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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > C

Cure Period

When a Default occurs, the breaching Party may have a specific time period to Cure the Default before the non-breaching Party is allowed to exercise Remedies.

The non-breaching Party may need to give Notice of the Default to the breaching Party to initiate the Cure Period.