Common use of Ability to Cure Clause in Contracts

Ability to Cure. In the event that APPLICANT defaults -as specified in subsections (i)-(iii) above, the City Manager shall give APPLICANT written notice of such default. APPLICANT shall have thirty (30) days from the date of the notice to cure any such default (the “Cure Period”).

Appears in 2 contracts

Sources: Tax Abatement Agreement, Tax Abatement Agreement