Common use of Default by the City Clause in Contracts

Default by the City. The City shall not be deemed to be in default in the performance of any obligation required to be performed by it hereunder unless and until it has failed to perform such obligation within 30 days after receipt of written notice by Tenant to the City specifying the nature of such default; provided, however, that if the nature of the City’s obligation is such that more than 30 days are required for its performance, then the City shall not be deemed to be in default if it shall commence its performance within such 30 day period and thereafter shall diligently prosecute the same to completion. If the City default occurs, Tenant may thereafter pursue any other remedy to which ▇▇▇▇▇▇ is entitled at law or in equity.

Appears in 6 contracts

Sources: Ground Lease, Ground Lease, Ground Lease

Default by the City. The City shall not be deemed to be in default in the performance of any obligation required to be performed by it hereunder unless and until it has failed to perform such obligation within 30 days after receipt of written notice by Tenant to the City specifying the nature of such default; provided, however, that if the nature of the City’s obligation is such that more than 30 days are required for its performance, then the City shall not be deemed to be in default if it shall commence its performance within such 30 day period and thereafter shall diligently prosecute the same to completion. If the City default occurs, Tenant may thereafter pursue any other remedy to which ▇▇▇▇▇▇ is entitled at law or in equitylaw.

Appears in 2 contracts

Sources: Conex Lease, Conex Lease

Default by the City. The City shall not be deemed to be in default in the performance of any obligation required to be performed by it hereunder unless and until it has failed to perform such obligation within 30 days after receipt of written notice by Tenant ▇▇▇▇▇▇ to the City specifying the nature of such default; provided, however, that if the nature of the City’s obligation is such that more than 30 days are required for its performance, then the City shall not be deemed to be in default if it shall commence its performance within such 30 30-day period and thereafter shall diligently prosecute the same to completion. If the a City default occursoccurs and is not cured within the above time periods, Tenant may thereafter pursue any other remedy to which ▇▇▇▇▇▇ Tenant is entitled at law or in equity. Notwithstanding the foregoing, the City does not hereby waive any rights of municipal immunity from suit.

Appears in 1 contract

Sources: Ground Lease

Default by the City. The City shall not be deemed to be in default in the performance of any obligation required to be performed by it hereunder unless and until it has failed to perform such obligation within 30 days after receipt of written notice by Tenant Lessee to the City specifying the nature of such default; provided, however, that if the nature of the City’s obligation is such that more than 30 days are required for its performance, then the City shall not be deemed to be in default if it shall commence its performance within such 30 day period and thereafter shall diligently prosecute the same to completion. If the City default occurs, Tenant ▇▇▇▇▇▇ may thereafter pursue any other remedy to which ▇▇▇▇▇▇ is entitled at law or in equity.

Appears in 1 contract

Sources: Parking Lease Agreement