Common use of Default If Clause in Contracts

Default If. 5.2.1 the Association fails to pay money which is due to the Council for a period of twenty eight (28) days from the due date for payment; 5.2.2 the Association commits any breach of this Lease which, is either not capable of being completely put right, or is not put right within twenty eight (28) days from the date of the Council's notice to the Association, identifying the breach and requiring it to be put right; 5.2.3 an insolvency event occurs in respect of the Association 5.2.4 the Association ceases to manage the Land for the purposes set out or in compliance with Clauses 3.1 or to maintain the Land as provided at Clause 3.3 to the reasonable satisfaction of Council. then the Council will be entitled to terminate this Lease. The right to terminate this Lease will not reduce the Council's rights to take any other action for any of the Association's previous breaches.

Default If. 5.2.1 the Association fails to pay money which is due to the Council for a period of twenty eight (28) days from the due date for payment; 5.2.2 the Association commits any breach of this Lease which, is either not capable of being completely put right, or is not put right within twenty eight (28) days from the date of the Council's notice to the Association, identifying the breach and requiring it to be put right; 5.2.3 an insolvency event occurs in respect of the Association 5.2.4 the Association ceases to manage the Land for the purposes set out or in compliance with Clauses 3.1 or to maintain the Land as provided at Clause 3.3 to the reasonable satisfaction of Council. Council then the Council will be entitled to terminate this Lease. The right to terminate this Lease will not reduce the Council's rights to take any other action for any of the Association's previous breaches.