Common use of Method and Terms of Payment Clause in Contracts

Method and Terms of Payment. 8.1 Times of payment shall be as stipulated in “Exhibit TBD”. 8.2 Should Lessee fail to pay the City any amount on each of the payment due dates, such failure shall constitute a default by the Lessee and City may send notice to Lessee of such default, pursuant to Article TBD below. In the event Lessee fails to cure the default within thirty

Appears in 2 contracts

Sources: Ground Lease Agreement, Ground Lease Agreement