Common use of City Default Clause in Contracts

City Default. City shall be in default under this Agreement (“City Default”) in the event City commits a material breach of the Agreement and fails to cure such breach within thirty (30) days after receiving notice from the Contractor specifying the breach, provided that if the nature of the breach is such that it will reasonably require more than thirty (30) days to cure, City shall not be in default so long as City promptly commences the cure and diligently proceeds to completion of the cure. In the event of an asserted City Default, Contractor shall continue to perform all of its obligations hereunder until a court of competent jurisdiction has issued a final judgment declaring that City is in Default.

Appears in 3 contracts

Samples: Agreement for Solid, Agreement for Solid, Agreement

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City Default. City shall be in default under this Agreement (“City Default”) in the event City commits a material breach of the Agreement and fails to cure such breach within thirty (30) days Days after receiving notice from the Contractor specifying the breach, provided that if the nature of the breach is such that it will shall reasonably require more than thirty (30) days Days to cure, City shall not be in default so long as City promptly commences the cure and diligently proceeds to completion of the cure. In the event of an asserted City Default, Contractor shall continue to perform all of its obligations hereunder until a court of competent jurisdiction has issued a final judgment declaring that City is in Default.

Appears in 1 contract

Samples: Appendix 1

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