Common use of City Default Clause in Contracts

City Default. It shall be a default under and breach of this Ground Lease by the City if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Ground Lease for a period of thirty (30) days after notice thereof from the Developer; provided, however, that if the term, condition, covenant or obligation to be performed by the City is of such nature that the same cannot reasonably be performed within such 30-day period, such default shall be deemed to have been cured if the City commences such performance within said 30-day period and thereafter diligently undertakes to complete the same. Upon the occurrence of any such the default by the City, the Developer may (a) cure such default by the City and offset Additional Rent against such amounts, or (b) xxx for injunctive relief or to recover damages for any loss resulting from the breach or may pursue any other remedies available to it under Applicable Laws.

City Default. It shall be a default under and breach of this Ground Lease by the City if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Ground Lease for a period of thirty (30) days after notice thereof from the Developer; provided, however, that if the term, condition, covenant or obligation to be performed by the City is of such nature that the same cannot reasonably be performed within such 30-day period, such default shall be deemed to have been cured if the City commences such performance within said 30-day period and thereafter diligently undertakes to complete the same. Upon the occurrence of any such the default by the City, the Developer may (a) cure such default by the City and offset Additional Rent against such amounts, or (b) xxx sue for injunctive relief or to recover damages for any loss resulting from the breach or may pursue any other remedies available to it under Applicable Laws.