Common use of City’s Default Clause in Contracts

City’s Default. The City shall not be in default unless the City fails to perform obligations required of the City within a reasonable time, but in no event later than thirty (30) days after receipt of written notice to the Tenant. If the nature of the City’s obligation is such that more than thirty (30) days are required for performance, then the City shall not be in default if the City commences performance within such thirty (30) day period and thereafter diligently pursues same to completion.

Appears in 2 contracts

Sources: Hangar Space Lease Agreement, Hangar Space Lease Agreement