CUMULATIVE OR CONTINUOUS VIOLATIONS. Should Concessionaire violate the provisions of Sections 5 or 7 of this Agreement, the City may place the Concessionaire on notice to correct said violation or violations without declaring the violation an Event of Default, and in addition, collect liquidated damages as provided below. With each notice, whether verbal or in writing, Concessionaire will be given a correction period in which to remedy the violation without further consequence. Except for a request for financial records by an authorized representative of the City, FAA, or Comptroller General, in which case the failure to produce the records within the time period allowed will trigger the imposition of liquidated damages. Otherwise, for each subcategory of Sections 5 or 7, Concessionaire will be allowed two written notices each calendar year before liquidated damages may be imposed in that same year. Beginning with the third written notice, and any written notices thereafter, liquidated damages may be assessed should Concessionaire fail to remedy the violation before the expiration of the correction period. Concessionaire’s Performance Obligations as Described in Sections 5 and 7 Form of notice Consequence Pre-written Notice(s) Verbal notification(s) issued by City to Concessionaire (correction period allowed) 1st Written Notice First written notice issued by City to Concessionaire (correction period allowed) 2nd Written Notice Second written notice issued by City to Concessionaire (correction period allowed) 3rd Written Notice and thereafter Third written notice by City to Concessionaire (correction period allowed). After the correction period, the Parties hereby agree that under the current circumstances a reasonable estimate of damages is One Hundred Dollars ($100) per day per infraction for each whole or partial day until the violation is corrected. For the purposes of this Section 10 only, the following definitions shall apply:
