Common use of Default by City Clause in Contracts

Default by City. If default shall be made in any of the covenants herein agreed to be kept or performed by City, and such default shall continue for sixty (60) days after written notice to City, this Lease may be terminated by Landlord; provided, however, that any delay in payment of Rent due to delay in accounting, financial or budgetary procedures by City shall not be deemed a default unless such delay shall continue thirty (30) days or more from the date such payment was due.

Appears in 4 contracts

Samples: Council Lease Agreement, Council Lease Agreement, Council Lease Agreement

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