Common use of Default by County Clause in Contracts

Default by County. County shall not be in default unless County fails to perform obligations imposed upon County hereunder within a reasonable time, but in no event later than thirty (30) days after written notice by Tenant to County, specifying wherein County has failed to perform such obligations; provided, however, that if the nature of County’s default is such that more than thirty (30) days are reasonably required for its cure, then County shall not be deemed to be in default if County commenced such cure within such thirty (30) day period and thereafter diligently pursues such cure to completion.

Appears in 3 contracts

Sources: Development Site Lease Agreement, Development Site Lease Agreement, Hotel Development Site Lease Agreement