Common use of Events Constituting Default Clause in Contracts

Events Constituting Default. A party hereunder shall be deemed to be in default under this Agreement if such party breaches any obligation required to be performed by the respective party hereunder within any time period required for such performance and such breach or default continues for a period of thirty (30) days after written notice thereof from the party not in default hereunder.

Appears in 6 contracts

Sources: Development Agreement, Development Agreement, Development Agreement

Events Constituting Default. A party hereunder Party shall be deemed to be in default under this Agreement if such party Party breaches any obligation required to be performed by the respective party hereunder Party within any time period required for such performance and such breach or default continues for a period of thirty (30) days after written notice thereof from the party Party not in default hereunderdefault.

Appears in 4 contracts

Sources: Development Agreement, Development Agreement, Development Agreement

Events Constituting Default. A party hereunder shall be deemed to be in default under this Agreement if such party breaches any obligation required to be performed by the respective party hereunder within any time period required for such performance performance, including, without limitation, any failure to comply with the Schedule of Performance attached hereto as Exhibit “D”, and such breach or default continues for a period of thirty (30) days after written notice thereof from given by the non-defaulting party not specifying in default hereunderreasonable detail the nature of such breach.

Appears in 4 contracts

Sources: Development and Disposition Agreement, Development and Disposition Agreement, Development and Disposition Agreement

Events Constituting Default. A party hereunder shall be deemed to be in default under this Agreement if such party breaches any obligation required to be performed by the respective party hereunder within any time period required for such performance and such breach or default continues for a period of thirty (30) days after written notice thereof from the party not in default hereunder. For purposes of determining default and termination, those Developer obligations set forth in Section 7, Developer Obligations, are severable, and each individual obligation shall terminate upon the successive completion of the individual obligation.

Appears in 1 contract

Sources: Development Agreement

Events Constituting Default. A party hereunder shall be deemed to be in default under this Agreement if such party breaches any obligation required to be performed by the respective party hereunder within any time period required for such performance performance, including, without limitation, any failure to comply with the Schedule of Performance attached hereto as Exhibit C, and such breach or default continues for a period of thirty (30) days after written notice thereof from given by the non-defaulting party not specifying in default hereunderreasonable detail the nature of such breach.

Appears in 1 contract

Sources: Development and Disposition Agreement

Events Constituting Default. A party hereunder shall be deemed to be in default under this Agreement if such party breaches any obligation required to be performed by the respective party hereunder within any time period required for such performance performance, and such breach or default continues for a period of thirty (30) days after written notice thereof from given by the non- defaulting party specifying in reasonable detail the nature of such breach. Newtown shall not be deemed to be in default hereunderhereunder to the extent any breach of its obligations hereunder results from City’s failure to comply with the Act and applicable rules and regulations thereunder.

Appears in 1 contract

Sources: Development and Disposition Agreement

Events Constituting Default. A party Party hereunder shall be deemed to be in default under this Agreement if such party Party materially breaches any obligation required to be performed by the respective party Party hereunder within any time period required for such performance and such breach or default continues for a period of thirty (30) days after written notice thereof from the party not in default hereunder.thirty

Appears in 1 contract

Sources: Annexation and Development Agreement

Events Constituting Default. A party hereunder shall be deemed to be in default under this Agreement if such party breaches any obligation required to be performed by the respective party hereunder within any time period required for such performance and such breach or default continues for a period of thirty ninety (3090) days after written notice thereof from the party not in default hereunder.

Appears in 1 contract

Sources: Development Agreement