Forbearance by the City Sample Clauses

Forbearance by the City. (1) So long as a Leasehold Mortgagee shall be diligently exercising its Mortgagee’s Cure Rights, including the commencement and pursuit of an Enforcement Action which is timely commenced and completed within the applicable cure periods set forth above, the City shall not, to the extent permitted under the Lease Agreement, (i) re‐enter the Arena to cure the OVG Event of Default,
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Forbearance by the City. (1) So long as a Leasehold Mortgagee shall be diligently exercising its Mortgagee's Cure Rights, including the commencement and pursuit of an Enforcement Action, within the applicable cure periods set forth above, the City shall not, to the extent permitted under this Agreement, (i) re‐enter the Arena to cure the ArenaCo Event of Default, (ii) bring a proceeding on account of such default to (a) re‐enter the Arena to cure the ArenaCo Event of Default, (b) dispossess ArenaCo or other occupants of the Arena, (c) terminate the Leasehold Estate, or (d) replace the management company pursuant to Section 11.2(B)), or (iii) accelerate payment of the Annual Fee or any other amounts payable by ArenaCo under this Agreement. Upon (A) any cessation of a Leasehold Mortgagee exercising Mortgagee's Cure Rights, or (B) the expiration of the applicable cure period, as extended in connection with Mortgagee's Cure Rights, without cure, the City may, upon notice to such Leasehold Mortgagee, exercise any of the City's rights under this Agreement with respect to dispossession or termination. Notwithstanding the foregoing, the City shall have the right to re‐enter the Arena, or bring a proceeding to so re‐ enter the Arena, to cure the applicable ArenaCo Event of Default if the Leasehold Mortgagee that is exercising its Mortgagee's Cure Rights does not have Control of the Arena at such time; provided, however, that (1) the City gives prior written notice thereof to such Leasehold Mortgagee, and (2) no such cure by the City shall be deemed to diminish any of the Mortgagee's Cure Rights. Nothing in this Section 16.7(J)(1) will be deemed to diminish or other restrict the City's access rights under Section 4.8.
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Forbearance by the City. (1) So long as a ArenaCo Lender shall be diligently exercising its ArenaCo Lender's Cure Rights, including the commencement and pursuit of an Enforcement Action, within the applicable cure periods set forth above, the City shall not, to the extent permitted under this Agreement, (i) re‐enter the Parking Facilities to cure the ArenaCo Event of Default, (ii) bring a proceeding on account of such default to (a) re‐enter the Parking Facilities to cure the ArenaCo Event of Default, (b) dispossess ArenaCo or other occupants of the Parking Facilities, (c) terminate the Management Rights, or (d) replace the management company pursuant to Section 9.2(C), or (iii) accelerate payment of the Annual Fee or any other amounts payable by ArenaCo under this Agreement. Upon
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Related to Forbearance by the City

  • Acceptance by the City It is expressly understood and agreed that all materials provided and/or work done by the Contractor shall be subject to inspection and acceptance by the City at its discretion, and that any progress inspections and approval by the City of any item or work shall not forfeit the right of the City to require the correction of faulty workmanship or material at any time during the course of the work, although previously approved by oversight. Nothing herein contained shall relieve the Contractor of the responsibility for proper construction and maintenance of the work, materials and equipment required under the terms of this Contract until all work has been completed and accepted by the City.

  • Termination by the City 96.1. In addition to termination pursuant to any other article of this Contract, the Commissioner may, at any time, terminate this Contract by written notice to the Contractor. In the event of termination, the Contractor shall, upon receipt of such notice, unless otherwise directed by the Commissioner:

  • Release by the Contractor The acceptance by the Contractor of final payment shall release NYSERDA from all claims and liability that the Contractor, its representatives and assigns might otherwise have relating to this Agreement.

  • TERMINATION BY THE CONTRACTOR If the Work is stopped for a period of thirty days under an order of any court or other public authority having jurisdiction, or as a result of an act of government, such as a declaration of a national emergency making materials unavailable, through no act or fault of the Contractor or a Subcontractor or their agents or employees or any other persons performing any of the Work under a contract with the Contractor, or if the Work should be stopped for a period of thirty days by the Contractor because the Architect has not issued a Certificate for Payment as provided in Paragraph 9.7 of these General Conditions or because the State has not made payment thereon as provided in Paragraph 9.7, then the Contractor may, upon seven additional days written notice to the State and the Architect, terminate the Contract and recover from the State payment for all Work executed and for any proven loss sustained upon any materials, equipment, tools, construction equipment and machinery, including reasonable profit and damages.

  • Modification by the Parties The Parties may by mutual agreement amend the Appendices to this Agreement, by a written instrument duly executed by all three of the Parties. Such an amendment shall become effective and a part of this Agreement upon satisfaction of all Applicable Laws and Regulations.

  • Payment by the Judicial Council A. In accordance with the terms and conditions of this Agreement, the Judicial Council will pay the Contractor the actual cost not to exceed the total Contract Amount, as set forth in Table 1, below, for performing the Work of this Agreement. Payment will be at the prices set forth herein and based upon the actual and allowable cost to perform the Work. Table 1: Description Exhibit Estimated Total Cost Sleeping Rooms C $@,@@@.@@ Meeting and Function Rooms D $@,@@@.@@ Food and Beverage Service E $@,@@@.@@ Miscellaneous Requirements and Expenses F $@,@@@.@@ Total Contract Amount: $@@@@.@@

  • Termination by the Customer The Customer may terminate this Agreement by providing a written notice of termination to the Transfer Agent, specifying the date as of which this Agreement will terminate, which may be any date, including the date such written notice is provided, provided the circumstances described below giving rise to the termination right are continuing at the time of the Transfer Agent’s receipt of such written notice, if as a result of an Event Beyond Reasonable Control:

  • Termination by the Company This Agreement may be terminated by the Company at any time prior to the Effective Time:

  • Termination by the Commission The Commission may decide to terminate the agreement, without any indemnity on its part, in the following circumstances:

  • Termination by the State The State or commissioner of Administration may cancel this Professional and Technical Services Master Contract and any Work Authorizations at any time, with or without cause, upon 30 days’ written notice to the Contractor. Upon termination, the Contractor will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed.

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