Common use of Monetary Breach Clause in Contracts

Monetary Breach. In the case of a monetary Breach by MINI of Santa ▇▇▇▇▇▇, MINI of Santa ▇▇▇▇▇▇ shall promptly commence to cure the identified Breach and shall complete the cure of such Breach within thirty (30) business days after receipt by MINI of Santa ▇▇▇▇▇▇ of the Notice of Breach; provided that if such monetary Breach is the result of an Excusable Delay or the cure of the same is delayed as a result of an Excusable Delay, MINI of Santa ▇▇▇▇▇▇ shall deliver to the City reasonable evidence of the Excusable Delay.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement