Common use of Other Default Clause in Contracts

Other Default. Developer's unexcused failure to perform any other term, covenant, or condition contained in this Agreement and such unexcused failure to perform continues for a period exceeding thirty (30) days after written notice thereof is given by the Land Bank to the Resident, provided that, if such default is capable of cure but cannot be cured within such thirty (30) day period, the failure of the Resident to commence to cure within such thirty (30) day period and to prosecute the same with due diligence.

Appears in 3 contracts

Samples: Note and Mortgage Agreement, Note and Mortgage Agreement, Development Enforcement Note and Mortgage Agreement

AutoNDA by SimpleDocs

Other Default. DeveloperResident's unexcused failure to perform any other term, covenant, or condition contained in this Agreement and such unexcused failure to perform continues for a period exceeding thirty (30) days after written notice thereof is given by the Land Bank to the Resident, provided that, if such default is capable of cure but cannot be cured within such thirty (30) day period, the failure of the Resident to commence to cure within such thirty (30) day period and to prosecute the same with due diligence.

Appears in 2 contracts

Samples: Residency Enforcement Mortgage, www.alleganyco.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.