City Event of Default definition

City Event of Default has the meaning set forth in Section 7.02.

City Event of Default means any event or occurrence defined in Section 9.02 of this Agreement.

City Event of Default has the meaning set forth in Section 11.3.

Examples of City Event of Default in a sentence

• With respect to a City Event of Default occurring after Closing, and provided Developer is not in default hereunder, the Developer may pursue any other available legal remedy except specific performance.

• In the event that there shall be an alleged OSEG Event of Default or an alleged City Event of Default, the City or OSEG, as the case may be, shall not be entitled to exercise any remedies contained in this Agreement in the event that such OSEG Event of Default or City Event of Default is the subject matter of a Dispute Resolution Procedure, other than the right to seek interim injunctive relief.

• The Parties hereby waive any and all rights to consequential, punitive, or exemplary damages for an ArenaCo Default or a City Event of Default, as the case may be.

• If the City does not cure within the applicable cure period set forth above, then the event shall constitute a City Event of Default and the Developer shall be afforded all of the following rights and remedies: (A) prosecute an action for damages against the City; (B) seek specific performance of this Agreement against the City; and/or (C) exercise any other remedy against the City permitted by law or under the terms of this Agreement.

• In the event that this Agreement is terminated by OSEG pursuant to applicable Law as a result of a City Event of Default, OSEG shall be entitled to payment in accordance with the provisions of Schedule M (Termination Compensation Principles) to the Project Agreement.

More Definitions of City Event of Default

City Event of Default means the occurrence of any one or more of the following in respect of the City:

City Event of Default means default in the performance of any obligation or breach of any other covenant or agreement of the City in this Agreement (other than a covenant or agreement, a default in the performance or breach of which is specifically dealt with elsewhere in this Agreement), and continuance of such default or breach for a period of thirty (30) days after there has been given to the City by the Developer a written notice specifying such default or breach and requiring it to be remedied; provided, that if such default or breach cannot be fully remedied within such 30-day period, but can reasonably be expected to be fully remedied and the City is diligently attempting to remedy such default or breach, such default or breach shall not constitute an event of default if the City shall immediately upon receipt of such notice diligently attempt to remedy such default or breach and shall thereafter prosecute and complete the same with due diligence and dispatch. During any such cure period which extends beyond 30 days, the City shall provide regular written updates to the Developer regarding its efforts toward, and the status of, remedying such default or breach.

City Event of Default is defined in Section 8.3.

City Event of Default means, with respect to the City, an Event of Default, as such term is defined in Section 9.1 hereof.

City Event of Default has the meaning given in Section 37.1(a) of the Project Agreement.

City Event of Default means default in the performance of any obligation or breach of any other covenant or agreement of the City in this Agreement (other than a covenant or agreement, a default in the performance or breach of which is specifically dealt with elsewhere in this Agreement), and continuance of such default or breach for a period of thirty (30) days after there has been given to the City by the Developer a written notice specifying such default or breach and requiring it to be remedied; provided, that if such default or breach cannot be fully remedied within such 30-day period, but can reasonably be expected to be fully remedied and the City is diligently attempting to remedy such default or breach, such default or breach shall not constitute an event of default if the City shall immediately upon receipt of such notice diligently attempt to remedy such default or breach and shall thereafter prosecute and complete the same with due diligence and dispatch.

City Event of Default means any default by the City as set forth in Section 6.2 below.