City Event of Default. Subject to Section 9.05, the occurrence and continuance of any of the following events shall constitute a “City Event of Default” hereunder:
A. 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 Section), and continuance of such default or breach for a period of 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. Each of the following events, if uncured after expiration of the applicable cure period, shall constitute a “City Event of Default”:
(i) The City breaches any other material provision of this Agreement.
(ii) The material breach of any of the City’s representations or warranties set forth in this Agreement.
City Event of Default. Subject to Section 7.05, a “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. The occurrence of any one or more of the following shall constitute an “Event of Default” as such term is used herein:
(a) Failure of the City to comply with any of the material terms, conditions, covenants, or provisions of this Agreement that is not fully cured by the City on or before the expiration of a sixty (60) day period (or, if the County approves in writing, which approval shall not be unreasonably withheld, conditioned or delayed, such longer period as may be reasonably required to cure a matter which, due to its nature, cannot reasonably be cured within 60 days) commencing upon the County’s written notice to the City of the occurrence thereof.
City Event of Default. The occurrence of any of the events stated in this section shall be a City event of default (“City Event of Default”). A City Event of Default occurs whenever City shall do, or permit anything to be done, whether by action or inaction, contrary to any material covenant or agreement on the part of City herein contained or contrary to any of City’s obligations under this Agreement, which City fails to remedy within thirty (30) days after School Board has given City written demand specifying the same.
City Event of Default. Unless otherwise expressly agreed by ArenaCo in writing, it shall be a "City Event of Default" under this Agreement if the City materially breaches or fails to comply with any material provision of this Agreement applicable to the City, and such breach or noncompliance continues for a period of 60 days after written notice thereof by ArenaCo to the City; or, if such breach or noncompliance cannot reasonably be cured within such 60‐day period, the City does not commence to cure such breach or noncompliance within such 60‐ day period or, after commencing to cure such breach or noncompliance, does not thereafter pursue such cure in good faith to completion.
City Event of Default. Without limitation, the failure by the CITY to substantially fulfill any of its material obligations in accordance with this Agreement, unless such failures are justified by Force Majeure, shall constitute a "CITY event of default". The UTILITY shall not be required to provide one year prior notice as required under Article IV before terminating this Agreement for default. If the UTILITY determines that a CITY event of default has occmTed, the UTILITY shall provide written notice of such default to the CITY and allow the CITY a thirty (30) calendar day period to rectify the "CITY event of default". In the event that the UTILITY determines that the CITY event of default has not been rectified, the UTILITY shall have the right to terminate the Agreement with the following cumulative and independent rights and remedies:
City Event of Default. A breach of any material obligation by the City shall be cured within the times required after written notice provided in accordance with paragraph 3 below, and if not so cured, shall constitute a “City Event of Default”.
City Event of Default. A “City Event of Default” shall be deemed to have occurred under this Agreement in the event that:
15.2.1.1 The City fails to perform any obligation under this Agreement and fails to cure such nonperformance within thirty (30) days after the effective date of written notice from RCM describing the nonperformance with reasonable specificity or if such nonperformance cannot be cured solely by the payment of money and cannot be cured within such 30-day period despite the exercise of due diligence, fails to commence curative action within such 30-day period and to continue such action to completion with due diligence;
15.2.1.2 Any representation or warranty made by the City in this Agreement is determined to have been materially false or misleading when made; or
15.2.1.3 The City shall be in default under the Development Agreement, the Arena Lease, or the Entertainment Complex Ground Lease and shall not have cured such default within the time period, if any, provided in such agreements.
City Event of Default. Any one or more of the following shall constitute an event of default under this Agreement by the City (herein called a “City Event of Default”) (whatever the reason for such event and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
(i) the City shall fail to make a City Payment when due hereunder; provided, however, that a City Payment will be considered timely made if made within ten (10) business days of the due date thereof;
(ii) the dissolution or liquidation of the City, or the filing by the City of a voluntary petition in bankruptcy, or the City’s seeking of or consenting to or acquiescing in the appointment of a receiver of all or substantially all of its property, or the adjudication of the City as bankrupt, or any assignment by the City for the benefit of its creditors, or the entry by the City into an agreement of composition with its creditors, or if a petition or answer is filed by the City proposing the adjudication of the City as bankrupt or its reorganization, arrangement or debt readjustment under any present or future federal bankruptcy code or any similar federal or state law in any court, or if any such petition or answer is filed by any other person and such petition or answer shall not be stayed or dismissed within sixty (60) days;
(iii) the City shall draw or make demand upon the Letter of Credit other than specifically in accordance with the requirements of Section 3.8 hereof;
(iv) the City shall intentionally and wrongfully delay or fail to issue any permits, licenses, approvals, certificates of occupancy or other consents applicable in the Project in the ordinary course of business of the City; or
(v) failure by the City to perform or observe any of its agreements or covenants contained in this Agreement, which failure shall have continued for a period of thirty (30) calendar days after written notice thereof from the Company, unless (A) the Company shall agree in writing to an extension of such period prior to its expiration, or (B) during such thirty (30) day period or any extension thereof, the City has commenced and is diligently pursuing appropriate corrective action, or (C) the City is by reason of a Force Majeure Event at the time prevented from performing or observing the agreement or covenant with respect to which the City is delinquent;
