Common use of City's Remedies on Default Clause in Contracts

City's Remedies on Default. If Tenant defaults in the payment of rent or of any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, the City may give Tenant notice of such default and if Tenant does not cure any such default within 30 days, after the giving of such notice (or if such other default is of such nature that it cannot be completely cured within such period, if Tenant does not commence such cure within such 10 days and thereafter proceed with reasonable diligence and in good faith to cure such default pursuant to a plan for cure approved by the Director, Leisure Services of the Parks and Recreation Department), then the City may terminate this lLease on not less than 10 days’ notice to Tenant. On the date specified in such notice the term of this lLease shall terminate, and Tenant shall then quit and surrender the pLeased Premises to the City, but Tenant shall remain liable as hereinafter provided. If this lLease shall have been so terminated by the City, the City may at any time thereafter resume possession of the pLeased Premises by any lawful means and remove Tenant or other occupants and their effects. It shall also be an event of default hereunder if a petition is filed by or against Tenant under any section or chapter of the Federal Bankruptcy Act, as amended, or under any similar law or statute of the United States or any state thereof, if Tenant becomes insolvent or makes a transfer in fraud of creditors, if Xxxxxx makes an assignment for benefit of creditors, or if a receiver is appointed for Tenant or any of the assets of Tenant, or if Tenant uses or permits use of the Leased Premises for any unlawful or felonious criminal activity. In any of such events, the City may terminate this Lease upon written notice to Tenant. In addition to termination of the Lease, the City may also pursue any remedy available at law and in equity upon an event of default by the Tenant hereunder. Should the City breach the terms and conditions of the Lease, Tenant may pursue any remedy available to it at law or equity. No failure to enforce any term of this Lease shall be deemed a waiver. No waiver of any defect or default shall be deemed to waive any subsequent defect or default.

City's Remedies on Default. If Tenant defaults in the payment of rent or of any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, the City may give Tenant notice of such default and if Tenant does not cure any such default within 30 days, after the giving of such notice (or if such other default is of such nature that it cannot be completely cured within such period, if Tenant does not commence such cure within such 10 days and thereafter proceed with reasonable diligence and in good faith to cure such default pursuant to a plan for cure approved by the Director, Leisure Services Director of the Parks and Recreation Department), then the City may terminate this lLease lease on not less than 10 days’ notice to Tenant. On the date specified in such notice the term of this lLease lease shall terminate, and Tenant shall then quit and surrender the pLeased Premises premises to the City, but Tenant shall remain liable as hereinafter provided. If this lLease lease shall have been so terminated by the City, the City may at any time thereafter resume possession of the pLeased Premises premises by any lawful means and remove Tenant or other occupants and their effects. It shall also be an event of default hereunder if a petition is filed by or against Tenant under any section or chapter of the Federal Bankruptcy Act, as amended, or under any similar law or statute of the United States or any state thereof, if Tenant becomes insolvent or makes a transfer in fraud of creditors, if Xxxxxx Tenant makes an assignment for benefit of creditors, or if a receiver is appointed for Tenant or any of the assets of Tenant, or if Tenant uses or permits use of the Leased Premises for any unlawful or felonious criminal activity. In any of such events, the City may terminate this Lease upon written notice to Tenant. In addition to termination of the Lease, the City may also pursue any remedy available at law and in equity upon an event of default by the Tenant hereunder. Should the City breach the terms and conditions of the Lease, Tenant may pursue any remedy available to it at law or equity. No failure to enforce any term of this Lease shall be deemed a waiver. No waiver of any defect or default shall be deemed to waive any subsequent defect or default.

City's Remedies on Default. If Tenant defaults in the payment of rent or of any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, the City may give Tenant notice of such default and if Tenant does not cure any such default within 30 days, after the giving of such notice (or if such other default is of such nature that it cannot be completely cured within such period, if Tenant does not commence such cure within such 10 days and thereafter proceed with reasonable diligence and in good faith to cure such default pursuant to a plan for cure approved by the Director, Leisure Services Director of the Parks and Recreation Department), then the City may terminate this lLease lease on not less than 10 days’ notice to Tenant. On the date specified in such notice the term of this lLease lease shall terminate, and Tenant shall then quit and surrender the pLeased Premises premises to the City, but Tenant shall remain liable as hereinafter provided. If this lLease lease shall have been so terminated by the City, the City may at any time thereafter resume possession of the pLeased Premises premises by any lawful means and remove Tenant or other occupants and their effects. It shall also be an event of default hereunder if a petition is filed by or against Tenant under any section or chapter of the Federal Bankruptcy Act, as amended, or under any similar law or statute of the United States or any state thereof, if Tenant becomes insolvent or makes a transfer in fraud of creditors, if Xxxxxx Tenant makes an assignment for benefit of creditors, or if a receiver is appointed for Tenant or any of the assets of Tenant, or if Tenant uses or permits use of the Leased Premises for any unlawful or felonious criminal activity. In any of such events, the City may terminate this Lease upon written notice to Tenant. In addition to termination of the Lease, the City may also pursue any remedy available at law and in equity upon an event of default by the Tenant hereunder. Should the City breach the terms and conditions of the Lease, Tenant may pursue any remedy available to it at law or equity. No failure to enforce any term of this Lease shall be deemed a waiver. No waiver of any defect or default shall be deemed to waive any subsequent defect or default.

City's Remedies on Default. If Tenant defaults in the payment of rent or of any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, the City may give Tenant notice of such default and if Tenant does not cure any such default within 30 days, after the giving of such notice (or if such other default is of such nature that it cannot be completely cured within such period, if Tenant does not commence such cure within such 10 days and thereafter proceed with reasonable diligence and in good faith to cure such default pursuant to a plan for cure approved by the Director, Leisure ServicesRecreation Services of the Parks and Recreation Department), then the City may terminate this lLease on not less than 10 days’ notice to Tenant. On the date specified in such notice the term of this lLease shall terminate, and Tenant shall then quit and surrender the pLeased Premises to the City, but Tenant shall remain liable as hereinafter provided. If this lLease shall have been so terminated by the City, the City may at any time thereafter resume possession of the pLeased Premises by any lawful means and remove Tenant or other occupants and their effects. It shall also be an event of default hereunder if a petition is filed by or against Tenant under any section or chapter of the Federal Bankruptcy Act, as amended, or under any similar law or statute of the United States or any state thereof, if Tenant becomes insolvent or makes a transfer in fraud of creditors, if Xxxxxx Tenant makes an assignment for benefit of creditors, or if a receiver is appointed for Tenant or any of the assets of Tenant, or if Tenant uses or permits use of the Leased Premises for any unlawful or felonious criminal activity. In any of such events, the City may terminate this Lease upon written notice to Tenant. In addition to termination of the Lease, the City may also pursue any remedy available at law and in equity upon an event of default by the Tenant hereunder. Should the City breach the terms and conditions of the Lease, Tenant may pursue any remedy available to it at law or equity. No failure to enforce any term of this Lease shall be deemed a waiver. No waiver of any defect or default shall be deemed to waive any subsequent defect or default.