Default by Board. If the Board, ninety (90) days after receipt of written notice, fails to correct or cure any material breach of this Contract, the Contractor may cancel and terminate this Contract and institute measures to collect monies due up to and including the date of termination.
Default by Board. In the event the Board fails or refuses to make a payment due and owing to Vendor pursuant to the Local Government Prompt Payment Act, 50 ILCS 505/1-9, then Vendor shall give notice to the Board in accordance with the terms of this Agreement and the Local Government Prompt Payment Act demanding such payment.
Default by Board. The Board shall not in any event be in default under this Lease unless the Board shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to the Board specifying such neglect or failure, or if such failure is of such a nature that the Board cannot reasonably remedy the same within such thirty (30) day period, the Board shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity. The Lessee shall have all rights and remedies available or in equity ,vith respect to such default, including (without limitation) throu actions for damages or injunctive or declaratory relief.
