Common use of Default in Payments Clause in Contracts

Default in Payments. The failure of Franchisee to pay City when due any amounts required by the Agreement pursuant to Section 6 and such failure continues for a period of ten (10) days after the due date. City will provide Franchisee a courtesy notice of such default. However, failure by the City to provide such notice shall not eliminate the default caused by Franchisee’s failure to pay City when due any amounts required by this Agreement.

Default in Payments. The failure of Franchisee to pay City when due any amounts required by the Agreement pursuant to Section 6 9 and such failure continues for a period of ten (10) 10 days after the due date. City will provide Franchisee a courtesy notice of such default. However, failure by the City to provide such notice shall not eliminate the default caused by Franchisee’s failure to pay City when due any amounts required by this Agreement.