Common use of Notice and Remedies Clause in Contracts

Notice and Remedies. Whenever any Event of Default described in this Agreement occurs, the City shall provide written notice to the Company describing the cause of the default and the steps that must be taken by the Company in order to cure the default. The Company shall have thirty (30) days after receipt of the notice to cure the default or to provide assurances satisfactory to City that the default will be cured as soon as reasonably possible. If the Company fails to cure the default or provide assurances, the City shall then have the right to:

Appears in 6 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Notice and Remedies. Whenever any Event event of Default default described in this Agreement occurs, the City shall provide written notice to the Company describing the cause of the default and the steps that must be taken by the Company in order to cure the default. The Company shall have thirty (30) days after receipt from the mailing of the notice or from the personal delivery of the notice to cure the default or to provide assurances satisfactory to City that the default will be cured as soon as reasonably possible. If the Company fails to cure the default or provide assurances, the City shall then have the right to:

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Notice and Remedies. Whenever any Event event of Default default described in this Agreement occurs, the City shall provide written notice to the Company describing the cause of the default and the steps that must be taken by the Company in order to cure the default. The Company shall have thirty (30) days after receipt of the notice to cure the default or to provide assurances satisfactory to City that the default will be cured as soon as reasonably possible. If the Company fails to cure the default or provide assurances, the City shall then have the right to:

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Notice and Remedies. Whenever any Event of Default described in this Agreement occurs, the City shall provide written notice to the Company Developer describing the cause of the default and the steps that must be taken by the Company Developer in order to cure the default. The Company Developer shall have thirty (30) days after receipt of the notice to cure the default or to provide assurances reasonably satisfactory to City that the default will be cured as soon as reasonably possible. If the Company Developer fails to cure the default or provide assurances, the City shall then have the right to:

Appears in 1 contract

Samples: Development Agreement

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