Common use of REASONABLE CURE Clause in Contracts

REASONABLE CURE. (1) In the case of a violation that cannot be reasonably cured within 30 days, a notice of cancellation issued by the Borough to the Sublessee under this Article is stayed if, within the 30-day notice period, the Sublessee begins and continues expeditious action to cure the violation. The Borough will determine if a violation cannot be reasonably cured within 30 days and what constitutes expeditious action. (2) In the case where, in Borough’s sole determination, the Sublessee’s violation is considered an imminent threat to the Airport, public health or safety, or the environment, Borough will direct the Sublessee to stop the activity immediately and may reduce the period to cure the violation, or the Borough may correct the violation pursuant to E(2) of this section.

REASONABLE CURE. (1) In the case of a violation that cannot be reasonably cured within 30 days, a notice of cancellation issued by the Borough to the Sublessee under this Article is stayed if, within the 30-day notice period, the Sublessee begins and continues expeditious action to cure the violation. The Borough will determine if a violation cannot be reasonably cured within 30 days and what constitutes expeditious action. (2) In the case where, in Borough’s sole determination, the Sublessee’s violation is considered an imminent threat to the Airport, public health or safety, or the environment, Borough will direct the Sublessee to stop the activity immediately and may reduce the period to cure the violation, or the Borough may correct the violation pursuant to E(2) D of this section.