Common use of Term of Agreement; Survival Clause in Contracts

Term of Agreement; Survival. The CITY shall make the Eviction Protection Payment as promptly as practicable following execution of this Agreement. This Agreement shall be deemed effective upon execution by both parties, and shall terminate following the satisfactory completion of the Eviction Protection Payment disbursement to the LANDLORD or upon any default of this Agreement by the LANDLORD, whichever occurs first. The parties' rights and obligations under this Agreement will survive the termination of this Agreement. This Agreement may be terminated by the City for cause or for convenience, upon written notice to the LANDLORD.