Xxxxxxx of SRA. If the SRA should default in the performance of any of its obligations hereunder, US2 shall give written notice of such default to the SRA. The SRA shall have a period of thirty
Xxxxxxx of SRA. If the SRA should default in the performance of any of its obligations hereunder, US2 shall give written notice of such default to the SRA. The SRA shall have a period of thirty (30) days after receipt of such notice to cure any default (provided, however, that the SRA shall have such additional time to cure such default as may be reasonably required if the same cannot reasonably be completed within such cure period but is curable, as long as the SRA promptly commences and diligently pursues such cure to completion). If the SRA fails to cure any default within the time provided for such cure in this Section VIII(D), except as otherwise provided below in this paragraph, US2 shall have the right, as its sole and exclusive remedy at law and in equity, to terminate this Master LDA upon thirty (30) days’ prior written notice to the SRA. Notwithstanding the limitation on US2’s recovery described in the preceding sentence, with respect to a default by the SRA resulting in the SRA’s failure to convey to the D-2 Block (or any portion thereof) to US2 or the D-2 Developer, in the event that, at the time the uncured default by the SRA gives rise to US2’s right to terminate this Master LDA, (a) all conditions to closing described in this Master LDA have been satisfied by US2 and (b) US2 is ready, willing and able to pay to the SRA the D-2 Block Purchase Price or Disposition Parcel Purchase Price (as applicable), then US2, as its sole and exclusive remedy at law and in equity, and in lieu of US2’s rights to terminate this Master LDA, as set forth above, shall have the right to specific performance by the SRA of the SRA’s obligations under this Master LDA. US2 hereby waives, for itself and its successors and assigns, any and all other legal or equitable rights or remedies other than those set forth herein including, without limiting the generality of the foregoing, any right to sue the SRA or the City for specific performance of the SRA or City’s other obligations hereunder or to seek an injunction or other equitable relief in any action against the SRA or the City with respect to any Disposition Parcel (or any portion thereof), and any right to sue the SRA or the City for damages or costs. Notwithstanding anything to the contrary contained herein, under no circumstances shall US2 be entitled to recover any damages from the SRA or the City, direct, consequential or otherwise.
