Examples of City Event of Default in a sentence
Other than to the extent caused by a City Event of Default, Developer and Owner hereby release the City with respect to all Claims regarding any alleged, established or admitted negligent or wrongful act or omission of the City, the Corporation or any agents, contractors, representatives or employees of the City, INCLUDING ALL CLAIMS CAUSED BY THE NEGLIGENCE OR STRICT LIABILITY OF THE CITY but excluding Claims to the extent caused by the gross negligence or willful misconduct of the City.
The City will reimburse OSEG for all reasonable costs incurred by OSEG as a result of a City Event of Default (including any relevant increased administrative expenses and actual legal expenses).
In the event that there shall be an alleged OSEG Event of Default or an alleged City Event of Default, the City or OSEG, as the case may be, shall not be entitled to exercise any remedies contained in this Agreement in the event that such OSEG Event of Default or City Event of Default is the subject matter of a Dispute Resolution Procedure, other than the right to seek interim injunctive relief.
In the event that this Agreement is terminated by OSEG pursuant to applicable Law as a result of a City Event of Default, OSEG shall be entitled to payment in accordance with the provisions of Schedule M (Termination Compensation Principles) to the Project Agreement.