County Default definition

County Default. County shall be deemed in breach of this Lease if: a) in the event of any monetary breach of this Lease by County, Tenant shall notify County in writing of such breach, and County shall have ten (10) days from such notice in which to cure said breach or b) in the event of any non-monetary breach of this Lease, County fails within fifteen (15) days after receipt by County of written notice specifying wherein such obligation of County has not been performed; provided however, that if the nature of County's obligation is such that more than fifteen (15) days after such notice are reasonably required for its performance, then County shall not be in breach of this Lease if performance is commenced as soon as reasonably possible within such fifteen (15) day period and thereafter diligently pursued to completion (each, a “County Default”).

County Default means any of the occurrences set forth in Section 22 below.

County Default means the failure of County to perform in any material respect, any material act to be performed by County or to refrain from performing in any material respect, any material act prohibited hereby, if such failure has not been remedied by County within fifteen (15) Business Days following receipt of written notice from Master Developer identifying such failure. The term “Master Developer Default” shall mean the failure of Master Developer to perform in any material respect any material act to be performed by Master Developer or to refrain from performing in any material respect any material act prohibited hereby if such failure has not been remedied by Master Developer within fifteen

Examples of County Default in a sentence

• Neither the occurrence of a County Default nor the institution of any proceeding or the exercise of any remedy upon the occurrence of a County Default shall negate or diminish the obligations of the Property Owner hereunder to pay the installments of the Special Assessment and interest accrued on the Special Assessment Roll and all other costs hereunder when the same shall become due and payable.

• If the County Default is a result of a monetary breach by County in the payment of the Rent, pursuant to Clause 9 (RENT), Lessor may declare all rent payments to the end of County’s current fiscal year to be due, including any delinquent rent from prior budget years.

• Neither Party shall have the right to recover any actual, consequential, special or punitive damages in the event of a Default by the other Party; the foregoing notwithstanding, in the event of a County Default related to failure to repay the Developer Deposit or Developer Refund as provided by Section 5.3 below, Developer shall be entitled to recover actual damages in an amount not to exceed the Developer Deposit or Developer Refund, as applicable, that remains outstanding.

• Upon a County Default, WMATA may temporarily close the Connection until such time as the County Default is remedied to WMATA's satisfaction.

• City’s remedies as the result of County Default for monetary or non-monetary breach shall be the right to damages, injunctive relief, and/or any other rights at law or in equity.

• WMATA's waiver of any County Default shall not be considered a waiver of any subsequent County Default.

• In addition to the remedies set forth herein, in the event of a City Default or a County Default, the non-defaulting Party may immediately terminate this Agreement.

• Neither the occurrence of a County Default nor the institution of any proceeding or the exercise of any remedy upon the occurrence of a County Default shall negate or diminish the obligations of the Property Owner hereunder to pay the Annual Assessments and all other costs hereunder when the same shall become due and payable.

• In addition to the remedies set forth herein, in the event of a City Default or a County Default, the non- defaulting Party may immediately terminate this Lease.

• Lessor’s remedies as the result of County Default for monetary or non-monetary breach shall be the right to damages, injunctive relief, and/or any other rights at law or in equity.

More Definitions of County Default

County Default shall have the meaning given to it in Section 4.5 of the Non-Relocation Agreement.

County Default shall have the meaning set forth in Section 13.2 hereof.

County Default shall have the meaning set forth in Section 9.3. “County Extension Notice” has the meaning set forth in Section 3.2. "COUNTY Indemnitees" has the meaning set forth in Section 13.1.

County Default under this Agreement means County’s failure to cure a County Breach under this Agreement within thirty (30) days after County’s receipt of written notice from Lessee; provided, however, that if the nature of the County Breach is such that it cannot with reasonable diligence be cured within thirty (30) days, then the cure period set forth in this Section 10.13 shall be extended for such additional period as reasonably required for the cure of the County Breach as long as County commences cure of the County Breach within thirty (30) days after County’s receipt of written notice from Lessee and diligently prosecutes such cure to completion.