Examples of Tenant Default in a sentence
If the Tenant Default is a result of a monetary breach by City in the payment of the Rent, pursuant to Clause 9 (RENT), County may, at the Countys sole discretion, a) declare all Rent payments to the end of Citys current fiscal year to be due, including any delinquent rent from prior budget years or b) terminate the Lease.
No delay or omission of County to exercise any right or remedy shall be construed as a waiver of such right or remedy or of any Tenant Default hereunder.
Countys remedies as the result of Tenant 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.
Failure by City to comply with A and B of this Clause shall result in Tenant Default (as further defined in Clause 32 (DEFAULTS AND REMEDIES)) and County shall have the right to exercise any remedy available to it by virtue of such Tenant Default in addition to any County Remedies defined in Clause 32 (DEFAULTS AND REMEDIES).