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198 ARTICLE VI DEFAULT Section 6.01. Effect of Default If either party fails to materially comply with or perform any of the covenants, conditions, or provisions of this Lease by it to be kept or performed after expiration of the applicable cure period pursuant to Section 6.02 of this Lease (hereinafter, an "Event of Default"), then, upon the occurrence of any "Event of Default, the non-defaulting party may pursue any remedy available at law, by equity or pursuant to this Lease, including, without limitation, the initiation of a suit at law or equity to enforce the obligations of the defaulting party. No right or remedy herein conferred upon or reserved to the County is intended to be exclusive of any other right or remedy given hereunder or now or hereafter existing at law or in equity. No waiver of any Event of Default hereunder shall affect any subsequent Event of Default or shall impair any rights or remedies consequent on said subsequent Event of Default. The failure of the non-defaulting party to insist at any time upon the strict performance of any covenant or agreement or to exercise any option, right, power, or remedy contained in this Lease shall not be construed as a waiver or a relinquishment thereof for the future. No delay or omission of the non-defaulting party to exercise any right or power accruing upon any Event of Default shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or any acquiescence therein. Section 6.03. Right to Cure. Nothing herein contained shall be construed as authorizing the County to declare an Event of Default where the City's failure to comply with this Lease consists of the nonpayment of rent until such nonpayment in violation of the terms of this Lease shall have continued for fifteen (15) days after the due dates for payment of such rent; and where the failure to comply with this Lease consists of some violation(s) other than the nonpayment of rent, the County may not declare an Event of Default until such violation(s) shall have continued for thirty (30) days after the County shall have given the City written notice of such violation(s). The City may not declare that the County is in default under this Lease until the County has failed to materially comply with or perform any of the covenants, conditions or provisions shall have continued for thirty (30) days after the City shall have given the County written notice of such violations. ARTICLE VII COVENANT OF QUIET ENJOYMENT The County covenants and agrees with the City that, so long as the City materially keeps and performs all of the covenants and conditions by the City to be kept and performed, the City shall have quiet and undisturbed and continued possession of the Demised Premises, free from any claims by the County and every person and entity claiming under, by, or through the County. The County shall not encumber the Demised Premises or permit the Demised Premises to be encumbered except as first consented to by the City. ARTICLE VIII MISCELLANEOUS Section 8.01. Force Majeure. If the County or the City is delayed in, hindered in, or prevented from the performance of any'act required hereunder by reason of strikes, lockouts, labor troubles, inability to procure materials, failure of power, restrictive government laws or regulations, riots, insurrection, war, or other reason beyond its control, then performance of such act shall be excused for the period of the delay; and the period for the performance of any such act shall be extended for a period equivalent to the period of such delay hindrance, or prevention as the case may be. Section 8.02. Covenants Running with Land. Ail covenants, promises, conditions, and obligations herein contained or implied by law are covenants running with the land and shall attach to the Demised Premise and shall bind and inure to the benefit of the County and the City and their respective heirs, legal representatives, successors, and permitted assigns. Section 8.03. No Waiver. No waiver of a breach of any of the covenants in this Lease contained shall be construed to be a waiver of any succeeding breach of the same covenant. Section 8.04. Memorandum of Lease. The County and the City will, upon the commencement of the term'of this Lease, execute a memorandum of lease legally sufficient to comply with the provisions of the North Carolina General Statutes relating thereto. Said memorandum of lease Shall include provisions relating to: