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AG 1993 02 01
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AG 1993 02 01
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Last modified
3/25/2002 4:14:53 PM
Creation date
11/27/2017 11:59:33 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/1/1993
Board
Board of Commissioners
Meeting Type
Regular
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Section 4.02. Place of Payment. The Rent is payable at such <br />place as the County may specify on the date of the execution hereof <br />by the city. <br /> <br />ARTICLE V <br /> <br />ASSIGNMENT <br /> <br /> This Lease may not be assigned by either party without the <br />other party's express written consent. <br /> <br />ARTICLE VI <br /> <br />DEFAULT <br /> <br /> Section 6.01. Effect of Default· If either party fails to <br />materially comply with or perform any of the covenants, conditions, <br />or provisions of this Lease by it to be kept or performed after <br />expiration of the applicable cure period pursuant to Section 6.02 <br />of this Lease (hereinafter, an "Event of Default"), then, upon the <br />occurrence of any "Event of Default, the non-defaulting party may <br />pursue any remedy available at law, by equity or pursuant to this <br />Lease, including, without limitation, the initiation of a suit at <br />law or a~uity to enforce the obli~aticn~ cf tke d~fa~clting ~arty. <br /> <br /> No right or remedy herein conferred upon or reserved to the <br />County is intended to be exclusive of any other right or reme~? <br />givei~ hereunder or now ~.~ heueafter existing at law or in equity. <br />No waiver of any Event of Default hereunder shall affect any <br />subsequent Event of Default or shall impair any rights or remedies <br />consequent on said subsequent Event of Default. The failure of the <br />non-defaulting party to insist at any time u~on the strict <br />performance of any covenant or agreement or to exercise any option, <br />right, power, or remedy contained in this Lease shall not be <br />construed as a waiver or a relinquishment thereof for the future. <br />No delay or omission of the non-defaulting party to exercise any <br />right or power accruing upon any Event of Default shall impair any <br />such right or power or shall be construed to be a waiver of any <br />such Event of Default or any acquiescence therein. <br /> <br /> Section 6.03. RiGht to Cure. Nothing herein contained shall <br />be construed as authorizing the County to declare an Event of <br />Default where the City's failure to comply with this Lease consists <br />of the nonpayment of rent until such nonpayment in violation of the <br />terms of this Lease shall have continued for fifteen (15) days <br />after the due dates for payment of such rent; and where the failure <br />to comply with this Lease consists of some violation(s) other than <br />the nonpayment of rent, the County may not declare an Event of <br />Default until such violation(s) shall have continued for thirty <br />(30) days after the County shall have given the City written notice <br />of such violation(s). The City may not declare that the County is <br />in default under this Lease until the County has failed to <br />materially comply with or perform any of the covenants, conditions <br /> <br /> <br />
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