RecDoc 2009-095365 - Laserfiche WebLink

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it, at the same or different times, of any other rights or remedies for the same default or any other default by another party. Section 5.04. Rights and Remedies of Termination. a. Termination by the Agency and/or the City. 1. Subj ect to wri tten notice of defaul t which shall specify Participant's default and the action required to cure same and upon thirty (30) days notice to Participant of the Agency's and/or the Ci ty' s intent to terminate this Agreement pursuant to this Section, the Agency and/or the City at its option may terminate this Agreement if Participant in breach of this Agreement assigns or attempts to assign this Agreement, or any right therein, or attempts to make any total or partial sale, lease or leaseback, transfer or conveyance of the whole or any part of the Property or the improvements to be developed thereon in violation of the terms of this Agreement, and Participant does not correct such violation within thirty (30) days from the date of receipt of such notice. 2. In addition to the above, the Agency and/or the City may terminate this Agreement if Participant fails to satisfy the conditions precedent set forth in Section 2.01(c) (i), relating to securing of funding and financing commitments for the Project. 3. Subject to written notice of default, which shall specify Participant's default and the action required to cure same and upon thirty (30) days notice to Participant of the Agency's intent to terminate this Agreement pursuant to this Section, the Agency and/or the City at its option may terminate this Agreement if Participant does not carry out its other responsibilities under this Agreement and such default is not cured or Participant does not commence and diligently and continuously proceed with such cure within thirty (30) days after the date of receipt of written demand therefor from the Agency and/or the City. ARTICLE VI GENERAL PROVISIONS Section 6.01. Notices, Demands and Communications Among the Parties. a. Any and all notices, demands or communications submitted by any party to another party pursuant to or as required by this Agreement shall be proper if in writing and dispatched by messenger for immediate personal delivery, or by registered or certified Uni ted States mail, postage prepaid, return receipt requested, to the addresses of the Agency, the City and Participant, as applicable, set forth in paragraph b. below. Such written notices, demands and communications may be sent in the same manner to such other addresses as either party may from time to 31