ohio notice of default right to cure template ohio

The City through the Board of Control shall have the right to reject any or all bids, parts of such bid, and reserves the right to waive any in formalities in the bid. No bid will be accepted from, nor a contract awarded to, any person, firm or corporation that is in arrears or is in default to the City upon any debt or contract, or is a defaulter as surety or otherwise upon any obligation to the City, or has failed to perform faithfully on any previous contract with the City of Cleveland. All bids, immediately after being read, shall be tabulated and summarized and shall become public record in the office of the Commissioner of Purchases and Supplies.

The Leasehold Mortgagee or Financier shall have priority over Lessor to cure any default by Lessee pursuant to Section 7.1, or to take possession of the Premises and the Permitted Improvements and to operate the Permitted Improvements if necessary to protect the public health and safety pursuant to Section 7.2, except in either case as specified in such sections.All bids received in conformity with the Invitation to Bid shall be endorsed with the contract or advertisement name or number and name and address of the bidder. If any notice shall be given of the default of Lessee and Lessee has failed to cure or commence to cure such default within the cure period provided in this Lease, then any such Leasehold Mortgagee or Financier, which has given notice as above provided, shall be entitled to receive an additional notice from Lessor that Lessee has failed to cure such default and such Leasehold Mortgagee shall have thirty (30) days after such additional notice to cure any such default or, if such default cannot be cured within thirty (30) days, to diligently commence curing within such time and diligently pursue such cure to completion within such time as Lessee would have been allowed pursuant to Section 16.1 but as measured from the date of such additional notice.

Notice of Default Opportunity to Cure. The Leasehold Mortgagee and any other Financier shall be entitled to receive notice of any default by Lessee, provided that such Leasehold Mortgagee or Financier shall have first delivered to Lessor a notice of its interest in the Leasehold Mortgage or such other interests in the Lessee, the Solar Energy Facility or the Permitted Improvements, in the form and manner, if any, provided by state laws, rules, regulations, Lessee’s procedures, and the provisions of this Lease.

Ohio notice of default right to cure template ohio