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5.3.1 In leases: "The Lessee herein covenants by and for itself, its successors <br />and assigns, and all persons claiming under or through them, and this lease is made and accepted <br />upon and subject to the following conditions: That there shall be no discrimination against or <br />segregation of any Person or group of persons, on account of race, color, creed, religion, gender, <br />sexual orientation, marital status, national origin, or ancestry, in the leasing, subleasing, <br />transferring, use, occupancy, tenure, or enjoyment of the premises herein leased nor shall the <br />lessee itself, or any Person claiming under or through it, establish or permit any such practice <br />or practices of discrimination or segregation with reference to the selection, location, number, <br />use, or occupancy, of the Developers lessees, sub -lessee, sub -Developers, or vendees in the <br />premises herein leased." <br />5.3.2 In contracts: "There shall be no discrimination against or segregation of <br />any Person or group of persons on account of race, color, creed, religion, gender, sexual <br />orientation, marital status, national origin, or ancestry, in the sale, lease, sublease, transfer, use, <br />occupancy, tenure, or enjoyment of the premises herein conveyed or leased, nor shall the <br />transferee or any Person claiming under or through it, establish or permit any such practice or <br />practices of discrimination or segregation with reference to the selection, location, number, use, <br />or occupancy, of the Developers, lessees, sub -lessees, sub -Developers, or vendees of the <br />premises herein transferred." The foregoing provision shall be binding upon and shall obligate <br />the contracting party or parties and any subcontracting party or parties, or other transferees <br />under the instrument. <br />5.4 Survival and Enforcement of Special Development Covenants. These <br />special development covenants may be enforced by the City regardless of whether the City <br />currently owns or continues to own an interest in any property benefited by any such covenants. <br />The Developer irrevocably stipulates and agrees that breach of any of the special development <br />covenants set forth in this ARTICLE 55 will result in great and irreparable damage to the City, <br />and will result in damages to the City that are either impracticable or extremely difficult to <br />quantify. Accordingly, upon the breach of any special development covenant set forth in this <br />Article 5, the City may institute an action for injunctive relief and/or for damages regarding <br />such breach. <br />ARTICLE 6 <br />DEFAULTS, REMEDIES AND TERMINATION <br />6.1 Defaults. <br />6.1.1 Events of Default. In addition to other acts or omissions of a Party that <br />may legally or equitably constitute a Default or breach of this Agreement, the occurrence of <br />any of the following specific events shall constitute an "Event of Default' under this <br />Agreement: <br />(a) Monetary Default. If a Monetary Default occurs and continues <br />for seven (7) days after Notice from the City, specifying in reasonable detail the amount of <br />money not paid and the nature and calculation of each such payment. <br />23 <br />75A-28 <br />