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upon five (5) days written notice if any one or more of the following <br />events shall occur: <br />The Operator fails to duly and punctually deposit the gross receipts <br />and deliver the deposit receipt to the City, or fails to make any <br />other payments required hereunder when due to the City within <br />two (2) business days after written notice from the City of such <br />failure to comply. <br />2. Failure of the Operator to maintain a quality of service satisfactory <br />to the Contract Administrator and required by Section 13 <br />( "Responsibilities And Requirements Of Operator ") hereof, after <br />service of a Three -Day Notice to correct the unsatisfactory <br />condition. <br />3. The happening of any act, which results in the suspension or <br />revocation of the rights, power, licenses, permits and authorities <br />necessary for the conduct and operation of the Parking Facilities as <br />herein authorized. <br />4. The transfer of the interest of the Operator under this Agreement <br />by operation of law, or otherwise, to any other person, firm or <br />corporation. <br />5. Any substantial change in the ownership or proprietorship of the <br />Operator, which in the opinion of the City, is not in the best <br />interest of the City or the public. <br />6. Failure of the Operator to keep, perform and observe each and <br />every other promise, covenant, condition and agreement set forth <br />in this Agreement on its part to be kept, performed or observed <br />within three (3) days after receipt of written notice of default there <br />under from the City, except where fulfillment of the Operator's <br />obligation requires activity over a period of time and the Operator <br />shall have commenced to perform whatever may be required for <br />fulfillment within three (3) days after receipt of such notice and <br />continues such performance without interruption except for causes <br />beyond its control. <br />7. The levy of any attachment or execution, or the appointment of any <br />receiver, or the execution of any other process of any court of <br />competent jurisdiction which does or as a direct consequence of <br />such process will interfere with the Operator's occupation of the <br />Parking Facilities and will interfere with its operations under this <br />Agreement, and which attachment, execution, receivership, or <br />24 <br />