Developer’s Right of Termination Sample Clauses

Developer’s Right of Termination. At any time, the Developer may terminate this Agreement by (1) giving written notice to the City and the District and (2) filing a petition with the City Clerk to terminate the District and the District Sales Tax in compliance with the requirements of the CID Act. Upon termination of this Agreement, the Parties shall have no further rights or obligations hereunder except as may expressly survive termination.
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Developer’s Right of Termination. At any time prior to the delivery of the Certificate of Substantial Completion, the Developer may, by giving written notice to the City, terminate this Agreement and the Developer’s obligations hereunder if the Developer determines, in its sole discretion, that the Redevelopment Project is no longer economically feasible.
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Developer’s Right of Termination. The Developer may, by giving written notice to the City, abandon the Redevelopment Project and terminate this Agreement.
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Developer’s Right of Termination. (a) Notwithstanding anything to the contrary contained herein, Developer shall have the right to be released from its liability and obligations [except for (i) the obligation to pay Rental and/or Impositions prior to the Possession Date pursuant to Section 3.2(a) of the Ground Lease, and (ii) Owner's right to the Second Security Deposit] and to terminate this Development Agreement and the Ground Lease prior to the Possession Date because (1) changes to the Preliminary Plans and Specifications required by the ORB, Joint Board, or any other Governmental Authority (including the City), render the Project economically unfeasible in the reasonable business judgment of Developer, (2) the Project cannot meet concurrency requirements under Section 163.3180, Florida Statutes (1997), or (3) Developer, after good faith efforts, has been unable to obtain a full building permit for the Project pursuant to the Plans and Specifications submitted by Developer or (4) the Project becomes economically unfeasible in the reasonable business judgment of Tenant. In the event of termination of this Development Agreement and the Ground Lease pursuant to this Section 2.12, each Party shall bear its own costs and expenses incurred in connection with this Development Agreement and the Ground Lease and neither Party shall have any further liability to the other. ~tt: 1893m~Z55L (b) If Developer terminates this Development Agreement prior to the Possession Date, then, in that event, Developer shall forfeit the Second Security Deposit held pursuant to Section 3.6 of the Ground Lease as liquidated damages and not as a penalty, the parties agreeing that it is impossible to ascertain actual damages to Owner in that event. ~fL 1893sr~Z55Z EXHIBIT 10.4 OWNERSHIP INTEREST IN TENANT MEMBER Xxxxxxx Development, L.L.C., a Louisiana limited liability company -- Owned by: - Xxxxx X. Xxxxxx (50%) - Xxxxx X. Xxxxxx (50%) Soeur et Frere, Inc., a Louisiana corporation -- Owned by: - Xxxxxxx X. Xxxxxx (50%) - Xxxxxxx X. Xxxxxx (50%) Mako Capital, L.L.C., a Louisiana limited liability Company -- Owned by: - Xxxxxxx X. Xxxxxx (100%) TOTAL PERCENTAGE OWNERSHIP INTEREST OWNED 60% 20% 20% ~ EXHIBIT 14.1(a) m: 1893m~2553 PARKING GARAGE MA1NTENANCE MANUAL A Publication of the National Parking Association/Parking Consultants Council ~ PARKINIi IiARAIiE MAINTENANCE MANUAL August 1996 . NPAlPCC Maintenance Manual Committee Xxxxx X. Xxxxx, Chairman Xxxxx- D. Church Xxxx Xxxxxxx Xxxxxx X. D'Arcy Xxxxxx X. May Xxxx...
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Developer’s Right of Termination. 26 7.2. City’s Right of Termination 26 7.3. Results of Termination 27 7.4. Term of Agreement 27 7.5. Successors and Assigns; Transfers to Tax-Exempt Organizations 27 7.6. Remedies 28 7.7 Extensions of Time for Performance 29 7.8. Notices 29 7.9. Conflict of Interest 30 7.10. Insurance; Damage or Destruction of Redevelopment Project 31 7.11. Inspection 32 7.12. Choice of Law 32 7.13. Entire Agreement; Amendment 32 7.14. Counterparts 32 7.15. Severability 32 7.16. Representatives Not Personally Liable 32 7.17. Actions Contesting the Validity and Enforceability of the Redevelopment Plan 32 7.18. Release and Indemnification 33 7.19. Survival 34 7.20. Maintenance of the Property 34 7.21. Enforcement of Agreement 34 7.22. Recording of Agreement 34 7.23. No Waiver of Sovereign Immunity 34 7.24. No Third Party Beneficiaries 34 ARTICLE VIII
Sample 1

Related to Developer’s Right of Termination

  • Notification of Termination 22.3.2.1 Upon the occurrence at District's sole determination of any of the above conditions, or upon Developer’s failure to perform any material covenant, condition or agreement in this Facilities Lease, District may, without prejudice to any other right or remedy, serve written notice upon Developer and its Surety of District's termination of this Facilities Lease and/or Developer’s right to perform the Work of this Facilities Lease. This notice will contain the reasons for termination.

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • Survival of Termination The provisions of Sections 1.7, 1.8, 1.9, 1.10, 1.19, 1.20, 3.1, 3.2, 6.4, 6.5, 6.6, 6.7, 6.10 and 6.15 shall survive any termination of this Agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

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