Common use of Developer’s Right of Termination Clause in Contracts

Developer’s Right of Termination. At any time prior to the delivery of the Certificates of Substantial Completion for any Phase, the Developer may, by giving written notice to the City, abandon the Work and terminate this Agreement and the Developer’s obligations hereunder (except as may expressly survive termination) if the Developer determines, in its sole discretion, that such Phase is no longer economically feasible.

Developer’s Right of Termination. At any time prior to the delivery of the Certificates Certificate of Substantial Completion for any PhaseCompletion, the Developer may, by giving written notice to the City, abandon the Work and terminate this Agreement and the Developer’s obligations hereunder (except as may expressly survive termination) if the Developer determines, in its sole discretion, that such Phase is no longer economically feasibleAgreement.

Developer’s Right of Termination. At any time prior to the delivery of the Certificates Certificate of Substantial Completion for any PhaseCompletion, the Developer may, by giving written notice to the City, abandon the Work and terminate this Agreement and the Developer’s obligations hereunder (except as may expressly survive termination) if the Developer determines, in its sole discretion, that such Phase the Redevelopment Project is no longer economically feasible.

Developer’s Right of Termination. (a) At any time prior to the delivery of the Certificates Certificate of Substantial Completion for any with respect to the North Phase, the Developer may, by giving written notice to the City, abandon the Work and terminate this Agreement and Agreement. (b) At any time prior to the Developer’s obligations hereunder (except as may expressly survive termination) if delivery of the Certificate of Substantial Completion with respect to the South Phase, the Developer determinesmay, in its sole discretionby giving written notice to the City, that such abandon the Work with respect to the South Phase is no longer economically feasibleand terminate this Agreement.