Common use of District Execution of Agreement Clause in Contracts

District Execution of Agreement. (a) The Owners shall cause the District to approve, execute, and deliver to the City this Agreement within 30 days after the date that the District’s Board of Directors holds its organizational meeting. If the District fails to do so within such 30-day period, then (after notice and opportunity to cure) the City may terminate this Agreement and may repeal the Consent Resolution.

Appears in 3 contracts

Samples: Agreement Concerning Creation, Agreement Concerning Creation, Agreement Concerning Creation

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District Execution of Agreement. (a) The Owners LANDOWNER shall cause the District DISTRICT to approve, execute, and deliver to the City CITY this Agreement within 30 thirty (30) days after the date that the DistrictDISTIRCT’s Board of Directors holds its organizational meeting. If the District DISTIRCT fails to do so within such 30-day period, then (after notice and opportunity to cure) the City CITY may terminate this Agreement AGREEMENT and may repeal the Consent ResolutionCONSENT ORDINANCE.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

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