Common use of Effect of Event of Termination Clause in Contracts

Effect of Event of Termination. Upon the termination of this Agreement as the result of the default or breach by the Developer (beyond any applicable cure period), the Developer shall have no further rights to the City-provided development incentives pursuant to this Agreement accruing from and after the termination of this Agreement.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development and Disposition Agreement

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Effect of Event of Termination. Upon the termination of this Agreement as the result of the default or breach by of the Developer (beyond any applicable cure period)Developer, the Developer shall have no further rights to the City-provided development incentives pursuant to this Agreement accruing from and after the termination of this Agreement.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Effect of Event of Termination. Upon the termination of this Agreement as the result of the default or breach by the Developer (beyond any applicable cure period)Developer, the Developer shall have no further rights to the City-provided development incentives pursuant to this Agreement accruing from and after the termination of this Agreement.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

Effect of Event of Termination. Upon the termination of this Agreement as the result of the default by or breach by of the Developer (beyond any applicable cure period)Developer, the Developer shall have no further rights to the City-provided development incentives pursuant to this Agreement accruing from and after the termination of this Agreement.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Effect of Event of Termination. Upon the termination of this Agreement as the result of the default or breach by the Developer (beyond any applicable cure period), the Developer shall have no further rights to the City-provided development incentives pursuant to this Agreement as to such Phase accruing from and after the termination of this Agreement; provided, however, that in no event shall any such termination affect any Government Property Lease entered into by and between the City and the lessee thereunder with respect to any Improvements constructed within the Project prior to the effective date of such termination.

Appears in 1 contract

Samples: Development Agreement

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