Excess Initial Perimeter Public Street Costs Sample Clauses

Excess Initial Perimeter Public Street Costs. If the City incurs any Initial Perimeter Public Street Costs and the payment of the same are for any reason whatsoever not fully paid for by the Grant Funding and the Developer's Contribution initially paid by Developer through the Letter of Credit as set forth above, then Developer shall pay the City such deficiency within ten business (10) days the City's demand therefor and if such deficiency is not so-paid, then (x) Developer shall be deemed in breach of this Agreement, (y) the City may use any available TIF Proceeds to pay for such deficiency, and (z) the City may exercise any right or remedy available to it, including those set forth in this Agreement.
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Related to Excess Initial Perimeter Public Street Costs

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