Failure of Developer to Buy Bonds Sample Clauses

Failure of Developer to Buy Bonds. In addition, if the Developer fails or refuses to buy the Bonds as contemplated by this agreement, the Town will have the right to terminate this agreement. In the event the Town terminates this Agreement due to the failure or refusal of the Developer to buy the bonds, the Town will be entitled to recover from the Developer the Town’s reasonable expenses for attorney’s fees, bond attorney’s fees, financial advisor fees, and other expenses incurred in its performance of this Agreement and preparation of the bonds for issuance (“Town’s Issuance Costs”).
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Failure of Developer to Buy Bonds. In addition, if Xxxxxxxxx fails or refuses to buy the Sentry Bonds as contemplated by this Agreement, the Commission will have the right to terminate this Agreement. In the event the Commission terminates this Agreement due to the failure or refusal of Developer to buy the bonds, the Commission will be entitled to recover from the Developer the Town’s reasonable expenses for attorney’s fees, bond attorney’s fees, financial advisor fees, and other expenses incurred in its performance of this Agreement and preparation of the bonds for issuance.

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