Failure to Complete. If Artist becomes ill, dies, or is otherwise unable or unwilling to complete the Project in accordance with the Agreement, any work already done on the Project will be the City’s property. The City will be entitled to withhold any sums not yet paid to Artist, and may use any such sums toward completion of the Project in any manner the City deems appropriate.
Failure to Complete. Employees who fail to achieve “trained” status within one year 40 (or two years for employees with extenuating circumstances) will lose their employment 41 with the District.
Failure to Complete. If the Recipient fails, for any reason whatsoever, to complete all of the following by September 30, 2023, June 30, 2023, this Agreement shall terminate immediately and without further action, and all of the Parties’ rights and obligations shall become null and void, including, without limitation, the City’s obligation to pay the Award to the Recipient:
(1) complete the Improvements in accordance with this Agreement; (2) apply for and receive from the City a full and binding certificate of occupancy for the Improvements; and (3) obtain all City, state, and federal certificates, licenses, permissions, and approvals necessary to occupy Property for the purposes identified in the Application Documents.
Failure to Complete. Except for delays unavoidably occasioned by strikes, lock- outs, war or civil disturbance, natural disaster, acts of God, or extreme weather conditions, if Borrower fails to complete the construction of a Unit on or before the Completion Date.
Failure to Complete. An employee shall lose their employment with the District if the 39 employee fails to achieve “trained” status within one year (or two years for employees with 40 extenuating circumstances) and no positions exist within the District that meet the physical 41 and aptitude requirements of the employee.
Failure to Complete. If completion of a sale or rental is prevented by default of Owner, or with the consent of Owner, the entire sale 72. or rental commission, as appropriate, shall be paid to Broker by Owner. If any xxxxxxx deposit is forfeited for any other reason, Owner
Failure to Complete. In the event the Developer fails to complete the construction of the public portion of the Infrastructure Improvements as set forth in Section II of this agreement within twenty-four (24) months following issuance of the building permits for the Building, except for any Enforced Delays, the City may, at its option and within its discretion, (i) draw upon the Performance Bond provided in Section II of this Agreement to complete the public portion of the Infrastructure Improvements, and/or (ii) collect, retain, and disburse all tax increment financing revenues necessary to complete the cost of the public portion of the Infrastructure Improvements, and seek any other legal or equitable remedy available to the City including termination. Provided, however, if default by the Developer occurs the City may, in its discretion, cooperate with Developer to complete the Project; provided, however, such cooperation shall not be interpreted to require the City to contribute any additional financial assistance to the Project. Developer shall have twenty (20) business days to cure any default after notice of the same. If the delay is caused by causes beyond the reasonable control of the Developer, and the Developer has started actions to cure such delay, the time to cure shall be extended to the time reasonably needed to complete the Infrastructure Improvements.
Failure to Complete. In the event the Developer fails to substantially complete the construction of the public portion of the Infrastructure Improvements as set forth in Paragraph 2 within twelve (12) months following issuance of the building permit for the same, except for any Enforced Delays, the City may, at its option and within its discretion, (i) draw upon the financial assurances provided in Section 2) of this Agreement to complete the public portion of the Infrastructure Improvements, and/or
Failure to Complete. (a) If the Vendor fails to attend the Closing or is present but fails for any reason whatsoever to complete the sale of the Transfer Interest when the Purchaser is ready, willing and able to do so, the Purchaser may deposit the Purchase Price for the Transfer Interest into a special account at any branch in Vancouver, British Columbia of any Canadian chartered bank in trust for the Vendor and such deposit shall constitute valid and effective payment to the Vendor at the Closing even though the Vendor may have voluntarily encumbered or disposed of any of the Transfer Interest and notwithstanding the fact that a certificate or certificates representing any of the Transfer Interest may have been delivered to any pledgee, transferee or other person.
(b) If the Purchaser deposits the Purchase Price for the Transfer Interest into a special account pursuant to paragraph 8.6(a), then from and after the date of such deposit (even if any certificate representing any of the Transfer Interest has not been delivered to the Purchaser or the Corporation) the sale and purchase of the Transfer Interest shall be deemed to have been completed and all right, title, benefit and interest, both at law and in equity, in and to the Transfer Interest shall be conclusively deemed to have been transferred and assigned to and become vested in the Purchaser and all right, title, benefit and interest, both at law and in equity, of the Vendor, and of any other assignee, transferee or other person having any interest, legal or equitable, in or to the Transfer Interest, whether as a shareholder or creditor of the Corporation or the Vendor, or otherwise, shall cease and determine, but the Vendor shall be entitled to receive the Purchase Price for the Transfer Interest, without interest, upon completion of all acts and deeds as were required of the Vendor to complete the sale of the Transfer Interest.
(c) For the purposes of this Subsection 8.6, each Shareholder hereby irrevocably constitutes and appoints each other Shareholder as its true and lawful attorney in fact and agent for, in the name of and on behalf of such first Shareholder to execute and deliver, and to receive delivery of, all such assignments, transfers, deeds, assurances and instruments as may be necessary to effectively complete the sale of any Interest pursuant to Sections 5, 6 or 7 on the records of the Corporation, and such appointment and power of attorney shall not be revoked by the bankruptcy, insolvency, winding-up, l...
Failure to Complete. If as of the close of business on a Unit Completion Date the related Unit Improvements have not for whatever reason (including an event of force majeure deferring completion beyond the Force Majeure Delay) been completed as herein provided, or if the Certificate of Substantial Completion and AFL Unit Leasing Record have not been executed and delivered by the respective Unit Completion Date, or if Owner shall reasonably determine during the course of construction that the Unit Improvements cannot for whatever reason (including an event of force majeure deferring completion beyond the Force Majeure Delay) be completed by the Unit Completion Date.
