Common use of Failure to Proceed Clause in Contracts

Failure to Proceed. If Developer fails to proceed in accordance with this Agreement within twenty-four (24) months of the date hereof, Developer, for itself, its successors, and assigns, shall not oppose the City’s reconsideration and rescission of any site or building plan approval or any other approval in connection with this or the Property.

Appears in 4 contracts

Samples: Development Agreement, Development and Tax Increment Financing Agreement, Development and Tax Increment Financing Agreement

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Failure to Proceed. If Developer fails to proceed in accordance with this Development Agreement within twenty-four (24) months of the date hereofEffective Date, Developer, for itself, its successors, and assigns, shall not oppose the City’s reconsideration and rescission of any site or building plan approval or any other approval in connection with this or the Property.

Appears in 1 contract

Samples: Development and Tax Increment Financing Agreement

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Failure to Proceed. If Developer fails to proceed in accordance with this Agreement within twenty-four (24) months of the date hereof, Developer, for itself, its successors, and assigns, shall not oppose the City’s reconsideration and rescission of any site or building plan Site Plan approval or any other approval in connection with this or the Property.

Appears in 1 contract

Samples: Development Agreement

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