Common use of Failure to Restore Clause in Contracts

Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest).

Appears in 4 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

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Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall pay to the City the necessary amount of for the City to retire the TIF Indebtedness Bond in full (full, including interest).

Appears in 4 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

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Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Redeveloper Improvements as provided in A and/or B above, Redeveloper shall pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest).

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

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