Common use of Mutual Obligations of the Parties Clause in Contracts

Mutual Obligations of the Parties. City has agreed to provide Land Owner with the long term assurances, vested rights, and other City obligations described in this Agreement, including in particular those obligations described in this Article III, in consideration for the Land Owner obligations contained in this Agreement, including in particular those Land Owner obligations described in this Article III. Land Owner has agreed to provide City with the Land Owner obligations contained in this Agreement, including in particular those Land Owner obligations described in this Article III, in consideration for the City obligations described in this Agreement, including in particular those obligations described in this Article III. To ensure that the understanding of the Parties and mutual consideration remain effective, should either Party bring any administrative, legal, or equitable action or other proceeding to set aside or otherwise make ineffective any of the City or Land Owner obligations described in this Agreement, this Agreement may be terminated by the Party against whom the proceeding is brought at that Party's sole discretion.

Mutual Obligations of the Parties. City has agreed to provide Land Owner with the long term assurances, vested rights, and other City obligations described in this Agreement, including in particular those obligations described in this Article III, in consideration for the Land Owner obligations contained in this Agreement, including in particular those Land Owner obligations described in this Article III. Land Owner has agreed to provide City with the Land Owner obligations contained in this Agreement, including in particular those Land Owner obligations described in this Article III, in consideration for the City obligations described in this Agreement, including in particular those obligations described in this Article III. To ensure that the understanding of the Parties and mutual consideration remain effective, should either Party bring any administrative, legal, or equitable action or other proceeding to set aside or otherwise make ineffective any of the City or Land Owner obligations described in this Agreement, this Agreement may be terminated by the Party against whom the proceeding is brought at that Party's ’s sole discretion.