Common use of Notice of Developer’s Default Hereunder Clause in Contracts

Notice of Developer’s Default Hereunder. If City receives notice from a Lender requesting a copy of any notice of default given Developer hereunder and specifying the address for notice thereof, then City shall deliver to such Lender, concurrently with service thereon to Developer, any notice given to Developer with respect to any claim by City that Developer has committed a default, and if City makes a determination of non-compliance, City shall likewise serve notice of such non-compliance on such Lender concurrently with service thereof on Developer.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Notice of Developer’s Default Hereunder. If City receives notice from a Lender Xxxxxx requesting a copy of any notice of default given Developer hereunder and specifying the address for notice thereof, then City shall deliver to such Lender, concurrently with service thereon to Developer, any notice given to Developer with respect to any claim by City that Developer has committed a default, and if City makes a determination of non-compliance, City shall likewise serve notice of such non-compliance on such Lender concurrently with service thereof on Developer.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Notice of Developer’s Default Hereunder. If City receives notice from a Lender Xxxxxx requesting a copy of any notice of default given Developer hereunder and specifying the address for notice thereof, then City shall deliver to such Lender, concurrently with service thereon to Developer, any notice given to Developer with respect to any claim by City that Developer Xxxxxxxxx has committed a default, and if City makes a determination of non-compliance, City shall likewise serve notice of such non-compliance on such Lender concurrently with service thereof on Developer.

Appears in 1 contract

Samples: Development Agreement

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