Common use of Obligations to be Non-Recourse Clause in Contracts

Obligations to be Non-Recourse. As a material element of this Agreement, and in partial consideration for Developer’s execution of this Agreement, the Parties each understand and agree that the City’s remedies for breach of the obligations of Developer under this Agreement shall be limited as described in Sections 11.2 through 11.4 above.

Appears in 19 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Obligations to be Non-Recourse. As a material element of this Agreement, and in partial consideration for Developer’s Developer‟s execution of this Agreement, the Parties each understand and agree that the City’s City‟s remedies for breach of the obligations of Developer under this Agreement shall be limited as described in Sections 11.2 through 11.4 above.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Obligations to be Non-Recourse. As a material element of this Agreement, and in partial consideration for Developer’s execution of as an inducement to Developer to enter into this Agreement, each of the Parties each understand parties understands and agree agrees that the City’s remedies for breach of the obligations of Developer under this Agreement shall be limited as described in Sections 11.2 through 11.4 Section 11 above.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Obligations to be Non-Recourse. As a material element of this Agreement, and in partial consideration for Developer’s execution of this Agreement, the Parties each understand and agree that the City’s remedies for breach of the obligations of Developer under this Agreement shall be limited as described in Sections 11.2 through 11.4 above.through

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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