Quitclaim Deed (Reverter) Sample Clauses

Quitclaim Deed (Reverter). Upon opening of escrow pursuant to this Section 202, the Developer shall deposit with the Escrow Agent a quitclaim deed fully executed and acknowledged, in substantially the form attached hereto as Attachment No. 8-B, Form of Quitclaim Deed (Reverter), quitclaiming to the Agency all right, title and interest of the Developer under this Agreement as to the Site in the event this Agreement is terminated by the Agency pursuant to Section 512 of this Agreement. Subject to the provisions of subsection (20) below relating to objections, the Escrow Agent shall record the quitclaim deed not sooner than ten (10) days after receipt by the Escrow Agent (with evidence of concurrent delivery to the Developer) of a written notice and certification by the Agency that this Agreement has been terminated by the Agency pursuant to Section 512 of this Agreement.
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Related to Quitclaim Deed (Reverter)

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