Common use of Reimbursement of Grants Clause in Contracts

Reimbursement of Grants. Subject to Paragraph 28 below, Redeveloper agrees to repay the City the grant or grants of funds provided for in Paragraph 12 above in the event Redeveloper fails to substantially complete the Redeveloper’s Private Improvements as provided in Paragraph 10 and, upon such repayment of the of the grant funds, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 28 below, in the event the Redeveloper fails to maintain the Redeveloper’s Private Improvements as provided in Paragraph 7 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the grant funds provided for in Paragraph 12 above for the year the Redeveloper fails to maintain the Private Improvements.

Reimbursement of Grants. Subject to Paragraph 28 27 below, Redeveloper agrees to repay the City the grant or grants of funds provided for in Paragraph 12 above in the event Redeveloper fails to substantially complete the Redeveloper’s Private Improvements as provided in Paragraph 10 and, upon such repayment of the of the grant funds, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 28 27 below, in the event the Redeveloper fails to maintain the Redeveloper’s Private Improvements as provided in Paragraph 7 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the grant funds provided for in Paragraph 12 above for the year the Redeveloper fails to maintain the Private Improvements.

Reimbursement of Grants. Subject to Paragraph 28 Section 801 below, Redeveloper agrees to repay the City the grant or grants of funds provided for in Paragraph 12 Section 501 above in the event Redeveloper fails to substantially complete the Redeveloper’s Private Improvements as provided in Paragraph 10 Section 301.A.3 and, upon such repayment of the of the grant funds, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 28 Section 801 below, in the event the Redeveloper fails to maintain the Redeveloper’s Private Improvements as provided in Paragraph 7 Section 307 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the grant funds provided for in Paragraph 12 Section 401 above for the year the Redeveloper fails to maintain the Private Improvements.

Reimbursement of Grants. Subject to Paragraph 28 Section 701 below, Redeveloper agrees to repay the City the grant or grants of funds provided for in Paragraph 12 Section 401 above in the event Redeveloper fails to substantially complete the Redeveloper’s Private Improvements as provided in Paragraph 10 Section 205 and, upon such repayment of the of the grant funds, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 28 Section 701 below, in the event the Redeveloper fails to maintain the Redeveloper’s Private Improvements as provided in Paragraph 7 Section 206 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the grant funds provided for in Paragraph 12 Section 301 above for the year the Redeveloper fails to maintain the Private Improvements.

Reimbursement of Grants. Subject to Paragraph 28 24 below, Redeveloper agrees to repay the City the entire amount of the grant or grants of funds provided for in Paragraph 12 10 above in the event Redeveloper fails to substantially complete the Redeveloper’s Private Redeveloper Improvements and Public Improvements as provided in Paragraph 10 9 and, upon such repayment of the of the grant fundsrepayment, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 28 24 below, in the event the Redeveloper fails to maintain the Redeveloper’s Private Redeveloper Improvements as provided in Paragraph 7 6 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the Redeveloper’s Percentage of the grant funds provided for in Paragraph 12 10 above for the year the Redeveloper fails to maintain the Private Redeveloper Improvements.