RIGHTS AND OBLIGATIONS DURING THE CURE PERIOD. Section 3.01 No Termination during the Cure Period (a) terminate or give notice terminating the Comprehensive Agreement for Developer Default or exercise any rights under Section 19.02 (other than Sections 19.02(d) and 19.02(e)) of the Comprehensive Agreement; (b) suspend its performance (including in connection with any insolvency or bankruptcy proceeding in relation to the Developer) under the Comprehensive Agreement; or (c) take, join in or support, whether directly or indirectly, any action for the liquidation, bankruptcy, administration, receivership, reorganization, dissolution or winding up of the Developer or for the composition or readjustment of the Developer’s debts, or any similar insolvency procedure in relation to the Developer, or for the appointment of a receiver, trustee, custodian, sequestrator, conservator, liquidator, administrator or similar official for the Developer or for any part of the Developer’s Property.
Appears in 4 contracts
Samples: Direct Agreement, Direct Agreement, Direct Agreement
