Self-Help. If there is an Event of Default by a party and after written notice to the parties to this Agreement, any or all of the other non-defaulting parties hereunder may, but shall have no obligation to, perform such actions as may be necessary to correct or remedy the default, and any monies expended shall be reimbursed by the defaulting party upon written notice from the party(ies) which cause such correction or remedy. Nothing in this Section is intended to imply that a party must take any action unless specifically required to do so by this Agreement.
Appears in 6 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
Self-Help. If there is an Event of Default by a party and after written notice to the parties to this Agreementparty, any or all of the other non-non- defaulting parties hereunder may, but shall have no obligation to, perform such actions as may be necessary to correct or remedy the default, and any monies expended shall be reimbursed by the defaulting party upon written notice from the party(ies) which cause such correction or remedy. Nothing in this Section is intended to imply that a party must take any action unless specifically required to do so by this Agreement.
Appears in 5 contracts
Samples: Development Agreement, Mutual Non Exclusive Access and Parking Easement Agreement, Development Agreement
