Common use of TERMINATION FOR CAUSE/DEFAULT Clause in Contracts

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”), which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer fails to: cure such Default within any applicable notice and cure period.

Appears in 5 contracts

Sources: Development Agreement, Funding Agreement, Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”)Notice, which must shall be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, cause in whole or in part, part for cause if Developer fails to: (1) comply with any material term or and condition of this Agreement, which shall be deemed a default; and, (2) cure such Default within any applicable notice and cure perioddefault.

Appears in 3 contracts

Sources: Development Agreement, Development Agreement, Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”)Notice, which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer fails to: (1) comply with any material term or condition of this Agreement, which shall be deemed a default; and, (2) cure such Default within any applicable notice and cure perioddefault.

Appears in 2 contracts

Sources: Funding Agreement, Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”)Notice, which must shall be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, cause in whole or in part, part for cause if Developer fails to: cure such Default within (1) comply with any applicable notice material term or and cure period.condition of this Agreement, which shall be deemed a default; and,

Appears in 1 contract

Sources: Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”), which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer Developer: (1) fails to: to comply with any material term or condition of this Agreement and (2) subsequently fails to cure such Default failure to comply within any the applicable notice and cure period, and such failure shall be deemed a Default.

Appears in 1 contract

Sources: Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”)Notice, which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer fails to: (1) comply with any material term or condition of this Agreement, which shall be deemed a default; and, (2) cure such Default within default after any applicable notice and or cure periodperiod specified below.

Appears in 1 contract

Sources: Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written notice (a “Notice of Default”) providing adequate identification of Developer’s failure to comply with any material term or condition of this Agreement (a “Default”), which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer fails to: to cure such Default within any applicable notice and cure period.

Appears in 1 contract

Sources: Development Agreement