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
Samples: Broadway East by Encore Development Agreement, Funding Agreement, East Meadow Alley Project 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
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
Samples: Nicha’s Comida Mexicana Project Development Agreement
