Termination for Event of Default. The FCRHA may terminate this Agreement by sending written notice to the Developer. If the FCRHA so terminates this Agreement, then the FCRHA will have no obligation to provide Developer with any further Loan proceeds (including any Basic Retainage and Completion Retainage) after the date of termination.
Appears in 4 contracts
Sources: Development and Loan Agreement, Development and Loan Agreement, Development and Loan Agreement