Common use of Termination for Failure to Cure Default Clause in Contracts

Termination for Failure to Cure Default. If after the cure period provided for in Section 5.3.2 has lapsed and the Planning Director reasonably finds and determines that Developer remains in default, the Planning Director shall make a report to the City Council concerning such default and the City Council may thereafter proceed to modify or terminate this Agreement in accordance with the Procedures set forth in Sections 7.2 and 7.3 of the Procedures Resolution.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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