Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of the Term, unless it is terminated earlier pursuant to the terms of this Agreement. Upon termination of this Agreement, City shall record a notice of such termination in substantial conformance with the “Notice of Termination” attached hereto as Exhibit E, and this Agreement shall be of no further force or effect except as otherwise set forth in this Agreement.
Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of the Term or when the Project Site has been fully developed and all of Developer’s obligations in connection therewith are satisfied as determined by County. This Agreement shall automatically terminate and be of no further force or effect as to any single-family residence, any other residential dwelling unit(s) or any non-residential building, and the lot or parcel upon which such residence or building is located, when it has been approved by County for occupancy. Further, this Agreement shall automatically terminate upon entry of a final judgment setting aside, voiding or annulling the adoption of the ordinance approving this Agreement or upon the adoption of a referendum measure overriding or repealing the ordinance approving this Agreement. Upon termination of this Agreement, in whole or in part, County shall record a notice of termination in a form, which may be reasonably required by a title company.
Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of its Term as defined in Section 1.5 or when the Property has been fully developed and all of the Owner’s and County’s obligations in connection therewith are satisfied, whichever occurs first. Upon termination of this Agreement, the County shall record a notice of such termination in a form satisfactory to the County Attorney.
Termination Upon Completion of Development. This MDA shall terminate on the earlier of (a) that certain date that the Planned Community has been fully developed and the obligations of the Master Developer and the County in connection therewith are satisfied, or (b) the expiration of the term as set forth in Subsection 6.5. Upon such occurrence, Master Developer may request that the County and MSD record a notice that this MDA has been fully performed and therefore terminated as to the Planned Community.
Termination Upon Completion of Development. This Agreement may, at the request of LANDOWNER, terminate as to each parcel of land contained within the Property when that parcel of land (i) has been fully developed, (ii) all occupancy permits for the buildings constructed thereon have been issued by CITY or OSHPD, (iii) CITY has accepted the PUBLIC Facilities constructed by LANDOWNER thereon or required to serve that parcel, (iv) CITY, City Agency and/or Public Agency has accepted the dedications thereon, and (v) all of LANDOWNER'S obligations in connection therewith as set out in this Agreement are satisfied, as reasonably determined by CITY. CITY shall, upon written request made by LANDOWNER to CITY's Community Development Department, determine if the Agreement has terminated with respect to any parcel of land contained within the Property, and shall not unreasonably withhold termination as to that parcel if LANDOWNER's obligations therewith are satisfied. CITY shall be entitled to receive payment of a fee commensurate with the cost of processing the request and making such a determination, including, without limitation, CITY's administrative and legal expenses. The fee shall be determined in accordance with CITY’s established fees and charges then in effect.
Termination Upon Completion of Development. This Agreement shall terminate contemporaneously with the Approvals in accordance with the provisions of Section 1.7 of this Agreement, and the Property Owners’ vested rights to continue development of the Property pursuant to the Approvals shall thereupon cease.
Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of the term or when the Property has been fully developed and all of Landowners’ obligations in connection therewith are satisfied as determined by the City, whichever occurs first. Upon termination of this Agreement, the City shall record a notice of such termination in a form satisfactory to the City Attorney that the Agreement has been terminated. This Agreement shall automatically terminate and be of no further force or effect as to any single-family residence, and the lot or parcel upon which such residence is located, when it has been approved the City for occupancy.
Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of its Term as defined in Section 1.5 or when the Project has been fully developed and all of the Owner’s and City’s obligations in connection therewith are satisfied, whichever occurs first. Upon termination of this Agreement, the City shall record a notice of such termination in a form satisfactory to the City Attorney.
Termination Upon Completion of Development. City shall, upon written request of Master Xxxxxxxxx, execute appropriate and recordable evidence of termination of this Agreement if City has determined reasonably that Master Developer has fully performed Master Developer’s obligations under this Agreement in connection with all or a portion of the Property.
Termination Upon Completion of Development. The Town shall, upon written request of Developer, execute appropriate and recordable evidence of termination of this Agreement if the Town has determined reasonably that Developer has fully performed Developer’s obligations under this Agreement in connection with all or a portion of the Property. Upon Town approval and acceptance of improvements for any detailed phase of the Property, or portion thereof, by the Town, and the recordation of the final plat and completion and acceptance of improvements in connection therewith, the Town shall, as soon as practicable, execute and record an appropriate instrument of release of the Agreement in connection with such phase of development of the Property. It is the intentions of the Parties that as a Phase of the Property is final platted, that the portion of the Property associated with the final plat shall be removed from the legal description for the Property in Exhibit A. Notwithstanding the foregoing, the Termination Upon Completion of Development and/or Termination Upon Sale to Public shall not have any effect on the obligations of the Town or Developer with respect to the Water System Conveyance and Reimbursement Agreement, Wastewater System Conveyance and Reimbursement Agreement, any other Reimbursement Agreement or obligations of the Town to reimburse any fee or costs to Developer in accordance with this Agreement.
