Examples of Developer Default in a sentence
With respect to any other Developer Default occurring prior to the Closing, the Town shall have the right to not transfer title to of HES to Developer and to terminate this Agreement.
By the Town, upon the occurrence of a Developer Default that remains uncured beyond the periods specified in Section 10 herein or upon the Town's failure to appropriate funds as contemplated herein.
If any warranty or representation of Developer contained in this Agreement is untrue in any material and adverse respect at the time made, the Town shall have the right to pursue an action for actual damages (but not consequential damages) incurred by the Town as a result of such Developer Default or shall have the right to pursue equitable remedies, including but not limited to specific performance, or termination of this Agreement.
If a Developer Default occurs, the Town may, in its sole discretion and without waiving any other rights under this Agreement or available to the Town, cause construction of all or part of the Project to be completed and recover appropriate damages from Developer.