Examples of Redeveloper Event of Default in a sentence
Any transfer of the Redeveloper's interest in violation of this Redevelopment Agreement shall be a Redeveloper Event of Default and shall be null and void ab initio.
Failure to record the Assessment Agreement by June 30, 2012 shall be a Redeveloper Event of Default under this Agreement.
For purposes of this Redevelopment Agreement, the term Redeveloper Event of Default shall mean the occurrence of any of the events set forth in Section 11.2, and City Event of Default shall mean the occurrence of any of the events set forth in Section 11.3, either of which may result in the other Party exercising any or all of its remedies under law, equity and/or this Redevelopment Agreement.
In the event of a Redeveloper Event of Default which is not cured as provided herein and provided that Borough is not otherwise in default hereunder, the Borough may terminate this Agreement and/or shall be entitled to pursue any and all legal or equitable remedies it may have against Redeveloper, including, but not limited to, the right to specific performance.
The Town shall not seek to enforce any of its remedies under this Agreement during the period in which any such Mortgagee is proceeding diligently and in good faith to cure a Redeveloper Event of Default.
Appendix 4 – Written Return The Written Return is separated into a number of Sections and questions to provide Bidders with clarity on the overall requirements of Ageing Better in relation to the quality measures used to evaluate all bids.
Upon the occurrence of a Redeveloper Event of Default, Borough shall notify Redeveloper in writing of same, pursuant to the notice provisions of this Agreement set forth in Section 9.10 and shall provide the Mortgagee or Mortgage Holder whose identity has previously been made known to the Borough with a copy of such notice at the last known address of such Mortgagee or Mortgage Holder shown in the records of the Borough.
Article 25 Inspection and testing 25.2 Inspection and testing is not required.
Absent such notice of default from the Borough, no declaration of a Redeveloper Event of Default shall be deemed binding against Redeveloper.
The Township shall not seek to enforce any of its remedies under this Agreement during the period in which any such Mortgagee is proceeding diligently and in good faith to cure a Redeveloper Event of Default.