Common use of Denial Clause in Contracts

Denial. The Town may only withhold its consent if the Town is not reasonably satisfied of the assignee’s financial ability to perform the obligations of Master Developer, as the case may be, proposed to be assigned or there is an existing breach of a development obligation owed to the Town by the proposed assignee or related entity that has not either been cured or in the process of being cured in a manner acceptable to the Town. The Town may also withhold consent if the proposed assignee or related entity has a documented history of noncompliance with applicable laws or has engaged in conduct detrimental to the Town's interests.

Denial. The Town may only withhold its consent if the Town is not reasonably satisfied of the assignee’s financial ability to perform the obligations of Master Developer, as the case may be, Developer proposed to be assigned or there is an existing breach of a development obligation owed to the Town by Master Developer, the proposed assignee or a related entity that has not either been cured or in the process of being cured in a manner acceptable to the Town. The Town may also withhold consent if the proposed assignee or related entity has a documented history of noncompliance with applicable laws or has engaged in conduct detrimental to the Town's interests.

Denial. The Town may only withhold its consent if the Town is not reasonably satisfied of the assignee’s financial ability to perform the obligations of Master Developer, as the case may be, Developer proposed to be assigned or there is an existing breach of a development obligation owed to the Town by the proposed assignee or a related entity that has not either been cured or in the process of being cured in a manner acceptable to the Town. The Town may also withhold consent if the proposed assignee or related entity has a documented history of noncompliance with applicable laws or has engaged in conduct detrimental to the Town's interests.

Denial. The Town may only withhold its consent if the Town is not reasonably satisfied of the assignee’s financial ability to perform the obligations of Master Developer, as the case may be, proposed Developerproposed to be assigned or there is an existing breach of a development obligation owed to the Town by by, Master Developer, the proposed assignee or related entity that has not either been cured or in the process of being cured in a manner acceptable to the Town. The Town may also withhold consent if the proposed assignee or related entity has a documented history of noncompliance with applicable laws or has engaged in conduct detrimental to the Town's interests.

Denial. The Town may only withhold its consent if the Town is not reasonably satisfied of the assignee’s financial ability to perform the obligations of Master Developer, as the case may be, proposed to be assigned or there is an existing breach of a development obligation owed to the Town by the proposed assignee or related entity that has not either been cured or in the process of being cured in a manner acceptable to the Town. . The Town may also withhold consent if the proposed assignee or related entity has a documented history of noncompliance with applicable laws or has engaged in conduct detrimental to the Town's interests.

Denial. The Town may only withhold its consent if the Town is not reasonably satisfied of the assignee’s financial ability to perform the obligations of Master Developer, as the case may be, Developer proposed to be assigned or there is an existing breach of a development obligation owed to the Town by by, Master Developer, the proposed assignee or related entity that has not either been cured or in the process of being cured in a manner acceptable to the Town. The Town may also withhold consent if the proposed assignee or related entity has a documented history of noncompliance with applicable laws or has engaged in conduct detrimental to the Town's interests.