Common use of Developer and Developer Clause in Contracts

Developer and Developer. s Principals expressly agree to be bound by any promise or covenant imposing the maximum duty permitted by law which is subsumed within the terms of any provision hereof, as though it were separately articulated in and made a part of this Agreement, that may result from striking from any of the provisions hereof any portion or portions which a court may hold to be unreasonable and unenforceable in a final decision to which Franchisor is a party, or from reducing the scope of any promise or covenant to the extent required to comply with such a court order or to the extent which Franchisor in its sole discretion may otherwise determine.

Appears in 2 contracts

Sources: Development Agreement (Main Street & Main Inc), Development Agreement (Main Street & Main Inc)