Common use of Developer Default Clause in Contracts

Developer Default. Upon the happening of any Event of Default by Developer, Owner shall have the absolute unconditional right, in addition to all other rights and remedies available to Owner at law or in equity, to terminate this Agreement by giving written notice of such termination to Developer. Any one or more of the following events shall constitute an “Event of Default” by Developer under this Agreement:

Appears in 5 contracts

Samples: Development Agreement (Bluerock Residential Growth REIT, Inc.), Development Agreement (Bluerock Residential Growth REIT, Inc.), Development Agreement (Bluerock Residential Growth REIT, Inc.)

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Developer Default. Upon the happening of any Event of Default by Developer, Owner shall have the absolute unconditional right, in addition to all other rights and remedies available to Owner at law or in equity, to terminate this Agreement by giving written notice of such termination to Developer. Any one or more of the following events shall constitute an "Event of Default" by Developer under this Agreement:

Appears in 1 contract

Samples: Development Agreement (Bluerock Residential Growth REIT, Inc.)

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