Common use of Developer Performance Clause in Contracts

Developer Performance. In the event that the Developer fails to obtain the necessary building permits for Building B by September 30, 2015 (except if same are unreasonably withheld, unreasonably conditioned or unreasonably delayed by the City, or any other governmental unit, in contravention of this agreement) as set forth herein, the City may, at its option and within its sole discretion a(i) terminate this Agreement, and (ii) terminate the related ▇▇▇▇▇▇▇▇▇▇ Reimbursement Agreement and ▇▇▇▇▇▇▇▇▇▇ Redevelopment Plan, either immediately or prospectively; provided that, prior to any such termination, the Developer shall have ninety (90) business days to cure any default after notice of the same.

Developer Performance. In the event that the Developer fails to obtain the necessary building permits for Building B by September 30, 2015 the Project in accordance with the timelines set forth herein (except if same are unreasonably withheld, unreasonably conditioned or unreasonably delayed by the City, or any other governmental unit, in contravention of this agreement) as set forth hereinAgreement), the City may, at its option and within its sole reasonable discretion a(i) terminate this Agreement, Agreement and (ii) terminate the related ▇▇▇▇▇▇▇▇▇▇ Reimbursement Agreement and ▇▇▇▇▇▇▇▇▇▇ Redevelopment PlanBRA Plan #24, either immediately or prospectively; provided that, prior to any such termination, the Developer shall have ninety (90) business days to cure any default after written notice of the same; and provided further that, such terminations are subject to any outstanding statutory liens or other outstanding Bond obligations at that time.

Developer Performance. In the event that the Developer fails to obtain the necessary building permits for Building B by September 30, 2015 A in accordance with the timelines set forth herein (except if same are unreasonably withheld, unreasonably conditioned or unreasonably delayed by the City, or any other governmental unit, in contravention of this agreement) as set forth herein), the City may, at its option and within its sole discretion a(i) terminate this Agreement, Agreement and (ii) terminate the related ▇▇▇▇▇▇▇▇▇▇ Reimbursement Agreement and ▇▇▇▇▇▇▇▇▇▇ Redevelopment Plan, either immediately or prospectively; provided that, prior to any such termination, the Developer shall have ninety (90) business days to cure any default after notice of the same.