Developer’s Right of Termination Sample Clauses

Developer’s Right of Termination. At any time the Developer may, by giving written notice to the City and the District, terminate this Agreement. Upon termination of this Agreement, the Parties shall have no further rights or obligations hereunder except as may expressly survive termination.
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Developer’s Right of Termination. (a) At any time prior to the delivery of the Certificate of Substantial Completion with respect to the North Phase, the Developer may, by giving written notice to the City, abandon the Work and terminate this Agreement.
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Developer’s Right of Termination. The Developer may, by giving written notice to the City, abandon the Redevelopment Project for any reason and terminate this Agreement and the Developer’s obligations hereunder at any time.
Sample 1
Developer’s Right of Termination. (a) Notwithstanding anything to the contrary contained herein, Developer shall have the right to be released from its liability and obligations [except for (i) the obligation to pay Rental and/or Impositions prior to the Possession Date pursuant to Section 3.2(a) of the Ground Lease, and (ii) Owner's right to the Second Security Deposit] and to terminate this Development Agreement and the Ground Lease prior to the Possession Date because (1) changes to the Preliminary Plans and Specifications required by the ORB, Joint Board, or any other Governmental Authority (including the City), render the Project economically unfeasible in the reasonable business judgment of Developer, (2) the Project cannot meet concurrency requirements under Section 163.3180, Florida Statutes (1997), or (3) Developer, after good faith efforts, has been unable to obtain a full building permit for the Project pursuant to the Plans and Specifications submitted by Developer or (4) the Project becomes economically unfeasible in the reasonable business judgment of Tenant. In the event of termination of this Development Agreement and the Ground Lease pursuant to this Section 2.12, each Party shall bear its own costs and expenses incurred in connection with this Development Agreement and the Ground Lease and neither Party shall have any further liability to the other. ~tt: 1893m~Z55L (b) If Developer terminates this Development Agreement prior to the Possession Date, then, in that event, Developer shall forfeit the Second Security Deposit held pursuant to Section 3.6 of the Ground Lease as liquidated damages and not as a penalty, the parties agreeing that it is impossible to ascertain actual damages to Owner in that event. ~fL 1893sr~Z55Z EXHIBIT 10.4 OWNERSHIP INTEREST IN TENANT MEMBER Xxxxxxx Development, L.L.C., a Louisiana limited liability company -- Owned by: - Xxxxx X. Xxxxxx (50%) - Xxxxx X. Xxxxxx (50%) Soeur et Frere, Inc., a Louisiana corporation -- Owned by: - Xxxxxxx X. Xxxxxx (50%) - Xxxxxxx X. Xxxxxx (50%) Mako Capital, L.L.C., a Louisiana limited liability Company -- Owned by: - Xxxxxxx X. Xxxxxx (100%) TOTAL PERCENTAGE OWNERSHIP INTEREST OWNED 60% 20% 20% ~ EXHIBIT 14.1(a) m: 1893m~2553 PARKING GARAGE MA1NTENANCE MANUAL A Publication of the National Parking Association/Parking Consultants Council ~ PARKINIi IiARAIiE MAINTENANCE MANUAL August 1996 . NPAlPCC Maintenance Manual Committee Xxxxx X. Xxxxx, Chairman Xxxxx- D. Church Xxxx Xxxxxxx Xxxxxx X. D'Arcy Xxxxxx X. May Xxxx...
Sample 1
Developer’s Right of Termination. 26 7.2. City’s Right of Termination 26 7.3. Results of Termination 27 7.4. Term of Agreement 27 7.5. Successors and Assigns; Transfers to Tax-Exempt Organizations 27 7.6. Remedies 28 7.7 Extensions of Time for Performance 29 7.8. Notices 29 7.9. Conflict of Interest 30 7.10. Insurance; Damage or Destruction of Redevelopment Project 31 7.11. Inspection 32 7.12. Choice of Law 32 7.13. Entire Agreement; Amendment 32 7.14. Counterparts 32 7.15. Severability 32 7.16. Representatives Not Personally Liable 32 7.17. Actions Contesting the Validity and Enforceability of the Redevelopment Plan 32 7.18. Release and Indemnification 33 7.19. Survival 34 7.20. Maintenance of the Property 34 7.21. Enforcement of Agreement 34 7.22. Recording of Agreement 34 7.23. No Waiver of Sovereign Immunity 34 7.24. No Third Party Beneficiaries 34 ARTICLE VIII
Sample 1

Related to Developer’s Right of Termination

  • Right of Termination This Agreement may be terminated at any time at or prior to the Closing:

  • Waiver of Termination Rights The Employee waives any and all rights to compensation or damages as a result of a Termination, insofar as those rights result or may result from: (a) the loss or diminution in value of such rights or entitlements under the Program; or (b) the Employee ceasing to have rights, or ceasing to be entitled to any Awards under the Program as a result of such Termination.

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Rights of Termination 10.1 The Company may in its sole discretion terminate this agreement by written notice to the Customer if:

  • In the Event of Termination After receipt of a notice of termination, except as otherwise directed, the AGENCY shall:

  • Compensation in the Event of Termination In the event that the Executive’s employment hereunder terminates prior to the expiration of this Agreement for any reason provided in Section 5 hereof, the Company shall pay the Executive, compensation and provide the Executive and the Executive’s eligible dependents with benefits as follows:

  • Notification of Termination 22.3.2.1 Upon the occurrence at District's sole determination of any of the above conditions, or upon Developer’s failure to perform any material covenant, condition or agreement in this Facilities Lease, District may, without prejudice to any other right or remedy, serve written notice upon Developer and its Surety of District's termination of this Facilities Lease and/or Developer’s right to perform the Work of this Facilities Lease. This notice will contain the reasons for termination.

  • Notice of Termination; Effect of Termination Any termination of this Agreement under Section 7.1 above will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8 (miscellaneous), each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

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