Common use of Developer’s Right of Termination Clause in Contracts

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.

Appears in 1 contract

Samples: Redevelopment Agreement

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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 PhaseCompletion, the Developer may, by giving written notice to the City, abandon the Work and terminate this Agreement.

Appears in 1 contract

Samples: Redevelopment Agreement

Developer’s Right of Termination. (a) At any time prior to the delivery of the Certificate of Substantial Completion with respect to the North PhaseCompletion, the Developer may, by giving written notice to the City, abandon the Work and terminate this AgreementAgreement and the Developer’s obligations hereunder if the Developer determines, in its sole discretion, that the Redevelopment Project is no longer economically feasible.

Appears in 1 contract

Samples: Redevelopment Agreement

Developer’s Right of Termination. (a) At any time prior to the delivery of the Certificate Certificates of Substantial Completion with respect to the North for any Phase, the Developer may, by giving written notice to the City, abandon the Work and terminate this AgreementAgreement and the Developer’s obligations hereunder (except as may expressly survive termination) if the Developer determines, in its sole discretion, that such Phase is no longer economically feasible.

Appears in 1 contract

Samples: Redevelopment Agreement

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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 The Developer may, by giving written notice to the City, abandon the Work Redevelopment Project for any reason and terminate this AgreementAgreement and the Developer’s obligations hereunder at any time.

Appears in 1 contract

Samples: Redevelopment Agreement

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