Multi-Family Project Sample Clauses
Multi-Family Project. If Multi-Family Developer has not commenced construction of the Multi-Family Project within one hundred fifty (150) days after Closing, then, at any time until Multi-Family Developer commences construction of the Multi-Family Project, City may elect, in addition to any other legal and equitable remedies available to City, to (A) require Multi-Family Developer to pay the Incurred Costs, and (B) terminate Multi-Family Developer’s right to receive Bond Proceeds for Project Costs.
Multi-Family Project. Developer shall commence construction of the Multi-Family Project not later than August 31, 2025. Developer shall complete construction, substantially in accordance with the Final Plans with respect to the Multi-Family Project not later than August 31, 2027.