Common use of Principal Developer Documents Clause in Contracts

Principal Developer Documents. Except with the Department’s prior written approval in its good faith discretion, Developer shall not (a) terminate or permit the termination of a Principal Developer Document except in the case of material uncured default or (b) agree to any amendment of any provision of a Principal Developer Document required by the Department as specified in Section 7.3.2 or elsewhere in this Agreement, or agree to any amendment thereof inconsistent with the terms of the Contract Documents. The foregoing does not, however, affect Developer’s rights with respect to any Refinancing set forth in Section 15.4.

Appears in 2 contracts

Sources: Concession Agreement, Concession Agreement

Principal Developer Documents. Except with the DepartmentOwner’s prior written approval in its good faith discretion, Developer shall not not: (a) terminate or permit the termination of a Principal Developer Document except in the case of material uncured default default; or (b) agree to any amendment of any provision of a Principal Developer Document required by the Department Owner as specified in Section 7.3.2 9.3.3 or elsewhere in this Agreement, or agree to any amendment thereof inconsistent with the terms of the Contract Documents. The foregoing does not, however, affect Developer’s rights with respect to any Refinancing set forth in Section 15.417.3.

Appears in 1 contract

Sources: Development Agreement