Termination by Redeveloper Clause Samples

Termination by Redeveloper. In the event that the City does not cure its Event of Default within ninety (90) days after the Redeveloper’s notice of the same pursuant to Paragraph 4.b above, then this Agreement shall, at the option of the Redeveloper, be terminated by written notice thereof to the City, at which point neither the City nor the Redeveloper shall have any further rights against, or obligations or liability to, the other under the Agreement, with respect to the Agreement.
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Termination by Redeveloper. If, after Redeveloper’s Commencement Date, the Authority fails to make payments when due in accordance with the terms of the Redevelopment Agreement and this Addendum, or otherwise materially breaches the Redevelopment Agreement or this Addendum, Redeveloper shall give written notice to the Public Parties of Redeveloper’s intention to terminate the Redevelopment Agreement. If Authority fails to make such payment within fifteen (15) Business Days after its receipt of such notice, or Authority otherwise fails to cure a breach or failure other than the payment of money within fifteen (15) Business Days after receipt of such notice, Redeveloper may, without prejudice to any other remedy, terminate the Redevelopment Agreement, and recover from the Public Parties payment for: (1) all Work executed as of the date of termination, (2) losses sustained upon materials, equipment, tools and machinery, (3) all amounts owed by Redeveloper under the Contract Documents, and (4) all of Redeveloper’s overhead expenses incurred on the Project.
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Related to Termination by Redeveloper

  • Termination by Resignation Subject to Section 3.2, below, Executive’s employment and the Company’s obligations under this Agreement shall terminate automatically, effective immediately upon Executive’s provision of written notice to the Company of Executive’s resignation from employment with the Company or at such other time as may be mutually agreed between the Parties following the provision of such notice.

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to: 1. Perform the services within the time specified in this contract or by Owner approved extension; 2. Make adequate progress so as to endanger satisfactory performance of the Project; or 3. Fulfill the obligations of the Agreement that are essential to the completion of the Project. Upon receipt of the notice of termination, the Consultant must immediately discontinue all services affected unless the notice directs otherwise. Upon termination of the Agreement, the Consultant must deliver to the Owner all data, surveys, models, drawings, specifications, reports, maps, photographs, estimates, summaries, and other documents and materials prepared by the Engineer under this contract, whether complete or partially complete. Owner agrees to make just and equitable compensation to the Consultant for satisfactory work completed up through the date the Consultant receives the termination notice. Compensation will not include anticipated profit on non-performed services. Owner further agrees to hold Consultant harmless for errors or omissions in documents that are incomplete as a result of the termination action under this clause. If, after finalization of the termination action, the Owner determines the Consultant was not in default of the Agreement, the rights and obligations of the parties shall be the same as if the Owner issued the termination for the convenience of the Owner.

  • Termination by City The City may terminate any or all of the services agreed to be performed under this Agreement without cause, at any time during the Term by giving the Consultant thirty (30) days’ notice in writing. Either party may terminate this Agreement with cause, immediately upon giving the other party written notice of such default or breach of this Agreement that is the basis for the termination.

  • Termination by Lessor Lessor may terminate the lease at any time if any of the following shall happen: