Common use of TERMINATION FOR CAUSE/DEFAULT Clause in Contracts

TERMINATION FOR CAUSE/DEFAULT. Upon written notice, which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer fails to: (1) comply with any material term or condition of this Agreement, which shall be deemed a default; and, (2) cure such default.

Appears in 1 contract

Sources: Development Agreement

TERMINATION FOR CAUSE/DEFAULT. Upon written noticeNotice, which must be provided in accordance with Article XVII. Notice of this Agreement, the City and/or the Board shall have the right to terminate this Agreement for cause, in whole or in part, if Developer fails to: (1) comply with any material term or condition of this Agreement, which shall be deemed a default; and, and (2) fails to cure such defaultdefault in accordance with the requirements set forth in this Article 11.

Appears in 1 contract

Sources: Development Agreement