Termination of Development Agreement. If Developer fails to timely cure any item(s) of non-compliance set forth in a Notice of Default, then the City shall have the right but not the obligation to initiate proceedings for the purpose of terminating this Agreement pursuant to Section 11.4 below.
Termination of Development Agreement. Lilly, PPD and GenuPro hereby terminate the Development Agreement effective as of the Termination Date. As of the Termination Date, the Development Agreement shall have no further force or effect and no party thereto shall have any further right or obligation thereunder except that:
Termination of Development Agreement. In addition to the amendment or cancellation of this Development Agreement pursuant to Section 3.5, this Development Agreement shall be deemed terminated and of no further effect upon the occurrence of any of the following events:
Termination of Development Agreement. If MINI of Santa Xxxxxx fails to timely cure any item(s) of non-compliance set forth in a Notice of Default, then the City shall have the right but not the obligation to initiate proceedings for the purpose of terminating this Agreement pursuant to Section 11.4 below.
Termination of Development Agreement. If the Development Agreement is terminated, Patheon will continue to provide the Client with stability data supporting the acceptability of the CTM until all such CTM distributed by the Client has reached the end of its shelf-life.
Termination of Development Agreement. If the Development Agreement terminates or is terminated pursuant to an express termination right under either Section 4.1 or Section 4.2 of the Development Agreement, or for any reason other than completion of construction of the Entertainment Center, then this Lease shall automatically terminate and neither the City nor the Company shall have any rights, liabilities or obligations hereunder except those that expressly survive the termination of this Lease; provided, however, nothing in the foregoing provision shall limit the rights or remedies of a non-defaulting party if the Development Agreement is terminated as a result of the default of the other party.
Termination of Development Agreement. GSK or Exelixis, as the case may be, shall terminate the Development Agreement pursuant to Sections 12.2.1 or 12.4 thereof;”
Termination of Development Agreement. Effective as of the Closing, the Development Agreement shall be terminated, cancelled and released in all respects, and all of the respective rights, duties, obligations and liabilities of the parties thereunder shall be terminated, cancelled and released in all respects and shall be of no further force of effect. From and after the Closing Date, no party to the Development Agreement shall have any duty, liability or responsibility whatsoever for the payment of any amount or the performance of any obligations thereunder.
Termination of Development Agreement. If this Agreement is terminated, expires, or becomes null and void prior to full build‐out and/or implementation of The Villages MPD, then this section shall expire and the Prior Agreements, will be returned to their full force and effect, and development of the property subject to the Prior Agreements shall continue according to the terms therein.
Termination of Development Agreement. The parties hereby mutually agree to terminate and cancel the Development Agreement and all obligations, duties, rights, titles and interests existing thereunder effective as of the date of this Termination Agreement as contemplated by Section 15.2 of the Development Agreement. The Property shall no longer be encumbered by the Development Agreement in any manner whatsoever.
