Common use of Termination - Permitting Violation Clause in Contracts

Termination - Permitting Violation. Within thirty (30) calendar days (“Cure Period”) written notice that CIORE is not in compliance with applicable City’ ordinances or has failed to obtain applicable permits or complete all applicable reviews and inspections, CIORE shall come into full compliance by obtaining the requisite permit, completing the applicable review or inspection or otherwise coming into compliance with the applicable ordinance (individually or collectively, "Permitting Violation"), subject to reasonable extensions necessary to come into compliance if (a) CIORE has reasonably taken steps to come into compliance during the Cure Period; and (b) compliance cannot be achieved during the Cure Period. If CIORE fails to come into such compliance, obtain such permit or complete the applicable review or inspection, the City may terminate Section 5.01 concerning the waiver of City Fees with respect to the CIO Facility, and, if the City so terminates , then City shall not have any additional obligation to waive City Fees on the CIO Facility.

Appears in 2 contracts

Sources: Economic Development Agreement, Economic Development Agreement