Common use of Termination Upon Completion of Development Clause in Contracts

Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of the Term, unless it is terminated earlier pursuant to the terms of this Agreement. Upon termination of this Agreement, City shall record a notice of such termination in substantial conformance with the “Notice of Termination” attached hereto as Exhibit E, and this Agreement shall be of no further force or effect except as otherwise set forth in this Agreement.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of the Term, Term unless it is terminated earlier pursuant to the terms of this Agreement. Upon termination of this Agreement, City shall record a notice of such termination in substantial conformance with the “Notice of Termination” attached hereto as Exhibit EF, and this Agreement shall be of no further force or effect except as otherwise set forth in this Agreement.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Termination Upon Completion of Development. This Agreement shall terminate upon the expiration of its Term as defined in Section 1.5 or when the TermProject has been fully developed and all of the Owner’s and City’s obligations in connection therewith are satisfied, unless it is terminated earlier pursuant to the terms of this Agreementwhichever occurs first. Upon termination of this Agreement, the City shall record a notice of such termination in substantial conformance with a form satisfactory to the “Notice of Termination” attached hereto as Exhibit E, and this Agreement shall be of no further force or effect except as otherwise set forth in this AgreementCity Attorney.

Appears in 1 contract

Samples: Development Agreement

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