Common use of Court Judgment or Order Clause in Contracts

Court Judgment or Order. City and Developer shall meet and endeavor, in good faith to attempt to reach agreement on any amendments needed to allow development of the Property to proceed in a reasonable manner taking into account the terms and conditions of the court’s judgment or order. If agreement is reached, the procedures for amending this Agreement as specified herein shall apply. If agreement is not reached, Developer shall have the right to terminate this Agreement by giving City sixty (60) days’ notice of termination. In the event that amendment of this Agreement is not required, and the court’s judgment or order requires City to engage in other or further proceedings, Xxxx agrees to comply with the terms or the judgment or order expeditiously.

Appears in 5 contracts

Samples: Transfer Agreement, Transfer Agreement, Transfer Agreement

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Court Judgment or Order. City and Developer shall meet and endeavor, in good faith to attempt to reach agreement on any amendments needed to allow development of the Property to proceed in a reasonable manner taking into account the terms and conditions of the court’s judgment or order. If agreement is reached, the procedures for amending this Agreement as specified herein shall apply. If agreement is not reached, Developer shall have the right to terminate this Agreement by giving City sixty (60) days’ notice of termination. In the event that amendment of this Agreement is not required, and the court’s judgment or order requires City to engage in other or further proceedings, Xxxx City agrees to comply with the terms or the judgment or order expeditiously.

Appears in 2 contracts

Samples: Development Agreement by And, Transfer Agreement

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