Common use of Default by Developer Clause in Contracts

Default by Developer. If Developer causes either an Event of Monetary Default or an Event of Non-Monetary Default, then the City may commence proceedings to modify or terminate this Agreement pursuant to this Section 11.4.

Appears in 23 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Default by Developer. If any Developer causes either an Event of Monetary Default or an Event of Non-Monetary Default, then the City may commence proceedings to modify or terminate this Agreement, or with respect to an Event of Monetary Default or an Event of Monetary Default described in Section 10.1.2(a) or (b) above, proceedings to modify or terminate this Agreement as to one Phase, pursuant to this Section 11.4.

Appears in 1 contract

Samples: Development Agreement

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