Developer Event of Default definition

Developer Event of Default has the meaning set forth in Section 7.4.
Developer Event of Default means any event or occurrence defined in Section 9.01 of this Agreement.
Developer Event of Default means a default in the performance of any obligation or breach of any covenant or agreement of the Developer in this Agreement (other than a covenant or agreement, a default in the performance or breach of which is specifically dealt with elsewhere in this Section), and continuance of such default or breach for a period of 30 days after City has delivered to Developer a written notice specifying such default or breach and requiring it to be remedied; provided, that if such default or breach cannot be fully remedied within such 30-day period, but can reasonably be expected to be fully remedied and the Developer is diligently attempting to remedy such default or breach, such default or breach shall not constitute an event of default if the Developer shall immediately upon receipt of such notice diligently attempt to remedy such default or breach and shall thereafter prosecute and complete the same with due diligence and dispatch.

Examples of Developer Event of Default in a sentence

  • Event of Default means either Developer Event of Default or the Authority Event of Default or both as the context may admit or require.

  • If the Termination is due to a Developer Event of Default, no compensation shall be payable by the NRDA to the Developer.

  • Event/s of Default Event/s of Default means the Developer Event of Default or the NRDA Event of Default or both as the context may admit or require.

  • Failure of the Developer to require that such restrictions be placed in any such lease shall not be a Developer Event of Default and in no way modify, lessen or diminish the obligations and restrictions set forth herein.

  • The NRDA shall be entitled to encash any Bank Guarantees provided by the Developer, if the Termination is on account of Developer Event of Default.


More Definitions of Developer Event of Default

Developer Event of Default means any event of default by Borrower under the School Unit Purchase Agreement following any required notice to Borrower and following the expiration of any applicable cure periods specified therein.
Developer Event of Default shall have the meaning set forth in Section 10.4.1.
Developer Event of Default shall have the meaning ascribed to the term in Clause24.1;
Developer Event of Default shall have the meaning ascribed to in the Concession Agreement;
Developer Event of Default means a default in the performance of any obligation or breach of any covenant or agreement of the Developer in this Agreement (other than a covenant or agreement, a default in the performance or breach of which is specifically dealt with elsewhere in this Section), and continuance of such default or breach for a period of thirty (30) days after City has delivered to Developer a written notice specifying such default or breach and requiring it to be remedied. During any such cure period which extends beyond 30 days, the Developer shall provide regular written updates to the City regarding its efforts toward, and the status of, remedying such default or breach.
Developer Event of Default is defined in Section 8.4.
Developer Event of Default means any failure by the Developer to comply with this Model Standing Offer including, but not limited to any one or more of the following: