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.