Common use of C hereof Clause in Contracts

C hereof. If Cordish does not promptly make or cause an Affiliate or other Person selected by it to make a Development Loan pursuant to this Section 6.5.F, Inland shall have the right, but not the obligation, in its sole and absolute discretion, to fund the amount of such Development Loan, which shall constitute a Default Loan by Inland to Cordish in the same manner as set forth in Section 3.4.B hereof. If Inland does not elect (in its sole discretion and with no duty or obligation to do so) to make such a Development Loan or Default Loan and if such Additional Property Owner Entity will become insolvent or will be in default under any of its financing obligations then Inland shall have the unilateral right at any time to cause the Company to distribute the entire ownership interest in such Additional Property Owner Entity to Cordish (notwithstanding any other provisions of this Agreement to the contrary) on the terms provided in Section 9.6.B and the Adjusted Capital Balance of Cordish shall be reduced by an amount equal to the portion of the Operations Reserve theretofore contributed to such Additional Property Owner Entity.