Developer Performance. In the event that the Developer fails to obtain the necessary building permit for the Building in accordance with the timelines set forth herein (except if same are unreasonably withheld, unreasonably conditioned or unreasonably delayed by the City, or any other governmental unit, in contravention of this Agreement, or Enforced Delays), the City may, at its option and within its sole discretion, terminate this Agreement and terminate the related ▇▇▇▇▇▇▇▇▇▇ Reimbursement Agreement and ▇▇▇▇▇▇▇▇▇▇ Redevelopment Plan, either immediately
Appears in 1 contract
Sources: Development Agreement
Developer Performance. In the event that the Developer fails to demolish the existing buildings or obtain the necessary building permit permits for the Building A in accordance with the timelines set forth herein (except if same are unreasonably withheld, unreasonably conditioned or unreasonably delayed by the City, or any other governmental unit, in contravention of this Agreement, agreement or Enforced Delays), the City may, at its option and within its sole discretion, discretion terminate this Agreement and terminate the related ▇▇▇▇▇▇▇▇▇▇ Reimbursement Agreement and ▇▇▇▇▇▇▇▇▇▇ Redevelopment Plan, either immediatelyimmediately or prospectively; provided that, prior to any
Appears in 1 contract
Sources: Development Agreement