Common use of Developer’s Remedies Clause in Contracts

Developer’s Remedies. Upon the occurrence of any Event of Default by the City, the Developer may pursue any legal remedy or remedies (specifically including specific performance and other equitable remedies), and termination of this Agreement; provided, however, that the Developer shall have no right to terminate this Agreement unless the Developer delivers to the City a second notice which expressly provides that the Developer will terminate within thirty

Developer’s Remedies. Upon the occurrence of any Event of Default by the City, the Developer may pursue any legal remedy or remedies (specifically including specific performance and other equitable remedies), and termination of this Agreement; provided, however, that the Developer shall have no right to terminate this Agreement unless the Developer delivers to the City a second notice which expressly provides that the Developer will terminate within thirtythirty (30) days if the default is not addressed as herein provided.