Common use of Failure to Complete Clause in Contracts

Failure to Complete. In the event the Developer fails to substantially complete the construction of the public portion of the Infrastructure Improvements as set forth in Paragraph 2 within twelve (12) months following issuance of the building permit for the same, except for any Enforced Delays, the City may, at its option and within its discretion, (i) draw upon the financial assurances provided in Section 2) of this Agreement to complete the public portion of the Infrastructure Improvements, and/or

Failure to Complete. In the event the Developer fails to substantially complete the construction of the public portion of the Infrastructure Improvements as set forth in Paragraph 2 Section II of this agreement within twelve (12) months following issuance of the building permit permits for the sameBuildings A and B, except for any Enforced Delays, the City may, at its option and within its discretion, (i) draw upon the financial assurances provided in Section 2) of this Agreement to complete the public portion of the Infrastructure Improvements, and/orin

Failure to Complete. In the event the Developer fails to substantially complete the construction of the public portion of the Infrastructure Improvements as set forth in Paragraph 2 this Agreement, including its exhibits, within twelve thirty-six (1236) months following issuance of the building permit permits for the sameProject buildings, except for any Enforced Delays, the City may, at its option and within its discretion, (i) draw upon the Performance Bond or other financial assurances provided in Section 2) II of this Agreement to complete the public portion of the Infrastructure Improvements, and/orImprovements and

Failure to Complete. In the event the Developer fails to substantially complete the construction of the public portion of the Infrastructure Improvements as set forth in Paragraph 2 Section II of this agreement within twelve twenty-four (1224) months following issuance of the building permit permits for the sameBuilding A, except for any Enforced Delays, the City may, at its option and within its discretion, (i) draw upon the financial assurances provided in Section 2) of this Agreement to complete the public portion of the Infrastructure Improvements, and/orits