Power of Termination. Subject to and in accordance with the procedures and provisions of Section 9.8 of the Agreement, the City has the right, at its option, to re-enter and take possession of the Property, or portion thereof, with all Improvements thereon, and revest in the City the estate conveyed to Developer, in the event of a default arising under and specifically described in Section 9.8 of the Agreement.
Appears in 3 contracts
Sources: Sales and Disposition Agreement, Disposition and Development Agreement, Disposition and Development Agreement