Remedies and Enforceability. THE DEVELOPER, INITIAL BUYER AND ANY SUBSEQUENT BUYER(S) DURING THE AFFORDABILITY PERIOD IN CONSIDERATION FOR EACH HOME HEREBY AGREE AND CONSENT THAT THE TOWN SHALL BE ENTITLED, FOR ANY BREACH OF THE PROVISIONS HEREOF, AND IN ADDITION TO ALL OTHER REMEDIES PROVIDED BY LAW OR IN EQUITY, TO OBTAIN SPECIFIC PERFORMANCE BY THE DEVELOPER, THE INITIAL BUYER OR ANY SUBSEQUENT BUYER(S) OF ITS OBLIGATIONS UNDER THIS DECLARATION IN ANY COURT OF COMPETENT JURISDICTION. The Developer, Initial Buyer and any subsequent buyer(s) hereby further specifically acknowledge that Town cannot be adequately compensated by monetary damages in the event of default hereunder.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement