Right of Reentry. Subject to the notice and cure provisions of Section 501, City shall have the right, at its option, to reenter and take possession of the Property with all Improvements thereon, and to terminate and revest in City the Leasehold estate theretofore conveyed to the Developer, if after conveyance of the Leasehold and prior to issuance of the Release of Construction Covenants, the Developer (or its successors in interest) shall:
Appears in 3 contracts
Sources: Disposition and Development Agreement, Disposition and Development Agreement, Disposition and Development Agreement