Common use of Termination by Developer Clause in Contracts

Termination by Developer. This Agreement may be terminated by DEVELOPER upon fourteen (14) days written notice to DISTRICT in the event of an uncured substantial failure of performance by DISTRICT, unless the DISTRICT has acted to commence cure efforts in any case where a reasonable cure can not be concluded within the fourteen (14) day notice period.

Appears in 2 contracts

Sources: Preliminary Services Agreement, Preliminary Services Agreement

Termination by Developer. This Agreement may be terminated by DEVELOPER upon fourteen (14) days written notice to DISTRICT in the event of an uncured substantial failure of performance by DISTRICT, unless the DISTRICT has acted to commence cure efforts in any case where a reasonable cure can not be concluded within the fourteen (14) 14 day notice period.

Appears in 1 contract

Sources: Preliminary Services Agreement