AgdaPkt 2002-12-09 - Laserfiche WebLink

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. �.�4- j3� §SOS Aeencv's R[eht to Terminate; RLhffi aad Daties Followina Terminadon. . A. Develover's Default. In addition to the Ageacy's right to terminate set forth in Secrion 809, the Agency shall have the right to terminate this Agreement with respect to the . . Project Site, or a portion thereo� by pmviding written notice of such termination in accordance with Section 1002 of Uus Agecment for any of the reasons set forth below: 1. Developer transfers or assigns any rights herein or in the Project Site in violation of this Agreement; or 2. There is any material change in the ownership, management or control of the Developer or the degree thereof contrary to the provisions of Article 9; or 3. Developer does not submit certificates of insurance by the date required by this Ageement; or 4. Subject to Article 4, and the sarisfacrion of all conditions to Developer's obligation to do so, Developer fails or refuses to take title to or possession of the Agency or Acquisition Pazcels after tender of conveyance or delivery of possession by the Agency witivn the time established therefore in the Schedule of Performance; or 5. Developer fails to timely contribute the Developer's Share of the Acquisition Budget pursuant to Section 305(A) and to maintain such funding in conformance _. with and for the period of time described in Secrion 305; or 6. After the Effective Date, Developer or any officer, employee or agent of Developer negotiates with an owner or tenant of an Acquisition Pazcel with respect to the acquisition of such pazcel or the relocarion ofan owner or tenant therefrom, without the prior express written consent of the Agency; or 7. If Developer fails to provide reasonable satisfactory evidence of its financing in accordance with any requirements contained herein and within the time comtnitment provided in this Agreement and the Schedule of Performance ; or 8. The Agency is unable to tender ritle to or possession of the Acquisition Pazcels in the manner and condition and by the date provided in the Schedule of Performance as a result of delays caused by Developer's failure to perform its obligations hereunder within the time provided in the Schedule of Performance (as the same may be extended pursuant to Secrion 1004), and such failure of Developer to perform is not the result of delays caused by the Agency's failure to perform its obligations hereunder within the time provided in the Schedule of Performance (as the same may be extended pursuant to Section 1004); or 9. The Developer is in Default under tlris Agreement, or an event has occurred or a condition exists which, with the giving of notice or the passage of time, or both, would become a Default by the Developer hereunder; or 37 DOCSSFL648942.4 9975-5 C 14 120502