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<br /> <br /> <br /> <br /> <br /> <br /> <br />purposes of failure to <br />obligation or agreement DEVELOPER hereunder, and continuance <br />failure a period (30) after notice thereof City <br />of time as may reasonably be necessary to cure any such default, <br />default is not reasonably curable within such thirty (30) day period) shall a <br />DEVELOPER default hereunder. Within the thirty (30) day period after notice is a <br />request may made for a hearing (by either party) to be held before the City Council to <br />determine a default has occurred. Upon occurrence DEVELOPER default, <br />to <br /> <br /> <br /> <br />constructed. <br /> <br />Notwithstanding anything to contrary, the DEVELOPER may convey a <br />or parcels of land within the PUD to a third party, and the conveyed parcels shall remain <br />subject to all of the terms of the PUD specifically relating to said parcels. that case, <br />agree as <br /> <br /> <br />default by or successors <br />obligations hereunder, not constitute a default with regard to the <br />parcel and not entitle CITY to exercise any of its rights and remedies <br />respect to such conveyed so long as owner <br />conveyed parcel otherwise complies with applicable provisions of the PUD. <br /> <br /> <br />B. A default with regard to a conveyed parcel will not constitute a default with regard <br />to the parcels retained by the DEVELOPER or other conveyed parcels, so as <br />such retained or other conveyed parcels otherwise comply with applicable <br />provisions of this Agreement. <br /> <br />7 <br />