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• <br />All of the foregoing contingencies are for Developer's sole benefit. Whether or not the <br />foregoing contingencies have been satisfied shall be determined by Developer in the exercise of <br />its sole and absolute discretion. In the event that any of the foregoing contingencies are not <br />satisfied, or satisfaction thereof is not waived by Developer giving written notice to City of said <br />waiver on or before April 30, 2005 the Contingency Expiration Date, Developer may, at its <br />option, terminate this Agreement by giving written notice to City on or before the Contingency <br />Expiration Date. If Developer so terminates this Agreement, neither party shall have any further <br />rights; obligations or liability under this Agreement. <br />11 <br />