Agreement to Develop Clause Samples
The "Agreement to Develop" clause establishes the parties' mutual commitment to collaborate on the creation or development of a specific product, service, or project. Typically, this clause outlines the scope of the development, the roles and responsibilities of each party, and any key milestones or deliverables expected during the process. By clearly defining the intent and framework for joint development, this clause helps prevent misunderstandings and ensures that both parties are aligned on their obligations and expectations throughout the project.
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Agreement to Develop. Seller will develop the condominium in general conformity with the State of Oregon disclosure statement delivered to Purchaser, subject to such modifications as may be authorized by Section 6 below.
Agreement to Develop. 1.1. We agree to develop the custom software referred to in the proposal at the price set out in it subject to the General Terms and these terms and conditions (“the development agreement”)
1.2. You agree to provide us with reasonable assistance and (if set out in the proposal, facilities) for the development, testing and installation of the software and its associated data.(Note: testing and development work may require down-time on your equipment. If this is the case, unless we have priced for out-of-hours development, we shall expect you to schedule for reasonable amounts of down-time during working hours).
Agreement to Develop. Microline shall, in consideration of the payments to be made by TransEnterix pursuant to this Agreement, use commercially reasonable efforts to (i) design and develop an FSP Product, for use with the Robotic System, that is consistent with the Marketing Requirements Document and in accordance with the FSP Product Specification, (ii) deliver the Deliverables as set forth in the Work Plan, including the prototypes and Pilot Product Units, and (iii) otherwise comply with its obligations in the Work Plan and the Marketing Requirements Document.
Agreement to Develop. In consideration of the Developer agreeing to advance and pay to the Proprietor the deposit pursuant to the JVA and subject to the various agreements, undertakings, covenants and obligations of the Parties, the Proprietor agrees to allow the Developer, its agent and servants to enter the Land together with its tools implement and equipment and the sole and exclusive rights to develop the Land at its own cost and expense and in various stages or phases thereof and in such manner as the Developer in its absolute discretion deem appropriate, and to commence, complete and to market the Development and to collect all sales revenue therefrom in accordance with the approved Layout Plans and Building Plans and such other plans or any amendment(s) thereof as may be approved by the relevant authorities but subject always to the terms and conditions of the JVA.
Agreement to Develop. The Developer agrees to develop Lot 5 in accordance with the Comprehensive Permit. Simultaneous with the conveyance of Lot 5 to the SRA, the Parties shall enter into an agreement that will include, at a minimum, the following easements (the “Easement Agreement”):
1. Easement to the Developer for the construction or improvements on Lot 5 in accordance with the Comprehensive Permit, the construction of subsurface utilities within Lot 5 that will serve Lot 1 and Lot 2, and any other site enabling work within Lot 5;
2. Easement to the owner of Lot 1 and the owner of Lot 2 for the use, maintenance, and repair of utilities located within the subsurface of Lot 5 that serve Lot 1 and/or Lot 2 and the construction of new utilities in the subsurface of Lot 5 that serve Lot 1 and/or Lot 2 (including the water quality structure within Lot 5);
3. Pedestrian easement to the owner of Lot 1 and the owner of Lot 2 for the use of Sewall Park on Lot 5 and to cross Lot 5 to access ▇▇▇▇▇▇ Street;
4. Easements to the owner of Lot 1 and the owner of Lot 2, and any agent retained by the owners of Lot 1 and Lot 2, for the repair and maintenance of the improvements constructed by Developer within Lot 5; and
5. Easement to Developer, the owner of Lot 1, and the owner of Lot 2 for use of Lot 5 as a construction staging/laydown area during construction of Building A and Building B. Deadline for Completion of Improvements: The Parties acknowledge that time is of the essence for completing the Lot 5 improvements. In the event that the Developer does not substantially complete the improvements to Lot 5 as outlined within the Comprehensive Permit, other than plantings, by May 1, 2027, as such date may be amended by the written consent of both Parties (“Lot 5 Substantial Completion Date”), then the Developer shall provide a bond, letter of credit, cash or other security in the form satisfactory to the SRA in an amount of the value of the unfinished improvements as of the Lot 5 Completion Date. Given the seasonal nature of plantings to be done by Developer on Lot 5, certain plantings may need to occur after the Lot 5 Substantial Completion Date.