Common use of Approvals by Developer Clause in Contracts

Approvals by Developer. Whenever the Contract Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision, and no standard is otherwise provided, then such approval, consent, determination or decision shall not be unreasonably or arbitrarily withheld, conditioned or delayed. Whenever the Contract Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision in Developer’s discretion, then ▇▇▇▇▇▇▇▇▇’s decision shall be final, binding and not subject to dispute resolution.

Appears in 4 contracts

Sources: Development Agreement, Development Agreement, Development Agreement

Approvals by Developer. Whenever the Contract Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision, and no standard is otherwise provided, then such approval, consent, determination or decision shall not be unreasonably or arbitrarily withheld, conditioned or delayed. Whenever the Contract Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision in Developer’s discretion, then ▇▇▇▇▇▇▇▇▇Developer’s decision shall be final, binding and not subject to dispute resolution.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement