Conveyance to Developer Sample Clauses
The "Conveyance to Developer" clause defines the process by which ownership or certain rights to a property are formally transferred from one party, typically the landowner, to a developer. This clause outlines the specific terms, conditions, and timing under which the conveyance occurs, such as upon satisfaction of certain milestones or payment of consideration. Its core practical function is to ensure that the developer receives the legal rights necessary to proceed with development, thereby providing clarity and certainty to both parties regarding when and how the transfer of property interests will take place.
Conveyance to Developer. The City shall convey marketable title, acceptable to Owner, to excess property part of Territorial/▇▇▇▇▇▇▇▇ roundabouts as legally described on attached Exhibit 3, at the time the Final Plat is recorded, via Limited Warranty Deed.
Conveyance to Developer. The County shall convey Good and Marketable Title to those portions of the Property included within the applicable Phase of the Project upon which the For-Sale Component of such Phase and applicable Infrastructure Components of such Phase are to be constructed and developed to Developer (or its designee) by deed without English Covenants, duly executed, acknowledged and delivered (each, a “Deed”), in substantially the same form as attached hereto as Exhibit G and the County shall enter into a ground lease with Developer (or its designee), in substantially the same form as attached hereto as Exhibit H and made a part hereof, whereby the County will ground lease those portions of the Property included within the applicable Phase of the Project upon which the Adaptive Re-Use Component of such Phase is to be constructed and developed to Developer (or its designee) (each, a “Ground Lease”). In each case where the County and Developer (or its designee) enters into a Ground Lease, the County and Developer may record the Ground Lease or a short form or memorandum of such Ground Lease in the land records of Fairfax County, Virginia.
Conveyance to Developer. City shall convey marketable title via Limited Warranty Deed, acceptable to the Developer, to Outlot H, Rush Hollow Third Addition at the time the Final Plat is recorded. Said outlot shall be part of the Final Plat.
Conveyance to Developer. Subject to satisfaction of the Conditions Precedent to Conveyance set forth in Section 1.5 hereof, at the Closing Developer shall accept the Conveyance of the Property, provided that the Conveyance shall not occur prior to July 2, 2008. The conveyance terms are specific to Developer’s unique characteristics and are not assignable except as allowed under Section 5 below