Developer Acknowledgement Clause Samples
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Developer Acknowledgement. Developer acknowledges that the Project Site (as defined in the Development Agreement) upon which it will construct residential units in an area currently designated as Open Space. Developer further acknowledges that it has agreed to cooperate with City to transfer residential development rights from other property located in the City onto the Project Site if feasible. Developer understands that this is an important goal of the City
Developer Acknowledgement. By its signature below, the Developer acknowledges this MOU. The Developer is an intended third party beneficiary of this MOU. The Parties shall not amend or terminate this MOU in any manner that will adversely affect the Developer without the written consent of the Developer.
Developer Acknowledgement. The Developer acknowledges and agrees that it pays the Developer Contribution to the Regional District to enable the Regional District to obtain the Reports and Services as part of the Developer’s request for amendment to the Regional District’s official community plan in relation to the Development Lands and by making such payment the Developer acquires no special rights in relation to the Regional District’s official community plan amendment process.
Developer Acknowledgement. This Agreement is a Vertical DDA (as defined in the Horizontal DDA) executed and delivered pursuant to the Horizontal DDA. By its signature below, Developer consents to this Agreement and acknowledges and agrees that it is not a party to this Agreement (or, for the avoidance of doubt, a Party or one of the Parties). Developer (and its successors and assigns) is an intended third party beneficiary of this Section 19.8, Sections 3.8, 12.1(c), 19.29 and 19.33 and the Community Benefits Plan (with respect to Vertical Developer’s obligations to Developer thereunder). Except for the foregoing third party beneficiary rights, Developer has no rights or obligations under this Agreement, and nothing in this Agreement amends or limits Developer’s rights and obligations under the Horizontal DDA. LEGAL_US_W # 78811931.4 -57- LEGAL_US_W # 78811931.5
Developer Acknowledgement. The Developer undertakes and agrees to deliver at least fifteen percent (15%) of the Building Allotments created on the Land as Affordable Housing in accordance with the Affordable Housing Land Management Deed.
Developer Acknowledgement. BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared _, known to me or who was proved to me on the oath of _ (name of person identifying the acknowledging person) or through partnership and as _ thereof, and for the purposes GIVEN UNDER MY HAND AND SEAL OF OFFICE this _ Day of _, 20152016. Notary Public in and or the State of Texas Notary’s Seal of Office My Commission Expires: THE STATE OF TEXAS § COUNTY OF TARRANT §
Developer Acknowledgement. This Agreement is a Vertical DDA (as defined in the Horizontal DDA) executed and delivered pursuant to the Horizontal DDA. By its signature below, Developer consents to this Agreement and acknowledges and agrees that it is not a party to this Agreement (or, for the avoidance of doubt, a Party or one of the Parties). Except for the third party beneficiary rights set forth in Section 19.29, Developer has no rights or obligations under this Agreement, and nothing in this Agreement amends or limits Developer’s rights and obligations under the Horizontal DDA.
Developer Acknowledgement. The Developer hereby acknowledges and agrees that (i) this Section is intended as the City's written request for information (and Developer's response) concerning the environmental condition of the Property as required by California Code of Civil Procedure Section 726.5, and (ii) each representation and warranty in this Agreement with respect to the environmental condition of the Property is intended by the Parties to be an "environmental provision" for purposes of California Code of Civil Procedure Section 736.