Developer acknowledges and agrees that Sample Clauses
Developer acknowledges and agrees that. The relationship between Developer and Agency is and shall remain solely that of borrower and lender, and Agency neither undertakes nor assumes any responsibility to review, inspect, supervise, approve (other than for aesthetics) or inform Developer of any matter in connection with the Project, including matters relating to: (i) the Scope of Development,
Developer acknowledges and agrees that. (a) neither Authority nor GDOT will have any obligation to:
(i) pay for any Betterment;
(ii) facilitate the collection of any amounts due to Developer from the Utility Owner under any Betterment Agreement; or
(iii) otherwise facilitate any Betterment;
(b) neither Authority nor GDOT will be a party to any Betterment Agreement; and
(c) Developer does not have any authority to:
(i) execute any Betterment Agreement on either GDOT's or Authority's behalf;
(ii) bind either GDOT or Authority with respect to any Betterment Agreement; or
(iii) encumber, limit, or otherwise grant any rights to any property interests of either GDOT or Authority, including the Project Limits, with respect to any Betterment Agreement.
