Common use of Developer’s Agreement Clause in Contracts

Developer’s Agreement. Before the end of the Contingency Period, MVCRA, County and Buyer shall enter into a Developer’s Agreement (“Developer’s Agreement”) that will be effective upon the Phase I Closing and will address the following in more detail: a. the Public Infrastructure Improvements and timing of commencement and completion of construction and installation of same as well as specific location of same (as generally set forth in Section 14 below); b. provisions for utilities and the reservation of capacity; c. the Buyer's right to use future gopher tortoise capacity (if any) at the Mitigation Bank pursuant to Sections 8.1. H. and 8.2. H (“Protected Species”) above; d. the nonexclusive easement to the County and/or the Seller (as appropriate) for the Stormwater Pond (defined in Section 14 below) and easements to Buyer for construction of the Stormwater Pond from the Seller if to be located on a portion of the Land owned by Seller as of the time of construction ; e. Transportion and other concurrency; f. Other matters addressed in Section 14 and elsewhere in this Agreement that all parties agree are appropriate for a Developer’s Agreement.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement