Common use of Developer’s Financial Commitments Clause in Contracts

Developer’s Financial Commitments. Developer shall complete the Project at its sole cost and expense. Developer also agrees that Developer shall submit satisfactory documentation to the Township evidencing Developer’s plan to secure the requisite capital and/or financing in an amount necessary to acquire, remediate and redevelop the Property upon commercially reasonable terms, pursuant to the Project Milestones / Timeline as set forth in Exhibit “D”, in accordance with this Agreement (the Township acknowledging that financing commitments may not be able to be secured prior the issuance of certain Governmental Approvals).

Developer’s Financial Commitments. Developer shall complete the Project at its sole cost and expense. Developer Xxxxxxxxx also agrees that Developer shall submit satisfactory documentation to the Township evidencing Developer’s plan to secure the requisite capital and/or financing in an amount necessary to acquire, remediate and redevelop the Property upon commercially reasonable terms, pursuant to the Project Milestones / Timeline as set forth in Exhibit “D”, in accordance with this Agreement (the Township acknowledging that financing commitments may not be able to be secured prior the issuance of certain Governmental Approvals).