Developer’s Qualifications Clause Samples
Developer’s Qualifications. The Developer’s qualifications and information, in the following order: ▪ Overview of the Developer and the Developer’s principal owners and chief executives ▪ Description of the Developer’s experience with similar projects ▪ Identification, role and professional summary of the individuals who will have key roles in the execution of the Project ▪ Description of the financial capability and capital resources of the De- veloper ▪ References from banks, other lenders and debt and equity financing sources indicating the Developer’s wherewithal to finance the Project ▪ Summaries of recent project financings, detailing project type, financing source, amounts, terms and current status ▪ Description of any claims, disputes, lawsuits, defaults, or other adverse business issues or conditions involving the Developer ▪ Awards and recognitions ▪ Other references ▪ Contact information
Developer’s Qualifications. Developer represents that it has the qualifications and skills necessary to perform the services under this Agreement in a competent, professional manner, without the advice or direction of Client. This means Developer is able to fulfill the requirements of this Agreement. Failure to perform all the services required under this Agreement constitutes a material breach of the Agreement. Developer has complete and sole discretion for the manner in which the work under this Agreement will be performed.