Development Entity Sample Clauses
The 'Development Entity' clause defines the party responsible for overseeing and executing the development aspects of a project, such as construction or property improvements. This clause typically identifies the entity by name and may outline its specific roles, obligations, and authority within the project, including managing contractors, securing permits, and ensuring compliance with relevant regulations. By clearly designating the development entity, this clause ensures accountability and streamlines project management, reducing confusion over responsibilities and facilitating smoother project execution.
Development Entity. The Developer shall submit to CADA for review and approval executed development formation documents for the specific development team or entity that is to enter into the DDA by . In the event the Developer fails to submit or resubmit the required development entity formation documents to CADA within the time set forth in this Section, CADA may, at its option, terminate this Agreement by written notice to the Developer. Neither party shall have any further rights against or liability to the other under this Agreement.
Development Entity. CADA shall review and either approve or disapprove the executed development entity formation documents submitted by the Developer in accordance with Section 3.5 of this Agreement within fourteen (14) days of the date such information is received by CADA. In the event CADA disapproves the development entity formation documents, CADA shall give the Developer written notice of such disapproval. The Developer shall then have ten (10) working days from the date of the notice to resubmit new documentation in accordance with Section 3.5.
Development Entity. The Developer shall make full disclosure to the Village of all information pertinent to the ownership, control and financial capacity of the development entity that is proposed to serve as developer under the Agreement.
Development Entity. The Developer shall make full disclosure to the Agency of all information pertinent to the ownership, control and financial capacity of the development entity that is proposed to serve as developer under the DDA.