Development of Improvements. The Grantee hereby acknowledges and agrees, for itself and its successors and assigns, that the Property is being conveyed to Grantee in accordance with and subject to the requirements of the Agreement, including without limitation in accordance with the provisions of the Agreement that specify the required number of residential units to be constructed on the Property and the time period within which construction of such improvements (the “Improvements”) must be completed, as such time period may be extended pursuant to the terms of the Agreement.
Appears in 3 contracts
Sources: Sales and Disposition Agreement, Disposition and Development Agreement, Disposition and Development Agreement