Development of Project. 12.3.1 On or after the Appointed Date, the Concessionaire shall undertake to complete the Construction Works for the Project as specified in Schedule A, and in conformity with the Specifications and Standards set forth in Schedule B.
Development of Project. The Applicant commits to commence the investment within 45 days of this Agreement and agrees to complete the investment within one year of this Agreement (“Completion Date”).
Development of Project a. The Developer accepts the Property in “AS IS, WHERE IS” condition without any express or implied warranties or representations. HHFDC shall incur no expenditures and liability in connection with this Agreement and the Property’s development and operation. The Developer shall be responsible for all items necessary to develop and operate the Project, including but not limited to title reports, conveyance documents, annexation documents, closing costs, planning costs, onsite and offsite improvements, rezoning, water allocation, the installation and connection of utilities to the Project and cutting, filling, and finish grading of the Property.
Development of Project. The Developer will, at its own cost and expense, develop the Project in accordance with the lease agreement with UBC, applicable zoning, applicable Laws (including without limitation the Zoning Regulation), the Design Guide, the Community Energy Covenant and this Agreement. The Developer will, forthwith upon Corix’s request, provide Corix with a copy of all sections of the lease agreement that pertain to the design, construction or operation of the Infrastructure or the Building System or the provision of Energy Services and any other portions of the lease agreement that Corix reasonably requests. The Developer may redact any commercially-sensitive financial information contained therein.
Development of Project. The Developer will, at its own cost and expense, develop the Project in accordance with the Offer to Lease, the Ground Lease, OCP, applicable Laws (including without limitation the Zoning Bylaw) and this Agreement. The Developer will, forthwith upon Corix’s request, provide Corix with a copy of all sections of the Offer to Lease and the Ground Lease that pertain to the design, construction or operation of the Infrastructure or the Building System or the provision of Energy Services and any other portions of the Offer to Lease and the Ground Lease that Corix reasonably requests, provided that the Developer shall be entitled to redact financial information contained therein.
Development of Project. 6.1 The Proponent agrees to undertake the development of the Project in accordance with the provisions proposed in this Agreement and as identified in the Council Report, Resolution [INSERT], and By-law [INSERT] approved by Regional Council to fund the Project, and as further set out in Schedules “A” and “I”.
Development of Project. OPERATIONS PRIOR TO THE FINAL CLOSING DATE. . . . . . . . . . . . . . . . . . . . 21 6.1
Development of Project. Developer anticipates that the Project shall be constructed in a single phase. Developer further anticipates that the assessed value of the Project will be a minimum of Four Million Six Hundred Four Thousand Three Hundred Thirty Nine and 00/100 Dollars ($4,604,339.00) (the “Anticipated Development Value”). Developer estimates that Anticipated Development Value will generate approximately and No/100 Dollars ($ ) Incremental TIF annually for the entirety of the Project, with such Incremental TIF beginning as of . The estimated Incremental TIF is attached to this Agreement on Exhibit “C.” Developer acknowledges and agrees that it bears the entire risk under this Agreement if the Project is valued at less than the Anticipated Development Value and/or is not developed within the time frame anticipated by the Developer resulting in the share of the Incremental TIF payable by the CRA pursuant to this Agreement being less than anticipated by Developer. Developer acknowledges and agrees that if the estimated Incremental TIF proves to be inaccurate, the same shall not relieve Developer of its obligations pursuant to this Agreement.
Development of Project. Redeveloper represents and agrees that its undertakings, pursuant to this Redevelopment Agreement, have been, are, and will be, for the purpose of redevelopment of the Project Site and not for speculation in land holding.
Development of Project. Tenant has submitted and Landlord has approved the general plans for the development of the Project. Tenant shall proceed with due diligence, at Tenant’s sole cost and expense except as otherwise may be agreed to in writing by the parties, to develop, or cause to be developed, architectural designs, plans and specifications for the design, construction and managing the Project (the "Development Documents”). The plans for the development of the Project and related matters, including, but not limited to any interior or exterior improvements shall at all times be subject to the approval of Landlord, which approval shall not unreasonably be withheld, conditioned or delayed. Without limiting the foregoing, the Project shall include, under all circumstances, at least 122 Residential Dwelling Units, of which 121 such Units shall be Affordable Dwelling Units. Tenant shall submit the proposed final Development Documents to Landlord for approval, and Landlord shall have thirty
