Development Properties Clause Samples

Development Properties. Schedule 2.21 of the Wellsford Disclosure Letter lists all agreements entered into by Wellsford or any of the Wellsford Subsidiaries relating to the development or construction of, or additions or expansions to, any real properties which are currently in effect and under which Wellsford or any of the Wellsford Subsidiaries currently has, or expects to incur, an obligation in excess of $250,000. True and correct copies of such agreements have previously been delivered or made available to EQR.

Development Properties. 18 2.22 EQR Shares of Beneficial Interest................................ 18 2.23 Investment Company Act of 1940................................... 18

Development Properties. 22 2.23 Investment Company Act of 1940............................................................................23 2.24 Trademarks, Patents and Copyrights........................................................................23 2.25 Insurance.................................................................................................23 2.26 Definition of Knowledge of Merry Land.....................................................................23 2.27

Development Properties. Schedule 2.22 to the Merry Land Disclosure Letter lists all agreements entered into by Merry Land or any of the Merry Land Subsidiaries relating to the development or construction of, or additions or expansions to, any real properties which are currently in effect.

Development Properties. Section 4.12(g) of the Company Disclosure Letter sets forth, as of the date of this Agreement, a list of each material Company Real Property that is, or is expected to be, the site of a facility for which activities have commenced or are expected to commence within the next 12 months to prepare the space for its intended use (each, a “Development Property”). With respect to each Development Property other than a Parent Development Property, the Company or a Subsidiary of the Company has obtained all material Permits which are necessary to permit the construction and development thereof in accordance with the Company’s plan as of the date of this Agreement.

Development Properties. Schedule 2.22 to the Merry Land Disclosure Letter lists all agreements entered into by Merry Land or any of the Merry Land Subsidiaries relating to the development or construction of, or additions or expansions to, any real properties which are currently in effect. As of the date hereof, Merry Land’s business plan to complete development of ▇▇▇▇▇▇▇ at Whitemarsh (Phase I) does not contemplate disbursement of funds to complete such development in addition to those provided through the loan for such development disclosed on Schedule 2.18(3) to the Merry Land Disclosure Letter.

Development Properties. Schedule 3 of the Agreement is hereby deleted in its entirety and replaced with the new Schedule 3 attached hereto and by this reference made a part of the Agreement.

Development Properties. True and correct copies of all financial statements and records relating to each of the properties known as the Windsor Pines, Hollywood Pines and Kirk▇▇▇ ▇▇▇perties, which properties are more fully described on Exhibit A-1 hereto (the "Development Properties"), or access thereto will be made available to AERC promptly after the execution of this Agreement.

Development Properties. (a) (i) Definition. The term “Development Property” means the Real Property listed on Schedule 4.2(c), except that: