Development Term. This Agreement shall be for an initial term (the “Development Term”) commencing on the Effective Date and continuing until the earlier to occur of: (a) the fifth (5th) anniversary of the Effective Date or (b) the commencement of construction.
Appears in 1 contract
Sources: Solar Lease and Easement Agreement
Development Term. This Agreement shall be for an initial term (the “Development Term”) commencing on the Effective Date and continuing until the earlier to occur of: (a) the commencement of construction of permanent facilities on the Property, or (b) the fifth (5th) anniversary of the Effective Date or (b) the commencement of constructionDate.
Appears in 1 contract
Sources: Option for Solar Easement Agreement