Common use of Directional Signs Clause in Contracts

Directional Signs. Mission agrees to install, at its cost and expense, at least three directional signs (the "Directional Signs") at various locations within Highlands Ranch, which shall be of a size, type, design, number, content and at such locations as Mission in its sole discretion may determine, which shall contain either the name of Buyer or the name of the project of Buyer to be developed on the Property, whichever Buyer, at Buyer's option to be exercised by written notice given to Mission prior to Closing (failing which exercise Mission may make such selection in its discretion), shall elect and may contain the name of any other project located within Highlands Ranch and the developer thereof (including, if applicable, Mission).

Appears in 2 contracts

Sources: Vacant Land Purchase and Sale Agreement (Wellsford Residential Property Trust), Vacant Land Purchase and Sale Agreement (Equity Residential Properties Trust)