Common use of Directory Maps Clause in Contracts

Directory Maps. Certain directory maps (the "Directory Maps") have been installed by Mission, at its cost and expense, at various entry points into Highlands Ranch, which are of a size, type, design, number, content and at such locations as Mission has determined in its sole discretion may determine. The Directory Maps show the locations of various projects in Highlands Ranch. Directory Maps showing the location of projects shall include, at Mission's cost and expense, either the name of Buyer or the name of Buyer's project 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 Buyer's discretion), shall elect.

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)