Future Development. Buyer is aware that the Property may be affected by future development of property in the neighborhood or surrounding areas and the Property may be subject to building and development restrictions and conditions. Buyer is advised to consult with appropriate government agencies and shall rely solely upon Buyer’s own investigations to determine future development or planning and its potential impact on the Property. Buyer is advised that the Universal Studios and Xxxxxx Ranch areas are in the process of major expansion at this time as are other areas located within City and County jurisdiction.
Future Development. If, after the Seventh Amendment Effective Date, the parties mutually desire for MobiTV to perform additional development for the MSO TV Services, the parties may add a statement of work to this Amendment by executing a statement of work that (1) is executed by authorized representatives of each party, (2) specifically references this Amendment, and (3) sets forth the applicable development efforts and corresponding delivery schedule, acceptance criteria, and financial terms. MobiTV will then use commercially reasonable efforts to further develop the MSO TV Services in accordance with such statement of work. If MobiTV deliverables under such statement of work are dependent on information, testing, and feedback from Sprint, Sprint will cooperate in good faith with MobiTV to timely provide such information, testing, and feedback.
Future Development. Development within the SAP shall proceed pursuant to the Regulating Plan and Design Guidelines, attached as Exhibit "B". The criteria to be used in determining whether future development shall be approved are consistent with the Comprehensive Plan, this Agreement and the SAP. The Comprehensive Plan, this Agreement and the SAP shall govern development of the Property for the duration of the Agreement. The City's laws and policies adopted after the Effective Date may be applied to the Property only if the determinations required by Section 163.3233(2), Florida Statutes (2012) have been made after 30 days written notice to Owner/Assignor and at a public hearing. Pursuant to Section 163.3233(3), Florida Statutes (2012), a prohibition on downzoning supplements, rather than supplants, any rights that may be vested to the Owner/Assignor under Florida or Federal law. As a result, the Owner/Assignor may challenge any subsequently adopted changes to land development regulations based on (a) common law principles including, but not limited to, equitable estoppel and vested rights, or (b) statutory rights which may accrue by virtue of Chapter 70, Florida Statutes (2012).
Future Development. Borrower shall not undertake any on-site construction, demolition or rehabilitation work at any Property (other than tenant improvements under leases approved by Agent or under leases which do not require Agent's consent and capital improvements on the Properties done in the ordinary course of business) without the prior written consent of Agent, which consent shall not be unreasonably withheld or delayed.
Future Development. Party Two shall not directly or indirectly acquire any interest in, or design, create, manufacture, sell or otherwise deal with any item or product, based upon or derived from the Confidential Information provided by Party One , except as may be expressly agreed to in writing by Party One .
Future Development. 3.1 The Owner agrees to restore and rehabilitate the brick heritage building for residential use prior to the subdivision and development phasing plan outlined in Schedule “B”.
Future Development. Tenant hereby acknowledges that Landlord may desire to develop the approximately 38 acres of land adjacent to the Land, as more fully described in Exhibit B attached hereto (the “Traville Future Development Land”) by constructing one or more buildings or other improvements thereon (the “Expansion Buildings”). In the event Landlord desires to construct the Expansion Buildings, Landlord shall give notice to Tenant describing its proposed development plan and consult with Tenant concerning such development; provided, however, Landlord shall make the final decision with respect to any such proposed development, in its sole and absolute discretion. In the event Landlord elects, in its sole discretion, to sell or transfer any right with respect to the future development of the Land, Landlord may do so in its sole discretion.