Common use of Future Expansion Clause in Contracts

Future Expansion. Buyer has informed Seller that it intends to expand the number of campground cabins and boat storage spaces on site after the Closing and may seek approvals for such expansion of the Land as a recreational vehicle resort, campground, marina, and boat storage facility. Seller agrees, for itself, its successors and assigns, and any entity controlled by any of Seller, not to oppose, appear in opposition to or support opposition to Buyer or any entity controlled by or affiliated with Buyer with respect to any application for zoning and building permits or changes to any zoning ordinance, including, without limitation, applications for special permits or variances, with respect to such expansion and/or year-round operation.

Appears in 2 contracts

Sources: Agreement for Sale and Purchase, Sale and Purchase Agreement (Tower Park Marina Investors Lp)