Common use of PHASED DEVELOPMENT Clause in Contracts

PHASED DEVELOPMENT. Developer intends to develop the Property in phases. Portions of the Property not under active development may remain in use as income- producing agricultural lands or as open space land.

Appears in 4 contracts

Sources: Development and Consent Agreement, Development and Consent Agreement, Development and Consent Agreement

PHASED DEVELOPMENT. Developer intends to develop the Property in phases. Portions of the Property Land not under active development may remain in use as income- producing agricultural lands or as open space land.

Appears in 2 contracts

Sources: Development and Consent Agreement, Development and Consent Agreement