Common use of Plan Packet Clause in Contracts

Plan Packet. Within sixty (60) days of the Effective Date, the Developer shall submit its proposed Building Plan, Construction Schedule, Construction Budget, and Sources and Uses Statement (all of which constitute the “Plan Packet”) to the Review Panel for review and approval. The Review Panel shall, after consultation with the Developer, provide notice of its approval or disapproval of the Plan Packet within ten (10) calendar days after receipt of the Plan Packet from the Developer. The Review Panel, in its sole and absolute discretion, may exercise reasonable discretion in approving or disapproving the Plan Packet, consistent with this Agreement, the Covenants and Restrictions, and thebuilding permit and zoning requirements. If the Review Panel disapproves of the Plan Packet, the Developer and the Review Panel shall meet to discuss the Review Panel’s concerns and options for modifying the Plan Packet to make it acceptable to the Review Panel.

Plan Packet. Within sixty (60) days of the Effective Date, the Developer shall submit its proposed Building Plan, Construction Schedule, Construction Budget, and Sources and Uses Statement (all of which constitute the “Plan Packet”) to the Review Panel for review and approval. The Review Panel shall, after consultation with the Developer, provide notice of its approval or disapproval of the Plan Packet within ten (10) calendar days after receipt of the Plan Packet from the Developer. The Review Panel, in its sole and absolute discretion, Panel may exercise reasonable discretion in approving or disapproving the Plan Packet, consistent with this Agreement, the Covenants Agreement and Restrictions, and thebuilding building permit and zoning requirements. If the Review Panel disapproves of the Plan Packet, the Developer and the Review Panel shall meet to discuss the Review Panel’s concerns and options for modifying the Plan Packet to make it acceptable to the Review Panel.

Plan Packet. Within sixty (60) days of the Effective Date, the Developer shall submit its proposed Building Plan, Construction Schedule, Construction Budget, and Sources and Uses Statement (all of which constitute the “Plan Packet”) to the Review Panel for review and approval. The Review Panel shall, after consultation with the Developer, provide notice of its approval or disapproval of the Plan Packet within ten (10) calendar days after receipt of the Plan Packet from the Developer. The Review Panel, in its sole and absolute discretion, may exercise reasonable discretion in approving or disapproving the Plan Packet, consistent with this Agreement, the Covenants Agreement and Restrictions, and thebuilding building permit and zoning requirements. If the Review Panel disapproves of the Plan Packet, the Developer and the Review Panel shall meet to discuss the Review Panel’s concerns and options for modifying the Plan Packet to make it acceptable to the Review Panel.