Processing of Entitlements Sample Clauses
The Processing of Entitlements clause defines how rights, benefits, or payments owed to a party under an agreement are calculated, managed, and distributed. In practice, this clause outlines the procedures for determining when entitlements arise, the method and timing of their delivery, and any conditions or documentation required for processing. Its core function is to ensure that all parties understand the mechanisms for receiving what they are due, thereby reducing disputes and ensuring timely and accurate fulfillment of contractual obligations.
Processing of Entitlements. Developer processes Entitlements, including CEQA documentation, through DRB, Planning Commission, and City Council, and receives City Entitlements; followed by review and approval by Bay Conservation and Development Commission (BCDC) Initial 360 day period from end of Event No. 7
Processing of Entitlements. City shal I process Buyer's application for Entitlements as provided in Section l2.
Processing of Entitlements. RVJ shall be responsible for the processing of all governmental entitlements, at the sole expense of RVJ.
Processing of Entitlements. (a) SELLER covenants and agrees that SELLER will reasonably cooperate with BUYER in connection with the processing, by the Buyer Parties, of the Entitlements deemed necessary by BUYER for the development of the Property during Escrow. SELLER acknowledges that such cooperation shall include whatever actions may be reasonably necessary or helpful to enable the Buyer Parties to file for and process its entitlements. Such entitlements to be processed by the Buyer Parties may include, without limitation, the processing of an amendment to the general plan covering the Property, a zone change, a tentative subdivision map, a final subdivision map, an environmental impact report, receipt of the Notice of Determination as contemplated in Section 7(c)(3), above, associated development permits and related permits, including, without limitation, site plan approval and a building permit, agreements and approvals requested from the City of Chino or any other governmental agency having jurisdiction over the Property, all of the above in such a manner as BUYER may determine to be necessary or helpful to facilitate development of the Property as an economically viable project in accordance with the Proposed Development Plans, including any and all required Seller approvals of the final plans and specifications for implementing the Proposed Development Plans (if required) under the Comprehensive Land Use Plan – Chino Airport dated November, 1991, as amended (all of which being collectively referred to as the "Entitlements"). Such cooperation of SELLER shall include facilitating efforts of the Buyer Parties to enter into development agreements, investigate public financing and formation of special improvement districts, execution, as may be requested by the City of Chino or any other governmental agency having jurisdiction over the Property, of applications, permits or approvals required for the submittal of the Entitlements and, if applicable, executing the final map, if requested by BUYER, and providing the Buyer Parties access to the Property to perform any investigations or tests necessary for the processing of such Entitlements as contemplated in Section 6, above. The parties acknowledge that the intent of this provision is that SELLER will cooperate with BUYER and participate in such meetings if the City of Chino or other governmental agencies require the owner of the Property to be in attendance at such meetings. To the extent such attendance is required, BUYER will us...
Processing of Entitlements