Project Timing. Purchaser shall commence construction on the Project as described herein no later than December 31, 2014; and the Kroger grocery and multi-department store will be open for business no later than December 31, 2015. Purchaser shall not be obligated to build or operate the project contemplated herein. If Purchaser does not commence construction or open for business then Seller shall have revision rights as described in 7.7 herein.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase, Sale, and Development Agreement