Common use of Redevelopment Projects Clause in Contracts

Redevelopment Projects. From and after the Effective Time, SITC shall cause the applicable members of the SITC Group to (a) take, at its own expense, all actions reasonably necessary to complete the renovation or redevelopment of the CURB Properties set forth on Schedule 8.3 (the “Redevelopment Projects”), in each case, substantially in accordance with the plans and specifications and other terms and conditions (including as to scope of work, standard of care, timing for completion and inspection rights) attached to Schedule 8.3, and (b) keep a designated representative of CURB reasonably informed with respect to the progress of such Redevelopment Projects as further set forth on Schedule 8.3. SITC (or the applicable member of the CURB Group) shall bear all costs and expenses in connection with all Redevelopment Projects, including the cost and expense of preparing the applicable property for redevelopment, application or review fees, attorneys’ fees and other costs and expenses incurred in connection with such Redevelopment Projects.