Retail Grocery Store Sample Clauses

Retail Grocery Store. The Developer shall use all commercially reasonable efforts throughout the Project’s construction and for two years following the Project’s completion to secure a ten-year in-person grocery store lease term from a qualified, experienced grocery store operator. In the event Developer is unsuccessful in securing a qualified grocery store lease within the two-year period following receipt of the Project’s Certificate of Occupancy, Developer shall then use all commercially reasonable efforts during an additional three-year period to secure a qualified and experienced food retail tenant. In the event that the Developer is unsuccessful in securing either a qualified grocery store lease or a qualified in-person food retail tenant within five years following receipt of the Project’s Certificate of Occupancy, the Developer shall then use all commercially reasonable efforts during an additional five-year period to secure a qualified and experienced retail tenant. Developer shall give preference to tenants that provide products rather than services. During this total ten-year period, the retail space must remain vacant except for the uses specified in this section of this Agreement. The Developer may sign one or more leases to fill the retail space provided that those leases comply with the provisions of this agreement.
Sample 1
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