Common use of Subsequent Phases Clause in Contracts

Subsequent Phases. The Parties acknowledge that additional phases may be accomplished over time and in a variety of configurations. If Developer elects to proceed with subsequent phases of the Phased Improvements, the Parties will meet and confer to amend the Lease to reflect any changes to the Scope of Development, Schedule of Performance and Phased Improvement Milestones, and Construction Schedules as incorporated in the Lease.

Appears in 2 contracts

Sources: Lease Disposition and Development Agreement, Lease Disposition and Development Agreement