Sweetwater Park Contracts Sample Clauses

Sweetwater Park Contracts. 2.3.4.1. Port District shall include in each Sweetwater Park Design Contract (or, to the extent that any Sweetwater Park Design Contract exists as of the Effective Date, amend such Sweetwater Park Design Contract to include): (a) a provision that permits Port District (or its successors or assignees) or Developer to terminate such Sweetwater Park Design Contract for convenience upon not more than ten (10) days’ prior written notice, (b) to the extent applicable, a provision that Developer is entitled to use any drawings, plans or specifications prepared under such Sweetwater Park Design Contract in connection the construction or development of Sweetwater Park, and (c) the following provision with appropriate conforming modifications: “[Contractor] consents to the assignment of [Port District’s] rights and obligations in this [Sweetwater Park Design Contract] by [Port District] to RIDA Chula Vista, LLC, its assigns and/or its lenders and their respective assigns (“RIDA Parties”), and agrees that the warranties and obligations hereunder shall inure to the benefit of RIDA Parties, all as if RIDA Parties were a party of this [Sweetwater Park Design Contract]. Such assignment will be effective when a RIDA Party delivers to [Contractor] and [Port District] a notice accepting such assignment and assuming Port District’s obligations under this [Sweetwater Park Design Contract] from and after the date of such notice. From and after Contractor’s receipt of such notice, [Contractor] will treat such RIDA Party as the [Port District] under this [Sweetwater Park Design Contract].” To the extent that Developer assumes Port District’s obligations under any Sweetwater Park Design Contract, Developer may pay any amounts that are owing to the counterparty under such Sweetwater Park Design Contract which result from a breach by Port District under such Sweetwater Park Design Contract, and such payments shall constitute Developer’s Phase 1A Infrastructure Improvements Costs. Unless Developer does not exercise the First Sweetwater Park Option prior to the First Sweetwater Park End Date and does not exercise the Second Sweetwater Park Option prior to the Second Sweetwater Park End Date, Port District shall neither assign nor terminate any Sweetwater Park Design Contract without Developer’s prior written consent, which shall not be unreasonably withheld or delayed.
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Related to Sweetwater Park Contracts

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  • Project contract 1. For each approved project a project contract shall be concluded between the Programme Operator and the Project Promoter.

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  • Contracts and Subgrants Grantee may not, without Agency’s prior written consent, enter into any contracts or subgrants for any of the Project activities required of Grantee under this Grant. Agency’s consent to any contract or subgrant will not relieve Grantee of any of its duties or obligations under this Grant.

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