Common use of Unallocated Community Benefit Commitment Clause in Contracts

Unallocated Community Benefit Commitment. Developer shall provide additional funding as a community benefit in the amount of three and 06/100 dollars ($3.06) per gross square foot of office development, to be paid upon issuance of a Temporary Certificate of Occupancy for an office Building.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Unallocated Community Benefit Commitment. Developer shall provide additional funding as a community benefit in the amount of three and 06/100 17/100 dollars ($3.063.17) per gross square foot of office development, to be paid upon issuance of a Temporary Final Certificate of Occupancy for an office Building.

Appears in 1 contract

Sources: Development Agreement