Common use of Vertical Construction Clause in Contracts

Vertical Construction. 4.1 Actions prior to Vertical Construction. During the Development Period, MRP, as Administrative Member, shall use commercially reasonable and diligent efforts to cause the Company and/or Development Manager (pursuant to the Development Agreement) to take the actions described in Sections 4.2 through 4.9 so that the Company is in a position to commence and perform V ertical Construction of the Project by the Vertical Target Date.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Patriot Transportation Holding Inc)

Vertical Construction. 4.1 Actions prior to Vertical Construction. During the Development Period, MRP, as Administrative Member, shall use commercially reasonable and diligent efforts to cause the Company and/or Development Manager (pursuant to the Development Agreement) to take the actions described in Sections 4.2 through 4.9 so that the Company is in a position to commence and perform V ertical Vertical Construction of the Project by the Vertical Target Date.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Patriot Transportation Holding Inc)