Developer Commitment definition

Developer Commitment means the proposal and commitments made by the Developer, as set out in Exhibit 3 (Developer’s Proposal Commitments).
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Examples of Developer Commitment in a sentence

  • If the City determines that Developer has not or cannot reasonably satisfy the Developer Commitment, the City may terminate the ERA designation, terminate the Abatement (or Developer's right to it).

  • The Commitment Amount for each Eligible Project set forth in Exhibit A is equal to the aggregate original principal balances of the Mortgage Loans encumbering Eligible Residences in the Eligible Project that are required to be delivered under the Act 124 Program by the Developer under its Developer Commitment Letter.

  • Code § 36-7-4-1335, in consideration for Developer causing the Improved Access to be constructed and repaving the Improvement Area (jointly, “Developer Commitment”), the City desires to issue Developer a road impact fee (“RIF”) credit in an amount equal to the cost incurred by Developer to satisfy the Developer Commitment.

  • Failure to satisfy the Developer Commitment by the Improvement Completion Date may result in the forfeiture of the RIF credits.

  • Two Dollars ($ 245,582.00 Developer shall use commercially reasonable efforts to fully and completely satisfy the Developer Commitment to the City’s reasonable satisfaction and shall provide the City proof of the cost to satisfy the Developer Commitment by or before November 28, 2015 (“Improvement Completion Date”).