Development Work-in-Progress definition

Development Work-in-Progress means the Due Diligence Materials and the Seller’s development work relating to the Project; and

Examples of Development Work-in-Progress in a sentence

  • After the Buyer waives or declares fulfilled all conditions precedent for its benefit, the Seller will assign to the Buyer all the Due Diligence Materials and the Development Work-in-Progress and thereafter the Buyer will have exclusive authority to lodge re-zoning, subdivision and development-related applications with the municipality relating to the Property.