Existing Development Agreement definition
Examples of Existing Development Agreement in a sentence
In the event of any conflict between the terms contained in this Amendment and the Existing Development Agreement, the terms herein contained shall supersede and control the obligations and liabilities of the parties.
Existing or future development on the Hospital Parcel will continue to comply with the water resource protection measures set out in the Existing Development Agreement, as revised and restated herein.
Each of Tenant and Landlord represents, warrants and covenants that, to the best of its knowledge, Landlord and Tenant are not in default of any of their respective obligations under the Existing Development Agreement and no event has occurred that, with the passage of time or the giving of notice (or both) would constitute a default by either Landlord or Tenant thereunder.
For purposes of this Amendment, capitalized terms shall have the meanings ascribed to them in the Existing Development Agreement unless otherwise defined herein.
Landlord, Tenant and Parent Company desire to modify and amend the Existing Development Agreement only in the respects and on the conditions hereinafter stated.
The term of the Existing Development Agreement was set to expire on March 20, 2027.
The Existing Development Agreement contemplated development of the entirety of the Property.
CCHC has contributed a one-time payment of $3,750 payable to the Barnstable County Treasurer to assist in the funding of a flushing study of ▇▇▇▇▇ Bay to calculate the critical nitrogen loading rate, consistent with the RPP in effect at the time of the approval of the Existing Development Agreement, which required a monetary contribution for said purpose.
Except as modified by this Amendment, the Existing Development Agreement and all the covenants, agreements, terms, provisions and conditions thereof shall remain in full force and effect and are hereby ratified and affirmed.
The Existing Development Agreement, as amended by this Amendment, is referred to collectively herein as the “Development Agreement.” From and after the date hereof, the term “Development Agreement,” as used in the Existing Development Agreement and Lease, shall mean the Existing Development Agreement, as amended by this Amendment.