General Development Agreement definition
Examples of General Development Agreement in a sentence
The Company shall cause construction of the Casino to be prosecuted with diligence and continuity in a good and workmanlike manner in accordance with the Plans, subject to Force Majeure (as defined in the General Development Agreement).
The parties hereto understand and agree that the requirements for the General Development Agreement, Amended Master Plan and the Final Development Agreement are binding on the successors, assigns, and transferees of BH Development.
During the construction of the improvements pursuant to the General Development Agreement, the Casino Operator shall maintain or cause to be maintained Builder's Risk Insurance on an "All Risk" form, including fire and extended coverage.
The Company shall cause construction ------------- of the Casino to be prosecuted with diligence and continuity in a good and workmanlike manner in accordance with the Plans, subject to Force Majeure (as defined in the General Development Agreement).
The Casino Operator shall timely perform all of its obligations under each of the Essential Agreements, the Casino Lease and the General Development Agreement and shall not default or suffer a default under any Essential Agreements, the Casino Lease or the General Development Agreement if a default would adversely affect the Casino Operator's ability to perform any of its obligations under this Casino Operating Contract.
The Guarantors have been requested to enter into Completion Guarantees (collectively, the "Completion Guarantees," and individually, a "Completion Guarantee") for the purposes of (i) the New Bonds and the New Contingent Bonds, (ii) the General Development Agreement, (iii) the Casino Operating Contract, and (iv) the Credit Agreement.
This GDA amends in its entirety that certain Amended General Development Agreement dated March 15, 1994 (the "Initial GDA") by and between RDC and ▇▇▇▇▇▇'▇ Jazz Company, a Louisiana general partnership ("▇▇▇▇▇▇'▇ Jazz Company"), and the City.
That this Final Development Agreement for Phase 3 is intended to and insures that all development within the proposed area shall comply with all applicable Lawrence County Ordinances and Building Codes, as contemplated by the General Development Agreement unless a variance or exception are approved by the appropriate Lawrence County official, board, or commission.
City and Developer desire to enter into this Agreement to set forth responsibilities of the parties necessary to implement the obligations of each party under the General Development Agreement with respect to the Project (hereinafter defined) set forth in this Agreement.
First Amendment to General Development Agreement dated April 32007.