LDDA definition
Examples of LDDA in a sentence
Requests for said services shall be made by the Executive Director or LDDA designee or the Chair of the DDA Board.
The Guarantor has received a copy of the LDDA, as executed or in substantially the form to be executed, and is satisfied with all of the terms and conditions thereof.
However, where it states in the purchasing rules that contracts must be approved by City Council, DDA contracts will be approved by the LDDA Board.
Notwithstanding anything to the contrary contained in this Agreement, if a Transferee defaults under this Agreement or any Vertical DDA, LDDA or Ground Lease, as applicable, such default shall not constitute a default by Developer with respect to any other portion of the Project Site hereunder and shall not entitle City to terminate or modify this Agreement with respect to such other portion of the Project Site except to the extent that termination is allowed under the DDA.
The City may, without notice, assign this Guaranty or the LDDA, or any sums payable thereunder.
Guarantor hereby absolutely, unconditionally and irrevocably guarantees to the Beneficiary, for the benefit of the Beneficiary the performance of each and every obligation of the Developer under the LDDA, as modified or amended in accordance with its terms, with respect to the development of the Project.
The Market Manager, who reports to the Executive Director of the LDDA, shall have management responsibility for the daily operations of the DFCM.
In executing and delivering this Guaranty, the Guarantor has relied on its own review of the LDDA and not on any representation or statement of the City or any other person.
Notwithstanding any renewal, extension or holding over of the LDDA, this Guaranty shall continue until all of the Obligations have been satisfied.
The hours of operation may be changed, when required, at the discretion of the LDDA and/or at the request of the City.