Pending Development definition
Examples of Pending Development in a sentence
The notice of the existence of a Pending Development shall remain confidential to such Holder until such information otherwise becomes public, unless disclosure by the Holder is required by law and provided that notwithstanding such Holder’s agreement to keep such information confidential, each such Holder makes no acknowledgment that any such information is material.
Each Pending Development Plan, if consummated could result in the expansion of the Service Area.
Seller provides no assurances whatsoever that any development or expansion of the Service Area associated with any Pending Development Plan will actually be undertaken or completed.
Pending Development Plan Agreements / Future Developments 36 Article X.
Schedule 4.19 sets forth a full and complete list of all Pending Development Plans as of the Effective Date.
Unless disclosure of the Pending Development is required to be made by a Holder by law, the existence of a Pending Development shall remain confidential to the Holders until the Pending Development is, or becomes, readily available to the public other than through a breach of the obligations set forth herein.
Seller shall enforce all of its rights and the counterparties’ obligations under any agreements relating to Pending Development Plans in existence as of the Effective Date, which shall not be amended without notice to and the consent of Buyer, which consent shall not be unreasonably withheld and such consent shall be provided by Buyer to Seller within fifteen (15) days of notice from Seller or this consent requirement shall be deemed waived by Buyer after such date.
Buyer and the Municipality acknowledge that from the time of the Effective Date, the Municipality shall continue to administer, and perform its duties and responsibilities with respect to the Pending Development Plans set forth on Schedule 4.19.