TIC Documents definition

TIC Documents means the Tenant in Common Agreement, the TIC Management Agreement, and the Trust Agreement entered into or to be concurrently entered into by the Beneficiaries that govern the relationship among the Beneficiaries with respect the Property and the construction of the Project.
TIC Documents means the Amended and Restated Tenancy in Common Agreement, the Amended and Restated TIC Management Agreement, the Amended and Restated Trust Agreement and the Owner LLC Agreement entered into or to be concurrently entered into by the Beneficiaries that govern the relationship among the Beneficiaries with respect to the Property and the construction of the Project.

Examples of TIC Documents in a sentence

  • Developer acknowledges the existence of, and agrees to be bound by, and perform in accordance with, the terms of, the TIC Documents, including the delegation of certain rights by the Beneficiaries to one or more of the Beneficiaries or to one or more managers appointed by such Beneficiaries thereunder.

  • Except as otherwise provided herein and in the TIC Documents, Owner agrees that Owner will provide, as and when necessary, all such amounts as are required to pay when due all current obligations of Owner in connection with the development and construction of the Project and the performance of the Development Work, including all obligations of Owner to Developer hereunder.

  • Except as otherwise provided in this Agreement, the TIC Documents and the LLC Agreement, all costs and expenses incurred in connection with the development of the Development Work shall be the sole responsibility of Owner.

  • This Agreement contains the entire understanding among the parties and supersedes any prior understanding and agreements between them respecting the within subject matter, subject only to the TIC Documents and the LLC Agreement.

  • This Agreement contains the entire understanding among the parties and supersedes any prior understanding and agreements between them respecting the within subject matter (including the Original Development Agreement), subject only to the TIC Documents and the LLC Agreement.