Common use of Developer’s Obligations Clause in Contracts

Developer’s Obligations. Subject to Section 6, Developer shall: (a) acquire the Project Site at or prior to Closing; (b) make or cause to be made the payments required by the Developer Obligations Agreement; (c) obtain the Project Loan; (d) construct and complete the Project (or cause same to occur) in accordance with the Final Documents and Drawings and this Agreement by or before the Final Date; (e) obtain all Required Permits; (f) execute and perform the Ancillary Agreements; (g) make the Developer’s Equity Contribution in the Project; (h) maintain, repair, replace and keep the Tax Minimum Area in good condition and repair; in each case subject to the terms and conditions of this Agreement and the Ancillary Agreements; upon City’s request, provide City access to Developer’s books and records to verify the Developer’s Equity Contribution; and (i) perform its other obligations set forth herein.

Appears in 4 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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