Common use of Development Period Clause in Contracts

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 10 months starting from the date of NoA. The development period shall be 108 months which shall include the period of 10 months for obtaining requisite approvals and said also include the period within which the developer shall allot the housing units/apartments to the end users and sign the lease agreement as set out in the agreement.

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 10 6 months starting from the date of NoA. The development period shall be 108 60 months which shall include the period of 10 6 months for obtaining requisite approvals and said also include the period within which the developer shall allot the housing units/apartments to the end users and sign the lease agreement as set out in the agreementapprovals.

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 10 months 1 (one) year starting from the date of NoA. signing of this Agreement. The development period shall be 108 ( ) months which shall include the period of 10 12 months for obtaining requisite approvals and said also include the period within which the developer shall allot the housing units/apartments to the end users and sign the lease agreement as set out in the agreementapprovals.

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 10 12 months starting from the date of NoA. The development period shall be 108 84 months which shall include the period of 10 12 months for obtaining requisite approvals and said also include the period within which the developer shall allot the housing units/apartments to the end users and sign the lease agreement as set out in the agreement. Development Period & Milestones: As per Schedule – “F”, Part – D of Tender.