Common use of Utility Adjustment Agreements Clause in Contracts

Utility Adjustment Agreements. The Authority shall be responsible for negotiating, preparing and executing each Master Utility Agreement. Developer shall be responsible for negotiating, preparing and executing Utility Adjustment Agreements to accomplish the Utility Adjustments in accordance with the Project Documents and each relevant Master Utility Agreement. The Authority agrees to cooperate as reasonably requested by Developer in preparing, and to provide its reasonable assistance in good faith in connection with the negotiation of, any such Utility Adjustment Agreements and the resolution of any disputes with the Utility Owners in connection with the Utility Adjustment Agreements. All Utility Adjustment Agreements shall be: (a) reasonably acceptable to the Authority in form and substance; (b) consistent with the requirements of the Project Documents and Master Utility Agreement related to the applicable Utility Adjustment; and (c) submitted to the Authority as provided in Section 6 (Utilities) of the Requirements and Provisions for Work.