Alone Non-Sales Tax Generating Uses Sample Clauses

Alone Non-Sales Tax Generating Uses. The Parties agree that the improvements and uses described in the initial FDP approved by the Town may include a maximum of two (2) single tenant stand-alone outparcel buildings containing non-Retail Uses (i.e., not sales tax generating) to be developed on the Property. Unless the FURA Board and Developer agree otherwise, a majority of square footage of the parcel containing approximately 12 acres adjacent to and south of Union Street shall be developed for Retail Uses. All other multi-tenant buildings in the Project must contain at least one (1) Retail Use at the time of initial occupancy. If any of the above requirements are violated during such period of initial occupancy, FURA may withhold the payment of Pledged Revenues generated only from the applicable violating parcel until the violation is cured and such a violation will be a default hereunder.
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