Common use of Approvals by Developer Clause in Contracts

Approvals by Developer. Whenever the CDA Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision, and no standard is otherwise provided, then such approval, consent, determination or decision shall not be unreasonably withheld, conditioned or delayed. Whenever the CDA Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision in Developer’s discretion, then Xxxxxxxxx’s decision shall be final, binding and not subject to dispute resolution.

Appears in 3 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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Approvals by Developer. Whenever the CDA Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision, and no standard is otherwise provided, then such approval, consent, determination or decision shall not be unreasonably or arbitrarily withheld, conditioned or delayed. Whenever the CDA Documents indicate that a matter is subject to Developer’s approval, consent, determination or decision in Developer’s discretion, then Xxxxxxxxx’s decision shall be final, binding and not subject to dispute resolution.

Appears in 2 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement

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