Common use of Closing of D-2 Block Clause in Contracts

Closing of D-2 Block. 1. The closing for the D-2 Block (the “D-2 Block Closing”) shall occur within thirty (30) days of receipt by US2 of (a) final agreement with the MBTA with respect to the T Easement Area, (b) the building permit for the first Phase of the D-2 Block, (c) the MEPA Approvals (as hereinafter defined), (d) evidence of the City’s funding of the required offsite infrastructure for the D-2 Block as set forth on EXHIBIT M and (e) a copy of the executed construction contract for such portion of the foregoing required offsite infrastructure needed to occupy the D-2 Block, or such earlier date agreed upon in writing between the SRA and US2 (the “D-2 Block Closing Date”), provided however, in no event shall the D-2 Block Closing occur before the Development Covenant is fully-executed and recorded (which recordation may take place as part of the D-2 Block Closing), and the City- Owned D-2 Parcel Conditions to Close (as hereinafter defined) have occurred. US2 or the D-2 Developer (as applicable), shall acquire the D-2 Block by accepting delivery of a release deed in substantially the form attached hereto as EXHIBIT A (the “D-2 Block Deed”) and paying to the SRA the D-2 Block Closing Payment as set forth above. On or before the X-0 Xxxxx Xxxxxxx, XX0 or the D-2 Developer shall deliver fully-executed and acknowledged (where applicable) versions of US2’s D-2 Closing Deliveries.

Closing of D-2 Block. 1. The closing for the D-2 Block (the “D-2 Block Closing”) shall occur within thirty (30) days of receipt by US2 of (a) final agreement with the MBTA with respect to the T Easement Area, (b) the building permit for the first Phase of the D-2 Block, (c) the MEPA Approvals (as hereinafter defined), (d) evidence of the City’s funding of the required offsite infrastructure for the D-2 Block as set forth on EXHIBIT M and (e) a copy of the executed construction contract for such portion of the foregoing required offsite infrastructure needed to occupy the D-2 Block, or such earlier date agreed upon in writing between the SRA and US2 (the “D-2 Block Closing Date”), provided however, in no event shall the D-2 Block Closing occur before the Development Covenant is fully-executed and recorded (which recordation may take place as part of the D-2 Block Closing), and the City- City-Owned D-2 Parcel Conditions to Close (as hereinafter defined) have occurred. US2 or the D-2 Developer (as applicable), shall acquire the D-2 Block by accepting delivery of a release deed in substantially the form attached hereto as EXHIBIT A (the “D-2 Block Deed”) and paying to the SRA the D-2 Block Closing Payment as set forth above. On or before the X-0 Xxxxx Xxxxxxx, XX0 or the D-2 Developer shall deliver fully-executed and acknowledged (where applicable) versions of US2’s D-2 Closing Deliveries.

Closing of D-2 Block. 1. The closing for the D-2 Block (the “D-2 Block Closing”) shall occur within thirty (30) days of receipt by US2 of (a) final agreement with the MBTA with respect to the T Easement Area, (b) the building permit for the first Phase of the D-2 Block, (c) the MEPA Approvals (as hereinafter defined), (d) evidence of the City’s funding of the required offsite infrastructure for the D-2 Block as set forth on EXHIBIT M and (e) a copy of the executed construction contract for such portion of the foregoing required offsite infrastructure needed to occupy the D-2 Block, or such earlier date agreed upon in writing between the SRA and US2 (the “D-2 Block Closing Date”), provided however, in no event shall the D-2 Block Closing occur before the Development Covenant is fully-executed and recorded (which recordation may take place as part of the D-2 Block Closing), and the City- Owned D-2 Parcel Conditions to Close (as hereinafter defined) have occurred. US2 or the D-2 Developer (as applicable), shall acquire the D-2 Block by accepting delivery of a release deed in substantially the form attached hereto as EXHIBIT A (the “D-2 Block Deed”) and paying to the SRA the D-2 Block Closing Payment as set forth above. On or before the X-0 Xxxxx XxxxxxxD-2 Block Closing, XX0 US2 or the D-2 Developer shall deliver fully-executed and acknowledged (where applicable) versions of US2’s D-2 Closing Deliveries.