Common use of Compulsory Acquisition Clause in Contracts

Compulsory Acquisition. If the Developer fails to transfer or dedicate the Transfer Land to the City in accordance with 0 of this document then the City may compulsorily acquire that land for the amount of $1.00 in accordance with the Land Acquisition (Just Terms Compensation)

Appears in 2 contracts

Samples: Planning Agreement, Planning Agreement

AutoNDA by SimpleDocs

Compulsory Acquisition. If the Developer fails to transfer or dedicate the Transfer Land to the City in accordance with 0 of this document then the City may compulsorily acquire that land for the amount of $1.00 in accordance with the Land Acquisition (Just Terms Compensation)

Appears in 2 contracts

Samples: Planning Agreement, Planning Agreement

AutoNDA by SimpleDocs

Compulsory Acquisition. If the Developer fails to transfer or dedicate the Transfer Land to the City in accordance with 0 Schedule 3 of this document then the City may compulsorily acquire that land for the amount of $1.00 in accordance with the Land Acquisition (Just Terms Compensation)

Appears in 1 contract

Samples: Planning Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!