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Common use of Conditions to the Effectiveness of this Agreement Clause in Contracts

Conditions to the Effectiveness of this Agreement. Contemporaneously with the execution of this Agreement, and as a precondition to the effectiveness of this Agreement, to the extent they have not already done so, the Developer will submit the following documents to the City: (a) a copy of the Developer’s Articles of Organization and a good standing certificate dated within one week of the date of this Agreement, each certified by the Secretary of State of the State of Kansas; (b) a certified copy of the Operating Agreement of the Developer; (c) a list of each member of the Developer and the associated percentage ownership, and if such member is not an individual, the individual owners and percentage ownership of such member; (d) the Site Plan attached hereto as Exhibit C; (e) a duly executed copy of the TIF Shortfall Guaranty attached hereto as Exhibit K; (f) a legal opinion from counsel to the Developer in form and substance acceptable to the City covering: (i) the due organization of the Developer and the power and authority of the Developer to execute this Agreement, and (ii) the enforceability of this Agreement against the Developer.

Appears in 1 contract

Samples: Development Agreement

Conditions to the Effectiveness of this Agreement. Contemporaneously with the execution of this Agreement, and as a precondition to the effectiveness of this Agreement, to the extent they have not already done so, the Developer will submit the following documents to the City: (a) a copy of the Developer’s Articles of Organization and a good standing certificate dated within one week of the date of this Agreement, each certified by the Secretary of State of the State of Kansas; (b) a certified copy of the Operating Agreement of the Developer; (c) a list of each member of the Developer and the associated percentage ownership, and if such member is not an individual, the individual owners and percentage ownership of such member; (d) a title commitment or certificate of title for the area within the District evidencing that such property is owned by the Developer; and if not, a copy or copies of purchase agreements between the owner of such property and the Developer; (e) the Site Plan attached hereto as Exhibit C; (e) a duly executed copy of the TIF Shortfall Guaranty attached hereto as Exhibit K;A; and (f) a legal opinion from counsel to the Developer in form and substance acceptable to the City covering: (i) the due organization of the Developer and the power and authority of the Developer to execute this Agreement, and (ii) the enforceability of this Agreement against the Developer.

Appears in 1 contract

Samples: Development Agreement

Conditions to the Effectiveness of this Agreement. Contemporaneously with the execution of this Agreement, and as a precondition to the effectiveness of this Agreement, to the extent they have not already done so, the Developer will submit the following documents to the City: (a) a copy of the Developer’s Articles of Organization and a good standing certificate dated within one week of the date of this Agreement, each certified by the Secretary of State of the State of Kansas; (b) a certified copy of the Operating Agreement of the Developer; (c) a list of each member of the Developer and the associated percentage ownership, and if such member is not an individual, the individual owners and percentage ownership of such member; (d) a duly executed copy of the Site Plan attached hereto as Exhibit COption to Purchase Agreement; (e) a duly executed copy of the TIF Shortfall Guaranty Parking Agreement; (f) the Site Plan attached hereto as Exhibit K;B; and (fg) a legal opinion from counsel to the Developer in form and substance acceptable to the City covering: (i) the due organization of the Developer and the power and authority of the Developer to execute this Agreement, and (ii) the enforceability of this Agreement against the Developer.

Appears in 1 contract

Samples: Development Agreement

Conditions to the Effectiveness of this Agreement. Contemporaneously with the execution of this AgreementAgreement (unless otherwise noted), and as a precondition to the effectiveness of this Agreement, to the extent they have not already done so, the Developer will submit the following documents to the City: (a) a copy of the Developer’s Articles of Organization and a good standing certificate dated within one week of the date of this Agreement, each certified by the Secretary of State of the State of Kansas; (b) a certified copy of the Operating Agreement of the Developer; (c) a list of each member of the Developer and the associated percentage ownership, and if such member is not an individual, the individual owners and percentage ownership of such member; (d) evidence satisfactory to the City that the Developer has acquired marketable fee title to the Property within 10 days of such acquisition, along with a duly executed copy of the Petition attached hereto as Exhibit B; (e) the Site Plan attached hereto as Exhibit C; (e) a duly executed copy of the TIF Shortfall Guaranty attached hereto as Exhibit K;; and (f) a legal opinion from counsel to the Developer in form and substance acceptable to the City covering: (i) the due organization of the Developer and the power and authority of the Developer to execute this Agreement, and (ii) the enforceability of this Agreement against the Developer.

Appears in 1 contract

Samples: Development Agreement

Conditions to the Effectiveness of this Agreement. Contemporaneously with the execution of this Agreement, and as a precondition to the effectiveness of this Agreement, to the extent they have not already done so, the Developer will submit the following documents to the City: (a) a copy of the Developer’s Articles of Organization and a good standing certificate dated within one week ten days of the date adoption of this Agreementthe Approving Resolution, each certified by the Secretary of State of the State of Kansas; (b) a certified copy of the Operating Agreement of the Developer; (c) a list of each member Principal of the Developer and the their associated percentage ownership, and if such member is not an individual, the individual owners and percentage ownership of such member; (d) the Site Plan attached hereto as Exhibit C; (ec) a duly executed copy of the TIF Shortfall Guaranty Real Estate Purchase Agreement attached hereto as (d) the Conceptual Site Plan attached hereto as Exhibit KB; (e) the Conceptual Project Budget attached hereto as Exhibit C; and (f) a legal opinion from counsel to the Developer in form and substance acceptable to the City covering: (i) the due organization of the Developer and the power and authority of the Developer to execute this Agreement, and (ii) the enforceability of this Agreement against the Developer.

Appears in 1 contract

Samples: Development Agreement