Common use of Cost Sharing Agreement Clause in Contracts

Cost Sharing Agreement. Buyer acknowledges that Seller has assumed certain obligations under that certain Paradise Valley Infrastructure Cost Sharing Agreement dated October 20, 1989 ("Cost Sharing Agreement") with Arcadia Homes and Winncrest Development. This Cost Sharing Agreement provides for the completion of all infrastructure, common amenities, landscaping and other similar items on parcels at the Paradise Valley project. Seller shall remain responsible for completion of its responsibilities under the Cost Sharing Agreement with respect to the Property. Buyer covenants and agrees (i) to cooperate in, and not to interfere with, the full and complete implementation of the Cost Sharing Agreement and (ii) to supply Seller with any information on actual or estimated costs of improvements as may be requested and required by Seller for reporting purposes under the Cost Sharing Agreement.

Appears in 4 contracts

Samples: Purchase Agreement (Homefed Corp), Purchase Agreement (Homefed Corp), Purchase Agreement (Homefed Corp)

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Cost Sharing Agreement. Buyer acknowledges that Seller has assumed certain obligations under that certain Paradise Valley Infrastructure Cost Sharing Agreement dated October 20, 1989 ("Cost Sharing Agreement") with Arcadia Homes and Winncrest Development. This The Cost Sharing Agreement provides for the completion of all infrastructure, common amenities, landscaping and other similar items on parcels at the Paradise Valley project. Seller shall remain responsible for completion for, and agrees to complete in a timely manner, all of its responsibilities Seller's obligations under the Cost Sharing Agreement with respect Agreement, including, without limitation, those obligations pertaining to or affecting the Property. Buyer covenants and agrees (i) to cooperate in, and not to interfere with, the full and complete implementation of the Cost Sharing Agreement and (ii) to supply Seller with any information on actual or estimated costs of improvements as may be requested and required by Seller for reporting purposes under the Cost Sharing Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Homefed Corp)

Cost Sharing Agreement. Buyer acknowledges that Seller has assumed certain obligations under that certain Paradise Valley Infrastructure Cost Sharing Agreement dated October 20, 1989 ("Cost Sharing Agreement") with Arcadia Homes and Winncrest Development. This Cost Sharing Agreement provides for the completion of all infrastructure, common amenities, landscaping and other similar items on parcels at the Paradise Valley project. Seller shall remain responsible for completion of its responsibilities under the Cost Sharing Agreement with respect to the Property. Buyer covenants and agrees agrees (i) to cooperate in, and not to interfere with, the full and complete implementation of the Cost Sharing Agreement and (ii) to supply Seller with any information on actual or estimated costs of improvements as may be requested and required by Seller for reporting purposes under the Cost Sharing Agreement.

Appears in 1 contract

Samples: Option to Purchase Real Property (Homefed Corp)

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Cost Sharing Agreement. Buyer acknowledges that Seller has assumed certain obligations under that certain Paradise Valley Infrastructure Cost Sharing Agreement dated October 20, 1989 ("Cost Sharing Agreement") with Arcadia Homes and Winncrest Development. This Cost Sharing Agreement provides for the completion of all infrastructure, common amenities, landscaping and other similar items on parcels at the Paradise Valley project. Seller shall remain responsible for the completion of its responsibilities under the Cost Sharing Agreement with respect to the Property. Buyer covenants and agrees (i) to cooperate in, and not to interfere with, the full and complete implementation of the Cost Sharing Agreement and (ii) to supply Seller with any information on actual or estimated costs of improvements as may be requested and required by Seller for reporting purposes under the Cost Sharing Agreement.

Appears in 1 contract

Samples: Option to Purchase Agreement (Homefed Corp)

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