Covenant to Redevelop Sample Clauses

Covenant to Redevelop. Upon DPD's approval of the Project Budget as provided in this Agreement, and CTA's receipt of all required building permits and governmental approvals, CTA shall complete the Project in accordance with this Agreement and all Exhibits attached hereto, the TIF Ordinances, the Scope Drawings, Plans and Specifications, Project Budget and all amendments thereto, and all federal, state and local laws, ordinances, rules, regulations, executive orders and codes applicable to the Project, the Property and/or CTA.
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Covenant to Redevelop. Upon DOH's approval of the Project Budget, the Plans and Specifications as provided in Sections 3.02 and 3.03 hereof, and the Developer's receipt of all required Buildings permits and governmental approvals, the Developer shall complete the Project in accordance with this Agreement and all Exhibits attached hereto, the TIF Ordinances, the Plans and Specifications, Project Budget and all amendments thereto, and all applicable federal, state and local laws, ordinances, rules, regulations, executive orders and codes. Specifically, the Developer shall: (a) construct the Buildings, the related improvements, and the Infrastructure Improvements; (b) finance the construction of the Project in accordance with Recital D using the Lender Financing and equity sources described in Exhibit H; (c) cause all applicable Lender Financing documents and the Recorded Affordability Documents to be recorded and amended in accordance with Recital D; (d) [INTENTIONALLY DELETED] (e) sell the Affordable For-Sale Units to Qualified Households at an Affordable Price (as such terms are defined in Exhibit B to the City Recapture Mortgage), cause each such buyer to execute a City Recapture Mortgage, and cause such City Recapture Mortgage to be recorded at the time of the closing of such sale; (f) sell the other For-Sale Units to private purchasers at market rates and, if applicable, share the net sales proceeds of such sales and from the sale of Affordable For-Sale Units in accordance with the profit sharing guidelines attached as Exhibit J hereto; (g) cause its General Contractor (or, if such work is subcontracted or handled by a third party, such subcontractor or third party) to complete such work and provide such cooperation with the City and CHA as may be necessary to cover one or more NFRLs as may necessary or appropriate to cover the entire Property. The covenants set forth in this Section shall run with the land and be binding upon any transferee of the Property, or a portion thereof, unless terminated in whole or in part by the City, acting through DOH, pursuant to a written instrument executed pursuant to Section 7.02 and recorded against the Property, or any portion thereof.
Covenant to Redevelop. If the transaction contemplated hereunder closes, Purchaser shall redevelop Parcel A and cause the Parcel A Project to be constructed and operated in accordance with this Agreement, Redevelopment Plan, the Preliminary Site Plan, the Approved Plans (as defined below), and all federal, state and local laws, ordinances, rules, regulations, executive orders and codes applicable to Parcel A, the Parcel A Project and/or the Purchaser. The covenants set forth in this Section 3.1 shall run with the land and be binding upon any transferee.
Covenant to Redevelop. If the transaction contemplated hereunder closes, Purchaser shall redevelop the Property, including entering into the Lease which shall state that the Project will be constructed and operated in a manner that does not violate this Agreement, the Redevelopment Plan, the Aldi Project Preliminary Site Plan, the Approved Plans (as defined below), and/or any federal, state and local laws, ordinances, rules, regulations, executive orders and codes applicable to the Property, the Project and/or the Purchaser. The covenants set forth in this Section 3.1 shall run with the land and be binding upon any transferee.
Covenant to Redevelop. Upon DPD's approval of the Project Budget, the Scope Drawings and Plans and Specifications as provided in Sections 3.02 and 3.03 hereof, and the Developer's receipt of all required building permits and governmental approvals, the Developer shall redevelop the Property in accordance with this Agreement and all Exhibits attached hereto, the TIF Ordinances, the Scope Drawings, Plans and Specifications, Project Budget and all amendments thereto, and all federal, state and local laws, ordinances, rules, regulations, executive orders and codes applicable to the Project, the Property and/or the Developer. The covenants set forth in this Section shall run with the land and be binding upon any transferee, but shall be deemed satisfied upon issuance by the City of a Certificate with respect thereto.
Covenant to Redevelop. Upon DOH's approval ofthe Project Budget, the Scope Drawings and Plans and Specificati9ns as provided in Sections 3.02 and 3.03 hereof, and Developer's receipt of all required building permits and governmental approvals, Developer, and to the extent necessary Ground Lessor, shall redevelop the Property in accordance with this Agreement and all Exhibits attached hereto, the TIF Ordinances, [the Bond Ordinance, the TIF Bond Ordinance], the Scope Drawings, Plans and Specifications, Project Budget and all amendments thereto, and all federal, state and local laws, ordinances, rules, regulations, executive orders and codes applicable to the Project, the Property and/or Developer. The covenants set forth in this Section shall run with the land and be binding upon Ground Lessor, and any transferee, but shall be deemed satisfied upon issuance by the City of a Certificate with respect thereto.

Related to Covenant to Redevelop

  • Incorporation by Reference of Trust Indenture Act Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. The following TIA terms used in this Indenture have the following meanings:

  • Amendment of Section 7 2.10(f). Clause (iii) of Section 7.2.10(f) of the Credit Agreement is hereby amended and restated in its entirety to the following:

  • Amendment of Section 10 1. Section 10.1 of the Note Agreement is amended to read in its entirety as follows:

  • Amendment of Section 6 14. Section 6.14 of the Credit Agreement is amended to read as follows:

  • Amendment of Section 1.1 Section 1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate locations according to alphabetical order, or by amending and restating existing definitions to read as indicated, as applicable:

  • Amendment to Subsection 8.1(c). Subsection 8.1 of the Credit Agreement is hereby amended by deleting paragraph (c) of such subsection in its entirety and substituting in lieu thereof the following new paragraph:

  • Modification to Article IV, Section 7 of the DPA Article IV, Section 7 of the DPA (Advertising Limitations) is amended by deleting the stricken text as follows: Provider is prohibited from using, disclosing, or selling Student Data to (a) inform, influence, or enable Targeted Advertising; or (b) develop a profile of a student, family member/guardian or group, for any purpose other than providing the Service to LEA. This section does not prohibit Provider from using Student Data (i) for adaptive learning or customized student learning (including generating personalized learning recommendations); or (ii) to make product recommendations to teachers or LEA employees; or (iii) to notify account holders about new education product updates, features, or services or from otherwise using Student Data as permitted in this DPA and its accompanying exhibits.

  • Amendment to Section 7 02. Section 7.02(c) of the Credit Agreement is amended and restated to read in its entirety as follows:

  • Amendment to Section 6 1. Section 6.1 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendment of Section 5 02. The third paragraph following Section 5.02(a)(vi) is hereby replaced in its entirety with the following: On each Distribution Date, the Trustee, subject to Section 5.01, shall distribute to the Holders of the Class SES Certificates, any Ancillary Income, which shall be treated as paid outside the Lower-Tier REMIC and the Upper-Tier REMIC.

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