Common use of Cycle Path Contribution Clause in Contracts

Cycle Path Contribution. If planning permission has been obtained for the whole of the St Bees – Mirehouse Road Cycle Path (excluding existing paths such as Cycle Path Part 1) and the works to construct or provide Cycle Path Part 2 have begun (should any such works be required) within 10 years from the date of this Agreement, and it is verified that Cycle Path Part 2 will form part of the St Bees – Mirehouse Road Cycle Path the Owners and Developer covenant they shall pay the Cycle Path Contribution to the Council within 30 days of such works beginning or on the date that is 5 years from the date of this Agreement (whichever is the later).