Common use of Demolition SAC Benefit Clause in Contracts

Demolition SAC Benefit. Each Secondary Developer shall pay the applicable Demolition SAC Benefit to Developer at the time of obtaining each building permit obtained for each Element of Vertical Development on the Development Property.

Appears in 2 contracts

Samples: Memorandum of Redevelopment Agreement, Assignment and Assumption of Secondary Developer Obligations

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Demolition SAC Benefit. Each Secondary Developer Xxxxxxx shall pay the applicable Demolition SAC Benefit to Developer at the time of obtaining each building permit obtained for each Element of Vertical Development on the Development Property.

Appears in 1 contract

Samples: Joinder to Redevelopment Agreement

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Demolition SAC Benefit. Each Secondary Developer shall agree to pay the applicable Demolition SAC Benefit to the Developer at the time of obtaining each building permit obtained for each Element element of Vertical Development on the Development Property.

Appears in 1 contract

Samples: Redevelopment Agreement

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