Common use of Developer’s Deliveries Clause in Contracts

Developer’s Deliveries. On or before the Closing Date, subject to the terms and conditions of this Agreement, Developer shall execute, notarize, and deliver, as applicable, to Settlement Agent: (a) the Purchase Price in full, except to the extent the Purchase Price has been adjusted pursuant to Section 2.6 herein, and any funds in excess of the Purchase Price, if so required by the Settlement Statement to be executed at closing; (b) the Performance Bond to be held by District; (c) all documents, in final form, required to close on the equity and debt financing for Developer’s construction of the Project; Developer must close on all equity and debt financing from Developer’s lender on the scheduled Closing Date for the Property; (d) the fully executed Development and Completion Guaranty; (e) the Affordability Covenant in recordable form to be recorded in the Land Records against the applicable Parcel(s); (f) the Declaration in recordable form to be recorded in the Land Records against the Property; (g) a certification of Developer’s representations and warranties executed by Developer stating that all of Developer’s representations and warranties set forth herein are true and correct as of and as if made on the Closing Date; (h) copies of all submissions and applications for Permits to the District of Columbia Department of Consumer and Regulatory Affairs (“DCRA”), submitted pursuant to the Development Plan; (i) copies of all Permits obtained by Developer required under Section 105A of Title 12A of the D.C. Municipal Regulations;

Developer’s Deliveries. On or before the Closing Date, subject to the terms and conditions of this Agreement, Developer shall execute, notarize, and deliver, as applicable, to Settlement Agent: (a) the Purchase Price in full, except to the extent the Purchase Price has been adjusted pursuant to Section 2.6 herein, and any funds in excess of the Purchase Price, if so required by the Settlement Statement to be executed at closing; (b) the Performance Bond to be held by District; (c) all documents, in final form, required to close on the equity and debt financing for Developer’s construction of the Project; Developer must close on all equity and debt financing from Developer’s lender on the scheduled Closing Date for the Property; (d) the fully executed Development and Completion Guaranty; (e) the Affordability Covenant in recordable form to be recorded in the Land Records against the applicable Parcel(s); (f) the Declaration in recordable form to be recorded in the Land Records against the Property; (g) a certification of Developer’s representations and warranties executed by Developer stating that all of Developer’s representations and warranties set forth herein are true and correct as of and as if made on the Closing Date; (h) copies a copy of all submissions and applications for Permits to the District of Columbia Department of Consumer and Regulatory Affairs (“DCRA”), submitted pursuant to the Development Planfully executed CBE Agreement; (i) copies of all Permits obtained by Developer required under Section 105A of Title 12A a copy of the D.C. Municipal Regulationsfully executed First Source Agreement;

Developer’s Deliveries. On or before the Closing Date, subject to the terms and conditions of this Agreement, Developer shall execute, notarize, and deliver, as applicable, to Settlement Agent: (a) the Purchase Price in full, except to the extent the Purchase Price has been adjusted pursuant to Section 2.6 herein, and any funds in excess of the Purchase Price, if so required by the Settlement Statement to be executed at closing; (b) the Performance Bond to be held by District; (c) all documents, in final form, required to close on the equity and debt financing for Developer’s construction of the Project; Developer must close on all equity and debt financing from Developer’s lender on the scheduled Closing Date for the Property; (d) the fully executed Development and Completion Guaranty; (e) the Affordability Covenant in recordable form to be recorded in the Land Records against the applicable Parcel(s); (f) the Declaration in recordable form to be recorded in the Land Records against the Property; (g) a certification of Developer’s representations and warranties executed by Developer Xxxxxxxxx stating that all of Developer’s representations and warranties set forth herein are true and correct as of and as if made on the Closing Date; (h) copies a copy of all submissions and applications for Permits to the District of Columbia Department of Consumer and Regulatory Affairs (“DCRA”), submitted pursuant to the Development Planfully executed CBE Agreement; (i) copies of all Permits obtained by Developer required under Section 105A of Title 12A a copy of the D.C. Municipal Regulationsfully executed First Source Agreement;

Developer’s Deliveries. On or before the Closing Date, subject to the terms and and‌ conditions of this Agreement, Developer shall execute, notarize, and deliver, as applicable, to Settlement Agent: (a) the Purchase Price in full, except to the extent the Purchase Price has been adjusted pursuant to Section 2.6 herein, and any funds in excess of the Purchase Price, if so required by the Settlement Statement to be executed at closing; (b) the Performance Bond to be held by District; (c) all documents, in final form, required to close on the equity and debt financing for Developer’s construction of the Project; Developer must close on all equity and debt financing from Developer’s lender on the scheduled Closing Date for the Property; (d) the fully executed Development and Completion Guaranty; (e) the Affordability Covenant in recordable form to be recorded in the Land Records against the applicable Parcel(s); (f) the Declaration in recordable form to be recorded in the Land Records against the Property; (g) a certification of Developer’s representations and warranties executed by Developer stating that all of Developer’s representations and warranties set forth herein are true and correct as of and as if made on the Closing Date; (h) copies of all submissions and applications for Permits to the District of Columbia Department of Consumer and Regulatory Affairs (“DCRA”), submitted pursuant to the Development Plan; (i) copies of all Permits obtained by Developer required under Section 105A of Title 12A of the D.C. Municipal Regulations;

Developer’s Deliveries. On or before the Closing Date, subject to the terms and conditions of this Agreement, Developer shall execute, notarize, and deliver, as applicable, to Settlement Agent: (a) the Purchase Price in full, except to the extent the Purchase Price has been adjusted pursuant to Section 2.6 herein, and any funds in excess of the Purchase Price, if so required by the Settlement Statement to be executed at closing; (b) the Performance Bond to be held by District; (c) all documents, in final form, required to close on the equity and debt financing for Developer’s construction of the Project; Developer must close on all equity and debt financing from Developer’s lender on the scheduled Closing Date for the Property; (d) the fully executed Development and Completion Guaranty; (e) the Affordability Covenant in recordable form to be recorded in the Land Records against the applicable Parcel(s); (f) the Declaration in recordable form to be recorded in the Land Records against the Property; (gf) a certification of Developer’s representations and warranties executed by Developer stating that all of Developer’s representations and warranties set forth herein are true and correct as of and as if made on the Closing Date; (hg) copies of all submissions and applications for Permits to the District of Columbia Department of Consumer and Regulatory Affairs (“DCRA”), submitted pursuant to the Development Plan; (ih) copies of all Permits obtained by Developer required under Section 105A of Title 12A of the D.C. Municipal Regulations; (i) a copy of the fully executed CBE Agreement;