Common use of Developer’s Risk Clause in Contracts

Developer’s Risk. Subject to the foregoing provisions of this Section 18, Developer acknowledges and agrees that it is proceeding at its own risk and expense until such time as the Transaction Documents are approved and without any assurance that the Transaction Documents will be approved.

Developer’s Risk. Subject to the foregoing provisions of this Section 18, Developer Xxxxxxxxx acknowledges and agrees that it is proceeding at its own risk and expense until such time as the Transaction Documents are approved and without any assurance that the Transaction Documents will be approved.

Developer’s Risk. Subject to the foregoing provisions of this Section 18, each of Lead Developer and Affordable Developer acknowledges and agrees that it is proceeding at its own risk and expense until such time as the Transaction Documents are approved and without any assurance that the Transaction Documents will be approved.