Development Agreement Only Clause Samples
The 'Development Agreement Only' clause specifies that the terms and obligations outlined in the contract are limited exclusively to the development phase of a project. This means that any provisions, responsibilities, or rights described within the agreement apply solely to activities such as planning, designing, and constructing the project, and do not extend to later phases like operation or maintenance. By clearly restricting the scope of the agreement, this clause helps prevent misunderstandings about the parties' obligations beyond the development stage, ensuring that each party knows the limits of their commitments.
Development Agreement Only. This Agreement constitutes a development agreement only. Nothing herein is intended, nor shall it be construed, to create any employer/ employee arrangement, partnership arrangement or other relationship between or among the parties except as expressly provided herein; and nothing herein is intended to grant to either party any right or interest in or to the assets, business or interests of the other party, nor the right to bind the other party except as expressly herein provided.