Common use of Development of the Project Clause in Contracts

Development of the Project. and Marketing of the Homes. ----------------------------------------------------- Builder agrees to diligently develop and construct the Project and market the completed Homes, as more specifically provided herein. Such development responsibilities of Builder shall generally include coordinating both the existing and future entitlements that benefit the Property, constructing the on-site and off-site infrastructure for the Project, constructing the Homes and providing all warranty and customer service construction and repairs for the 1. completed and sold Homes. Such marketing responsibilities of Builder shall generally include designing the Homes, constructing, landscaping, and decorating the model complex, holding a Grand Opening for the Project, setting the sale prices of the Homes, signage, advertising, developing and printing marketing brochures, sales contracts, and material, hiring and overview of sales personnel and managing all other pre-closing and post-closing relationships with the Home buyers. Builder agrees to use its reasonable best efforts under the circumstances that exist from time to time during the term hereof to perform its services hereunder in a manner that, subject to the rights of Owner to direct Builder and subject to the performance of Owner of its obligations (particularly funding) hereunder, shall be intended to maximize the sales revenue from the completed Homes.

Development of the Project. and Marketing of the Homes. ----------------------------------------------------- ------------------------------------------------------ Builder agrees to diligently develop and construct the Project and market the completed Homes, as more specifically provided herein. Such development responsibilities of Builder shall generally include coordinating both the existing and future entitlements that benefit the Property, constructing the on-on- site and off-site infrastructure for the Project, constructing the Homes and providing all warranty and customer service construction and repairs for the 1. the completed and sold Homes. Such marketing responsibilities of Builder shall generally include designing the Homes, constructing, landscaping, and decorating the model complex, holding a Grand Opening for the Project, setting the sale prices of the Homes, signage, advertising, developing and printing marketing brochures, sales contracts, and material, hiring and overview of sales personnel and managing all other pre-closing and post-closing relationships with the Home buyers. Builder agrees to use its reasonable best efforts under the circumstances that exist from time to time during the term hereof to perform its services hereunder in a manner that, subject to the rights of Owner to direct Builder and subject to the performance of Owner of its obligations (particularly funding) hereunder, shall be intended to maximize the sales revenue from the completed Homes.

Development of the Project. and Marketing of the Homes. ----------------------------------------------------- Builder agrees to diligently develop and construct the Project and market the completed Homes, as more specifically provided herein. Such development responsibilities of Builder shall generally include coordinating both the existing and future entitlements that benefit the Property, constructing the on-on- site and off-site infrastructure for the Project, constructing the Homes and providing all warranty and customer service construction and repairs for the 1. completed and sold Homes. Such marketing responsibilities of Builder shall generally include designing the Homes, constructing, landscaping, and decorating the model complex, holding a Grand Opening for the Project, setting the sale prices of the Homes, signage, advertising, developing and printing marketing brochures, sales contracts, and material, hiring and overview of sales personnel and managing all other pre-closing and post-closing relationships with the Home buyers. Builder agrees to use its reasonable best efforts under the circumstances that exist from time to time during the term hereof to perform its services hereunder in a manner that, subject to the rights of Owner to direct Builder and subject to the performance of Owner of its obligations (particularly funding) hereunder, shall be intended to maximize the sales revenue from the completed Homes.