Common use of Development of the Property Clause in Contracts

Development of the Property. The Project subject to this Agreement shall be developed in accordance with the terms and conditions of the LUMO in effect as of the Effective Date and with the terms and conditions of this Agreement, including all incorporated Exhibits. The maximum height, bulk, size, and design of buildings and the placement, location, and configuration of the development sites, infrastructure, open space, streets, sidewalks and other public improvements shall be in substantial compliance with this Agreement, subject, however, to any rights the University may have to make adjustments to the same as provided in Section 3.5.5 of the LUMO. Development shall be substantially consistent with that depicted on the Long-range Plan for Carolina North. Development shall be substantially consistent with the approved Carolina North Design Guidelines, which are set forth as Exhibit D attached hereto and incorporated herein by reference. Development shall be substantially consistent with the site plan for the portion of the Carolina North that is subject to this Agreement, which is set forth as Exhibit E attached hereto and incorporated herein by reference.

Development of the Property. The Project subject to this Agreement shall be developed in accordance with the terms and conditions of the LUMO in effect as of the Effective Date and with the terms and conditions of this Agreement, including all incorporated Exhibits. The maximum height, bulk, size, and design of buildings and the placement, location, and configuration of the development sites, infrastructure, open space, streets, sidewalks and other public improvements shall be in substantial compliance with this Agreement, subject, however, to any rights the University may have to make adjustments to the same as provided in Section 3.5.5 of the LUMO. Development shall be substantially consistent with that depicted on the Long-range Plan for Carolina North. Development shall be substantially consistent with the approved Carolina North Design Guidelines, which are set forth as Exhibit D LD attached hereto and incorporated herein by reference. Development shall be substantially consistent with the site plan for the portion of the Carolina North that is subject to this Agreement, which is set forth as Exhibit D E attached hereto and incorporated herein by reference. Provided, however, that in the event of any conflict between the provisions of these Exhibits and the express provisions of this Agreement, the terms of the Agreement shall be controlling.

Development of the Property. The Project subject to this Agreement shall be developed in accordance with the terms and conditions of the LUMO in effect as of the Effective Date and with the terms and conditions of this Agreement, including all incorporated Exhibits. The maximum height, bulk, size, and design of buildings and the placement, location, and configuration of the development sites, infrastructure, open space, streets, sidewalks and other public improvements shall be in substantial compliance with this Agreement, subject, however, to any rights the University may have to make adjustments to the same as provided in Section 3.5.5 of the LUMO. Development shall be substantially consistent with that depicted on the Long-range Plan for Carolina North. Development shall be substantially consistent with the approved Carolina North Design Guidelines, which are set forth as Exhibit D L attached hereto and incorporated herein by reference. Development shall be substantially consistent with the site plan for the portion of the Carolina North that is subject to this Agreement, which is set forth as Exhibit E D attached hereto and incorporated herein by reference. Provided, however, that in the event of any conflict between the provisions of these Exhibits and the express provisions of this Agreement, the terms of the Agreement shall be controlling.

Development of the Property. The Project subject to this Agreement shall be developed in accordance with the terms and conditions of the LUMO in effect as of the Effective Date and with the terms and conditions of this Agreement, including all incorporated Exhibits. The maximum height, bulk, size, and design of buildings and the placement, location, and configuration of the development sites, infrastructure, open space, streets, sidewalks and other public improvements shall be in substantial compliance with this Agreement, subject, however, to any rights the University may have to make adjustments to the same as provided in Section 3.5.5 of the LUMO. Development shall be substantially consistent with that depicted on the Long-range Plan for Carolina North, which is set forth as Exhibit D attached hereto and incorporated herein by reference. Development shall be substantially consistent with the approved Carolina North Design Guidelines, which are set forth as Exhibit D E attached hereto and incorporated herein by reference. Development shall be substantially consistent with the site plan for the portion of the Carolina North that is subject to this Agreement, which is set forth as Exhibit E F attached hereto and incorporated herein by reference.