Development Plans; Agreements Sample Clauses

Development Plans; Agreements. (a) The parties acknowledge that Purchaser intends to develop on the Property (collectively, the “Project”): a Bourbon Brothers Smokehouse and Tavern Georgia and a Bourbon Brothers Presents Georgia Entertainment Event Venue. Purchaser intends to make application for financing of portions of the Project via Tax Allocation District funds (“TAD Funds”). Purchaser shall apply for, and Seller covenants to work diligently with the City (as such other governmental and quasigovernmental authorities as may be appropriate) and use its best efforts to secure, TAD Funds in an amount equal to the greater of: (i) $1,400,000, or (ii) 14% of the cost of the Project (the “TAD Funds Threshold”), with no portion of the TAD increment generated by the Project being made available for utilization by the City in order for the City to redesign and construct parking spaces on that real property known as “Poultry Park,” in accordance generally with plans attached hereto as Exhibit “C”, unless and until Purchaser receives $1,400,000 in TAD Funds. During the Inspection Period, the parties will cooperate in good faith to prepare and finalize an agreement to ensure that Purchaser completes the Project in accordance with the Project Plans, as hereinafter defined, within a reasonable time after Closing, as a condition of purchasing the Property.
Sample 1
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Related to Development Plans; Agreements

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • NOW, THEREFORE the parties hereto agree as follows:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Definitions For purposes of this Agreement:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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