Common use of Disposition of Real Property Clause in Contracts

Disposition of Real Property. Notwithstanding anything in this Agreement to the contrary, if the deed of conservation easement has been recorded, the Manager may approve the sale or other disposition of the Real Property by Propco. Further, if either the Investment Proposal or Development Proposal is selected, the Manager shall have the authority to approve the disposition of the Real Property by Propco pursuant to the terms, and in furtherance, of the respective Investment Proposal or Development Proposal.