Common use of Duration of Development Agreement Clause in Contracts

Duration of Development Agreement. Notwithstanding any earlier termination under Section 3.2 below, the term of this Agreement shall commence on the Effective Date and continue until the first to occur of (a) the issuance of Certificates of Occupancy for all Phases of development of the Project, or (b) December 31, 2022, as may be extended pursuant to the provisions of Section 3.2 below.

Appears in 1 contract

Samples: Development Agreement

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Duration of Development Agreement. Notwithstanding any an earlier termination under Section 3.2 below, the term of this Agreement shall commence on the Effective Date and continue until the first to occur earlier of (a) the issuance of Certificates of Occupancy for all Phases of development expiration of the ProjectGovernment Property Lease (defined in Section 3.x) or May 20, or (b) December 31, 2022, as may be extended pursuant to the provisions of Section 3.2 below2020.

Appears in 1 contract

Samples: Development Agreement

Duration of Development Agreement. Notwithstanding any an earlier termination under Section 3.2 below, the term of this Agreement shall commence on the Effective Date and continue until the first to occur earlier of (a) the issuance of Certificates of Occupancy for all Phases of development expiration of the ProjectGovernment Property Lease (defined in Section 3.4) or May 20, or (b) December 31, 2022, as may be extended pursuant to the provisions of Section 3.2 below2020.

Appears in 1 contract

Samples: Development and Disposition Agreement

Duration of Development Agreement. Notwithstanding any earlier termination under Section 3.2 below, the The term of this Agreement shall commence on the Effective Date and continue until the first to occur later of (a) the issuance of Certificates of Occupancy for all Phases of development of the ProjectMay 20, 2020 unless sooner terminated pursuant to Section 3.2(a) below or (b) December 31, 2022, as may be extended pursuant the date on which the True Up Payment has been paid in full; but in no event earlier than the expiration or termination of all Government Property Leases (defined in Section 3.8) executed prior to the provisions of Section 3.2 belowsuch date.

Appears in 1 contract

Samples: Development Agreement

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Duration of Development Agreement. Notwithstanding any Subject to earlier termination under Section 3.2 belowas elsewhere provided herein, the term of this Agreement shall commence on the Effective Date and continue until the first to occur of (a) the issuance of Certificates of Occupancy for all Phases of development later of the Project, or (b) December 31, 2022, as may be extended expiration of any Government Property Lease entered into pursuant to the provisions of Section 3.2 below5.6 hereof or May 20, 2020.

Appears in 1 contract

Samples: Subordinate Parcel Development Agreement

Duration of Development Agreement. Notwithstanding any Subject to earlier termination under Section 3.2 below, the term of this Agreement shall commence on the Effective Date and continue until the first to occur earlier of (a) the issuance of Certificates of Occupancy for all Phases of development expiration of the ProjectGovernment Property Lease (defined in Section 3.7) or May 20, or (b) December 31, 2022, as may be extended pursuant to the provisions of Section 3.2 below2030.

Appears in 1 contract

Samples: Development Agreement

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