General Development Agreement Clause Samples
A General Development Agreement is a contract that outlines the terms and conditions under which development activities, such as construction or project management, will be carried out between parties. It typically specifies the scope of work, timelines, responsibilities, payment terms, and procedures for handling changes or disputes. By clearly defining the expectations and obligations of each party, this clause helps ensure that the development process proceeds smoothly and reduces the risk of misunderstandings or conflicts.
General Development Agreement. The Commission and Developer currently anticipate that the GDA will be entered into contemporaneously with the Commission’s submission to the ▇▇▇▇▇▇▇▇▇▇ County Council for approval of the Construction Appropriation, and in accordance with the Project Schedule, (which date is currently anticipated to be December, 2008), as the same may be amended from time to time, in accordance with the terms of this MOU. The terms of the GDA shall include, among other matters the rights and obligations of the parties with respect to (i) acquisition of the PLD Land, if required for the Project, (ii) the Commission Purchase Price, (iii) incorporation of the terms of the DSA, as applicable,
General Development Agreement. As additional consideration for the right to lease the Leased Premises and the Improvements, Tenant shall comply with the terms of the GDA.