General Duties of Developer. a. Developer shall in good faith and using all reasonable efforts generally cause the Project to be developed, completed and, as appropriate, leased to third parties, in compliance with the provisions of the Operating Agreement of the JV dated of even date herewith (the “JV’s Operating Agreement”), for which Developer hereby acknowledges its understanding, and of any final approved plats, plans, drawings and specifications for the Project, all of which shall be approved by the Owner (collectively the "Final Plans"). b. In furtherance of the obligations of Developer described in the preceding subparagraph (a), Developer shall do and perform, the following matters or functions:
Appears in 2 contracts
Samples: Development Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Development Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
General Duties of Developer. a. Developer shall in good faith and using all reasonable efforts generally cause the Project to be developed, completed and, as appropriate, leased to third parties, in compliance with the provisions of the Operating Agreement of the JV dated of even date herewith (the “JV’s 's Operating Agreement”), for which Developer hereby acknowledges its understanding, and of any final approved plats, plans, drawings and specifications for the Project, all of which shall be approved by the Owner (collectively the "“Final Plans"”).
b. In furtherance of the obligations of Developer described in the preceding subparagraph (a), Developer shall do and perform, the following matters or functions:
Appears in 2 contracts
Samples: Tenancy in Common Agreement, Tenancy in Common Agreement (Bluerock Residential Growth REIT, Inc.)
