Common use of Major Amendments Clause in Contracts

Major Amendments. A major amendment shall require an amendment to the Agreement and expressly includes: 1. Changing the term of the Agreement as set forth in Section 17 Vesting; 2. Modifying the Open Space requirements set forth in Section 5.B Phasing or Section 9, Open Space System; 3. Increasing the number of residential dwelling units set forth in Section 3 4. An amendment that would cause an exceedance of the “CRA Trip Budget” as defined in the Agreement;

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Major Amendments. A major amendment shall require an amendment to the Agreement and expressly includes: 1. Changing the term of the Agreement as set forth in Section 17 Vesting; 2. Modifying the Open Space requirements set forth in Section 5.B Phasing or Section 9, Open Space System; 3. Increasing the square footage or the number of residential dwelling units set forth in Section 33 Development Approvals by more than ten percent (10%); 4. An amendment that would cause an exceedance of the “CRA Trip Budget” as defined in the Agreement;

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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