Common use of Obligations of Recipient Clause in Contracts

Obligations of Recipient. (1) The Recipient covenants and agrees through the exercise of commercially reasonable efforts to maintain its Certificate of Occupancy(s) from the City for a minimum of 3,991 gross square feet of commercial space on the Property. (2) The Recipient covenants and agrees to use commercially reasonable efforts to remain in business for a minimum of one (1) year. (3) The Recipient expressly acknowledges that by entering into this Agreement, the Recipient, its successors, assigns, vendors, grantees, and/or trustees, shall not construe any language contained herein as waiving any of the requirements of the Zoning Ordinance or Subdivision Ordinance applicable to the Improvements at the time of development.

Obligations of Recipient. (1) The Recipient covenants and agrees through the exercise of commercially reasonable efforts to maintain its Certificate of Occupancy(s) from the City for a minimum of 3,991 2,500 gross square feet of commercial space on the Property. (2) The Recipient covenants and agrees to use commercially reasonable efforts to remain in business for a minimum of one (1) year. (3) The Recipient expressly acknowledges that by entering into this Agreement, the Recipient, its successors, assigns, vendors, grantees, and/or trustees, shall not construe any language contained herein as waiving any of the requirements of the Zoning Ordinance or Subdivision Ordinance applicable to the Improvements at the time of development.

Obligations of Recipient. (1) The Recipient covenants and agrees through the exercise of commercially reasonable efforts to maintain its Certificate of Occupancy(s) from the City for a minimum of 3,991 gross 1,141 square feet of commercial space on the Property. (2) The Recipient covenants and agrees to use commercially reasonable efforts to remain in business for a minimum of at least one (1) year. (3) The Recipient expressly acknowledges that by entering into this Agreement, the Recipient, its successors, assigns, vendors, grantees, and/or trustees, shall not construe any language contained herein as waiving any of the requirements of the Zoning Ordinance or Subdivision Ordinance applicable to the Improvements at the time City of developmentXxxxxx Ordinances.

Obligations of Recipient. (1) The Recipient covenants and agrees through the exercise of commercially reasonable efforts to maintain its Certificate of Occupancy(s) from the City for a minimum of 3,991 1, 890 gross square feet of commercial space on the Property. (2) The Recipient covenants and agrees to use commercially reasonable efforts to remain in business for a minimum of one (1) year. (3) The Recipient expressly acknowledges that by entering into this Agreement, the Recipient, its successors, assigns, vendors, grantees, and/or trustees, shall not construe any language contained herein as waiving any of the requirements of the Zoning Ordinance or Subdivision Ordinance applicable to the Improvements at the time of development.

Obligations of Recipient. (1) The Recipient covenants and agrees through the exercise of commercially reasonable efforts to maintain its Certificate of Occupancy(s) from the City for a minimum of 3,991 gross 1,489 square feet of commercial space on the Property. (2) The Recipient covenants and agrees to use commercially reasonable efforts to remain in business for a minimum of at least one (1) year. (3) The Recipient expressly acknowledges that by entering into this Agreement, the Recipient, its successors, assigns, vendors, grantees, and/or trustees, shall not construe any language contained herein as waiving any of the requirements of the Zoning Ordinance or Subdivision Ordinance applicable to the Improvements at the time City of developmentXxxxxx Ordinances.