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.

Appears in 2 contracts

Samples: Incentive and Performance Agreement, Economic Incentive and Performance Agreement

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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.

Appears in 1 contract

Samples: Economic Incentive and Performance Agreement

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 7,300 gross square feet of commercial space on the Property.

Appears in 1 contract

Samples: Economic Incentive and Performance Agreement

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 1,300 square feet of commercial space on the Property.

Appears in 1 contract

Samples: Economic Incentive and Performance Agreement

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.

Appears in 1 contract

Samples: Economic Incentive and Performance Agreement

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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 1,700 square feet of commercial space on the Property.

Appears in 1 contract

Samples: Economic Incentive and Performance Agreement

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.

Appears in 1 contract

Samples: Economic Incentive and Performance Agreement

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