PD Zoning. Owner would not close the purchase of the Site under the PSA without the Site having obtained PD Zoning. Pursuant to this Agreement, Owner is obligating itself, on the terms and conditions of this Agreement, to pursue PD Zoning for the Site. Such obligation is the first obligation that Owner has to ACC to pursue PD Xxxxxx, such that said obligation represents new and additional consideration for ACC to enter into this Agreement.
Appears in 7 contracts
Samples: Community Benefits Agreement, Community Benefits Agreement, Community Benefits Agreement