Phase 1 – Activate the Downtown Waterfront Area Sample Clauses

Phase 1 – Activate the Downtown Waterfront Area. Phase 1 begins as of the date of this Agreement and continues until a total of 500,000 square feet of new Floor Area is constructed south of Whatcom Waterway. The term “south of Whatcom Waterway” includes only the Downtown Waterfront Area, Log Pond Area, Bellingham Shipping Terminal, and Cornwall Beach Area. During Phase 1, obligations to design and construct Facilities may arise on either side of Whatcom Waterway.
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Related to Phase 1 – Activate the Downtown Waterfront Area

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