Phases of Development Clause Samples
The "Phases of Development" clause defines the sequential stages or milestones that a project must progress through from initiation to completion. Typically, this clause outlines specific deliverables, timelines, and approval processes for each phase, such as design, prototyping, testing, and final delivery. By clearly delineating these stages, the clause ensures that both parties have a mutual understanding of expectations and responsibilities at each step, thereby reducing misunderstandings and facilitating project management.
Phases of Development. ▇▇▇▇▇▇▇▇▇’▇ will continue concurrent mining and reclamation following the approval of this Agreement and in the manner set forth in this Exhibit D and accordance with the schedule set forth in the Agreement and Exhibit E. Reclamation will occur within a given mining area as these areas become available. As reserves are depleted and mining has ceased, reclamation will be completed. Within the time set forth in the Schedule of Performance, ▇▇▇▇▇▇▇▇▇’▇ will mine and Reclaim the Quarry in two phases.
Phases of Development. The Project shall be developed by the Company in the following phases, each of which is outlined in detail below:
(a) Phase I" commenced prior to the Effective Time and shall end on the Project Director Discharge Date, it being understood that Phase I and Phase II will overlap. Phase I shall consist of all activities necessary or appropriate for the development and financing (if any) of the Project (the "Phase I Activities"), including (i) due diligence, (ii) updating of the Development Plan, (iii) updating of the Project Budget and Initial Operating Budget, (iv) preparation, negotiation and execution of the Project Agreements, (v) applying for and obtaining Necessary Regulatory Approvals (other than those which cannot be applied for or obtained until after the Commercial Operation Date), (vi) negotiation of and entering into such other arrangements and contracts as are necessary or advisable to construct or operate the Facility, and (vii) design and engineering activities. The Phase I Activities shall exclude the Phase II Activities.
Phases of Development. Phases 1 & 2 are shown on Exhibit B. Phases 2 4 may be developed and constructed simultaneously with Phase 1 However, a Final 5 Subdivision Plat Development Order shall be required for each phase and the restrictions 6 of this Development Agreement shall apply to each phase of development.
Phases of Development. Development of the Property can be accomplished 9 in multiple phases and the ordering of specific phases are depicted on the Planned 10 Development Plan, with required easements for development and infrastructure servicing 11 the phases, including shared facilities such as stormwater systems and internal 12 driveways, being constructed as required for each phase. Individual phases may be 13 developed and constructed simultaneously and/or in any order, however, Final 14 Subdivision Plat Development Order shall be required for each phase and the restrictions 15 of this Development Agreement shall apply to each phase of development.
Phases of Development. It is agreed between the City and Owners or future Developer that the development shall proceed in up to, but not more than eight (8) phases of residential development as contained in an approved Planned Unit Development Plan.
Phases of Development. Development of the Deliverables shall take place in two phases, which may overlap at the discretion of the parties.
Phases of Development. The project shall consist of multiple phases, generally 22 depicted on the PD Plan as Parcels 1, 2, and 3 (see Exhibit "B"). The timing of the phases shall be 23 based on market demand and nothing shall prevent the concurrent development of any combination 24 of these phases. However, the Neighborhood Mitigation shall be provided in the initial phase of 1 development, as provided in paragraph H, below.