Pre-Final Closing Actions Clause Samples

Pre-Final Closing Actions. The Parties intend to endeavor reasonably and in good faith to achieve the following goal by the following date: (a) On or before June 30, 2014, StadCo, the GWCCA and the General Contractor shall have agreed upon the guaranteed maximum price of the NSP (the “GMP”), which shall not exceed the sum of the Public Contribution and StadCo’s demonstrated financial capability (demonstrated pursuant to Section 6.6 of the Tri-Party MOU) and StadCo shall have presented to the GWCCA (i) a set of such design development or construction documents, as applicable (the “Master Plans”) that were the basis for the GMP and (ii) the NSP Budget (as defined in the Project Development Agreement), including the GMP. (b) On or before the Final Closing (as defined herein), in accordance with the Site Coordination Agreement, the GWCCA shall have the option to enter into or extend certain license agreements for the Georgia Dome Legacy Events (as defined in the Site Coordination Agreement) as part of the transition of such events to the NSP.