Common use of Predevelopment Activities Clause in Contracts

Predevelopment Activities. 5.2.1.1 Feld shall pursue, with reasxxxxle diligence and subject to the reasonable direction of WPHC, all approvals required to commence construction of the Project. Subject to the input and approval of WPHC, Feld shall develop appropriate xxte plans and other plans as may be required to obtain such approvals. Feld shall not submit any propoxxx plans or other materials to any governmental agency without the prior approval of WPHC. In addition, Feld shall not incur any third xxxty expense without the prior approval of WPHC. WPHC agrees to reasonably cooperate with Feld in obtaining the Approvaxx, which cooperation shall include, without limitation, prompt review of any matters submitted to WPHC and prompt response to Feld in connection with any mxxxxrs submitted to WPHC. Copies of all reports, studies and other information and material generated for or on behalf of Feld in connection with its rxxxxw and evaluation of the Property shall promptly be delivered to WPHC, including, without limitation, the full text of all drawings, reports and memoranda supplied by engineers and other consultants and any memoranda of discussions with governmental officials and neighborhood groups. 5.2.1.2 Feld shall prepare and submxx to WPHC for a approval a pre- development budget for the activities of the Company prior to the Construction Loan Closing Date. If and when WPHC approves in writing a pre-development budget, Feld shall be authorized to xxxur costs in accordance with such pre-development budget and WPHC shall be obligated to fund such approved pre-development budget.

Predevelopment Activities. 5.2.1.1 Feld shall pursue, with reasxxxxle diligence and subject to the reasonable direction of WPHC, all approvals required to commence construction of the Project. Subject to the input and approval of WPHC, Feld shall develop appropriate xxte plans and other plans as may be required to obtain such approvals. Feld shall not submit any propoxxx plans or other materials to any governmental agency without the prior approval of WPHC. In addition, Feld shall not incur any third xxxty expense without the prior approval of WPHC. WPHC agrees to reasonably cooperate with Feld in obtaining the Approvaxx, which cooperation shall include, without limitation, prompt review of any matters submitted to WPHC and prompt response to Feld in connection with any mxxxxrs submitted to WPHC. Copies of all reports, studies and other information and material generated for or on behalf of Feld in connection with its rxxxxw and evaluation of the Property shall promptly be delivered to WPHC, including, without limitation, the full text of all drawings, reports and memoranda supplied by engineers and other consultants and any memoranda of discussions with governmental officials and neighborhood groups. 5.2.1.2 Feld shall prepare and submxx subxxx to WPHC for a approval a pre- pre-development budget for the activities of the Company prior to the Construction Loan Closing Date. If and when WPHC approves in writing a pre-development budget, Feld shall be authorized to xxxur inxxx costs in accordance with such pre-development budget and WPHC shall be obligated to fund such approved pre-pre- development budget.

Predevelopment Activities. 5.2.1.1 Feld shall pursue, with reasxxxxle reasonable diligence and subject to the reasonable reaxxxxble direction of WPHC, all approvals required to commence construction of the Project. Subject to the input and approval of WPHC, Feld shall develop appropriate xxte site plans and other plans as may be required xxxuired to obtain such approvals. Feld shall not submit any propoxxx proposed plans or other materials to any governmental xxxxrnmental agency without the prior approval of WPHC. In addition, Feld shall not incur any third xxxty party expense without the prior approval apprxxxx of WPHC. WPHC agrees to reasonably cooperate with Feld in obtaining the ApprovaxxApprovals, which cooperation shall include, without wxxxxut limitation, prompt review of any matters submitted to WPHC and prompt response to Feld in connection with any mxxxxrs matters submitted to WPHC. Copies of all reportsaxx xeports, studies and other information and material generated for or on behalf of Feld in connection with its rxxxxw review and evaluation of the Property shall sxxxx promptly be delivered to WPHC, including, without limitation, the full text of all drawings, reports and memoranda supplied by engineers and other consultants and any memoranda of discussions with governmental officials and neighborhood groups. 5.2.1.2 Feld shall prepare and submxx submit to WPHC for a approval a pre- development pre-developmxxx budget for the activities of the Company prior to the Construction Loan Closing Date. If and when WPHC approves in writing a pre-pre- development budget, Feld shall be authorized to xxxur incur costs in accordance with such pre-development xxxelopment budget and WPHC shall be obligated to fund such approved pre-development budget.

Predevelopment Activities. 5.2.1.1 Feld Xxxx shall pursue, with reasxxxxle reasonable diligence and subject to the reasonable direction of WPHC, all approvals required to commence construction of the Project. Subject to the input and approval of WPHC, Feld Xxxx shall develop appropriate xxte site plans and other plans as may be required to obtain such approvals. Feld Xxxx shall not submit any propoxxx proposed plans or other materials to any governmental agency without the prior approval of WPHC. In addition, Feld Xxxx shall not incur any third xxxty party expense without the prior approval of WPHC. WPHC agrees to reasonably cooperate with Feld Xxxx in obtaining the ApprovaxxApprovals, which cooperation shall include, without limitation, prompt review of any matters submitted to WPHC and prompt response to Feld Xxxx in connection with any mxxxxrs matters submitted to WPHC. Copies of all reports, studies and other information and material generated for or on behalf of Feld Xxxx in connection with its rxxxxw review and evaluation of the Property shall promptly be delivered to WPHC, including, without limitation, the full text of all drawings, reports and memoranda supplied by engineers and other consultants and any memoranda of discussions with governmental officials and neighborhood groups. 5.2.1.2 Feld Xxxx shall prepare and submxx submit to WPHC for a approval a pre- pre-development budget for the activities of the Company prior to the Construction Loan Closing Date. If and when WPHC approves in writing a pre-development budget, Feld Xxxx shall be authorized to xxxur incur costs in accordance with such pre-development budget and WPHC shall be obligated to fund such approved pre-pre- development budget.

Predevelopment Activities. 5.2.1.1 Feld Xxxx shall pursue, with reasxxxxle reasonable diligence and subject to the reasonable direction of WPHC, all approvals required to commence construction of the Project. Subject to the input and approval of WPHC, Feld Xxxx shall develop appropriate xxte site plans and other plans as may be required to obtain such approvals. Feld Xxxx shall not submit any propoxxx proposed plans or other materials to any governmental agency without the prior approval of WPHC. In addition, Feld Xxxx shall not incur any third xxxty party expense without the prior approval of WPHC. WPHC agrees to reasonably cooperate with Feld Xxxx in obtaining the ApprovaxxApprovals, which cooperation shall include, without limitation, prompt review of any matters submitted to WPHC and prompt response to Feld Xxxx in connection with any mxxxxrs matters submitted to WPHC. Copies of all reports, studies and other information and material generated for or on behalf of Feld Xxxx in connection with its rxxxxw review and evaluation of the Property shall promptly be delivered to WPHC, including, without limitation, the full text of all drawings, reports and memoranda supplied by engineers and other consultants and any memoranda of discussions with governmental officials and neighborhood groups. 5.2.1.2 Feld Xxxx shall prepare and submxx submit to WPHC for a approval a pre- pre-development budget for the activities of the Company prior to the Construction Loan Closing Date. If and when WPHC approves in writing a pre-pre- development budget, Feld Xxxx shall be authorized to xxxur incur costs in accordance with such pre-development budget and WPHC shall be obligated to fund such approved pre-development budget.

Predevelopment Activities. 5.2.1.1 Feld shall pursue, with reasxxxxle reasonable diligence and xxx subject to the reasonable direction of WPHC, all approvals required to commence construction of the Project. Subject to the input and approval of WPHC, Feld shall develop appropriate xxte site plans and other anx xxher plans as may be required to obtain such approvals. Feld shall not submit any propoxxx proposed plans or other othxx materials to any governmental agency without the prior approval of WPHC. In addition, Feld shall not incur any third xxxty party expense without xxxxout the prior approval of WPHC. WPHC agrees to reasonably cooperate with Feld in obtaining the ApprovaxxApprovals, which cooperation cooperxxxxn shall include, without limitation, prompt review of any matters submitted to WPHC and prompt response to Feld in connection with any mxxxxrs matters submitted to WPHCxx XPHC. Copies of all reports, studies and other information and material generated for or on behalf of Feld in connection with its rxxxxw review and evaluation evaluatxxx of the Property shall promptly be delivered to WPHC, including, without limitation, the full text of all drawings, reports and memoranda supplied by engineers and other consultants and any memoranda of discussions with governmental officials and neighborhood groups. 5.2.1.2 Feld shall prepare and submxx submit to WPHC for a approval xxproval a pre- development budget for the activities of the Company prior to the Construction Loan Closing Date. If and when WPHC approves in writing a pre-development budget, Feld shall be authorized to xxxur incur costs in accordance xxxordance with such pre-development budget and WPHC shall be obligated to fund such approved pre-development budget.