Common use of Project is a Private Undertaking Clause in Contracts

Project is a Private Undertaking. It is specifically understood and agreed by the parties that the development contemplated by this Development Agreement is a private development, that City has no interest in or responsibility for or duty to third persons concerning any of said improvements, and that Owner shall have full power over the exclusive control of the Property herein described subject only to the limitations and obligations of Owner under this Development Agreement.β€Œ

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Project is a Private Undertaking. It is specifically understood and agreed by the parties Parties that (a) the development contemplated by this Development Agreement is a private development, (b) that City has no interest neither Party is acting as the agent of the other in or responsibility for or duty to third persons concerning any of said improvementsrespect hereunder, and (c) that Owner Developer shall have full power over the exclusive control of the Property herein described subject only to the limitations and obligations of Owner Developer under this Development Agreement.β€ŒAgreement.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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