PROJECT LEGAL DOCUMENTS Sample Clauses

PROJECT LEGAL DOCUMENTS. The City and its legal counsel shall prepare the initial draft of all documents required for the agreed-upon business/ownership structure of the Project, in accordance with the legal structure approved by the parties during the Pre-Permitting and Design Phase, such as a ground lease from the City to Redstone and Declaration of Condominium together with related documents, if so determined. During the Permit Phase, and in accordance with the time frame set forth on the Project Schedule, the parties shall work in good faith to complete and finalize the legal documents required to accomplish the Project structure and management.
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PROJECT LEGAL DOCUMENTS. 1. Proposed or recorded covenants, conditions and restrictions. 2. If applicable, a copy of the homeowner's association articles of incorporation, by-laws and budget. EXHIBIT C TO COMMITMENT AGREEMENT PROJECT REQUIREMENTS ------------------------------------------------------------ GENERAL A proposed Project may utilize proceeds of a Project Loan for any of the following: (i) acquisition of the Land and construction of the Development Work and Homes, (ii) acquisition of the Land and construction of the Development Work, in order to allow the finished lots to be sold to other builders, or (iii) acquisition of the Land and construction of the Homes. To the extent approved by the Lender in its sole and absolute discretion, a proposed Project may also utilize proceeds of the Project Loan to finance or refinance Land presently held by the Company, including but not limited to Land as to which no Development Work or Construction Improvements are contemplated during the term of the Facility Documents. A proposed project may be one of several projects anticipated to be developed by the Project Borrower in a single contiguous development. ------------------------------------------------------------ ------------------------------------------------------------ ENTITLEMENT RISK All proposed Projects must be suitable for and substantially entitled for the commencement of the Development Work and/or the Homes, as applicable, including the relative on and off-site improvements. The Land must be fully entitled, and the Project Borrower must be able to commence development of the Project, as contemplated by the Project Underwriting Documents, upon payment of fees to the governing municipality. ------------------------------------------------------------ ------------------------------------------------------------ GEOGRAPHIC REGION Limited to the States of California, Colorado and New Mexico. ------------------------------------------------------------ ------------------------------------------------------------ PROJECT SIZE The size of each Project shall be LIMITATIONS limited to the number of units which can be absorbed prior to the date on which the portion of the Loan disbursed for such Project is required to be repaid (see "DEVELOPMENT LIFE CYCLE" below), provided however that in no event shall the size of any Project exceed one hundred fifty (150) units. ------------------------------------------------------------ ------------------------------------------------------...
PROJECT LEGAL DOCUMENTS. 1. Proposed CC&R’s, when available, or recorded CC&R’s.

Related to PROJECT LEGAL DOCUMENTS

  • Transactional Documents On or prior to the First Closing Date, the Company shall have delivered to the Representatives executed copies of the Trust Agreement, the Subscription Agreement, the Sponsor Shares Purchase Agreement, the Insider Letter, the Registration Rights Agreement and the Administrative Services Agreement, and each such agreement shall be in full force and effect on each of the First Closing Date and each Option Closing Date. With regard to the Insider Letter, if any additional persons shall become executive officers, directors or director nominees of the Company prior to the end of the Lock-up Period, the Company shall cause each such person, prior to or contemporaneously with their appointment or election as an executive officer, director or director nominee to execute a joinder to the Insider Letter.

  • Resolutions Copies of resolutions of the Board of Directors of each Credit Party approving and adopting the Credit Documents to which it is a party, the transactions contemplated therein and authorizing execution and delivery thereof, certified by a secretary or assistant secretary of such Credit Party to be true and correct and in force and effect as of the Closing Date.

  • Original Documents If requested by Owner to do so, maintain and safeguard during the Construction Phase at least one original printed record version of the Construction Contract Documents, including Drawings and Specifications signed and sealed by Engineer and other design professionals in accordance with applicable Laws and Regulations. Throughout the Construction Phase, make such original printed record version of the Construction Contract Documents available to Contractor and Owner for review.

  • Project Documents In addition to any other pertinent and necessary Project documents, the following documents shall be used in the development of the Project:

  • Material Documents Seller has provided Purchaser with executed copies of all material agreements and documents, and any amendments thereto, relating to Seller’s acquisition of the Mortgage Servicing Rights and the servicing of the Mortgage Loans.

  • Constitutional Documents (a) A copy of the constitutional documents of each Obligor (other than UPC Financing) and the partnership agreement of UPC Financing or, if the Facility Agent already has a copy, a certificate of an authorised signatory of the relevant Obligor confirming that the copy in the Facility Agent’s possession is still correct, complete and in full force and effect as at a date no earlier than the date of this Agreement.

  • Organization Documents, Resolutions, Etc Receipt by the Administrative Agent of the following, each of which shall be originals or facsimiles (followed promptly by originals), in form and substance satisfactory to the Administrative Agent and its legal counsel:

  • Amendment to Material Documents The Borrower will not, and will not permit any of its Subsidiaries to, amend, modify or waive any of its rights under (a) its certificate of incorporation, bylaws or other organizational documents or (b) any Material Agreements, in each case in any manner that is materially adverse to the interests of the Lenders or the Administrative Agent.

  • Additional Documentation Execute and deliver, or cause to be executed and delivered, any and all other agreements, instruments or documents which Lender may reasonably request in order to give effect to the transactions contemplated under this Loan Agreement and the other Loan Documents.

  • Amendment of Material Documents No Loan Party will, nor will it permit any Subsidiary to, amend, modify or waive any of its rights under (a) any agreement relating to any Subordinated Indebtedness, or (b) its charter, articles or certificate of organization or incorporation and bylaws or operating, management or partnership agreement, or other organizational or governing documents, to the extent any such amendment, modification or waiver would be adverse to the Lenders.

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