Recreational Facility. Seller shall construct a recreational facility, as described in the plans therefor included in the Project Documents, upon the issuance of a building permit for the 351st dwelling unit in the Paradise Valley development (exclusive of any building permits for the NCROC project). Buyer shall provide Seller quarterly reports indicating the number of closings in any given quarter to facilitate Seller's compliance with this requirement.
Appears in 4 contracts
Samples: Purchase Agreement (Homefed Corp), Option to Purchase Real Property (Homefed Corp), Purchase Agreement (Homefed Corp)
Recreational Facility. Seller shall construct a recreational facility, as described in the plans therefor included in the Project Documents, upon the issuance of a building permit for the sale of the 351st dwelling unit in the Paradise Valley development (exclusive of any building permits for the NCROC project). Buyer shall provide Seller quarterly reports indicating the number of closings in any given quarter to facilitate Seller's compliance with this requirement.
Appears in 1 contract
Recreational Facility. Seller shall construct a recreational facility, as described in the plans therefor included in the Project Documents, upon the issuance of a building permit for the sale of the 351st dwelling unit in the Paradise Valley development (exclusive of any building permits for the NCROC project). Buyer shall provide Seller quarterly reports indicating the number of closings in any given quarter to facilitate Seller's compliance with this requirement.
Appears in 1 contract
Samples: Purchase Agreement (Homefed Corp)
