Common use of Term of this DDA Clause in Contracts

Term of this DDA. The term of this DDA (the “Term”) shall commence upon the Effective Date and shall terminate, unless earlier terminated as provided below, on the date of the later of: (i) (a) as it pertains to the Candlestick Site and the establishment or incurrence of loans, advances or indebtedness to finance in whole or in part the Project at the Candlestick Site, thirty (30) years from the effective date of the ordinance adopting amendments to the BVHP Redevelopment Plan (the “2024 Plan Amendment Date”);

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Term of this DDA. The term of this DDA (the “Term”) shall commence upon the Effective Date and shall terminate, unless earlier terminated as provided below, on the date of the later of: : (i) (a) as it pertains to the Candlestick Site and the establishment or incurrence of loans, advances or indebtedness to finance in whole or in part the Project at the Candlestick Site, thirty (30) years from the effective date expiration of the ordinance adopting amendments to the BVHP Redevelopment Plan (the “2024 Plan Amendment Date”)Plan;

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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