Timing of Development. The parties acknowledge that OWNER cannot at this time predict when or the rate at which phases of the Property will be developed. Such decisions depend upon numerous factors which are not within the control of OWNER, such as market orientation and demand, interest rates, absorption, completion and other similar factors. Since the California Supreme Court held in
Appears in 9 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
Timing of Development. The parties acknowledge that OWNER cannot at this time predict when or the rate at which phases of the Property will be developed. Such decisions depend upon numerous factors which that are not within the control of OWNER, such as market orientation and demand, interest rates, absorption, completion completion, and other similar factors. Since the California Supreme Court held in
Appears in 2 contracts
Samples: Development Agreement, Development Agreement
Timing of Development. The parties Parties acknowledge that OWNER Owner cannot at this time predict when or the precise rate at which phases of the Property will be developed. Such decisions depend upon numerous factors which are not within the control of OWNEROwner, such as market orientation and demand, interest rates, absorption, completion demand and other similar factors. Since Because the California Supreme Court held in
Appears in 1 contract
Samples: Development Agreement
Timing of Development. The parties Parties acknowledge that OWNER cannot at this time predict when or the rate at which phases of the Property will be developed. Such decisions depend upon numerous factors which are not within the control of OWNER, such as market orientation and demand, interest rates, absorption, completion and other similar factors. Since the California Supreme Court held in
Appears in 1 contract
Samples: Development Agreement
