Common use of Timing of Development Clause in Contracts

Timing of Development. The parties acknowledge that Developer cannot at this time predict when or at what rate the Property would be developed. Such decisions depend upon numerous factors which are not all within the control of Developer, such as market orientation and demand, availability of financing, interest rates and competition. Developer may therefore construct the Project in either a single phase or multiple phases (lasting any duration of time) within the Term of this Agreement. Because the California Supreme Court held in Xxxxxx Construction Co. v.

Timing of Development. The parties acknowledge that Developer cannot at this time predict when or at what rate the Property would be developed. Such decisions depend upon numerous factors which are not all within the control of Developer, such as market orientation and demand, availability of financing, interest rates and competition. Developer may therefore construct the Project in either a single phase or multiple phases (lasting any duration of time) within the Term of this Agreement. Because the California Supreme Court held in Xxxxxx Construction Co. v.in

Timing of Development. The parties Parties acknowledge that the Developer cannot at this time predict when or the rate at what rate which phases of the Property would will be developed. Such decisions depend upon numerous factors which are not all within the control of the Developer, such as market orientation and demand, availability interest rates, absorption, completion and other similar factors. Except as expressly provided by this Development Agreement, the rate, timing, phasing and sequencing of financing, interest rates and competitiondevelopment shall be at the discretion of the Developer. Developer may therefore construct In the Project in either event that a single phase or multiple phases (lasting any duration of time) within the Term of this Agreement. Because the California Supreme Court held in Xxxxxx Construction Co. v.land use regulation is

Timing of Development. The parties Parties acknowledge that Developer cannot at this time predict when or the rate at what rate which phases of the Property would will be developed. Such decisions depend upon numerous factors which are not all within the control of Developer, such as the timing of construction of the roadway improvements, market orientation and demand, availability of financinginterest rates, interest rates absorption, competition and competitionother similar factors. Developer may therefore construct the Project in either a single phase or multiple phases (lasting any duration of time) within the Term of this Agreement. Because Since the California Supreme Court held in Xxxxxx Construction Co. v.in