Common Contracts
1 similar Term Sheet contracts
Term SheetTerm Sheet • February 6th, 2014
This Term Sheet is executed as of this day of , 2014 by and between Redeveloper and Authority (as defined below) and is intended to set forth the terms upon which the parties hereto may be willing to enter into a Development Agreement. Except for Section 10 below (which shall be binding upon Redeveloper) this Term Sheet shall not be deemed conclusive or legally binding upon either party and neither party shall have any obligations regarding the property defined below unless and until a definitive Development Agreement is approved by the EDA board and executed by both parties.
