Examples of City Parcels in a sentence
Adjacent to the Agency Parcels and City Parcels, are two privately-owned parcels of real property located at (i) 0000 Xxxx Xxxxxx, currently occupied by Yoli’s Flowers, APN 0000-000-000; and (ii) 0000 Xxxx Xxxxxx, currently occupied by Guadalajara Inn Restaurant, APN 0000-000-000 (collectively “Private Parcels”), which two Private Parcels are legally described in Attachment A-3 hereto and for which it is Developer’s sole responsibility to acquire site control over.
For purposes of clarification, the Parties acknowledge and agree that the items for both of the ESC Land Closing and the City Parcels Closing shall be executed and delivered in accordance with the preceding sentence at least one (1) business day before the ESC Land Closing.
In the alternative, if Developer is unable to acquire sufficient Site Control over the Private Parcels as needed to incorporate the Private Parcels into the Project, then the “Site” shall refer only to the Agency Parcels, City Parcels, and those Private Parcels over which Developer does have Site Control.
Subject to the findings of due diligence described further below, TRG has requested and the City Agrees to grant TRG exclusive rights to construct a mixed-use development on City Parcels 4, 5, and 6 identified in Exhibit “A”.
TRG waives all rights and agrees that those remaining City Parcels identified in Exhibit “A” and not addressed in Phases 1 or 2 described above, are excluded from the scope of the Project as defined in this Agreement (the “Excluded City Parcels”).