Development and Completion Guaranty definition

Development and Completion Guaranty is that guaranty, attached hereto as Exhibit E, to be executed by Guarantor, which shall bind the Guarantor to develop and otherwise construct the Project in the manner and within the time frames pursuant to the terms of this Agreement and the Declaration.
Sample 1Sample 2Sample 3

Examples of Development and Completion Guaranty in a sentence

  • As further assurance of the above and of the covenants contained in the Declaration, Developer shall cause the Development and Completion Guaranty to be executed by Guarantor on or before Closing.

  • The Development and Completion Guaranty shall be delivered to District no later than Closing.

  • The District shall also require that an affiliate of the developer, approved by the District, execute a Development and Completion Guaranty in the form attached to the PDA guaranteeing the completion of the Project in accordance with the Construction Covenant.

  • In the event Developer fails to perform any of its obligation contained in these Covenants, the District may require the Guarantors, in accordance with the terms of the Development and Completion Guaranty, to perform Developer’s obligations.

  • In the event Developer fails to perform any of its obligations contained in these Covenants, the District may require the Guarantors, in accordance with the terms of the Development and Completion Guaranty, to perform Developer’s obligations.

  • By:_ Name: Xxxxx Xxxxxxxxx Title: President Exhibit A Property Description Exhibit B Deed Exhibit C Affordability Covenant Exhibit D Declaration of Covenants Exhibit E Letter of Credit Exhibit F Development and Completion Guaranty Exhibit G Schedule of Performance Exhibit H Schedule of Affordable Units For the purpose of evidencing their consent and agreement to be bound to the provisions in this Agreement applicable to the Guarantor, Manna, Inc.

  • In the event of Developer Default under this Agreement after Closing, District shall be entitled to all the remedies set forth in the Deed, Ground Lease, Construction and Use Covenant, Affordable Housing Covenant, and Development and Completion Guaranty, including, without limitation, the right of District to re- enter and take possession of the Property under the Deed.

  • As further assurance of the above and of the covenants contained in the Construction and Use Covenant, Developer shall cause the Development and Completion Guaranty to be executed by Guarantor on or before Closing.

  • The Development and Completion Guaranty shall comply in all material respects with the terms of the form of Development and Completion Guaranty attached hereto as Exhibit K.

  • After Closing, Developer shall be permitted to modify the Final Project Budget and Funding Plan with District’s approval, as may be reasonably necessary to construct the Improvements in accordance with the Approved Construction Drawings, provided that the Development and Completion Guaranty remains in full force and effect and Developer notifies District of such modifications in accordance with the Construction and Use Covenant.

Related to Development and Completion Guaranty

  • Completion Guaranty means the Guaranty of Completion and Payment of even date herewith from Indemnitor for the benefit of Lender, as amended from time to time.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Development Agreement has the meaning set forth in the Recitals.

  • Development Project means a project for the development of land within a project area.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Redevelopment Agreement means an agreement between the

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co-ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Joint Development Agreement has the meaning provided in Section 5.3.

  • Development Permit means a document authorizing a development issued pursuant to this Land Use Bylaw;

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Development Consent means the consent granted to the Development Application for the Development and includes all modifications made under section 4.55 of the Act.

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Design Development Documents means the Drawings, Specifications and other documents prepared by the Trade Contractor that establish and describe the size and character of the Trade Contractor Work as to architectural, civil, structural, mechanical and electrical systems, graphics and signage, and other elements, and which include typical construction details, equipment layouts and specifications that identify major materials and systems.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Project Improvements means site improvements and facilities that are:

  • Redevelopment project means a specific construction project

  • Project Agreement means the agreement between the Bank and the Project Implementing Entity of even date herewith, as the same may be amended from time to time; and such term includes all schedules and agreements supplemental to the Project Agreement.

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Commercial Supply Agreement has the meaning set forth in Section 5.2.