Development Parcel definition
Examples of Development Parcel in a sentence
After the Effective Date, Assignee shall observe and/or perform those restrictions and obligations listed in Conditions of Approval ## Development Parcel.
City hereby approves and consents to the transfer of the Development Parcel by Assignee to the Development Lender to secure a promissory note executed by Assignee to Development Lender in the face amount not to exceed Assignor and Assignee Dollars ($ have provided the City conveyancing documents evidencing the Transfers referenced above, and the City hereby approves such conveyancing documents and all the terms and conditions of such Transfers.
City hereby approves and consents to the Transfer of the Development Parcel by Assignor to Assignee pursuant to the terms and provisions of the Purchase Agreement.
This Agreement shall be effective as to all of the Parties at such time as (i) the City has confirmed in writing to Assignee that the statements in Section 4 are accurate and (ii) fee title to the Development Parcel has been properly vested in Assignee (the “Effective Date”).
After the Effective Date, Assignee shall assume the obligations of the Owner under the following Sections of the DA with respect to the Development Parcel: ..