Development Parcels definition
Examples of Development Parcels in a sentence
The foregoing shall not constitute a waiver by the Developer of any claim it may now or in the future have (or claim to have) against any such public utility provider relating to the provision of (or failure to provide) utilities to the Development Parcels.
By entering into this Development Agreement, the City is in no way modifying the Developer’s obligations to cause the Development Parcels to be used and occupied in accordance with all Laws, as provided herein.
The Developer will pay or cause to be paid as the same become due all deposits, charges, meter installation fees, connection fees and other costs for all public or private utility services at any time rendered to Project or any part of the Development Parcels and will do all other things required for the maintenance and continuance of all such services.
Each Minimum Capital Investment shall consist of some or all of the following sources: (i) private equity, (ii) grant funds (excluding any grants sourced from City or EDA funds and any grants the award or receipt of which would compromise the taxable status of any portion of the Private Development Parcels), (iii) private financing used to develop the Project and (iv) amounts made available from EDA Funding Sources.
The Parties agree that certain information regarding or relating to the Development Parcels obtained or created by the Developer during any Feasibility Studies, or in any other manner, or from any other source (such information, the “Proprietary Information”) may be proprietary.