Examples of Disposition and Development Agreement in a sentence
Pursuant to that certain Partial Assignment and Assumption of Disposition and Development Agreement with Lab Holding, LLC dated August 20, 2019 and recorded in Official Records of Riverside County, California on October 3, 2019 as Instrument No. 2019-0396883, LAB Holding assigned to Developer and Developer assumed all of LAB Holding’s rights, duties and obligations under the DDA to the extent they apply to the Authority South Mall Property.
In connection with the sale of Lots to Vertical Developers in accordance with Article 17, Developer, the Authority and each Vertical Developer will enter into a Vertical Disposition and Development Agreement (“Vertical DDA”) for Lots that are not subject to the Public Trust.
The Developer shall enter into a First Source Employment Agreement with DOES as required by the Land Disposition and Development Agreement (LDDA).
Because Public Trust property may not be sold in fee, development of certain of the Public Trust Parcels will be subject to a Lease Disposition and Development Agreement (“Vertical LDDA”) that sets forth the terms under which the applicable Public Trust Parcels will be developed for commercial purposes in accordance with Article 17 below.
The SUD provides for varying ratios of commercial parking that is also calculated on an aggregate basis Project-wide, except for off-street parking accessory to the Marina, which will be allocated pursuant to a separate Disposition and Development Agreement between the Authority and the Marina Developer.