Examples of Expansion Property in a sentence
Nothing herein contained, however, shall in any way obligate Developer to enlarge the Condominium Project beyond the boundaries established by this Master Deed, and Developer (or its successors or assigns) may, in its discretion, establish all or a portion of said Expansion Property as a rental development, a separate condominium project (or projects), or any other form of development.
The Regents has agreed to pay the Primary Developer, in lieu of the PILOT Payments and in addition to the Affordable Housing Payment, a share of the costs of Infrastructure required for development of the Blocks 33/34 Expansion Property, which the Primary Developer will construct, under a separate agreement between the Regents and FOCIL (the "Infrastructure Agreement").
The Regents shall be responsible for reimbursing reasonable costs incurred by the Successor Agency and City Agencies in connection with the preparation, completion and execution of this MOU, as well as reasonable costs incurred by the Successor Agency and City Agencies related to the review of the design and construction of development on the Blocks 33/34 Expansion Property and to the review and processing of all necessary City approvals.
Expansion Property Purchaser, its counsel, accountants, agents and other representatives, shall have full and continuing access to the Expansion Property and all parts thereof, upon reasonable notice to City.
Expansion Property Purchaser must exercise the Expansion Election by delivering written notice thereof to City within two (2) years of the Closing Date (the Expansion Election Date), or the Expansion Election lapses.