Examples of Financing District in a sentence
Pursuant to the Power of Attorney, Builder may execute on behalf of Owner any and all applications, agreements, and other documents that are reasonably related to the proposed development of the Property including without limitation any documents that must be signed by the owner of the Property (e.g., Final Plats, the Declaration, easements, and Financing District documents).
Owner and Contractor hereby acknowledge and agree that Contractor shall be entitled to any and all reimbursement and/or advances from any Financing District (as defined in the Option Agreement).
Upon Builder’s request, Owner shall convey all or a portion of the Common Areas to Builder, the Association, a Financing District or any other Approving Authority; provided, however, that Owner shall be entitled to reserve such easements as may be reasonably necessary for the development of the Unpurchased Homesites.
In connection with the funding and formation of any Financing District (as defined below), Owner Parties shall cooperate and execute such documents as are required to be signed by Owner in its capacity as the fee title owner of the Property or portions thereof).
Additionally, if following Builder’s acquisition of all of the Homesites in accordance with the terms of this Agreement, Owner still holds legal title to any portion of the Property, including, without limitation, any Common Areas (the “Remainder Parcels”), Owner shall convey by quitclaim such Remainder Parcels to, at Builder’s option, either Builder, the applicable Financing District, and/or the applicable homeowner’s association.