Future Development Area definition
Examples of Future Development Area in a sentence
The Parties agree that, in determining whether such agreements, documents or instruments are substantially similar to the XXX Coordination Agreements, provisions related to Future Development Area parcels that are not Stadium-Adjacent Parcels will be evaluated solely against provisions of the XXX Coordination Agreements that relate to parcels within the Initial Development Area that are not Stadium-Adjacent Parcels.
The Parties shall in good faith discuss any objections StadCo, Metro and/or any actual or prospective Campus Developer may have to the execution and delivery of such substantially similar agreements, documents or instruments in connection with the development, design, construction, operation and maintenance improvement of one or more parcels within the Future Development Area.
The appropriate Metro officials shall make a good faith effort to present for approval by all necessary governing bodies the construction and funding of the design, development and construction of the Campus Park Area, as and when Campus Improvements Work is being designed, developed and constructed in the Future Development Area.
Any parcel of Campus property that ceases to be subject to either the XXX Development Agreement or an XXX Ground Lease shall cease to be treated hereunder as part of the Initial Development Area, and shall thereafter be treated as being within the Future Development Area.