Examples of Master DDA in a sentence
Certain roadways and driveways within the Project Site are currently private streets as set forth in Article 8 and Exhibit N of the Master DDA and shall not be dedicated to the City as public streets but shall remain as privately owned roadways and driveways (“Private Streets”).
The Agency shall take all necessary and appropriate steps to provide for the relocation of tenants of each affected Site Parcel that comprise the Master DDA Property except to the extent as provided in Section 2.6(e) in the case of a Third Party Parcel which may be directly acquired by the Owner.
The Servicer shall not make any amendment, change or other modification to the terms of the Custodial Agreement, or any other document, agreement or arrangement relating to any of the Master DDA Control Agreement, the Collateral Account Agreement or to its instructions to Obligors required to be made in compliance with this Agreement, unless the Agent shall have consented thereto in each instance.
The Owner shall have no duty or obligation for any provisions contained in the Master DDA which are not specifically set forth either in this Agreement, the Agency Quit Claim Deed or any other ancillary agreement by and between the Owner and the Agency.
Upon acquisition by the Owner of any of the Project Site, all properties that comprise the Project Site will be subject to those terms and conditions required by the Master DDA as shall be contained in this Agreement and in the Agency Quit Claim Deed.
The parties intend that the Agency shall exercise its best effort to cause the condition of title in the Master DDA Property and such other portions of the Project Site to be transferred to the Owner upon the close of the Site Transfer Escrow to be in a marketable condition for the purposes of the redevelopment of the Project by the Owner subject to the conditions required by the USAF to be contained in the Agency Quit Claim Deed and the other conditions required under applicable federal and State law.
Under the Master DDA, HPS serves as the “master developer” of certain real property in the City of San Francisco, California commonly known as Phase 1 of the Hunters Point Shipyard and in connection therewith has constructed and continues to construct certain infrastructure, parks and other “horizontal” improvements on the real property described in the Master DDA (as more particularly described in the Master DDA, the “Master Project”).
Reference to an agreement (including this Agreement, the Development Agreement, the Master DDA, the Retail Project DAA and all other contracts or agreements referenced herein) or any other document means that agreement or document as it may be amended, modified, supplemented or restated (including all extensions) from time to time in accordance with its terms (including on or prior to the Effective Date).
A further environmental analysis was undertaken by the Agency at the time of the approval of the Master DDA in November, 2002, and the parties recognize and agree that all applicable environmental proceedings pursuant to CEQA for the approval and execution of this Agreement have been duly taken by all parties.
Notwithstanding the foregoing, if HPS Transfers all or substantially all of its interests in the Master DDA to any Person, it shall contemporaneously (and without Manager’s Approval) Transfer its corresponding rights and obligations under this Agreement to such Person, and such Transfer shall not constitute a breach of this Agreement but shall be subject to Section 6.3, if applicable.