Examples of Office Parcel in a sentence
The Residential Parcel and the Office Parcel may be constructed or installed in separate phases (each a “Phase”), over time, as determined by Arcadia.
The rights provided under this Agreement shall run with the Property, shall continue in perpetuity and shall not be affected in any manner by any subsequent event or occurrence, including without limitation subdivision of the Residential Parcel from the Office Parcel or changes of ownership.
SED will develop, or cause to be developed, the Office Parcel as an office development containing approximately 165,000 gross square feet of office use and accompanying retail that will serve as a corporate headquarters for Orlando Magic, Ltd.
City and Developer hereby acknowledge and agree that they shall cooperate in good faith with each other and use their commercial best efforts to pursue the economic development of the Office Parcel as contemplated by this Agreement.
The City hereby acknowledges and agrees that any unnecessary delay hereunder would adversely affect Developer and/or the development of the Office Parcel, and hereby authorizes and empowers the City Manager to consent to any and all requests of Developer requiring the consent of the City hereunder without further action of the City Council, except for any actions requiring City Council approval as a matter of law, including, without limitation, any amendment or modification of this Agreement.