Examples of Phase 2 Property in a sentence
Access to the Phase 2 Property shall be via the development of Xxxxx Road (the “Xxxxx Road Path”).
Further, Seller advises Buyer that the Casino Site Infrastructure Work includes infrastructure work related to the Phase 1 Property and the Phase 2 Property.
The Buyer Infrastructure Development Obligations Narrative separately designates the portions of the Infrastructure Work which will comprise the off-site infrastructure and onsite infrastructure work and improvements required for the development of the Phase 1 Property (the “Phase 1 Infrastructure Work”) and for the development of the Phase 2 Property (the “Phase 2 Infrastructure Work”).
Based on Exhibit B-2, the Parties intend for the Phase 2 Property to be 242.17 gross acres corresponding to a Phase 2 Purchase Price of $103,944,773.
Such easements shall be established only to the extent and for the duration that they are reasonably necessary to complete the Phase 1 Infrastructure Work and include a right of way for pedestrian, vehicular, utility trucks and other similar vehicular access over the Phase 2 Property as may be necessary to design, plan, construct and install the Phase 1 Infrastructure Work.