Examples of Predevelopment Period in a sentence
During the Predevelopment Period, the Owner hereby grants the Developer and its Predevelopment Service Firms (as well as their employees, subcontractors and agents) easements pursuant to which the Developer and its Predevelopment Service Firms, under the direction of the Developer, shall have the non-exclusive right of vehicular and pedestrian ingress and egress over the roads and walkways leading to and from the Premises.
The parties acknowledge that Concordia will be undertaking fundraising during and after the Predevelopment Period which will influence the timing of the Development Agreement negotiation.
The parties expect that some of the following subjects will be included in the Development Agreement with the scope to be determined during the Predevelopment Period and as a result of Concordia’s fundraising efforts.
The parties anticipate that tentative agreement will be reached as to the following matters during the Predevelopment Period.
The parties will agree on a schedule for beginning that negotiation after the Predevelopment Period.
The Work Plan, defined below, will be completed during the Predevelopment Period, or such extended period as the parties may determine.
Except as otherwise provided by the next sentence below, available cash (including capital proceeds) derived from a Project during the Predevelopment Period for such Project (including from the sale or other disposition of the Project) shall be distributed within thirty (30) days after the Company’s receipt thereof 50% to Investor and 50% to Sponsor.
To request a Borrowing of Revolver Loans, Borrower shall deliver to Agent (to all notice recipients for Agent as listed in Annex I) a written notice, substantially in the form of Exhibit D (a "Notice of Borrowing"), together with a Compliance Certificate.
Commercial and industrial rates vary based on usage and negotiation on behalf of the firm or locations specialist.
Also during the Interim Management and Predevelopment Period, the Selected Qualified Developers are required to: i.