Examples of Redevelopment Agreement in a sentence
The parties hereby agree that Exhibit N of the Redevelopment Agreement is hereby deleted in its entirety and replaced with Exhibit N – Performance Milestones (Second Amendment) attached hereto and hereby incorporated herein.
Assignor hereby transfers and assigns to Assignee, all of Assignor’s rights, interests, duties, obligations, responsibilities, covenants, and liabilities as “Developer” under the Redevelopment Agreement accruing from and after Effective Date, and in and to any and all redevelopment incentives, including but not limited to any community improvement district, and any other similar benefits, granted to Developer thereunder, to the extent accruing from and after the Effective Date.
The foregoing assignment specifically includes all of Assignor’s right to incentive reimbursements under the Redevelopment Agreement to the extent accruing from and after the Effective Date.
The Improvements shall be those authorized by the Redevelopment Agreement, implemented in accordance with all permits and approvals and pursuant to the schedule agreed upon by the Township and the Entity.
BE IT RESOLVED by the Township Council of the Township of Bridgewater, County of Somerset, State of New Jersey, that the Mayor is hereby authorized to execute the Redevelopment Agreement annexed hereto as Exhibit A.