Common use of Coastal Development Permit Clause in Contracts

Coastal Development Permit. a. Tenant shall, at Tenant’s sole cost and expense, perform all work required of Tenant pursuant to the July 9, 2019, Coastal Development Permit PDP-18-006 (“2019 Coastal Development Permit”). See Exhibit “B”. b. Tenant shall on Oct 1, 2024, January 1, 2025, April 1, 2025, and July 1, 2025, provide to Landlord a written update on Tenant’s progress towards and continuing compliance with the requirements of the Coastal Development Permit. c. Tenant’s failure to fulfill its obligations under the 2019 Coastal Development Permit within 365 days of the Effective Date shall be an event of default, subject to termination pursuant to Section 19 of this Lease.

Coastal Development Permit. a. Tenant shall, at Tenant’s sole cost and expense, perform all work required of Tenant pursuant to the July 9, 2019, Coastal Development Permit PDP-18-006 (“2019 Coastal Development Permit”). See Exhibit “B”. b. Tenant shall on Oct 1, 2024, January 1, 2025, April 1, 2025, and July 1, 2025, provide to Landlord a written update on Tenant’s progress towards and continuing compliance with the requirements of the Coastal Development Permit. c. Tenant’s failure to fulfill its obligations under the 2019 Coastal Development Permit within 365 days of the Effective Date shall be an event of default, subject to termination pursuant to Section 19 18 of this Lease.