Common use of Concept Site Plan Clause in Contracts

Concept Site Plan. The Concept Site Plan sets forth the scope of development for the entire Premises, including depicting the types of basic land uses, buildings and structures on the Property. Tenant understands, acknowledges and agrees that the prior Conceptual Plan developed by the Town and illustrated in Exhibit O attached to this Lease is a general manifestation of a possible development that could be, with refinement, transferred to the Premises. Tenant further understands and agrees that such Conceptual Plan, because of its general nature, does not address all of the issues and requirements related to the actual use of the Premises. By way of illustration, such Conceptual Plan does not indicate areas for water detention or water retention which will be necessary in connection with the completed project. Tenant has caused a reasonably detailed specific Concept Site Plan to be developed and has provided the same to Town for its approval prior to the execution of this Agreement.