CPR Documents. In order to complete the Development, Licensor intends to (a) execute and record (as applicable) the CPR Documents to establish the Project, and (b) register the Project and the CPR Ag Lots (as defined in Addendum A.2) with the State of Hawaii Real Estate Commission (the “REC”) by filing a developer’s public report (and any amendment to or restatement of the developer’s public report for the Project) (the “Public Report”) for the Project in accordance with HRS Chapter 514B (as amended, the “CPR Act”). Upon the issuance of an effective date for the Public Report, Licensor will provide Licensee with a copy of the then-current CPR Documents, the Public Report, and all other documents, disclosures and receipts required under the CPR Act in connection with the sale of a CPR Ag Lot in the Project.
Appears in 2 contracts
Sources: 99 Year License Agreement, Month to Month License Agreement