Common use of Declaration of Restrictions Clause in Contracts

Declaration of Restrictions. Due to the nature of the Design District Development Park (as defined in the Zoning Regulations) in which the Project will be located, it may be necessary or appropriate to enter into a Declaration of Restrictions to be recorded in the Norwalk Land Records delineating the rights and obligations of the owners of real property within such Design District Development Park relating to such matters as the use, operation, maintenance, repair and replacement of any common areas or facilities, the obligations under Section 14.6(b) and/or the future development of any real property therein in a manner that does not adversely affect the zoning compliance of any other real property within such Design District Development Park. The Parties shall cooperate in good faith with respect to the approval and implementation of any such declaration of restrictions and covenants and any supplements or amendments thereof (as so approved, collectively, the “Declaration of Restrictions”) provided the same do not amend the general purpose or intent of this Agreement, diminish Redeveloper’s obligations or the City’s or the Agency’s rights under this Agreement or increase the City’s or the Agency’s obligations hereunder.

Declaration of Restrictions. Due to the nature of the Design District Development Park (as defined in the Zoning Regulations) in which the Project will be located, it may be necessary or appropriate to enter into a Declaration of Restrictions to be recorded in the Norwalk Land Records delineating the rights and obligations of the owners of real property within such Design District Development Park relating to such matters as the use, operation, maintenance, repair and replacement of any common areas or facilities, the obligations under Section 14.6(b) and/or the future development of any real property therein in a manner that does not adversely affect the zoning compliance of any other real property within such Design District Development Park. The Parties shall cooperate in good faith with respect to the approval and implementation of any such declaration of restrictions and covenants and any supplements or amendments thereof (as so approved, collectively, the “Declaration of Restrictions”) provided the same do not to amend the general purpose or intent of this Agreement, diminish Redeveloper’s obligations or the City’s or the Agency’s rights under this Agreement or increase the City’s or the Agency’s obligations hereunder.