Developer Agreement Sample Clauses

Developer Agreement. As a condition of final project approval, applicant will complete the appropriate HIP Developer Agreement [e.g., HIP Sale, HIP Sale (Condominium Conversion), or HIP Rental Agreement]. Sample HIP Sale and Rental Agreements are attached.

Developer Agreement. Before or as a condition of receiving final approval from the Village Board of any final plat, condominium plat, or certified survey map for which public improvements are required by this Ordinance; or for which public improvements, dedications, or fees are being deferred under this Ordinance; or for which phasing approval is being granted under Section 4.23 of this Ordinance, the subdivider shall sign and file with the Village Board a development agreement. The development agreement shall be approved as to form by the Village Attorney, and shall be approved by the Village Board prior to approval of the final plat, condominium plat, or certified survey map.

Developer Agreement. City’s Future Laws that ▇▇▇▇▇▇▇▇▇ agrees in writing apply to the Project;

Developer Agreement. Microsoft Developer Network Agreement In addition to the foregoing, it is explicitly understood by the parties to this Agreement, that there are third-party software packages that are used in the conduct of the Business that, by their terms and conditions, are not transferable. As a result, SSI explicitly acknowledges and agrees that VASCO shall use its commercially best efforts to achieve the transfer to SSI of such Licenses by the Effective Date. To the extent that any such License is not effectively transferred by VASCO to SSI as of the Effective Date, and thereafter SSI encounters any difficulty in purchasing upgrades, maintenance or renewals with respect to such licenses based on a question of the appropriate licensee or title to such License, then VASCO shall use its reasonable efforts to cooperate with SSI in effecting the transfer thereof to SSI. Additional License with The Kernal Group: VASCO and SSI acknowledge and agree that, notwithstanding its best efforts, VASCO has been unable to obtain the consent of The Kernal Group or its affiliate, Zerofault, to the assignment to SSI of that certain software license agreement by and between VASCO and The Kernal Group (the "Kernal License"). SSI has determined that it does not currently require an assignment of the Kernal License for the continued operation of the Business and hereby acknowledges and agrees that the Kernal License is not among the Permits and Licenses to be transferred to SSI pursuant to the Agreement; provided, however, that if, within twelve (12) months following the Effective Date, SSI concludes that the Kernal License is necessary or reasonably beneficial to the operation of the Business, SSI shall inform VASCO of its desire to assume the Kernal License, and VASCO shall use commercially best efforts, with the full cooperation of SSI, to obtain the necessary consent to assign the Kernal License to SSI. SCHEDULE 2.7 Allocation Schedule Allocation of Purchase Price for the VACMAN Enterprise transaction Purchase Price Preferred Shares $ 2,000,000 Note 1,073,094 Total Purchase Price $ 3,073,094 Allocation of Purchase Price: 1 - Intangible Assets Technology $ 1,500,000 Workforce 400,000 Customer Contracts 1,073,094 $ 2,973,094 2 - Tangible Assets 100,000 Total Allocation of Purchase Price $ 3,073,094 SCHEDULE 2.8 Assumed Liabilities SecureD Services Inc. ("SSI") shall not be responsible for any activities that occurred or any liabilities or expenses related to the Business that were created...

Developer Agreement. Unless otherwise identified in this Agreement, The Housing Authority of the City of Arlington will continue to administer the Neighborhood Stabilization Program according to the terms of the Agreement between the City of Arlington, Texas and the Housing Authority of the City of Arlington entered into on May 3, 2010 and attached to this document as Appendix B. Appendix B is incorporated herein as if written word for word.

Developer Agreement. The Administrator may require that terms and conditions of applicant's perfor- ▇▇▇▇▇ under this Part be included in the developer agreement required pursuant to Chapter 22 (Subdivision and Land Development) of the Carnegie Borough Code of Ordinances. (Ord. 2354, 7/11/2011, §111)

Developer Agreement. DOH authorizes the City to locate a Developer and negotiate the Purchase Agreement on reasonable terms with such Developer to purchase and rehabilitate ▇▇▇▇▇▇▇▇ ▇▇▇▇, subject to the approval of DOH which will not be withheld in its reasonable discretion. The parcel of land that ▇▇▇▇▇▇▇▇ ▇▇▇▇ occupies will be leased to the Developer by DOH pursuant to a land lease (the “Land Lease”) as more specifically described in Section 2.2. Except as provided in Article I, the City, DOH, and the Developer must close on the sale of ▇▇▇▇▇▇▇▇ ▇▇▇▇ and the Land Lease within two years of the Effective Date.

Developer Agreement. 1. Developer shall purchase a 1.41-acre parcel on Viking Drive as shown on Exhibit A. The parcel is comprised of tax parcels 2719-00000 and 2720-00000. 2. Developer proposes to construct a six screen movie theater with a total seating capacity of 500 on the development site, generally as shown on Exhibit B. The proposed buildings architectural style will be as illustrated on Exhibit C. The building will be a steel frame structure with steel siding, but will be enhanced with architectural accents on the exterior walls. 3. Developer agrees to operate and maintain the six screen first run movie multiplex with first class amenities such as recliner seating and an expanded food and beverage concession area. 4. Developer intends to begin the construction the movie theater in the fall of 2019, with construction completed in the spring of 2020. 5. Developer shall execute a long term agreement with Viking Foods to use a portion of their parking lot to serve the proposed movie theater. The parking agreement is attached as Exhibit D. 6. Developer’s total expenditure for the facility is estimated to be $2,695,000 including land acquisition, construction, furnishings, equipment, signage, inventory, professional fees and working capital. 7. The increase in tax base for the building is estimated to be $2,000,000, which will generate an estimated $49,620 of annual tax increment revenue. For purposes of this agreement, both parties agree the existing assessed value of the two parcels is $373,100 and the 2018 real estate tax revenue is $8,952.73. The 2018 real estate tax revenue will be used to calculate the annual tax increment revenue amount. 8. Obtain all necessary permits; comply with all local, state, and federal requirements. Developer shall be responsible to pay all permit fees and City impact and connection fees. 7. Submit a site plan, building plan and a landscaping plan for the City to review and approve. 10. Execute a Development Agreement between the City and Developer as stipulated in Section IV. 11. Developer shall not seek a reduction of property tax assessment during the term of this agreement. 12. Any costs expended by the Developer will be exclusive to the Developer and will not be a cost of the City.

Developer Agreement. That prior to or concurrently with execution of this Agreement, the City and Developer have entered into the Developer Agreement, the terms of which are satisfactory to the Secretary, which obligates the Developer to take all necessary action for the establishment of the TDD, that encompasses the Developer’s and City’s acknowledgement and agreement that all of the TDD Sales Tax remitted to the City in the manner set forth in the Act, less the TDD Administrative Fee, shall be remitted by the City to the Secretary representing the City’s participation in Eligible Costs of the Project until the total amount remitted to the Secretary equals $11,000,000.00, and which includes language making the Secretary a third party beneficiary thereof.