Common use of Developer Contribution Clause in Contracts

Developer Contribution. The Members acknowledge and agree that, for no additional charge or credit to the Catalyst Member’s Capital Account, Catalyst Member caused (or will hereafter cause) Developer to contribute to the Borrower all of (a) Developer’s ownership and contract rights in and to the subject lands and/or purchase agreements (including but not limited to Developer’s Affiliate’s rights to acquire the Property in accordance with the Purchase Agreement (as defined in the Cost-Sharing Agreement) (the “Land Contract”), (b) all design and construction plans for the Project (at Developer’s actual cost, free and clear of all liabilities), (c) all other tangible and intangible rights associated with the Project and (d) all other items appurtenant to the development of the Project (collectively, the “Developer Rights”).

Developer Contribution. The Members acknowledge Without limitation, and agree that, for no additional charge or credit to the Catalyst Member’s Capital Account, Catalyst Member caused (or will hereafter cause) shall cause Developer to contribute to the Borrower all of (a) Developer’s ownership and contract rights in and to the subject lands and/or purchase agreements (including but not limited to Developer’s Affiliate’s rights to acquire the Property in accordance with the Purchase Agreement (as defined in the Cost-Sharing Agreement) (the “Land Contract”), (b) all design and construction plans for the Project (at Developer’s actual cost, free and clear of all liabilities), (c) all other tangible and intangible rights associated with the Project and (d) all other items appurtenant to the development of the Project (collectively, the “Developer Rights”).

Developer Contribution. The Members acknowledge Without limitation, and agree that, for no additional charge or credit to the Catalyst Member’s Member 's Capital Account, Catalyst Member caused (or will hereafter cause) shall cause Developer to contribute to the Borrower all of (a) Developer’s 's ownership and contract rights in and to the subject lands and/or purchase agreements (including but not limited to Developer’s 's Affiliate’s 's rights to acquire the Property in accordance with the Purchase Agreement (as defined in the Cost-Sharing Agreement) (the “"Land Contract”"), (b) all design and construction plans for the Project (at Developer’s Developer 's actual cost, free and clear of all liabilities), ) and (c) all other tangible and intangible rights associated with the Project and (d) all other items appurtenant to the development of the Project (collectively, the “"Developer Rights”").