Developer’s Reliance Clause Samples

The Developer’s Reliance clause establishes that the developer is entitled to depend on the accuracy and completeness of information, documents, or representations provided by the other party, typically the client or owner. In practice, this means the developer is not responsible for verifying every detail supplied by the client, such as site surveys, design specifications, or regulatory approvals, unless otherwise specified. This clause helps allocate risk by clarifying that the developer is not liable for errors or omissions in information provided by the client, thereby ensuring clarity and protecting the developer from unforeseen liabilities arising from inaccurate client-supplied data.
Developer’s Reliance. The BOCC acknowledges that the Developer would not make the long term financial commitments necessary to substantially build out the Project in accordance with the approved PUD Phase I Plan or to provide the proffered infrastructure improvements, without ▇▇▇▇▇▇▇▇▇ County’s commitment to allow the Project to be governed by and subject to the development laws in effect as of the Effective Date of this Agreement, to the maximum extent permitted by law.
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Related to Developer’s Reliance

  • Buyer’s Representations Buyer represents and warrants to, and covenants with, Seller as follows:

  • Reliance on Company Statement Whenever in the performance of its duties under this Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer, Chief Financial Officer, Secretary or Chairman of the Board of the Company and delivered to the Warrant Agent. The Warrant Agent may rely upon such statement for any action taken or suffered in good faith by it pursuant to the provisions of this Agreement.