Common use of DEVELOPMENT AND USE Clause in Contracts

DEVELOPMENT AND USE. GoK agrees and covenants with [Name of SPV] that [Name of SPV] shall have the right and shall be entitled to develop and use the Site for the Purposes of the Airstrip in the manner as [Name of SPV] considers appropriate, subject to compliance with the Master Plan and obtaining the necessary regulatory approvals.

Appears in 3 contracts

Sources: Leave and License Agreement, Leave and License Agreement, Leave and License Agreement