Master Developer Clause Samples

Master Developer. The Developer shall act as the Master Developerexclusive developer for the Development and design and construct both phases of the Development. However, the Contract shall include a provision that the office building constructed as part of Phase I shall be sold to the ▇▇▇▇▇▇▇▇▇▇▇ Group Insurance (“▇▇▇▇▇▇▇▇▇▇▇”) for their headquarters. In its role as Master Developer, the Developer shall use best efforts to cooperate with ▇▇▇▇▇▇▇▇▇▇▇ on the design of Phase I so that it is suitable for its business.. During the term of this Agreement, the Developer shall. provide reasonable assistance, advice, and all information and materials in Developer’s possession and reasonably requested by ▇▇▇▇▇▇▇▇▇▇▇ Group Insurance to help it develop an office building on the Property, to the extent Developer has been engaged by ▇▇▇▇▇▇▇▇▇▇▇ or is providing general information regarding the Property. Nothing herein shall be deemed to require Developer provide development, pre-construction, or planning services to ▇▇▇▇▇▇▇▇▇▇▇ Group Insurance without compensation.

Master Developer. The Village and Master Developer entered into the MDA based upon the Village Trustees’ determination that Master Developer had displayed an exceptional level of commitment to the Village and its residents and had in good faith expended considerable time, effort and funds in connection with the planning process, community outreach, delivery of all various deliverables and adherence to all goals and objectives contemplated in the Exclusivity Agreement and in the Memorandum of Understanding between the Parties. The Village recognizes that the Master Developer, with the same level of commitment and good faith, has further expended considerable time, effort and funds in connection with its continued performance of its obligations under the MDA. The Village further recognizes that Master Developer has expended significant effort in collaborating with the Village on the SEQRA process and the DOZ Ordinance adopted by the Village. In recognition of the foregoing, the Village contemplates a continuing productive partnership with Master Developer and its expected continued compliance with the terms and conditions of the MDA, as development in the Project Area proceeds.

Master Developer. US2 is the Master Developer designated by SRA as the redeveloper of the Disposition Parcels, pursuant to the terms of the Revitalization Plan and this Agreement. US2 and SRA agree to work together in good faith during an exclusive negotiating period commencing upon the date of this Agreement and extending through June 30, 2015, unless earlier terminated, to undertake the tasks and activities set out in this Agreement (including without limitation the negotiation and execution of a Master Land Disposition Agreement), and thereafter to negotiate and enter into such other agreements as may be necessary to accomplish the revitalization of Union Square, including without limitation one or more Land Disposition Agreements acceptable to DHCD as required under 760 C.M.R. 12.05 and one or more Community Benefits Agreements, as described herein. The exclusive negotiating period will be automatically extended for one (1) six month period at the request of either party. Any further extensions beyond December 31, 2015 shall be by mutual agreement of the parties, with the parties agreeing to reasonably consider any such further extensions so long as Master Developer is diligently pursuing the activities described hereunder.

Master Developer. To the extent that a substantial portion of the Site that is not transferred to the Port is transferred by the City to a Master Developer, and the City and Master Developer jointly request in writing that DTSC approve assignment of the City’s rights and obligations under this Agreement to the Master Developer, DTSC agrees to review and consider, in consultation with the Army, approval of such assignment.

Master Developer. ‌ 11 On and subject to the terms and conditions of this Agreement, the City hereby 12 grants to ▇▇▇ the sole and exclusive right to renovate the VMC. ▇▇▇ shall contract for the 13 construction of the Project Improvements on the Project Site. Except as expressly provided 14 otherwise in this Agreement, ▇▇▇, without compensation from the City or PWH, but subject to 15 the provisions of the Project Funding Agreement, shall take all actions, retain all persons and 16 firms and employ all means to design, install and construct, or cause to be designed, installed 17 and constructed, the Project Improvements in the manner and within the times contemplated by 18 this Agreement, consistent with the Public Objectives. In so doing, ▇▇▇ shall act in its own 19 name as an independent contractor and not on behalf of or as an agent, joint venturer, or partner 20 of PWH, the City or any other public entity except under such circumstances as the City or other 21 public entity shall expressly designate in writing that ▇▇▇ is its agent (for example, such as may 22 be necessary to effect utility abandonments and relocations, if any). ▇▇▇ shall comply with or 23 shall cause the Contractor to comply with the requirements set forth on Exhibit 3.2.5.

Master Developer. Maximum Residential Units........................................................................................................

Master Developer. Section 3.02 of the Original Development Agreement is hereby amended by addition of subsection 3.02

Master Developer. “Master Developer” means a real estate developer approved by Landlord and Tenant pursuant to Section 4.6. In the event there are more than one Master Developers approved by Landlord and Tenant pursuant to Section 4.6, then all such Master Developers shall be referred to collectively as the “Master Developer” for purposes of this Lease unless the context otherwise indicates.

Master Developer. The Developer shall act as the Master Developer for the Development and design and construct both phases of the Development. However, the Contract shall include a provision that the office building constructed as part of Phase I shall be sold to the ▇▇▇▇▇▇▇▇▇▇▇ Group Insurance (“▇▇▇▇▇▇▇▇▇▇▇”) for their headquarters. In its role as Master Developer, the Developer shall use best efforts to cooperate with ▇▇▇▇▇▇▇▇▇▇▇ on the design of Phase I so that it is suitable for its business.