Common use of Minimum Development Obligations Clause in Contracts

Minimum Development Obligations. The Concessionaire shall undertake construction of atleast 2,69,462 sq.ft of built-up area (the “Minimum Development Obligations”). The construction works shall commence from the Appointed Date and shall be completed in accordance with the Project Completion Schedule as set forth in Schedule F.

Minimum Development Obligations. The Concessionaire shall undertake construction of atleast 2,69,462 sq.ft 4,66,833 sq.ft. of built-up area (the “Minimum Development Obligations”). The construction works shall commence from the Appointed Date and shall be completed in accordance with the Project Completion Schedule as set forth in Schedule F.