Common use of Minimum Improvements Clause in Contracts

Minimum Improvements. Developer shall have no obligation to complete any of the Improvements unless and until Developer delivers a Notice to Proceed to the City as described in Section 3.02(c)(ii) below. Developer hereby agrees that upon Developer's delivery of such a Notice to Proceed, Developer shall be deemed irrevocably obligated to complete the Minimum Improvements in accordance with the terms of this Agreement and to fund the Developer Contribution (as defined in Section 3.02

Minimum Improvements. Developer shall have no obligation to complete any of the Improvements unless and until Developer delivers a Notice to Proceed to the City as described in Section 3.02(c)(ii) below. Developer hereby agrees that upon Developer's delivery of such a Notice to Proceed, Developer shall be deemed irrevocably obligated to complete the Minimum Improvements in accordance with the terms of this Agreement and to fund the Developer Contribution (as defined in Section 3.02