Common use of Nature, extent and timing Clause in Contracts

Nature, extent and timing. (a) Despite any other provision of this clause 4, the Developer must make the Development Contribution in Column 2 of the Table at the point in time set out in Column 6 of the Table in accordance with this Agreement. (b) In relation to a Work, the reference ‘make’ in clause 4.1 (a) is a reference to the completion of the Work for the purposes of this Agreement. (c) Nothing in this Agreement precludes a Developer from electing to make a Development Contribution earlier than it is required to do so.

Nature, extent and timing. (a) Despite any other provision of this clause 4, the The Developer must make the Development Contribution Contributions in Column 2 3 of the Table at the point in time set out in Column 6 5 of the Table in accordance with this Agreement. (b) In relation to a Work, the reference ‘make’ in clause 4.1 (a) is a reference to the completion of the Work for the purposes of this Agreement. (c) Nothing in this Agreement precludes a the Developer from electing to make a Development Contribution earlier than it is required to do so.