No Obligation to Build Sample Clauses
No Obligation to Build. Notwithstanding the Massachusetts Attorney General’s approval of the Zoning Amendments proposed and contemplated in this Agreement, nothing contained herein shall create any obligation of the Owner to construct all or any portion of the Enterprise Project or the 40R Project, provided however, that the promises, covenants and restrictions contained herein shall remain binding upon the Owner, and the Town and their respective successors, assigns, mortgagees and all others taking title in fee or otherwise acquiring an interest to a part or all of the Property, for the longest period permitted by law.
No Obligation to Build. Developer’s execution of this Agreement shall not constitute an obligation on its part to construct the Project. If Developer has not commenced construction on the Project within two (2) years of the Effective Date of this Agreement, the County may by written notice elect to terminate this Agreement; provided, however, that upon Developer’s receipt of such notice, Developer shall have a period of thirty (30) days to commence construction. If Developer commences construction within such thirty (30) day period, the County’s notice of termination shall cease to have any force or effect.
No Obligation to Build. Nothing contained in this Agreement shall create any obligation of the Owner to construct all or any portion of the Project, provided however, that the promises, covenants and restrictions contained herein shall remain binding upon the Owner and the Town and their respective successors, assigns, mortgagees and all others taking title in fee or otherwise acquiring an interest to a part or all of the Property, for the longest period permitted by law.
No Obligation to Build. Nothing in this Planning Agreement or in any Regional Transmission Plan prepared in accordance with the process defined in Exhibit A to this Planning Agreement shall require a Party to construct a transmission facility or prohibit a Party from constructing a transmission facility or expanding its electric system; nor shall anything in this Planning Agreement or in any Regional Transmission Plan prepared in accordance with the process defined in Exhibit A to this Planning Agreement dictate or establish which investments identified in such Regional Transmission Plan should be made; nor shall anything in this Planning Agreement dictate or establish how costs of investments should be covered.
No Obligation to Build. MTF Provider status under the Tariff shall not impose an obligation to build transmission facilities on the MTF Provider. The offering of MTF Service under the Tariff shall not impose an obligation to build transmission facilities on the Participants, Transmission Owners or System Operator.
No Obligation to Build. Neither the execution of this MOA, nor the approval of the Concept Plan shall create any obligation of the Owner to construct all or any portion of the Project, provided however, that the promises, covenants and restrictions contained herein shall remain binding upon the Town and the Owner and its successors, assigns, mortgagees and all others taking title in fee or less than fee or otherwise acquiring an interest to a part or all of the Property, for the longest period permitted by law.
No Obligation to Build. Notwithstanding Town Meeting Approval of the Zoning Amendments proposed and contemplated in this Agreement, nothing contained herein shall create any obligation of the Owner to construct all or any portion of the Enterprise Project or the 40R Project provided however, that the promises, covenants and restrictions contained herein shall remain binding upon the Owner, and the Town and their respective successors, assigns, mortgagees and all others taking title in fee or otherwise acquiring an interest to a part or all of the Property, for the longest period permitted by law.