Common use of Obligation of Developer Clause in Contracts

Obligation of Developer. (a) Approval and execution of this Agreement by City is in consideration of, among other things, the following: (1) Developer's acceptance of, and consent and agreement to comply with, this Agreement, the Approvals that are consistent with this Agreement, and the Subsequent Approvals; and (2) Developer's express and implied Waiver of any Right, Legal Right or any other right it might have to bring a Legal Action relating to this process or the terms, conditions, approvals or other entitlements or actions regarding this Agreement, or the Approvals (Developer's acceptance, consent and agreement to the provisions of this Section 3.01 are collectively referred to in this Agreement as the "Waiver"). The Waiver shall not limit Developer's ability to bring a Legal Action pursuant to Section 6.01 of this Agreement regarding a City Default.

Appears in 1 contract

Sources: Development Agreement

Obligation of Developer. (a) Approval and execution of this Agreement by City is in consideration of, among other things, the following: (1) Developer's ’s acceptance of, and consent and agreement to comply with, this Agreement, the Approvals that are consistent with this Agreement, and the Subsequent Approvals; and (2) Developer's ’s express and implied Waiver of any Right, Legal Right or any other right it might have to bring a Legal Action relating to this process or the terms, conditions, approvals or other entitlements or actions regarding this Agreement, or the Approvals Approvals. (Developer's ’s acceptance, consent and agreement to the provisions of this Section 3.01 are collectively referred to in this Agreement as the "Waiver"). ”.) The Waiver shall not limit Developer's ’s ability to bring a Legal Action pursuant to Section 6.01 of this Agreement regarding a City Default.

Appears in 1 contract

Sources: Development Agreement

Obligation of Developer. (a) Approval and execution of this Agreement by City is in consideration of, among other things, the following: (1) Developer's acceptance of, and consent and agreement to comply with, this Agreement, the Approvals that are consistent with this Agreement, and the Subsequent Approvals; and (2) Developer's express and implied Waiver of any Right, Legal Right or any other right it might have to bring a Legal Action relating to this process or the terms, conditions, approvals or other entitlements or actions regarding this Agreement, or the Approvals Approvals. (Developer's acceptance, consent and agreement to the provisions of this Section 3.01 are collectively referred to in this Agreement as the "Waiver"). .) The Waiver shall not limit Developer's ability to bring a Legal Action pursuant to Section 6.01 of this Agreement regarding a City Default.

Appears in 1 contract

Sources: Development Agreement