Common use of Purpose and Corresponding Terms Clause in Contracts

Purpose and Corresponding Terms. The purpose of this Agreement is to encourage and promote economic development within County and City, provide certain assurances to Developer with respect to its significant investment within County and City, and to clarify the respective obligations of the Parties to one another regarding the Project. Accordingly, the following provisions shall apply to the Project:

Appears in 2 contracts

Sources: Interlocal Cooperation Agreement, Interlocal Cooperation Agreement