Redeveloper Designation Clause Samples
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Redeveloper Designation. The Parties agree that as of the date hereof, the designation of Prism Green as redeveloper of the Phase 1 Project is hereby rescinded. The Township hereby reconfirms its designation of Prism Green as the exclusive redeveloper for the Revised Project.
Redeveloper Designation. The Township hereby designates and appoints the Redeveloper as the exclusive redeveloper of the Project Site, which designation and the execution of this Agreement was authorized by Council Resolution adopted on December 5, 2023. The Redeveloper shall have the exclusive right to perform development and redevelopment activities in connection with the Project, and to retain the profits derived therefrom, under the framework and in accordance with the terms of this Agreement, the Redevelopment Plan, and all Applicable Laws.
Redeveloper Designation. The Township hereby designates and appoints the Redeveloper as the exclusive redeveloper of the Property. The Redeveloper has the exclusive right to perform development and redevelopment activities in connection with the Project, and to retain the profits derived therefrom, under the framework and in accordance with the terms of this Agreement, the Redevelopment Plan, and all Applicable Laws.
Redeveloper Designation. The Township hereby conditionally designates and appoints the Redeveloper as the exclusive redeveloper of the Township-Owned Property and of the Project Parcels. Upon satisfaction of the PILOT Contingency and the Infrastructure Construction Agreement Contingency, the Redeveloper (acting directly or through one or more of the GP Affiliates or other permitted assignees as defined in Article VIII below) shall have the exclusive right to perform development and redevelopment activities in connection with the Project, and to retain the profits derived therefrom, under the framework and in accordance with the terms of this Agreement, the Redevelopment Plan, and all Applicable Laws.
Redeveloper Designation. The Township hereby reconfirms its designation and appointment of the Redeveloper as the exclusive redeveloper for the Phase 1 Project on the Edison Battery Parcels. As a result, and subject to the terms of this Agreement, the Redeveloper (or other permitted assignees as defined in Article VIII below) shall have the exclusive right to perform development and redevelopment activities in connection with the Phase 1 Project, and to retain the profits derived therefrom, under the framework and in accordance with the terms of this Agreement, the Redevelopment Plan, and all Applicable Laws.
Redeveloper Designation. The Borough hereby designates and appoints the Redeveloper to serve as the exclusive redeveloper of the Property in accordance with the LRHL. In connection with such designation and appointment, the Redeveloper has the exclusive right and obligation to perform development and redevelopment activities on the Property under the framework and in accordance with the terms of this Agreement the Redevelopment Plan, and all applicable laws.
Redeveloper Designation. The LCRA hereby selects the Redeveloper to perform or cause the performance of the Work in accordance with the Proposal and this Agreement. To the extent of any inconsistency between the foregoing, the parties agree that this Agreement shall govern.