Redeveloper Designation Term of Agreement Sample Clauses

The 'Redeveloper Designation; Term of Agreement' clause formally identifies the party designated as the redeveloper and establishes the duration of the agreement between the parties. Typically, this clause specifies the criteria or process for designating the redeveloper, such as meeting certain qualifications or obtaining approvals, and clearly states the start and end dates or conditions for the agreement's term. Its core function is to ensure both parties understand who is authorized to undertake redevelopment activities and for how long, thereby providing certainty and structure to the redevelopment process.
Redeveloper Designation Term of Agreement 

Related to Redeveloper Designation Term of Agreement

  • Term of Agreement This Agreement becomes effective upon the date of the last signature below ("Effective Date") and shall remain in effect until the completion of all obligations of both Parties hereto, or five years from the Effective Date, whichever comes first.

  • Conditions Term of Agreement 57 3.1 Conditions Precedent to the Initial Extension of Credit...................................... 57 3.2 Conditions Subsequent to the Initial Extension of Credit..................................... 61 3.3 Conditions Precedent to all Extensions of Credit............................................. 62 3.4 Term......................................................................................... 62 3.5

  • Term of Agreement; Termination The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • EFFECTIVE DATE; TERM OF AGREEMENT This Agreement is effective as of the Effective Date and shall continue in effect until the Recipient has submitted its final report to the County, except that the Recipient’s pubic records and audit cooperation requirements shall survive the expiration or termination of this Agreement. Any Grant Funds not expended and submitted to the County for reimbursement as of December 30, 2020 will expire and will not be available for future reimbursement to the Recipient.