Common use of Redevelopment Agreement Clause in Contracts

Redevelopment Agreement. This contract is contingent upon the Village of Homewood (Seller), and DP Homewood, LLC, or its assignee (“Purchaser”), entering into a redevelopment agreement for the property within ninety (90) days of the contract date. If a redevelopment agreement is not approved by all parties within ninety (90) days, Purchaser or Seller may terminate this contract with no further obligation.

Appears in 2 contracts

Sources: Redevelopment Agreement, Redevelopment Agreement

Redevelopment Agreement. This contract is contingent upon the Village of Homewood (Seller), ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, LLC (Purchaser) and DP HomewoodHomewood Brewing, LLC, or its assignee (“Purchaser”), Brewery Operator) entering into a redevelopment agreement for the property within ninety (90) days of the contract date. If a redevelopment agreement is not approved by all parties within ninety (90) days, Purchaser or Seller may terminate this contract with no further obligation.

Appears in 1 contract

Sources: Real Estate Purchase and Sale Agreement