Retail Component Sample Clauses
The Retail Component clause defines the portion of a transaction, agreement, or product that is specifically intended for sale to end consumers or retail customers. This clause typically outlines the terms, conditions, and obligations that apply to the retail segment, such as pricing, distribution channels, or compliance with consumer protection laws. By clearly distinguishing the retail aspect from other components (like wholesale or commercial), the clause ensures that both parties understand their responsibilities and helps prevent disputes related to the handling and sale of goods or services in the retail market.
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Retail Component. Developer is to develop a high quality commercial retail center totaling approximately 38,100 square feet of retail, consisting of retail and commercial space occupied by nationally or regionally recognized retail tenants, including restaurants/eateries and other retail shops consistent with the development standards of the Beach Boulevard Specific Plan and any applicable Conditional Use Permits (CUP/CUPs). The initial identity of Retailers that occupy more than 5,000 square feet of gross leasable area shall be approved by the Director of Community and Economic Development of the City of Anaheim (“Director”), acting in his/her reasonable discretion, consistent with the immediately preceding sentence and the definition of “Retailers” set forth in Section 100 of the DDA. Residential and retail shall be integrated to encourage mixed uses, outdoor dining and community spaces/outdoor plazas. The retail uses shall be oriented in such a way as to create a pedestrian oriented environment with restaurants/eateries, walkways, shared outdoor dining/seating, decorative lighting, plazas, parking, and community gathering spaces. The Retail Component will exhibit a high degree of design details and decorative elements. Notwithstanding anything to the contrary in this Agreement, Developer shall not be responsible for constructing any improvements on the Project which are the responsibility of the ground or pad tenants under the Leases, subject to the Director’s right to approve the initial identity of Retailers that occupy more than 5,000 square feet of gross leasable area in accordance with the second preceding paragraph and the definition of “Retailers” set forth in Section 100 of the DDA (“Tenant Improvements”). The site design, building architecture, pedestrian amenities and landscape and lighting treatment of the entire 39 Commons project will be comparable to other first rate, commercial retail centers in Southern California.
Retail Component. Developer shall submit for City approval a business and merchandising plan for all retail spaces, prior to entering into the initial lease or sale of each individual retail space for retail purposes. The retail spaces shall conform to the Conditions of Approval in this Agreement or attached to the Site Development Plan and shall contain no drive through operations or “formula retail uses” unless approved by the Planning Commission through a conditional use permit under Section 10.05.170 of the Millbrae Zoning Ordinance. “Formula Retail Uses”, for purpose of this Development Agreement, is defined as follows: establishments with more than 20 locations in the continental United States and which contain standardized features or a recognizable appearance in which recognition is dependent upon the repetition of the certain characteristics of one store in multiple locations including two or more of the following characteristics: a standardized array of merchandise, a standardized facade, a standardized decor and color scheme, a uniform apparel, standardized signage, and/or a trademark or a service ▇▇▇▇. Formula Retail Uses shall be subject to a conditional use process. As stated in the MSASP, banks, financial services, business support, child care, health and exercise clubs of less than 3,000 square feet, medical office and general office (the “Specific Plan Special Retail Uses”) shall also be approved by a conditional use permit as required by Section 5.2 of the MSASP (Land Use Regulations Table 5-1, Permitted and Conditionally Permitted Land Uses of the MSASP). As to the MSASP Special Retail Uses and the Formula Retail Uses (together, the “Regulated Uses”), in addition to the criteria for approval of conditional use permits stated in Section 10.05.
Retail Component. The “Retail Component” shall consist of between 25,000 and 35,000 square feet of retail space and shall include the types of restaurants, retail establishments, and associated design features described in the General Development Plan (“Retail Use Requirements”). The Retail Use Requirements will include a detailed list of allowed and disallowed uses, including quality standards for retail and restaurant operators. Unless otherwise approved by the City, which approval will not be unreasonably withheld, delayed or condition, Developer shall cause the Retail Component, which will likely consist of several separate condominium parcels, to be initially transferred (either at once, or in phases) to a single Retail Component Developer (or to affiliated entities controlled by a single Retail Component Developer) to facilitate long term management and operation of the Retail Component, and the Retail Agreement shall require that the Retail Component continue to be subject to a consolidated retail leasing and management plan. The Retail Component Developer shall have at least five (5) years’ experience in the ownership, operation and management of similar-size or larger high-quality retail projects without any record of material violations of Applicable Law, and shall be subject to approval of the City, not to be unreasonably withheld.
Retail Component. Developer shall develop and operate the Retail Component to enhance the character and quality of the broader community and to be and remain of a type and nature consistent with the Retail Use Requirements. The Retail Use Requirements will be incorporated into the Conditions of Approval for the General Development Plan and the Specific Development Plan/Use Permit(s) that include the Retail Component, as well as into the CC&Rs. The Retail Use Requirements will also be incorporated into a written agreement between City and Developer (or the Retail Component Developer, as Developer’s successor or assignee with respect to the Retail Component), in a form mutually acceptable to the parties thereto (the “Retail Agreement”), which Retail Agreement shall include provisions with respect to the topics listed in Exhibit Q attached hereto and incorporated herein by this reference. The Retail Agreement shall be recorded prior to or concurrently with initial transfer of the Retail Component or portion thereof to the Retail Component Developer.
Retail Component. The term “
Retail Component. Developer shall have commenced vertical construction of the Retail Component pursuant to validly issued building permits.
Retail Component. (a) The Site will contain a component for retail uses, which component will include the Retail Component Building (as defined in the Retail Lease), the Retail Component’s Portion of the Parking Structure, the Stadium Retail Parcels and the Office Retail Parcel (collectively, the “Retail Component”).
(b) The details of the Retail Component are set out in Article VI.
Retail Component. Developer shall have commenced vertical construction of the Retail Component pursuant to validly issued building permits. Any waiver by the City of any of the preceding conditions must be expressly made in writing and approved, in writing, by the City Attorney.