The Developer. By its execution of this ENA, the Developer is not committing itself to acquire any land or agreeing to enter into a binding DDA. The parties recognize that the Developer must first conduct due diligence investigations and negotiate the terms of the DDA before exercising its decision to enter into such agreements, and Developer shall have no liability to the SRA or any other party if, after completing such due diligence investigations or having commenced such negotiations, the Developer does not elect to enter into a binding DDA.
Appears in 2 contracts
Sources: Exclusive Negotiation Agreement, Exclusive Negotiation Agreement