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Homeport development agreement: selected original provisions

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modification being requested. After correcting and/or modifying and completing the Project design documents in accordance herewith, Developer shall resubmit the Project design documents to EDA within thirty (30) days after such notification from EDA. EDA shall, within twenty (20) days of the receipt of such revised Project design documents, give notice to Developer whether it approves or disapproves or requires further modification of the Project design documents and if it disapproves or requests further modifications, it shall set forth the specific reasons for such disapproval or requested modifications in its notice thereof to Developer. Each further revision and resubmission of any of the Project design documents by Developer, and each further review and notice of approval or disapproval or request for modification of any of the Project design documents by EDA shall be done or made pursuant to the procedures hereinabove set forth. EDA shall make good faith efforts to meet the timelines for review provided for in this Section 2.3. Section 2.4. Modifications of Design by Developer. If Developer wishes to make any material modifications to the design of the Project, it shall submit such proposed material modifications to EDA in accordance with its requirements for review and approval set forth in Section 2.3. Any such submission shall clearly identify all changes, omissions and additions as compared to the previously approved Project design documents. If EDA determines, in its reasonable judgment, that the proposed modifications are acceptable, EDA shall so notify Developer, the Project design shall be deemed to incorporate the modifications that have been approved by EDA and Developer shall perform its obligations under this Agreement in accordance with the Project design as modified. If EDA determines, in its reasonable judgment, that the proposed modifications are not acceptable, EDA shall so notify Developer, specifying in reasonable detail which changes, omissions and additions are not acceptable and its reasons therefor, and Developer shall either (a) withdraw the proposed 7 4899-6313-9707, V. 17
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