AgdaPkt 2020-07-13 Special Joint SA PFA

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6.B. - Page 15 of 177 "Governmental Approvals" (including but not limited to all permits and licenses), plans, specifications, drawings, franchises, utility agreements and similar materials not yet obtained, and any other documents and information related to the Development, reports, Plans and Specifications, and general documents associated with the Development. For purposes of clarifying the foregoing, "Collateral Documents" shall expressly exclude any documents that, pursuant to applicable law, the Developer does not have the right to pledge and assign as contemplated by this Agreement. (p) "Concept Drawings" means the basic site plan, elevations and sections of the Improvements. (q) "Construction Plans" means all construction documentation, developed pursuant to Section 2.3 of this Agreement, upon which the Developer, and the Developer's several contractors, shall rely in building each and every part of the Improvements (including landscaping, parking, and common areas) and shall include, but not necessarily be limited to, the Concept Drawings, the Schematic Design Drawings and Final Construction Drawings, the final architectural drawings, landscaping plans and specifications, final elevations, building plans and specifications (also known as "working drawings") and a time schedule for construction. (r) "Conventional Loans" means a construction loan and/or permanent loans from private lending institutions and public lenders, approved by the City in the Financing Plan. (s) "County" means the County of San Mateo, California, a political subdivision. (t) "Deed of Trust" means the deed of trust that will encumber the Developer's fee interest in the Property to secure repayment of the Promissory Note, substantially in the form attached hereto as Exhibit G. (u) "Developer" means 353 Main Street Apartments, LP, a California limited partnership and its successors and assigns as permitted by this Agreement. (v) "Developer Event of Default" has the meaning set forth in Section 7.4(a). (w) "Developer Fee" means that amount of developer fee in the amount and for the purposes set forth in Section 3.8. (x) "Development" means the Property and the Improvements. (y) "Development Schedule" means the summary schedule of actions to be taken by the Parties pursuant to this Agreement to achieve disposition of the fee interest in the Property to the Developer and the development of the Improvements, subject to the provisions of Section 9.3 of this Agreement. The Development Schedule is attached to this Agreement as Exhibit B. (z) "Effective Date" means the date this Agreement is entered into by the Parties as first written above. REV: 06-17-2020 PR 1199\09\2727850.8 ATTY/AGR.2020.100/353 Main Street Apartments LP (Page 11 of 143) 44