Where a contract makes an agreement conditional upon events occurring within stipulated time periods, a reference elsewhere in the contract to the 'satisfaction' of those conditions means the occurrence of the events within the stipulated time limits, not merely the eventual occurrence of the events. A developer's right under a viability clause that is contingent on satisfaction of prior conditions does not arise if those conditions were never satisfied within their time limits, even if the developer waived its right to terminate for non-satisfaction of those conditions.
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