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the limitations described below or upon the use or <br />expiration of all Property Sewer Permits in accordance with <br />Paragraph 5. In each case, the reference to the number of <br />Property Sewer Permits which may be used shall mean that <br />Owner shall not be entitled to obtain building permits <br />which, based on the sewer demand formula being generally <br />applied by the City at the time, shall require Sewer Permits <br />in excess of the number which may be used pursuant to this <br />Paragraph. <br /> <br /> (1) General Buildings. Owner may use the <br /> number of Property Sewer Permits during the periods <br /> described below in connection with construction of any <br /> buildings: <br /> <br /> (a) Phase One. Commencing May 1, 1984, <br /> Owner may use One Hundred Twenty-One (121) <br /> <br /> Property Sewer Permits ("Phase One Permits"). All <br /> <br /> Phase One Permits shall expire and the sewer <br /> <br /> capacity represented thereby shall revert to the <br /> sole control of the City as of September 2, 1985, <br /> except as provided below: <br /> <br /> (i) In the case of Phase One <br /> Permits which have been used to obtain <br /> building permits, that sewer capacity shall <br /> not revert to the City unless the building <br /> permit expires pursuant to Uniform Building <br /> <br /> 10 <br /> <br /> <br />