Acquisition of Facilities Sample Clauses

Acquisition of Facilities. The State may at any time give the Joint Venturers twelve (12) months notice of its intention to acquire and may thereafter acquire the Joint Venturers’ electricity facilities or any part thereof up to the first point of voltage breakdown or such other appropriate point as may be agreed at a price to be agreed between the parties and the Joint Venturers will take all such steps as may be necessary to effect the acquisitions. The State undertakes that in such event the Joint Venturers will for their purposes hereunder have first call on the power generated by such electricity facilities or such part thereof as may be transmitted by the same and that (subject only to its inability to supply power for any of the reasons set out in Section 25.02) it will supply to the Joint Venturers with electrical power for all their purposes hereunder up to the normal continuous full load capacity of such electrical facilities and that (in the event of such inability occurring) it will take all possible steps to restore such supply regardless of the time or day when such inability arises and may call upon the Joint Venturers to provide employees for that purpose.
AutoNDA by SimpleDocs
Acquisition of Facilities. Upon Grantee's acquisition of Cable System-related facilities in any City Right-of-Way, or upon the addition to the City of any area in which Grantee owns or operates any such facility, Grantee shall, at the City's request, submit to the City a statement describing all such facilities involved, whether authorized by franchise, permit, license or other prior right, and specifying the location of all such facilities to the extent Grantee has possession of such information. Such Cable System-related facilities shall immediately be subject to the terms of this Franchise.
Acquisition of Facilities. Upon Grantee's acquisition of Facilities in any City Right of Way, or upon the addition or annexation to the City of any area in which Grantee owns or operates any Facility in any City Rights of Way, the Grantee shall, at the City's request, submit to the City a statement and as•built plans describing all existing Facilities, whether authorized by franchise, permit, license or other prior right, and depicting the location of all such Facilities with such specificity as the City may reasonably require. Such Facilities shall immediately be subject to the terms of this Franchise, and shall be brought into compliance with it as soon as practicable. In the event the new Facilities or annexed area have characteristics that make literal application of any term of the Franchise inappropriate, the parties will negotiate in good faith to modify the Franchise solely with respect to such characteristics and only to the extent necessary to achieve consistency with the purposes of this Franchise.
Acquisition of Facilities. Upon Grantee's acquisition of Cable System-related facilities in any Grantor Right-of- Way, or upon the addition to the Grantor of any area in which Grantee owns or operates any such facility, Grantee shall, at the Grantor's request, submit to the Grantor a statement describing all such facilities involved, whether authorized by franchise, permit, license or other prior right, and specifying the location of all such facilities to the extent Grantee has possession of such information. Such Cable System-related facilities shall immediately be subject to the terms of this Franchise.
Acquisition of Facilities. Upon Grantee's acquisition of facilities in any Grantor Rights-of-Way, or upon the addition or annexation to the Grantor of any area in which Grantee owns or operates any facility, Grantee shall, at Grantor's request, submit to Grantor a statement describing all facilities involved, whether authorized by franchise, permit, license or other prior right, and specifying the location of all such facilities to the extent Grantee has possession of such information. Such facilities shall immediately be subject to the terms of this Franchise.
Acquisition of Facilities. Upon the Grantee's acquisition of Facilities in any Street, or upon the addition or annexation of any area in which the Grantee owns or operates any Facility, the Grantee shall, at the City's request, submit to the City a statement describing all Facilities involved, whether authorized by the Franchise, permit, license or other prior right, and specifying the location of all such Facilities to the extent the Grantee has possession of such information. Such Facilities shall immediately be subject to the terms of this Franchise.
Acquisition of Facilities. Upon Grantee’s acquisition of Facilities in any City Street, or upon the addition or annexation to the City of any area in which Grantee owns or operates any Facility in any Streets, the Grantee shall, at the City’s request, submit to the City a statement describing all Facilities involved, whether authorized by franchise, permit, license or other prior right, and specifying the location of all such Facilities to the extent the Grantee has possession of such information. At the City’s sole option, as expressed by ordinance adopted by the City Council, such Facilities shall immediately be subject to the terms of this Franchise within a reasonable period of time to bring the acquired Facilities into compliance with this Franchise.
AutoNDA by SimpleDocs
Acquisition of Facilities. (7) Notwithstanding the provisions of the State Energy Commission Act the State may at any time give to the Joint Venturers 12 months’ notice of its intention to acquire and may thereafter acquire the Joint Venturers’ electricity facilities or any part thereof up to the first point of voltage breakdown or such other appropriate point as may be agreed, at a price to be agreed between the parties and the Joint Venturers shall take all such steps as may be necessary to effect the acquisitions. The State undertakes that in such event the Joint Venturers shall for their purposes hereunder have first call on the power generated and transmitted by such electricity facilities so acquired at levels of supply from time to time agreed between the State and the Joint Venturers and the State undertakes subject only to its inability to supply power for any of the reasons set forth in Clause 39 to supply the Joint Venturers with power for their purposes hereunder at the said levels of supply and that in the event of such inability to supply power occurring the State shall take all possible steps to restore such supply regardless of the time or day when such inability arises.
Acquisition of Facilities. (a) The Developer hereby agrees to sell to the Community Facilities District, and the Community Facilities District hereby agrees to purchase from the Developer, each Segment for the Purchase Price thereof, subject to the terms and conditions hereof. Title to each Segment purchased pursuant hereto shall be transferred by the Developer to the City as of the Acceptance Date of such Segment by appropriate instrument in accordance with the Conditions of Approval.
Acquisition of Facilities. AL Investors Development contemplates entering into a Purchase and Sale Agreement ("Purchase Agreement") with Meditrust Company LLC, successor by merger to Meditrust Acquisition Corporation I (collectively "Meditrust"), relating to the acquisition of up to five (5) Facilities identified on Exhibit A (collectively, the "Facilities"). Initially, only the Facility entitled Loyalton of Phoenix is being acquired pursuant to the Purchase Agreement and this Agreement. The other Facilities ("Remaining Development Facilities") are currently under construction and leased by Meditrust to the Emeritus Affiliates and may be acquired, subject to satisfaction of the conditions herein, thirty (30) days after issuance of a certificate of occupancy for each Remaining Development Facility. Meditrust and AL Investors Development contemplate that upon issuance of a certificate of occupancy for each of the Remaining Development Facilities, that Remaining Development Facility will be made the subject of the Purchase Agreement (or a separate purchase agreement in substantially the same form); such Remaining Development Facility (and the Exhibits hereto applicable to such Remaining Development Facility) will likewise be added by amendment to this Agreement at that time and such Remaining Development Facility shall thereupon become a Facility as defined herein and thereby made subject to the terms, conditions, warranties and representations of this Agreement. This Agreement shall be fully effective as to the Facility entitled Loyalton of Phoenix and such Remaining Development Facilities that may be added by amendment to this Agreement, notwithstanding, that all Remaining Development Facilities may not be acquired. The resulting pool of up to five (5) Facilities, will each be owned by the respective Facility Entity. Except for the obligation of the Emeritus Entities not to sell, transfer or assign their interest in the Remaining Development Facilities to any person other than AL Investors Development prior to the expiration of thirty (30) days after issuance of a certificate of occupancy for such Remaining Development Facility, neither AL Investors Development nor the Emeritus Entities shall have any obligation with respect to a Remaining Development Facility until the addition of such Remaining Development Facility to this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!