Additional Lands Sample Clauses

Additional Lands. Company and Operator agree that all fee or leasehold surface interests located in the area of mutual interest described on Exhibit C that are acquired by Company or any of its Affiliates after the Effective Date shall automatically become part of and subject to the terms and conditions of this Agreement and be included as part of the Lands hereunder. Company shall promptly notify Operator of such acquisition and deliver to Operator a map and legal description of the acquired interests. The Parties shall execute and file a Memorandum or amendment thereto pursuant to Section 8.16 with respect to such newly acquired interests.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Additional Lands. ‌ (a) Project Co may propose, by written request to Contracting Authority, that Contracting Authority acquire ownership of, or obtain rights or interests in or to additional lands which, in Project Co’s opinion, would improve the efficiency of Project Co’s performance of the Works (each an “Additional Lands Request”). (b) Project Co shall include in each Additional Lands Request: (i) for each of the Additional Lands requested, supporting reasons, justifications and detailed plans evidencing, at a minimum: (A) how each of the proposed Additional Lands would improve the efficiency of the delivery of the Works; and‌ (B) that the lands, rights or interests, if acquired, would be sufficient, but not excessive, to achieve the objective described in Section 16.8(b)(i)(A); (ii) the legal description related to the Additional Lands being proposed, together with all relevant parcel register for property identifier documents and, if the Additional Lands cannot be fully legally defined, a sketch depicting the location and limits of the Additional Lands and a legal survey of such Additional Lands to establish the boundaries. Whenever the Additional Lands are part of a larger lands parcel, the legal survey must define a smaller parcel sufficient for delivery of the Works; (iii) a plan for conducting any necessary investigations of the Additional Lands (a “Site Investigation Plan”) including, with respect to contamination and other environmental conditions, utilities, geotechnical conditions, fossils, artifacts and other objects having artistic, historic, archaeological or monetary value, including human remains and burial sites, located on, in or under such lands. If required by Contracting Authority, Project Co shall implement the Site Investigation Plan and shall provide all reports prepared or issued (“Site Investigation Reports”) in connection with the Site Investigation Plan to Contracting Authority. Contracting Authority shall be addressee of all such Site Investigation Reports and shall be entitled to rely on the reports; (iv) Intentionally Deleted; (v) any savings in Direct Costs to Project Co that will result in a reduction in the compensation payable to Project Co in accordance with Section 1.11(a) of Schedule 22 – Variation Procedure. Project Co shall promptly provide such additional information as Contracting Authority may request from time to time in relation to the Additional Lands Request. (c) Contracting Authority may, in its sole discretion, accept or r...
Sample 1Sample 2
Additional Lands. In the event that either Waterfront Toronto or Sidewalk Labs or any Sidewalk Labs’ controlled affiliate acquires or obtains an option to acquire or obtains any interest in any real property (the “Additional Lands”) located in whole or in part within the MIDP Site or engages in substantial negotiations (arising at such time as discussions reach the point of the execution of binding term sheets and reasonably in advance of any public announcement and not prior thereto) with a third party to acquire or obtain an option to acquire or obtain an interest in any real property located in whole or in part within the MIDP Site, such Party will promptly notify the other Party of such acquisition, option or interest, or substantial negotiations, and any Additional Lands acquired by a Party or in which a Party obtains an option or interest shall be included in the plans included in the MIDP and fall within the MIDP Scope.
Sample 1Sample 2
Additional Lands. If, despite Project Co’s acknowledgement in Section 5.4 [Construction Within the City Lands], Project Co determines that Real Property Interests in addition to the City Lands are required for the Project Work (the “Additional Lands”), then: (a) Project Co shall, at its earliest practicable opportunity, submit to the City notice of its recommended acquisition by one of Project Co, a Project Contractor or the City of the Additional Lands, including a detailed explanation identifying the requirement and rationale for such acquisition, evidence of investigations respecting possible Contamination and Hazardous Substances remediation requirements or liabilities and all other relevant explanatory documentation, including the legal description and title documentation in respect of such Additional Lands, an explanation of the nature of the interest in the Additional Lands to be acquired, any available environmental reports in respect of such Additional Lands and Project Co’s recommendation as to which Party should acquire and pay for these Additional Lands. (b) Unless and until the City has consented, in its discretion, to the acquisition of the Additional Lands, Project Co shall not acquire and shall prohibit Project Co Persons from acquiring such Additional Lands. The City will confirm whether it accepts Project Co’s recommendation regarding the acquisition of Additional Lands and will give its consent within: (i) 30 Business Days after receipt of notice and all relevant documentation; and (ii) if the City fails to give or deny its consent within such time period it will be deemed to have denied its consent; (c) If Project Co requests consent to a proposed acquisition of Additional Lands pursuant to Section 4.5(a), Project Co will pay, without duplication, the City’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs (including in respect of technical, financial and legal advisors) in connection with the City’s consideration of such request. At the time of making a request, Project Co will make a payment to the City in the amount of $15,000 as an advance against (and not in satisfaction of) its obligations under this Section 4.5(c). After the City renders its decision, the City will either refund any overpayment or invoice Project Co for any additional amounts owing under this Section 4.5(c) and Project Co will promptly pay such additional amount to the City. Concurrently with providing such refund or invoice, the City w...
Sample 1
Additional Lands. The Owner may subject lands contiguous to the Project to this Agreement only upon approval by the City Council of an amended Master Framework Plan reflecting such additional lands, and such other requirements as shall be imposed by the Planning Director or the City Council, provided that the City shall not unreasonably withhold its approval to the annexation to the Project and the District of roadways or other lands immediately adjacent to the Project containing (or planned to contain) infrastructure intended to be owned and operated by the District, so long as such annexation (a) does not increase the LUEs allocated to the Project under the Utility Agreement, (b) does not otherwise cause a Major Amendment to the Master Framework Plan and (c) is legally allowed at such time pursuant to applicable provisions of the Texas Local Government Code.
Sample 1
Additional Lands. As and when Borrower acquires additional land within boundaries of either of the specific orange grove development communities referred to as Xxxxxx Xxxxx (located in the northeastern portion of DeSoto County, Florida), or Bermont Grove (located in Charlotte County, Florida), which xxxxxx and boundaries are depicted on Exhibit C attached hereto, then upon the occurrence of any such acquisitions, Borrower shall grant to Lender a first-priority lien and mortgage on such additional land, together with a title insurance policy or policies satisfactory to Servicer.
Sample 1
Additional Lands. (a) Subject to Section 9.8(b) and, except to the extent expressly required otherwise in Section 200.6.4 of Schedule 15-2 - Technical Requirements – Design and Construction, Project Co shall be required to construct the Works (other than Temporary Works) entirely within the Lands. (b) Subject to the prior written consent of the Ministry, in its discretion, Project Co may propose to construct a portion of the Works outside the Site on the following terms and conditions: (i) Project Co shall acquire fee simple ownership of the additional lands required for the construction of the Works (“Additional Lands”) at its own cost and expense; (ii) Project Co hereby grants to the Ministry an option, exercisable upon 30 days prior written notice at any time before or after expiry of the Term or sooner termination of this Agreement, to purchase all or any part of such Additional Lands for a purchase price of $1.00; (iii) Project Co shall promptly notify the Ministry of any Additional Lands that it acquires, including the legal description of the lands; (iv) Project Co shall enter into a formal option agreement for the Additional Lands in such form and on such terms and conditions as the Ministry may reasonably require; and (v) Project Co shall not grant or assume any mortgage or other security interest in such Additional Lands.
Sample 1
AutoNDA by SimpleDocs
Additional Lands. Save and except as disclosed by the Permitted Exceptions, the Survey or the Due Diligence Items and except as provided to the contrary in this Agreement, Seller uses no portion of any other tract of real property, whether pursuant to a written agreement or otherwise, which is necessary for the lawful operation of the Property. Notwithstanding the foregoing, Purchaser acknowledges that the Property is subject to the Wetlands Notice and the Mitigation Plan (as described in SECTION 15.1 hereof) and that the Property may utilise certain off-site land in connection with same.
Sample 1
Additional Lands. D11.1 Design Builder shall be entitled to obtain any lands outside the Lands (or obtain temporary access to any such lands) at its own cost and expense, however, such lands shall not, for the purposes of this Design Build Agreement, be Lands and no Infrastructure shall be located on, or rely in any way upon, any lands which Design Builder acquires pursuant to this Section D11.1. Design Builder shall be responsible for and shall rectify any damage to lands outside of the Lands, irrespective of who holds title to such lands where damage is caused by Design Builder, any Design Builder Party or any other party for whom Design Builder is legally responsible. Design Builder shall be responsible for obtaining all consents and complying with all Applicable Law as necessary to obtain required access to lands outside of the Lands, and the City provides no representations or assurances in relation to such matters.
Sample 1

Related to Additional Lands

  • Additional Land All xxxxxxxxxx xxxxx, xxxxxxx and development rights hereafter acquired by Borrower for use in connection with the Land and the development of the Land and all additional lands and estates therein which may, from time to time, by supplemental mortgage or otherwise be expressly made subject to the lien of this Security Instrument;

  • Additional Property Collateral shall also include the following property (collectively, the “Additional Property”) which Debtor becomes entitled to receive or shall receive in connection with any other Collateral: (a) any stock certificate, including without limitation, any certificate representing a stock dividend or any certificate in connection with any recapitalization, reclassification, merger, consolidation, conversion, sale of assets, combination of shares, stock split or spin-off; (b) any option, warrant, subscription or right, whether as an addition to or in substitution of any other Collateral; (c) any dividends or distributions of any kind whatsoever, whether distributable in cash, stock or other property; (d) any interest, premium or principal payments; and (e) any conversion or redemption proceeds; provided, however, that until the occurrence of an Event of Default (as hereinafter defined), Debtor shall be entitled to all cash dividends and all interest paid on the Collateral (except interest paid on any certificate of deposit pledged hereunder) free of the security interest created under this Agreement. All Additional Property received by Debtor shall be received in trust for the benefit of Secured Party. All Additional Property and all certificates or other written instruments or documents evidencing and/or representing the Additional Property that is received by Debtor, together with such instruments of transfer as Secured Party may request, shall immediately be delivered to or deposited with Secured Party and held by Secured Party as Collateral under the terms of this Agreement. If the Additional Property received by Debtor shall be shares of stock or other securities, such shares of stock or other securities shall be duly endorsed in blank or accompanied by proper instruments of transfer and assignment duly executed in blank with, if requested by Secured Party, signatures guaranteed by a bank or member firm of the New York Stock Exchange, all in form and substance satisfactory to Secured Party. Secured Party shall be deemed to have possession of any Collateral in transit to Secured Party or its agent.

  • Additional Space Commencing on May 1, 2001, Sublessor herein grants unto the Sublessee a Right of First Refusal on any space that shall be and/or becomes available in the building during the remaining Term of this Sublease. Prior to May 1, 2001 and thereafter prior to the first day of May of any calendar year during the remaining Term hereof, Sublessor shall notify Sublessee by written notice of the availability of any such space in the building. Should Sublessee desire to exercise its Right of First Refusal and sublease such available space, Sublessee must notify Sublessor in writing of its desire to sublease the available space within seven (7) calendar days of Sublessee's receipt of Landlord's notice of availability. Within thirty (30) days of the receipt of Sublessee's notice exercising the right to sublease such available space, Sublessee and Sublessor shall enter into an amendment of this agreement setting forth the terms under which the additional space is subleased to Sublessee. The Base Rental shall be at a rental mutually agreed between Sublessee and Sublessor. Failure by Sublessee to exercise its Right of First Refusal within said seven (7) calendar day period, or if exercised, failure to enter into an amendment of this agreement within thirty (30) days of Sublessor's receipt of Sublessee's notice, shall be deemed a waiver of such right and Sublessor shall thereafter be free of any obligation under this Article 2.04 for a period of 12 months. Any exercise by Sublessee of this Right of First Refusal shall be for a minimum of 5,000 rental square feet.

  • Additional Improvements Common Area Operating Expenses shall not include Real Property Taxes specified in the tax assessor's records and work sheets as being caused by additional improvements placed upon the Industrial Center by other lessees or by Lessor for the exclusive enjoyment of such other lessees. Notwithstanding Paragraph 10.1 hereof, Lessee shall, however, pay to Lessor at the time Common Area Operating Expenses are payable under Paragraph 4.2, the entirety of any increase in Real Property Taxes if assessed solely by reason of Alterations, Trade Fixtures or Utility Installations placed upon the Premises by Lessee or at Lessee's request.

  • Additional Facilities If any structural additions or change in use shall be made to the buildings or other improvements included in the Project Facility subsequent to the date hereof (other than the initial construction of the Building contemplated by the Project), or if any additional buildings or improvements shall be constructed on the Land other than the Building (such change of use, new structures, structural additions, buildings and improvements being referred to hereinafter as “Additional Facilities”), the Obligor agrees that its PILOT Obligations hereunder shall be increased by an amount, as determined by the Agency or a tax assessor selected by the Agency, equal to the increased tax payments, if any, that would have been payable on such increase if this Agreement were not in effect. Nothing herein shall constitute the Agency’s consent to the construction of any such additions or additional buildings or improvements or to such change of use.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Adjacent Premises If the Premises are part of a larger building, or of a group of buildings owned by Lessor which are adjacent to the Premises, the Lessee shall pay for any increase in the premiums for the property insurance of such building or buildings if said increase is caused by Lessee's acts, omissions, use or occupancy of the Premises.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Additional Leave Any further leave granted beyond the normal thirty-seven (37) week period, or the forty-two (42) week period for special circumstances, will be unpaid leave without benefits.

  • Additional Loans Administrative Agent shall not make any Loans or provide any Letter of Credit Accommodations to any Borrower on behalf of Lenders intentionally and with actual knowledge that such Loans or Letter of Credit Accommodations (a) would cause the aggregate amount of the total outstanding Tranche A Revolving Loans and Letter of Credit Accommodations to exceed the Tranche A Borrowing Base and (b) would cause the aggregate amount of the total outstanding Loans and Letter of Credit Accommodations to exceed the Total Borrowing Base, in each case, without the prior consent of all Lenders, except, that, Administrative Agent may make such additional Loans or provide such additional Letter of Credit Accommodations on behalf of Lenders, intentionally and with actual knowledge that such Loans or Letter of Credit Accommodations will cause the total outstanding Tranche A Revolving Loans and Letter of Credit Accommodations to exceed the Tranche A Borrowing Base or cause total outstanding Loans and Letter of Credit Accommodations to exceed the Total Borrowing Base, as Administrative Agent may deem necessary or advisable in its discretion, provided, that: (i) the total principal amount of the additional Loans or additional Letter of Credit Accommodations to any Borrower which Administrative Agent may make or provide after obtaining such actual knowledge that the aggregate principal amount of the Loans equal or exceed the Tranche A Borrowing Base or the Total Borrowing Base, as applicable, plus the amount of Special Administrative Agent Advances made pursuant to Sections 12.11(a)(i) and (ii) hereof then outstanding, shall not exceed $75,000,000 and shall not cause the total principal amount of the Loans and Letter of Credit Accommodations to exceed the Maximum Credit or the Tranche A Loans to exceed the Tranche A Maximum Credit or the Tranche A-1 Loans to exceed the Tranche A-1 Maximum Credit and (ii) no such additional Loan or Letter of Credit Accommodation shall be outstanding more than ninety (90) days after the date such additional Loan or Letter of Credit Accommodation is made or issued (as the case may be), except as the Required Tranche A Lenders, Required Tranche A-1 Lenders and Required Tranche A-2 Lenders may otherwise agree and no such additional Loans may exist for at least five (5) consecutive days thereafter before further such additional Loans may be made at the end of such ninety (90) day period. Each Lender shall be obligated to pay Administrative Agent the amount of its Pro Rata Share of any such additional Loans or Letter of Credit Accommodations. The Required Lenders may by written notice to Administrative Agent revoke the authority of Administrative Agent to make future additional Loans pursuant to this Section 12.8 at any time.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!