AFTER PHASE-OUT PERIOD Sample Clauses

AFTER PHASE-OUT PERIOD. 7.1 After the end of the Phase-out Period, the Proponent shall be permitted to rent Units in the Project to new tenants at rents agreed to by the Proponent and the new tenants.
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AFTER PHASE-OUT PERIOD. 7.1 After the end of the Phase-out Period, the Proponent shall be permitted to rent Units in the Project to new tenants at rents agreed to by the Proponent and the new tenants. Schedule E-1 - Charge/Mortgage of Land - register in land titles/land registry system Schedule E-2 - Assignment of Rents - register in land titles/land registry system and PPSA Schedule E-3 - Security Agreement (chattels) - register in PPSA 1. All mortgages and security collateral thereto totaling principal amounts which do not exceed the total costs of the Development Activities incurred in connection with the Project. 2. Such easements and restrictive covenants as do not prevent the Project from being constructed or used as Affordable Housing. 3. Municipal agreements relating to the Development Activities in connection with the Project. Occupancy Date: A. Project Information B. Number of Units in Project Unit Type AHP Funded Rental Units (#) AHP Funded Supportive Units (#) Units Not Receiving AHP Funding (#) Total Number of Units (#)
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AFTER PHASE-OUT PERIOD. 7.1 After the end of the Phase-out Period, the Proponent shall be permitted to rent Units in the Project to new tenants at rents agreed to by the Proponent and the new tenants. This is to confirm that the project in the [SM name] commenced construction on [date]. The start of construction for this project is within three (3) months of the date of the project’s Contribution Agreement, which was signed on [CA date]. I declare that the above information is true and complete. Signature Name and Title of Service Manager/Authorized Signing Officer Dated at this day of , 20
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AFTER PHASE-OUT PERIOD. 7.1 After the end of the Phase-out Period, the Proponent shall be permitted to rent Units in the Project to new tenants at rents agreed to by the Proponent and the new tenants. 1. Section 24 of the Standard Charge Terms filed as No. 9320 is deemed to be excluded. 2. This Charge/Mortgage of Land is collateral security for a Municipal Housing Facilities Agreement respecting the New Rental Housing Component of the Canada-Ontario Affordable Housing Program Extension (2009), made between the Chargor and the Corporation of the County of Oxford (the “County ”), dated the day of , 2009, (the “Agreement”) under which the County contributed the amount of two million, eight hundred thousand dollars ($2,800,000) towards the Project, (“the Chargee”), and is in addition to and not in substitution for any other security held by the Chargee for all or any part of the monies secured under this Charge/Mortgage of Land. 3. It is understood and agreed that the Chargee may pursue its remedies under this Charge/Mortgage of Land or under any other security, concurrently or successively, at its option. The Chargee shall act reasonably and in good faith in considering the course of action to be taken with respect to the pursuit of its remedies. 4. In the event of a breach of the terms of the Security Agreement or the Assignment of Leases and Rents being given by the Chargor to the Chargee simultaneously with this Charge, the principal balance then outstanding, together with any other amounts payable pursuant to the terms of this Charge, shall forthwith become due and payable at the option of the Chargee and all powers conferred by this Charge shall become exercisable by the Chargee. 5. With respect to the portion of the Principal Amount advanced by the Chargee: (a) Prior to the Interest Adjustment Date, interest shall accrue on the total of the amount or amounts advanced by the Chargee to the Chargor under the Agreement at the rate of eight per cent (8%) per annum. The interest so calculated shall compound semi-annually, not in advance, until the Interest Adjustment Date. (b) On the Interest Adjustment Date, the amount of interest accrued shall be forgiven, provided that the Chargor has satisfied all requirements as set out in the Agreement. (c) With effect from the Interest Adjustment Date, the interest rate shall be the higher of the average posted rate offered by major Canadian lending institutions for a commercial first mortgage having a five (5) year term, plus two per cent (...
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AFTER PHASE-OUT PERIOD. After the end of the Phase-out Period, the Borrower shall be permitted to rent units to new tenants at rents agreed to by the Borrower and the new tenants.
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AFTER PHASE-OUT PERIOD. 7.1 After the end of the Phase-out Period, the Proponent shall be permitted to rent Units in the Project to new tenants at rents agreed to by the Proponent and the new tenants. This is to confirm that the project in the The start of construction for this project is within one hundred twenty (120) days of the date of the project’s Contribution Agreement, which was signed on [CA date]. I declare that the above information is true and complete. Signature Name and Title of Service Manager/Authorized Signing Officer Dated at this day of , 20 This is to confirm that the project in the [SM name] has employed a total of [number of] apprentices throughout the development and construction of the project. The apprentices employed during project construction have received training in the following trades: The following initiatives/activities were used to promote or support apprentices in the Project: The project proponent, [proponent name] has provided appropriate documentation in support of the above information. I declare that the above information is true and complete. Signature Name and Title of Service Manager/Authorized Signing Officer Dated at this day of , 20
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AFTER PHASE-OUT PERIOD. 7.1 After the end of the Phase-out Period, the Proponent shall be permitted to rent Units in the Project to new tenants at rents agreed to by the Proponent and the new tenants. Registration of OAHSSC charge to take place no later than . Schedule E-1 - Charge/Mortgage of Land - register in land titles/land registry system Schedule E-2 - Assignment of Rents - register in land titles/land registry system and PPSA THIS ASSIGNMENT made this day of 2016 (hereinafter called the “Assignor”) - and - (hereinafter called the “Assignee”)
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Related to AFTER PHASE-OUT PERIOD

  • Production Phase contract period in which the Development and the Production are to be performed.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Development Period The Contractor may commence pre-construction activities like utility shifting, boundary wall construction or any other activity assigned to the Contractor by the Authority to enable construction of the Project Highway immediately after signing of the Agreement, to the extent that such work is ready for execution. The Parties agree that these works may be taken up and completed to the extent feasible by the Contractor, before declaration of the Appointed Date, but no claim against the Authority for delay shall survive during this period and that the undertaking of these works by the Contractor shall not count towards the Scheduled Construction Period of the project which starts counting only from the Appointed Date. No construction activity of the Project Highway shall be undertaken during the development period.

  • Initial Contract Term The Initial Contract Term shall be for two years. The Initial Contract Term shall begin on October 1, 2021, or on the last date the Contract is signed by all Parties, whichever is later. The Contract shall expire on October 1, 2023, unless terminated earlier in accordance with the Special Contract Conditions or Additional Special Contract Conditions.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Project Period The Project Period ("Project Period") is the time during which the Applicant will be conducting the Project. Unless this Investment Agreement is terminated earlier under Article 7 Termination, the Project Period commences on the Project Start Date and ends on the Project Completion Date.

  • Construction Period During the construction period, Redeveloper agrees to keep the construction area, including completed operations insured against loss or damage by fire, and such other risks, casualties, and hazards as are customarily covered by builders’ risk or extended coverage policies in an amount not less than the replacement value but allowing for reasonable coinsurance clauses and deductibles. In the event of any insured damage or destruction, Redeveloper agrees to use its good faith efforts to commence restoration of the Private Improvements to its prior condition within nine (9) months from the date of the damage or destruction, and shall diligently pursue the same to completion.

  • INTERIM MAINTENANCE PERIOD During the interim maintenance period between obtaining of the completion certificate of such Project and formation and operationalization of the Association the Promoter shall through itself or through a facility management company to run, operate, manage and maintain the Common Areas. The Promoter shall endeavour that the committee responsible for the maintenance and operation of the Common Areas will be required to provide manpower for maintaining the Common Areas, wherever required, and to collect maintenance charges and also guest charges and the user charges for the utilities being provided on “pay by use” basis, if any. The maintenance and management of Common Areas by the committee will primarily include but not limited to maintenance of water works, common electrical installations, DG Sets, landscaping, driveways, parking areas, lobbies, lifts and staircases, AMC’s etc. It will also include safety and security of the Project such as fire detection and protection and management of general security control of the Project. The Rules/ Bye Laws to regulate the use and maintenance of the Common Areas shall during the interim maintenance period shall be framed by the Promoter with such restrictions as may be necessary for proper maintenance and all the Allottees are bound to follow the same. After the Common Areas of the Project are handed over to the Association, the Association may adopt the Rules and the Bye laws framed by the Promoter, with or without amendments, as may be deemed necessary by the Association.

  • Construction Phase Fee Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGSC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items: 9.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of Contractor.

  • Design Development Phase INDICATE IN STATEMENT OF WORK “NOT APPLICABLE” IF SECTION IS NOT APPLICABLE 1.1.6.1. The ARCHITECT/ENGINEER shall prepare from the approved Schematic Design Studies, the Design Development Documents consisting of drawings (including at least architectural, landscaping, civil, structural, mechanical and electrical plans, building sections; and finish schedule), outline specifications following the Construction Specification Institute "CSI" Format and other necessary documents to fix and describe the size and character of the entire Project as to its site, structural, mechanical, and electrical systems, materials and other such essentials as may be appropriate, for and until approved by the State. 1.1.6.2. The ARCHITECT/ENGINEER shall conduct meetings with the State, Efficiency Vermont, and relevant members of the design team, to review the Design Development Documents for the purposes of furthering the energy efficiency objectives of the Project. 1.1.6.3. The ARCHITECT/ENGINEER shall prepare for the State a revised accounting of how the Project is responding to LEED criteria. 1.1.6.4. The ARCHITECT/ENGINEER shall submit to the State a revised Statement of Probable Construction Cost based thereon for and until approved by the State.

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