Building Permits and Fees Sample Clauses

Building Permits and Fees. (A) For the purposes of this Section, Completion Date shall mean the date on which the Developer receives the final Certificate of Completion. (B) The City agrees that the: (i) Developer shall not have to pay any building permit fees due and owing to the City until the first calendar day of the twelfth (12th) year after the Completion Date ("Building Fee Due Date"); (ii) Developer shall thereafter pay One Hundred Thousand Dollars ($100,000) on the first calendar day of each of the five (5) calendar years immediately following such Building Fee Due Date; (iii) Developer shall thereafter pay Two Hundred Thousand Dollars ($200,000) on the first calendar day of each of the calendar years immediately following until Developer's total obligation to pay the building permit fee is extinguished; (iv) Interest shall not be chargeable by the City on such building permit fees; and (v) Such agreement shall be legally binding, now and in the future, on the City, and shall benefit the Developer and any successor or assignee of Developer. A memorandum of this agreement set forth in Section 7.1(B) shall be prepared and executed in recordable form and recorded in the Land Records of the City of New Haven. (C) The City shall diligently pursue and Work With the Developer and all relevant Governmental Authorities and entities to help obtain for Developer the maximum tax credit available for the Project under the State of Connecticut Urban and Industrial Sites Reinvestment Tax Credit Program, created under Public Act 00-170 and as amended from time to time, including any successor of that tax credit, if and to the fullest extent applicable to the Project. If as a result of City's efforts, Developer is awarded such tax credit before the Building Fee Due Date, then, as, when and to the extent necessary to pay building permit fee installments as such installments become due under Section 7.1 (B) above, Developer shall pay the City an amount equal to fifty percent (50%) of the net cash benefit, if any, received by Developer from such tax credit (net of all expenses and fees incurred in connection therewith). Any and all payments by Developer to the City under this Section 7.1(C) shall be applied and credited by the City exclusively and entirely toward the installments of the building permit fee payable by Developer as described in Section 7.1(B) above. It is agreed and understood that nothing in this Section 7.1 (C) shall affect the Developer’s obligations set forth in Section 7.1 ...
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Building Permits and Fees. Power agrees to secure or cause to be secured City building permits for all construction to be done on the Power Campus and construction shall be in compliance with the City's Development Regulations. The City agrees to waive all building permit fees for development of the Project. The City agrees to contract with the Southern Building Codes Conference, Inc. ("SBCCI") for review of Power's building plans for the Project. Power agrees to pay the SBCCI fees incurred by the City for the review of Power's building plans. The City will devote the necessary personnel to the Project to ensure that the development applications for the Project are processed in the least amount of time possible.
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Building Permits and Fees. CHT agrees to obtain or assist in obtaining all building permits and special permits for permanent improvements and approvals from all authorities having jurisdiction.
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Related to Building Permits and Fees

  • PERMITS AND FEES Contractor shall apply and pay for all permits and inspection fees as required by all governmental agencies having jurisdiction over this project.

  • Building Permits All building permits required for the construction of the Improvements have been obtained prior to the commencement of the construction of the Improvements and copies of same will be delivered to Lessor.

  • PARKING PERMITS A. Must be obtained on the day of move in. B. Towing charges resulting from violations will be the responsibility of the RESIDENT. C. Any form of duplication of parking permits is a violation of the LEASE AGREEMENT, and may be grounds for eviction. Note: Refer to Resident Handbook for further detail.

  • Building Permit The Owner shall pay for all permits. The Owner and AE shall be required to provide such information to the Permitting Authority as is necessary to obtain approval from the Permitting Authority to commence construction prior to beginning construction. The CM shall pull the Building Permit, and shall be responsible for delivering and posting the Building Permit at the Project Site prior to the commencement of construction. The Owner and AE shall fully cooperate with the CM when and where necessary.

  • Office Space and Facilities The Adviser will arrange to furnish the Trust office space in the offices of the Adviser, or in such other place or places as may be agreed upon from time to time, and all necessary office facilities, simple business equipment, supplies, utilities and telephone service required for managing the investments of the Trust.

  • Work Permits The Executive shall use his reasonable best efforts to obtain, maintain and renew a suitable (for the purposes of the Executive's contemplated employment by the Company) work permit by the Bermuda government authorities and any other permits required by any Bermuda government authority. The Company shall be responsible for permit fees, and all other expenses, including legal expenses, in connection with obtaining and maintaining such work permit.

  • Licenses and Permits Each Mortgagor covenants in the Mortgage Loan documents that it shall keep all material licenses, permits, franchises, certificates of occupancy and applicable governmental approvals necessary for the operation of the Mortgaged Property in full force and effect, and to the Mortgage Loan Seller’s knowledge based upon any of a letter from any government authorities, zoning consultant’s report or other affirmative investigation of local law compliance consistent with the investigation conducted by the Mortgage Loan Seller for similar commercial and multifamily mortgage loans intended for securitization; all such material licenses, permits, franchises, certificates of occupancy and applicable governmental approvals are in effect or the failure to obtain or maintain such material licenses, permits, franchises or certificates of occupancy and applicable governmental approvals does not materially and adversely affect the use and/or operation of the Mortgaged Property as it was used and operated as of the date of origination of the Mortgage Loan or the rights of a holder of the related Mortgage Loan. The Mortgage Loan documents require the related Mortgagor to comply in all material respects with all applicable regulations, zoning and building laws.

  • Licenses or Permits The Company and its subsidiaries possess all licenses, certificates, authorizations and permits issued by, and have made all declarations and filings with, the appropriate local, state, federal or foreign governmental or regulatory agencies or bodies (including, without limitation, those administered by the FDA or by any foreign, federal, state or local governmental or regulatory authority performing functions similar to those performed by the FDA) that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as now conducted or as proposed in the Prospectus to be conducted (collectively, the “Governmental Permits”), except where any failure to possess or make the same would not, singularly or in the aggregate, have a Material Adverse Effect. The Company and its subsidiaries are in compliance, in all material respects, with all such Governmental Permits; and all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effect. Neither the Company nor any subsidiary has received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed.

  • Permits and Compliance Section 2.9

  • Permits and Approvals Consultant shall obtain, at its sole cost and expense, all permits and regulatory approvals necessary in the performance of this Agreement. This includes, but shall not be limited to, encroachment permits and building and safety permits and inspections.

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