Compliance with TUSK Agreement; TUSK Obligations Sample Clauses

Compliance with TUSK Agreement; TUSK Obligations. Seller hereby discloses to Buyer that certain aspects of development at the Property will benefit from and be subject to the TUSK Agreement. First, NPS granted “Crossing C”, which is a utility and road “crossing” through the Monument that will permit the construction and connection of utilities and a road between Village 1 and Village 2, subject to the terms of the TUSK Agreement. Second, the TUSK Agreement contains certain obligations and design element requirements governing the design and construction on any portion of the Property that is “immediately adjacent” to the Monument, including Crossing C. Third, the TUSK Agreement requires that construction of the “Monument Trailhead Access Improvements” on the Finger Parcel (the “Monument Trailhead Improvements”) must commence when North 5th Street is extended from the Clark County 215 Highway to a point where it touches or abuts any portion of the Finger Parcel (the “Finger Parcel SMRH:4867-2220-9151.17 -38- Conveyance”). The Finger Parcel shall be conveyed to Buyer at the Phase 1 Closing pursuant to a duly executed and acknowledged deed in the form of Exhibit D-1 attached hereto and made a part hereof (the “Finger Parcel Deed”), and once improved by the completed Monument Trailhead Improvements, the Finger Parcel must be dedicated and conveyed to the City. The obligations to comply with the TUSK Agreement and to construct and convey the Monument Trailhead Improvements are collectively referred to herein as the “TUSK Obligations”).
Sample 1
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Related to Compliance with TUSK Agreement; TUSK Obligations

  • Compliance with Obligations Buyer must have performed and complied with all its covenants and obligations required by this Agreement to be performed or complied with at or prior to Closing (singularly and in the aggregate) in all material respects.

  • Compliance with Material Agreements Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all Senior Documents, material agreements, indentures, mortgages or documents binding on it or affecting its properties or business.

  • Non-Compliance with Loan Documents (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Section 10.1.5, 10.3(b), 10.5 or 10.9 or Section 11; or (b) failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of such failure described in this clause (b) for 30 days.

  • Compliance with Agreements and Covenants Purchaser shall have performed and complied in all material respects with all of its covenants, obligations and agreements contained in this Agreement to be performed and complied with by it on or prior to the Closing Date.

  • Compliance with Credit Agreement Such Grantor agrees to comply with all covenants and other provisions applicable to it under the Credit Agreement, including Sections 2.17 (Taxes), 11.3 (Costs and Expenses) and 11.4 (Indemnities) of the Credit Agreement and agrees to the same submission to jurisdiction as that agreed to by the Borrower in the Credit Agreement.

  • Compliance with Terms of Leaseholds Make all payments and otherwise perform all obligations in respect of all leases of real property to which the Borrower or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, notify the Administrative Agent of any default by any party with respect to such leases and cooperate with the Administrative Agent in all respects to cure any such default, and cause each of its Subsidiaries to do so, except, in any case, where the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

  • Compliance with Agreement Buyer shall have performed and complied in all material respects with all of its obligations under this Agreement which are to be performed or complied with by it prior to or on the Closing Date.

  • Compliance with Transaction Documents The Company shall comply with, observe and timely perform each and every one of the covenants, agreements and obligations under the Transaction Documents.

  • Compliance with Loan Documents Borrowers will comply in all material respects with any and all covenants and provisions of this Loan Agreement, the Notes and all other of the Loan Documents.

  • Compliance with Financial Covenants Schedule A attached hereto sets forth financial data and computations evidencing the Borrower’s compliance with certain covenants of the Agreement, all of which data and computations are true, complete and correct.

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