Compulsory Acquisition. If the Developer fails to transfer or dedicate the Transfer Land or any land forming part of the Essential Infrastructure to the City in accordance with Schedule 3 of this document then the City may compulsorily acquire that land for the amount of
Compulsory Acquisition.
(a) Except as otherwise provided for in this agreement if the Developer does not dedicate the Dedication Land to Council as required by this agreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Xxx 0000 and may recover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.
(b) Except as otherwise provided for in this agreement clause 11.3(a) constitutes an agreement for the purposes of section 30 of the Land Acquisition (Just Terms Compensation)
Compulsory Acquisition.
(a) If the Developer does not dedicate the Dedication Land to Council as required by this agreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 may recover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.
(b) Clause 9.4(a) constitutes an agreement for the purposes of section 30 of the
Compulsory Acquisition. (i) The Tenant shall notify the Landlord immediately upon receiving a Compulsory Acquisition Notice.
(ii) The Landlord is authorized to collect, settle and compromise, in its discretion (and, if no Breach Event exists, upon notice to Tenant), the amount of any Net Award.
(iii) If no Breach Event has occurred and is continuing, the Tenant shall be entitled to participate with the Landlord in any Compulsory Acquisition proceeding or negotiations under threat thereof and to contest the Compulsory Acquisition or the amount of the Net Award.
(iv) No agreement with any acquirer in settlement or under threat of any Compulsory Acquisition shall be made by the Tenant without the written consent of the Landlord.
(v) Subject expressly to the Tenant’s absolute right to the payments set out in (vi) below, the Tenant hereby irrevocably undertakes to pay (or, if requested by the Landlord, assign) to Landlord any award or payment to which the Tenant is or may be entitled by reason of any Compulsory Acquisition, whether the same shall be paid or payable for the Tenant’s leasehold interest hereunder or otherwise.
(vi) Nothing in this Lease shall impair the Tenant’s right to any award or payment on account of the Tenant’s trade fixtures, equipment or other tangible property which is not part of the Plant, moving expenses or loss of business, if available, to the extent that and so long as (A) the Tenant shall have the right to make, and does make, a separate claim therefore against the acquirer and (B) such claim does not in any way reduce either the amount of the award otherwise payable to Landlord for the Compulsory Acquisition of the Landlord’s interest in the Premises or the amount of the award (if any) otherwise payable for the Compulsory Acquisition of the Tenant’s leasehold interest under this Lease.
(i) If any Partial Compulsory Acquisition shall occur to any Related Premises, this Lease shall continue, notwithstanding such event, and Basic Rent shall continue to be payable in the amounts and on the dates specified herein.
(ii) Promptly after such Partial Compulsory Acquisition, the Tenant shall commence and diligently continue to restore the affected Related Premises as nearly as possible to its value, condition and character immediately prior to such event (assuming the affected Related Premises to have been in the condition required by this Lease) unless it is physically impossible for the affected Related Premises to be reinstated as confirmed by a surveyor from ...
Compulsory Acquisition. All or substantially all of the undertaking, assets or properties of the Borrower(s) or its interests therein are seized, nationalized, expropriated or compulsorily acquired by the authority of government or any other entity;
Compulsory Acquisition. Section 11.1 Definitions In this Article:
Compulsory Acquisition. The particulars of any notices of intention to acquire that have been served under section 6 of the Land Acquisition and Compensation Act 1986 are as follows: Nil.
Compulsory Acquisition. Any part of the property or assets of any Material Group Company is seized, nationalised, expropriated or compulsorily acquired by, or by the order of, any central or local governmental authority which would reasonably be expected to result in a Material Adverse Effect.
Compulsory Acquisition. If the Developer fails to transfer or dedicate the Transfer Land to the City in accordance with 0 of this document then the City may compulsorily acquire that land for the amount of $1.00 in accordance with the Land Acquisition (Just Terms Compensation)
Compulsory Acquisition. If the Landowner fails to deliver the Onsite Affordable Housing in accordance with Schedule 3 of this document then the City may compulsorily acquire that portion of the Land that comprises, or will comprise, the Affordable Housing Dwellings component of the Onsite Affordable Housing for the amount of $1.00 in accordance with the Land Acquisition (Just Terms Compensation)
