CONSTRUCTION OF THE IMPROVEMENT Sample Clauses

CONSTRUCTION OF THE IMPROVEMENT. If the establishment of the Project, as described in Appendix B annexed hereto, involves the improvement of the Project Premises (hereinafter the "Improvement") the Sponsor shall:
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CONSTRUCTION OF THE IMPROVEMENT. The first paragraph of Section 5 ofthe original Agreement is deleted in its entirety and replaced with "The Company anticipates that it will commence construction of the Project OJ\ or before December 1, 2021, with a completion date on or before December 31, 2022. The Certified Appraised Value of the Improvements will depend upon annual appraisals by the Mills County Appraisal District. If the Company elects to proceed with the Project, the Company agrees to construct Improvements on the Property within the Reinvestment Zone consisting of windpower facilities of a minimum of seventy-seven megawatts (77 MW). Thenumber ofturbines will vary depending on the types ofturbines and the size of the wind power facility, but the overall nameplate capacity of the Improvements will not be less than seventy-seven megawatts (77MW).

Related to CONSTRUCTION OF THE IMPROVEMENT

  • CONSTRUCTION OF THE PROJECT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

  • CONSTRUCTION OF THE PROJECT/ APARTMENT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the [Apartment/Plot] and accepted the floor plan, payment plan and the specifications, amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed by the [Please insert the relevant State laws]and shall not have an option to make any variation /alteration / modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

  • Completion of the Project The Contracting Party shall complete the construction, equipping and furnishing of the Improvements in accordance with the Plans and submit to the Board a Certificate of Completion on or before November 1, 2016.

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