Conveyance of the Civic Use Tract Sample Clauses

Conveyance of the Civic Use Tract. Developer shall deliver and convey the Civic Use Tract to the Commission for the sum of One Dollar ($1.00), supported by all necessary and completed Subdivision Infrastructure on or about closing on the second series of Wild Air Bonds (the “Second Series Closing”). The Civic Use Tract shall be subject to the ECRs. Before the Town has the obligation to complete the Second Series Closing or accept the conveyance of the Civic Use Tract, the Commission shall have approved the ECRs as they impact the Civic Use Tract. The Commission’s approval shall not be unreasonably withheld, delayed or conditioned. Developer shall be obligated to remove all monetary liens attached to the Civic Use Tract evidencing an obligation to pay money to a third party at the Second Series Closing. At the Second Series Closing, Developer shall, upon the Town's issuance of the second series of Wild Air Bonds, deliver the following to the Commission:
Sample 1
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Related to Conveyance of the Civic Use Tract

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • NOW, THEREFORE the parties hereto agree as follows:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Definitions For purposes of this Agreement:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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