Developer Decertification of Property Sample Clauses

Developer Decertification of Property. The Developer will submit to the Public Utility Commission of Texas (“PUC”) a Water Service Area Transfer Agreement pursuant to Texas Water Code Section 13.248 to transfer the Property more particularly described on Exhibit A from Manville Water Supply Corporations’ (“Manville”) CCN to the City’s CCN on or before the City’s approval of the final plat for the initial phase of the Development and shall thereafter diligently pursue the service area transfer from Manville’s to the City’s CCN. The Developer shall be responsible for any and all costs of this service area transfer and shall enter into a deposit agreement between the City and the Developer.
Sample 1
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Developer Decertification of Property. Developer will submit to the Public Utility Commission of Texas (“PUC”) a petition for streamlined expedited release to decertify the Property from Manville’s Certificate of Convenience and Necessity (CCN) on or before the City’s approval of the final plat for the initial phase of the development and shall thereafter diligently pursue the decertification from Manville’s CCN. The Developer shall be responsible for any and all costs of such decertification. If the Developer and Xxxxxxxx xxxxxx on an amount to be paid to Manville as compensation following decertification of the Property, the Developer agrees to enter into an agreement with Manville and the City prior to any agreed to settlement payment being made to Manville.
Sample 1
Developer Decertification of Property. The Monarch Developer will submit to the Public Utility Commission of Texas (“PUC”) a Water Service Area Transfer Agreement pursuant to Texas Water Code Section 13.248 to transfer the Property more particularly described on Exhibit A from Manville Water Supply Corporations’ (“Manville”) CCN to the City’s CCN on or before the City’s approval of the final plat for the initial phase of the Monarch Development and shall thereafter diligently pursue the service area transfer from Manville’s to the City’s CCN. The Monarch Developer shall be responsible for any and all costs of this service area transfer and shall enter into a deposit agreement between the City and the Monarch Developer.
Sample 1
Developer Decertification of Property. The Owner will submit to =the Public Utility Commission of Texas (“PUC”) a petition for streamlined expedited release to decertify the portion of the Property more particularly described on Exhibit “F” attached hereto (the “KB Home Tract”) from Aqua Water Supply Corporations’ (“Aqua”) CCN on or before the City’s approval of the final plat for the initial phase of the Project and shall thereafter diligently pursue the decertification from Aqua’s CCN. The Developer shall be responsible for any and all costs of such decertification to be reimbursed from the PID. If the Developer and Xxxx settle on an amount to be paid to Aqua as compensation following decertification of the KB Home Tract, the Developer agrees to enter into an agreement with Aqua and the City prior to any agreed to settlement payment being made to Aqua.
Sample 1

Related to Developer Decertification of Property

  • Construction of Project 11.1.1 Developer agrees to cause the Project to be developed, constructed, and installed in accordance with the terms hereof and the Construction Provisions set forth in Exhibit D, including those things reasonably inferred from the Contract Documents as being within the scope of the Project and necessary to produce the stated result even though no mention is made in the Contract Documents.

  • Protection of Property Seller assumes, and shall ensure that all subcontractors thereof and their respective employees assume, the risk of loss or destruction of or damage to any property of such parties whether owned, hired, rented, borrowed or otherwise, brought to a facility owned or controlled by Buyer or Buyer’s customer. Seller waives, and shall ensure that any subcontractor thereof and their respective employees waive, all rights of recovery against Buyer, its subsidiaries and their respective directors, officers, employees and agents for any such loss, destruction or damage. At all times Seller shall, and ensure that any subcontractor thereof shall, use suitable precautions to prevent damage to Buyer's property. If any such property is damaged by the fault or negligence of Seller or any subcontractor thereof, Seller shall, at no cost to Buyer, promptly and equitably reimburse Buyer for such damage or repair or otherwise make good such property to Buyer’s satisfaction. If Seller fails to do so, Buyer may do so and recover from Seller the cost thereof.

  • Condition of Property Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date. An engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off Date. To Seller’s knowledge, based solely upon due diligence customarily performed in connection with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of any material damage (other than (i) deferred maintenance for which escrows were established at origination and (ii) any damage fully covered by insurance) that would affect materially and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.

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