Expansions. The Company and any of its Restricted Subsidiaries, subject to satisfaction of the conditions set forth in Section 4.11(b) below, will have the right to modify existing facilities, and to construct the following additional facilities, including acquiring land for the location of such additional facilities:
(1) one or more Trains (in addition to Train One, Train Two and Train Three) and related storage, transportation, loading, unloading and other facilities and equipment;
(2) other facilities for producing, storing, loading or unloading LNG or other products required for or associated with the production of LNG, including modifications of the then-existing facilities to provide regasification or bi-directional production service;
(3) expansion of existing pipelines or construction of new pipelines, and related infrastructure;
(4) other modifications of then-existing Project Facilities; and
(5) the construction of Project Facilities or other infrastructure pursuant to a Sharing Arrangement permitted under Section 4.28; (such expansions and/or modifications (and which in each case are not Permitted Development Expenditures) are referred to as “Expansions” and each an “Expansion”); provided that, notwithstanding the conditions set forth in Section 4.11(b) below, the Company and any of its Restricted Subsidiaries may at any time (a) conduct front-end engineering, development and design work using Equity Funding; (b) prepare and submit applications for Permits related to any such Expansion; (c) undertake early works and/or pre-construction activities; and (d) enter into a construction contract or construction contracts with respect to the development of Trains, and related loading, transportation and storage facilities, that contain obligations and liabilities not exceeding $50,000,000.
Expansions. During the five (5) year period commencing on the delivery of the first System for commercial operations, the Owner may, from time to time, order Expansions from the Vendor, subject to the provisions of Section 12. The price and terms of such Expansions shall be as set forth in Exhibits B and B-1 through and including B-8 (collectively, the "B Exhibits").
Expansions. (a) As used herein, the term “Eligible Expansion” means (i) an expansion of the Central Penn Line which will increase the firm transportation capacity of all or a portion of the Central Penn Line, and/or (ii) the construction of an interconnection(s) (other than the Receipt Interconnections) on the Central Penn Line. If Transco desires to pursue or develop an Eligible Expansion, then Transco shall notify Xxxxx thereof. As part of such notification, Transco shall provide the following information about the Eligible Expansion: (A) a description of the facilities to be installed; (B) the total estimated cost of the facilities; (C) the amount of firm transportation capacity to be added; (D) flow diagrams for such capacity; (E) the proposed project schedule, including the expected construction period and target in-service date; and (F) a brief description of the approvals required of any Governmental Authority.
Expansions. [To be negotiated.]
(i) [*] of the amount of all Purchase Orders completed by the Vendor with respect to Products for which Vendor provides installation Services pursuant to an Expansion shall be invoiced upon delivery of such Products; and
(ii) [*] of the amount of all Purchase Orders completed by Vendor with respect to Products for which Vendor provides installation Services pursuant to an Expansion shall be invoiced upon completion of installation of such Products; and
(iii) [*] of the amount of all Purchase Orders completed by the Vendor with respect to Products for which Vendor provides no installation Services pursuant to an Expansion shall be invoiced upon delivery of such Products.
Expansions. During the Contract Term, Owner may, from time to time, order Expansions from Vendor, subject to the provisions of Section 12. The price and terms of such Expansions shall be as set forth in Exhibit A01 and A02.
Expansions. During the five (5) year period commencing on ---------- the Effective Date, the Owner may, from time to time, order Expansions from the Vendor, subject to the provisions of Section 12. The price and terms of such Expansions shall be as set forth in Exhibits B and B-1 through and including B-8 (collectively, the "B Exhibits"). ----------
Expansions. Four and one-half percent (41/2%) of the aggregate Base Rent payable to Owner in respect of the additional space leased, payable when tenant accepts the space in question and Owner receives the initial payment of Base Rent with regard thereto.
Expansions. If the School Board desires to expand an existing school site, the County and/or Municipality may impose reasonable development standards and conditions on the expansion only, and in a manner consistent with sections 1013.33 (15) and 1013.51, Florida Statutes and consistent with the applicable Comprehensive Plan and applicable Land Development Regulations including the requirements of Section 4 of this Agreement. Standards and conditions may not be imposed which conflict with the Florida Building Code. A new school collocated or adjacent to an existing school shall not be deemed an expansion, rather, all the other provisions of Sections 3 and 4 of this Agreement shall apply.
Expansions. Either Party may propose to the Management Committee that CGC undertake an expansion of the Project (an "Expansion Proposal" and "Expansion", respectively). If a Deadlock occurs and the Parties are unable to agree on an Expansion Proposal within sixty (60) days after the panel of senior executives has convened, then, so long as the Expansion Conditions (as defined below) are met, the following procedures will apply: (i) the Parties shall structure the Expansion through a separate project entity; (ii) the Proposing Party shall be the Operator and project manager for the Expansion and the separate project entity; and (iii) any dilution in respect of the Expansion under the Dilution Mechanism shall apply only to a Party's interest in and to the Expansion and the separate project entity (and not to its entire ownership interest in CGC). For purposes of this Section 12, the "Expansion Conditions" are: (x) delivery by the Proposing Party to the other Party of a satisfactory report from an independent reputable geothermal resource consultant to the effect that the Expansion's utilization of CGC's geothermal resource will not adversely impact the performance and operation of the existing Project at a level consistent with CGC's original projections; (y) if required, receipt of consents from any third-party lenders to CGC; and (z) if NGP is the Proposing Party, NGP's then ownership interest in CGC shall be not less than 50%, and the Ormat bridge financing shall have been irrevocably paid in full in cash.
Expansions. Borrower shall obtain Lender's prior written consent prior to constructing any additional improvements on vacant land constituting part of its Property.
