Government-Mandated Capital Project Proposal Sample Clauses

Government-Mandated Capital Project Proposal. After consulting the Executive Committee, the Lessee shall submit a proposal with respect to any Government- Mandated Capital Project to the Signatory Airlines. The proposal shall be submitted to the Airlines in substantially the form attached as Schedule L and shall include a detailed description of the project (including the purpose or expected benefits of the project), a justification for the determination that the project is a Government-Mandated Capital Project, an evaluation of the project in comparison to other available alternatives for achieving compliance with the relevant Law or airport certification requirement, documentation that the Lessee intends to seek funds from all available Governmental Authority grant funding sources (including what those sources may be), the estimated completion date, the estimated costs of the project (including any costs for designing, constructing, equipping and financing the project), the proposed sources and uses of funds and the expected terms of financing (it being understood that the Lessee is not obligated to propose obtaining, or to subsequently obtain, equity financing as part of the financing of the project). The proposal shall also include a schedule of the annual amortized cost of the project and of the estimated increases to the Total Landing Contribution, Total Domestic Terminal Contribution, Total International Terminal Contribution and/or Total Local Terminal Contribution. The proposal must disclose any compensation to be received by the Lessee from any other party to contracts related to the project and the relationship between such party and the Lessee, if any. If an Airfield MII (with respect to a project attributable to the Airfield Area) or a Terminal MII (with respect to a project attributable to the Terminal), as the case may be (and in each case, each Airline determining in its discretion whether to participate in such Airfield MII or Terminal MII), disputes that the project qualifies as a Government-Mandated Capital Project and initiates the dispute resolution procedures in accordance with Article 11 within 90 days after the Lessee has submitted the proposal to the Signatory Airlines, the Lessee may not add the costs of the Government-Mandated Capital Project to the Landing Contribution, Total Domestic Terminal Contribution, Total International Terminal Contribution or Total Local Terminal Contribution in accordance with Section 6.3(d)(iv) or (v) until such dispute is resolved. For the avoid...
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs

Related to Government-Mandated Capital Project Proposal

  • Project Approval The County may issue a Job Order Authorization for the Work, to include the firm-fixed-price of the Job Order and the project duration. Contractor agrees that all clauses of this Contract are applicable to any Job Order issued hereunder. The County reserves the right to reject a Contractor’s Quote based on unjustifiable quantities and/or methods, performance periods, inadequate documentation, or other inconsistencies or deficiencies on the Contractor’s part in the sole opinion of the County. The County reserves the right to issue a unilateral Job Order authorization for the Work if a Quote price cannot be mutually agreed upon. This is based upon unjustifiable quantities in the sole opinion of the County. The County also reserves the right to not issue a Job Order Authorization if the County’s requirement is no longer valid or the project is not funded. In these instances, the Contractor has no right of claim to recover Quote expenses. The County may pursue continuing valid requirements by other means where Contract was not reached with the Contractor.

  • New Project Approval Consultant and District recognize that Consultant’s Services may include working on various projects for District. Consultant shall obtain the approval of District prior to the commencement of a new project.

  • Construction Change Directives 1.1.1, 3.4.2, 3.11, 3.12.8, 4.2.8, 7.1.1, 7.1.2, 7.1.3, 7.3, 9.3.1.1 Construction Schedules, Contractor’s 3.10, 3.11, 3.12.1, 3.12.2, 6.1.3, 15.1.6.2

  • Government Consent No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental or public body or authority is required on the part of the Borrower to authorize, or is required in connection with the execution, delivery and performance of, or the legality, validity, binding effect or enforceability of, the Loan Documents.

  • Agency Approval The Servicer has been approved by FNMA or FHLMC and will remain approved as an "eligible seller/servicer" of conventional, residential mortgage loans as provided in FNMA or FHLMC guidelines and in good standing. The Servicer has not received any notification from FNMA or FHLMC that the Servicer is not in compliance with the requirements of the approved seller/servicer status or that such agencies have threatened the servicer with revocation of its approved seller/servicer status.

  • Government Authorization No consent, approval, order or authorization of, or registration, declaration or filing with, or notice to, any Governmental Entity, is required by or with respect to Pubco in connection with the execution and delivery of this Agreement by Pubco, or the consummation by Pubco of the transactions contemplated hereby, except, with respect to this Agreement, any filings under the Nevada Statutes, the Securities Act or the Exchange Act.

  • GOVERNMENT ACQUISITION 18.1 The Bank has not received any notification of any acquisition by the acquiring authority of the whole or any part of the Property. In the event of any such acquisition or intended acquisition the sale of the Property shall not be annulled nor there be any adjustment or abatement of the Purchase Price. In this respect, upon full payment of the Purchase Price by the Purchaser to the Bank together with all interest on late payment (if any) all compensation which may be paid by the acquiring authority shall belong to the Purchaser.

  • Government Approval, Regulation, etc No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or other Person is required for the due execution, delivery or performance by the Borrower of this Amendment.

  • Approval of Plans and Specifications The Plans and Specifications will conform to the requirements and conditions set out by applicable law or any effective restrictive covenant, and to all governmental authorities which exercise jurisdiction over the Leased Premises or the construction thereon.

  • Government Approval Boeing and Customer will assist each other in obtaining any governmental consents or approvals required to effect certification and sale of aircraft under the applicable purchase agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!