Grant and Purpose Sample Clauses

Grant and Purpose. Commencing on Licensor hereby grants to Licensee, and Licensee hereby accepts, a license to (a) install, maintain and operate for the term hereof, a satellite dish antenna more fully described on Appendix "A" attached hereto ("Antenna") having the size and weight specifications and frequency ranges described on Appendix "A" attached hereto at the location and mounted as described on Appendix "B" attached hereto, at the building known as Century XXI Office Complex, ("Building"), subject to all governmental laws, rules and regulations, including but not limited to local zoning ordinances and restrictions of record, in accordance with the following terms, covenants and conditions.
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Grant and Purpose. Grantor hereby grants and conveys to the City the non-exclusive perpetual right to public access, limited to pedestrian and wheelchair travel on, across, over and through the surface of the plaza located and to be located on Grantor’s Property, throughout the entire area shown by hatch marks on Exhibit 2 (“Public Access Area”). For purposes of this Easement, “wheelchair” includes any device for mobility of persons with disabilities allowed from time to time on public sidewalks in the City of Seattle. Such rights (referred to herein as the “Public Access Rights”) shall include the City’s right to install in the Public Access Area any directional signage that the City deems appropriate for the convenience of the public using the Public Access Area and that Grantor approves, which approval shall not unreasonably be withheld, conditioned or delayed. Except during times when the Public Access Area may be closed to the public under the terms hereof, the public shall, commencing upon Substantial Completion of the Plaza (as such phrase is defined in the Agreement), but not earlier, have free, open and continuous pedestrian and wheelchair access to and through the Public Access Area free of charge every day of the year, at least during the period beginning at 7:00 AM and ending at 10:00 PM local time, subject to compliance with rules of conduct under Paragraph 6 below and all other terms and conditions of this Easement; provided that City employees in the performance of their official duties related to public safety may use the Public Access Area at all times. Grantor reserves the right to undertake measures to prevent public access onto Grantor’s Property and Grantor’s Project outside of the Public Access Area and to install measures reasonably intended to prevent use of or access to the Public Access Area during any times when public access is not permitted hereunder.
Grant and Purpose. Subject to the conditions contained in this Substitute Easement Agreement, effective on the date of termination of the West Yard TCE, recorded under King County recording number , the CITY grants to the COUNTY a permanent easement (“Easement”) in, on, under, across and through that portion of the City Property legally described as the “Permanent Pipeline/Access Easement Area” on Exhibit C and depicted on Exhibit D hereto, which Exhibits are incorporated herein by this reference. This Easement is appurtenant to the Tank Area Property, legally described on Exhibit B, and is granted for the benefit of all property now owned or hereafter acquired by the COUNTY that constitutes a portion of the CSO Project (defined in Recital B above) and is for the purposes of access to and installation, construction, ownership, use, operation, maintenance, repair, replacement and improvement of a subsurface pipeline and the following listed improvements at or below the surface of the Permanent Pipeline/Access Easement Area (collectively “Pipeline Easement Improvements”) for the South Magnolia CSO Project: connections, manholes, valves, metering equipment, electric and communication cables, cathodic devices and any other necessary and convenient appurtenances. Access rights are for personnel, vehicles and equipment for the purposes described above. All Pipeline Easement Improvements of any kind that are acquired, constructed or installed within the Permanent Pipeline/Access Easement Area shall be and shall at all times remain the property of the COUNTY. The Permanent Pipeline/Access Easement Area contains an area of 5,285 square feet (0.13 acres), more or less.
Grant and Purpose. Subject to the conditions contained in this Substitute Easement Agreement, effective on the date of termination of the West Yard TCE, recorded under King County recording number , the CITY grants to the COUNTY a permanent surface and aerial easement (“Easement”) in, on, over, across and through that portion of the City Property legally described as the “Surface/Aerial Easement Area” on Exhibit C and depicted on Exhibit D hereto, which Exhibits are incorporated herein by this reference. This Easement is appurtenant to the Tank Area Property, legally described on Exhibit A, and the Permanent Pipeline/Access Easement Area, legally described in Exhibit E and is granted for the benefit of all property now owned or hereafter acquired by the COUNTY that constitutes a portion of the CSO Project (defined in Recital B, above) and is for the purposes of access for personnel, vehicles and equipment to the Tank Area Property, legally described in Exhibit A, and the Permanent Pipeline/Access Easement Area, legally described in Exhibit E, to install, construct, use, operate, inspect, maintain, repair, replace, enhance and improve the CSO Project infrastructure, and for necessary parking, storage and staging of equipment, vehicles and construction materials, loading and unloading of trucks and/or conveyors, related to the CSO Project infrastructure in the Tank Area Property, the Permanent Pipeline/Access Easement Area and other property now owned or hereafter acquired that constitutes a portion of the CSO Project. The Surface/Aerial Easement Area contains an area of 20,026 square feet (0.46 acres), more or less.
Grant and Purpose 

Related to Grant and Purpose

  • Establishment and Purpose The Plan was adopted by the Board of Directors on October 28, 2012, and shall be effective immediately prior to the closing of the initial offering of Stock to the public pursuant to a registration statement filed by the Company with the Securities and Exchange Commission (the “Effective Date”). The purpose of the Plan is to promote the long-term success of the Company and the creation of stockholder value by (a) encouraging Employees, Outside Directors and Consultants to focus on critical long-range objectives, (b) encouraging the attraction and retention of Employees, Outside Directors and Consultants with exceptional qualifications and (c) linking Employees, Outside Directors and Consultants directly to stockholder interests through increased stock ownership. The Plan seeks to achieve this purpose by providing for Awards in the form of restricted shares, stock units, options (which may constitute incentive stock options or nonstatutory stock options), stock appreciation rights or cash-based awards.

  • Parties and Purpose This agreement (the “Agreement”) is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

  • Background and Purpose Executive was employed by the Company. Executive's employment is ending effective ____________ under the conditions described in Section 3.1 of the Executive Severance Agreement ("Agreement") by and between Executive and the Company dated ____________, 2012. The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims the Releasing Parties may have against the Released Parties, whether asserted or not, known or unknown, including, but not limited to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

  • Formation and Purpose Promptly following the Effective Date, the Parties shall confer and then create the Committees listed in the chart below, each of which shall have the purpose indicated in the chart. To the extent that after conferring both Parties agree that a given Committee need not be created until a later date, the Parties may agree to defer the creation of the Committee until one Party informs the other Party of its then desire to create the so-deferred Committee, at which point the Parties will thereafter promptly create the so-deferred Committee and schedule a meeting of such Committee within one (1) month. Committee Purpose Joint Steering Committee (“JSC”) Establish projects for the Anti-Infectives Program and establish the priorities, as well as approve budgets for such projects. Approve all subcommittee projects and plans. The JSC shall establish budgets not less than on a quarterly basis. Chemistry, Manufacturing and Controls Committee (“CMCC”) Establish project plans and review and approve activities and budgets for chemistry, manufacturing, and controls under the Anti-Infectives Program. Portions herein identified by [*****] have been omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. A complete copy of this document has been filed separately with the Securities and Exchange Commission. Committee Purpose Clinical/Regulatory Committee (“CRC”) Review and approve all research and development plans, clinical projects and publications, and regulatory filings and correspondence under the Anti-Infectives Program; review and approve itemized budgets with respect to the foregoing. Commercialization Committee (“CC”) Establish project plans and review and approve activities and budgets for commercialization activities under the Anti-Infectives Program. Intellectual Property Committee (“IPC”) Evaluate intellectual property issues in connection with the Anti-Infectives Program; review and approve itemized budgets with respect to the foregoing.

  • Duration of Plan No Grant or Award may be issued under this Plan before July 1, 2002, or after June 30, 2012; provided, however, a Grant of a Reload Option may be issued after June 30, 2012, upon the exercise of an Original Option as provided in Section 4.3 hereof. Grants and Awards issued on or after July 1, 2002, but on or before June 30, 2012, and Grants of Reload Options issued after June 30, 2012 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

  • Intention of the Parties and Interpretation Each of the parties acknowledges and agrees that the purpose of Article XI of this Agreement is to facilitate compliance by the Securities Administrator, the Master Servicer and the Depositor with the provisions of Regulation AB promulgated by the SEC under the 1934 Act (17 C.F.R. §§ 229.1100 - 229.1123), as such may be amended from time to time and subject to clarification and interpretive advice as may be issued by the staff of the SEC from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish that purpose, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB, (c) the parties shall comply (to the extent practical from a timing and information systems perspective) with requests made by the Securities Administrator, the Master Servicer or the Depositor for delivery of additional or different information as the Securities Administrator, the Master Servicer or the Depositor may determine in good faith is necessary to comply with the provisions of Regulation AB, and (d) no amendment of this Agreement shall be required to effect any such changes in the parties’ obligations as are necessary to accommodate evolving interpretations of the provisions of Regulation AB.

  • Covenants and Conditions; Construction of Agreement All provisions of this Lease to be observed or performed by Lessee are both covenants and conditions. In construing this Lease, all headings and titles are for the convenience of the Parties only and shall not be considered a part of this Lease. Whenever required by the context, the singular shall include the plural and vice versa. This Lease shall not be construed as if prepared by one of the Parties, but rather according to its fair meaning as a whole, as if both Parties had prepared it.

  • Terms of AAU; Certain Definitions; Construction Each AAU will relate to an Offering, and will identify: (i) the securities to be offered in the Offering (the “Securities”), their principal terms, the issuer or issuers (each, an “Issuer”) and any guarantor (each, a “Guarantor”) thereof, and, if different from the Issuer, the seller or sellers (each, a “Seller”) of the Securities, (ii) the underwriting agreement, purchase agreement, standby underwriting agreement, distribution agreement, or similar agreement (as identified in such AAU and as amended or supplemented, including a terms agreement or pricing agreement pursuant to any of the foregoing, collectively, the “Underwriting Agreement”) providing for the purchase, on a several and not joint basis, of the Securities by the several underwriters, initial purchasers, or others acting in a similar capacity (the “Underwriters”) on whose behalf the Manager (as defined below) executes the Underwriting Agreement, and whether such agreement provides for: (x) an option to purchase Additional Securities (as defined below) to cover sales of shares in excess of the number of Firm Securities (as defined below), or (y) an offering in multiple jurisdictions or markets involving two or more syndicates (an “International Offering”), each of which will offer and sell Securities subject to such restrictions as may be specified in any Intersyndicate Agreement (as defined below) referred to in such AAU, (iii) the price at which the Securities are to be purchased by the several Underwriters from any Issuer or Seller thereof (the “Purchase Price”), (iv) the offering terms, including, if applicable, the price or prices at which the Securities initially will be offered by the Underwriters (the “Offering Price”), any selling concession to dealers (the “Selling Concession”), reallowance (the “Reallowance”), management fee, global coordinators’ fee, praecipium, or other similar fees, discounts, or commissions (collectively, the “Fees and Commissions”) with respect to the Securities, and (v) other principal terms of the Offering, which may include, without limitation: (A) the proposed or actual pricing date (“Pricing Date”) and settlement date (the “Settlement Date”), (B) any contractual restrictions on the offer and sale of the Securities pursuant to the Underwriting Agreement, Intersyndicate Agreement, or otherwise, (C) any co-managers for such Offering (the “Co-Managers”), (D) your proposed participation in the Offering, and (E) any trustee, fiscal agent, or similar agent (the “Trustee”) for the indenture, trust agreement, fiscal agency agreement, or similar agreement (the “Indenture”) under which such Securities will be issued.

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