Grant Right to Provide Metered Parking Activities and Use of Metered Parking System Assets Sample Clauses

Grant Right to Provide Metered Parking Activities and Use of Metered Parking System Assets. Upon the terms and subject to the conditions of this Agreement, effective at the Time of Closing: (a) Parking Company shall pay Metro the Initial Upfront Payment (as described in Section 2.3(a)) and fund the Operating Expense Account and Capital Expense Account (as described in Sections 2.3(b) and (c)); (b) Metro shall (i) engage Parking Company, on an exclusive basis for and during the term (the “Term”) commencing on the Closing Date and expiring at 11:59 p.m. on the thirtieth (30th) anniversary of the Closing Date (or such later date as may be required to effect a Delay Event Remedy but subject to earlier termination as provided in this Agreement) to perform the Metered Parking Activities in exchange for the right to receive the payments specified in Section 2.3 and elsewhere in this Agreement; (c) Metro shall grant to Parking Company the right to use the Existing Metered Parking System Equipment for the Term, free and clear of any Encumbrances (other than Permitted Metro Encumbrances), and (d) Parking Company shall accept such role and each such grant, or assignment in accordance with the terms hereof, with ownership of the Existing Metered Parking System Equipment retained by Metro (collectively, the “Transaction”). For the avoidance of doubt, and notwithstanding any statements in this Agreement that could be interpreted to the contrary, Parking Company shall perform the Metered Parking Activities during the Term of this Agreement in its capacity as Metro’s agent and subject to Metro’s direction, supervision, and control.
Sample 1
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Grant Right to Provide Metered Parking Activities and Use of Metered Parking System Assets. Upon the terms and subject to the conditions of this Agreement, effective at the Effective Date: (a) Metro shall engage Parking Company, on an exclusive basis for and during the term commencing on the Effective Date and expiring at 11:59 p.m. on the sixtieth month following the Effective Date (or such later date as may be required to effect a Delay Event Remedy but subject to earlier termination as provided in this Agreement) (the “Term”) to perform the Metered Parking Activities in exchange for the right to receive the payments specified in Section 2.2 and elsewhere in this Agreement; and (b) Parking Company shall accept such role in accordance with the terms hereof, with ownership of the Existing Metered Parking System Equipment retained by Metro (collectively, the “Transaction”). For the avoidance of doubt, and notwithstanding any statements in this Agreement that could be interpreted to the contrary, Parking Company shall perform the Metered Parking Activities during the Term of this Agreement in its capacity as Metro’s agent and subject to Metro’s direction, supervision, and control.
Sample 1

Related to Grant Right to Provide Metered Parking Activities and Use of Metered Parking System Assets

  • Use of Basement and Service Areas The basement(s) and service areas, if any, as located within the (project name), shall be earmarked for purposes such as parking spaces and services including but not limited to electric sub-station, transformer, DG set rooms, underground water tanks, pump rooms, maintenance and service rooms, fire fighting pumps and equipment's etc. and other permitted uses as per sanctioned plans. The Allottee shall not be permitted to use the services areas and the basements in any manner whatsoever, other than those earmarked as parking spaces, and the same shall be reserved for use by the association of allottees formed by the Allottees for rendering maintenance services.

  • RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.

  • RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.

  • Service Areas The MCP agrees to provide services to Aged, Blind or Disabled (ABD) members, Modified Adjusted Gross Income (MAGI) members, and Adult Extension members residing in the following service area(s): Central/Southeast Region ☐ Northeast Region ☐ West Region ☐ The ABD and MAGI categories of assistance are described in OAC rule 5160-26-02. The Adult Extension category is defined in Ohio’s Medicaid State Plan as authorized by the Centers for Medicare and Medicaid Services (CMS). The MCP shall serve all counties in any region they agree to serve.

  • PREVAILING WAGE RATES - PUBLIC WORKS AND BUILDING SERVICES CONTRACTS If any portion of work being Bid is subject to the prevailing wage rate provisions of the Labor Law, the following shall apply:

  • Janitorial Services or Building Maintenance Services If this Agreement is for janitorial or building maintenance services, this section is applicable. If this Agreement requires Contractor to perform Services at a new site, Contractor shall retain for sixty (60) days all employees currently employed at that site by any previous contractor that performed the same services at the site. Contractor shall provide upon request information sufficient to identify employees providing janitorial or building maintenance services at each site and to make the necessary notifications required under Labor Code section 1060 et seq.

  • PUBLIC WORKS AND BUILDING SERVICES CONTRACTS Work being done under a resulting Authorized User Agreement may be subject to the prevailing wage rate provisions of the New York State Labor Law. Such work will be identified by the Authorized User within the RFQ. See “Prevailing Wage Rates – Public Works and Building Services Contracts’ in Appendix B, Clause 10, OGS General Specifications. Any federal or State determination of a violation of any public works law or regulation, or labor law or regulation, or any OSHA violation deemed "serious or willful" may be grounds for a determination of vendor non-responsibility and rejection of proposal. The Prevailing Wage Case Number for this Contract is PRC# 2014011745. The Prevailing Wage Rates for various occupations and General Provisions of Laws Covering Workers on Article 8 Public Work Contract can be accessed at the following NYS Department of Labor website: xxxxx://xxxxxxxxxxxx.xxxxx.xx.xxx/wpp/xxxxXxxxXxxxxxx.xx?method=showIt  Insert PRC# 2014011745 in the box provided and click Submit.  Click Wage Schedule located underneath the main header of this page. The PDF file may be searched to obtain the Prevailing Wage Rate for a specific occupation. SHORT TERM EXTENSION In the event a replacement Contract has not been issued, any Contract let and awarded hereunder by the State, may be extended unilaterally by the State for an additional period of up to 3 months upon notice to the Contractor with the same terms and conditions as the original Contract including, but not limited to, prices and delivery requirements. With the concurrence of the Contractor, the extension may be for a period of up to 6 months in lieu of 3 months. However, this extension terminates should the replacement Contract be issued in the interim. PROCUREMENT INSTRUCTIONS Authorized Users should refer to the documents attached as Appendix G – Processes and Forms Templates for specific instructions on the usage of this Contract. OGS reserves the right to unilaterally make revisions, changes, additions and/or updates to the documents attached as Appendix G - Processes and Forms Templates without processing a formal amendment and/or modification. SPECIFICATIONS During the term of the Contract, the Authorized User may request Product specifications for particular items that have been included by the Contractor in its Pricing Pages. These specifications will be provided by the Contractor at no cost.

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