Initial Extension of Access Drive and Utilities to Grantee’s Property Sample Clauses

Initial Extension of Access Drive and Utilities to Grantee’s Property. As soon as practical after the Effective Date, Grantor, at Grantor’s cost and expense, shall (i) construct and complete such extension of the drive, road, curb cuts, paving and other improvements and facilities on and within the Access Easement Parcel as necessary, appropriate or required to provide passage, access, ingress and egress to and from, and between the Grantee’s Property and Route 60 sufficient for Grantee’s Intended Use (the “Access Drive Extension”) and (ii) construct, install and extend any and all utility lines, poles, wires, pipes and other utility facilities to the boundaries of Grantee’s Property as necessary, appropriate, or required for the transmission, distribution, flow and delivery of electricity, gas, water, sanitary and storm sewer, telephone, cable television and other utility services, including any lift station for sewage disposal into the sewer system for the City of Xxxxxx, sufficient (by volume) and satisfactory to serve Grantee’s Property for Grantee’s Intended Use (the “Utilities Extension” and, collectively with the Access Drive Extension, the “Initial Extension Work”). Grantor shall diligently pursue completion and construction of the Initial Extension Work as required by Sections 1.5 and 2.5 hereof so as to facilitate the construction and completion of the Improvements (as defined in the Lease) in accordance with the terms and provisions of the Lease.
Sample 1
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Related to Initial Extension of Access Drive and Utilities to Grantee’s Property

  • Conditions Subsequent to the Initial Extension of Credit The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of each of the conditions subsequent set forth below (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default):

  • Conditions to Effectiveness of Extension Notwithstanding the foregoing, (x) no more than two (2) extensions of the Maturity Date shall be permitted hereunder and (y) any extension of any Maturity Date pursuant to this Section 2.21 shall not be effective with respect to any Extending Lender unless:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • CONDITIONS TO EFFECTIVENESS OF THIS FIRST AMENDMENT Section 3.1. This First Amendment shall not become effective until, and shall become effective when, each and every one of the following conditions shall have been satisfied:

  • Conditions to Initial Extension of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Conditions to Effectiveness of Extensions Notwithstanding the foregoing, the extension of the Maturity Date pursuant to this Section shall not be effective with respect to any Lender unless:

  • Conditions Precedent to Initial Extension of Credit The obligation of each Lender to make an Advance or of any Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:

  • CONDITIONS OF INITIAL EXTENSION OF CREDIT The obligation of Bank to extend any credit contemplated by this Agreement is subject to the fulfillment to Bank's satisfaction of all of the following conditions:

  • Initial Extension of Credit The obligation of Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender shall have received all of the documents set forth below in form and substance satisfactory to Lender.

  • Limitation of responsibility of Existing Lenders (a) Unless expressly agreed to the contrary, an Existing Lender makes no representation or warranty and assumes no responsibility to a New Lender for:

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