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Issuance of the Release of Construction Covenants Sample Clauses

Issuance of the Release of Construction Covenants. City shall issue a Release of Construction Covenants for the Improvements.
Sample 1Sample 2See All (5)
Issuance of the Release of Construction Covenants. City shall issue a Release of Construction Covenants for the Improvements. After Completion and in accordance with Section 319 of the OPA. NOTES: 1. Items under III. Evidence of Financing in this Schedule of Performance may be extended by twelve (12) months per Section 602(c) of the OPA. 2. The Schedule of Performance shall be subject to amendment from time to time upon the written mutual approvals of the City and Owner per Section 308 of the OPA. 3. Descriptions of items of performance and deadlines in this Schedule of Performance are not intended to supersede more complete descriptions in the text of the OPA; and in the event of any conflict between the text of the OPA and this Schedule, the text of the OPA shall govern. OFFICIAL BUSINESS Document entitled to free recording per Government Code Sections 6103 and 27383 Recording Requested By and When Recorded Mail to: City of San Diego c/o Civic San Diego 000 X Xxxxxx, Xxxxx 000 Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: President Space above this line for Recorder’s use only RESTRICTIONS) (“Agreement”) is entered into as of , 2014 by and between the CITY OF SAN DIEGO, a municipal corporation (“City”), the SAN DIEGO HOUSING COMMISSION (“Fee Owner”), and HDP XXXXXXXXX, LLC., a California limited liability company (“Leasehold Owner”). Fee Owner and Leasehold Owner shall be collectively referred to herein as “Owner.” City, Fee Owner, and Leasehold Owner shall collectively be referred to herein as the “Parties.” A. Fee Owner owns fee title to that certain real property (the “Property”) located in the City of San Diego, County of San Diego, State of California, legally described in the “Legal Description” attached hereto and incorporated herein as Exhibit A-1. Pursuant to a long-term, 65-year ground lease with Fee Owner (“Ground Lease”), Leasehold Owner owns a leasehold estate (“Leasehold”) in the Property, as legally described in the “Legal Description” attached hereto and incorporated herein as Exhibit A-2. This Agreement is being filed in the Official Records of the San Diego County Recorder’s Office (“Official Records”) against both the Property and the Leasehold. B. City and Leasehold Owner have entered into that certain Owner Participation Agreement, dated as of , 2014 (the “OPA”), which is incorporated herein by this reference. OPA as used herein shall mean, refer to and include the OPA, as well as any riders, exhibits, addenda, implementation agreements, amendments, or attachments thereto (which are hereby ...
Sample 1
Issuance of the Release of Construction Covenants. Agency shall issue a Release of Construction Covenants for the Improvements. Within twenty (20) days after written request of Owner, which request may be given after completion of all construction, issuance of a final certificate of occupancy and 35 days following the recordation of a Notice of Completion pursuant to Civil Code Section 3093.
Sample 1
Issuance of the Release of Construction Covenants. Agency shall issue a Release of Construction Covenants for the Improvements. After Completion and in accordance with Section 324 of the DDA.
Sample 1

Related to Issuance of the Release of Construction Covenants

  • 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.

  • Commencement and Completion of Construction The Company shall begin Construction Activities no later than January 1, 2014 (“Commencement Date”) and secure a final Certificate of Compliance by June 30, 2015 (hereinafter, “Completion Date”).

  • MAINTENANCE OF CONDITIONS Conditions of employment in effect at the execution of this Agreement shall, except as improved herein, be maintained during the term of this Agreement.

  • Completion of Construction Within 60 days of the completion of construction of the Project, Project Owner shall deliver to DoD copies of the FAA form 7460-2 for each ASN, including the final coordinates for each turbine erected.

  • Performance of Covenants and Satisfaction of Conditions To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to each Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.

  • Waiver of Rule of Construction Each Party has had the opportunity to consult with counsel in connection with the review, drafting and negotiation of this Agreement. Accordingly, the rule of construction that any ambiguity in this Agreement shall be construed against the drafting Party shall not apply.

  • Certain Matters of Construction The terms “herein,” “hereof,” “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular section, paragraph or subdivision. Any pronoun used shall be deemed to cover all genders. In the computation of periods of time from a specified date to a later specified date, “from” means “from and including,” and “to” and “until” each mean “to but excluding.” The terms “including” and “include” shall mean “including, without limitation” and, for purposes of each Loan Document, the parties agree that the rule of ejusdem generis shall not be applicable to limit any provision. Section titles appear as a matter of convenience only and shall not affect the interpretation of any Loan Document. All references to (a) laws or statutes include all related rules, regulations, interpretations, amendments and successor provisions; (b) any document, instrument or agreement include any amendments, waivers and other modifications, extensions or renewals (to the extent permitted by the Loan Documents); (c) any section mean, unless the context otherwise requires, a section of this Agreement; (d) any exhibits or schedules mean, unless the context otherwise requires, exhibits and schedules attached hereto, which are hereby incorporated by reference; (e) any Person include successors and assigns; (f) time of day mean time of day at Lenders’ notice addresses under Section 13.3.1; or (g) discretion of any Lender mean the sole and absolute discretion of such Person. All calculations of fundings of the Loans, and payments of Obligations shall be in Dollars and, unless the context otherwise requires, all determinations made from time to time under the Loan Documents shall be made in light of the circumstances existing at such time. Borrowers shall have the burden of establishing any alleged negligence, misconduct or lack of good faith by any Lender under any Loan Documents. No provision of any Loan Documents shall be construed against any party by reason of such party having, or being deemed to have, drafted the provision.

  • Suspension of unsafe Construction Works (i) Upon recommendation of the Authority’s Engineer to this effect, the Authority may by notice require the Contractor to suspend forthwith the whole or any part of the Works if, in the reasonable opinion of the Authority’s Engineer, such work threatens the safety of the Users and pedestrians. (ii) The Contractor shall, pursuant to the notice under Clause 11.17 (i), suspend the Works or any part thereof for such time and in such manner as may be specified by the Authority and thereupon carry out remedial measures to secure the safety of suspended works, the Users and pedestrians. The Contractor may by notice require the Authority’s Engineer to inspect such remedial measures forthwith and make a report to the Authority recommending whether or not the suspension hereunder may be revoked. Upon receiving the recommendations of the Authority’s Engineer, the Authority shall either revoke such suspension or instruct the Contractor to carry out such other and further remedial measures as may be necessary in the reasonable opinion of the Authority, and the procedure set forth in this Clause 11.17 shall be repeated until the suspension hereunder is revoked. (iii) Subject to the provisions of Clause 21.6, all reasonable costs incurred for maintaining and protecting the Works or part thereof during the period of suspension (the “Preservation Costs”), shall be borne by the Contractor; provided that if the suspension has occurred as a result of any breach of this Agreement by the Authority, the Preservation Costs shall be borne by the Authority. (iv) If suspension of Works is for reasons not attributable to the Contractor, the Authority’s Engineer shall determine any Time Extension to which the Contractor is reasonably entitled.

  • Construction of Provisions Although certain provisions of this Agreement contain express language which precludes the Servicer's recovery of, or reimbursement for, expenses incurred hereunder, no inference to the contrary shall be drawn from absence of such, or similar, language in any other provision hereof regarding expenses.

  • Governing Law; Construction This Agreement and any claim, counterclaim or dispute of any kind or nature whatsoever arising out of or in any way relating to this Agreement (“Claim”), directly or indirectly, shall be governed by, and construed in accordance with, the laws of the State of New York. The section headings in this Agreement have been inserted as a matter of convenience of reference and are not a part of this Agreement.

Most Referenced Clauses

Most Referenced Definitions