MILRA’s Contribution Sample Clauses

MILRA’s Contribution. XXXXX’s contribution to the Project shall consist of (i) payment of the Management Costs, (ii) funds from the City to cover the Survey and all predevelopment expenses of MILRA under this Master Development Agreement (collectively, the “MILRA Predevelopment Funds”), (iii) payment on behalf of Developer for the first One Hundred Thousand and 00/100 Dollars ($100,000.00) in Due Diligence Costs, which payment may be in the form of grant funds or services obtained by MILRA to perform such due diligence activities in lieu of an actual cash payment to Developer (the “MILRA Due Diligence Contribution”), and (iv) contribution of the Parcels (i.e., the land and improvements situated thereon) underlying the applicable Project Area, together with certain other monetary and/or non-monetary contributions, as provided herein (collectively, “MILRA’s Contribution”). If the MILRA Due Diligence Contribution will be made by MILRA via MILRA’s contracting for professional services or grants for in-kind services (as opposed to a cash payment to Developer), XXXXX agrees to consult with Developer regarding the nature of such services and due diligence activities before contracting for them. Developer acknowledges and agrees that any monetary contributions by XXXXX may come from grants or other public monies that XXXXX is able to obtain, and not necessarily solely from XXXXX’s own funds. MILRA has set out the value allocated for each Parcel (including the improvements situated thereon) on the schedule of values attached hereto as Exhibit “G”. MILRA shall not be required to contribute any Parcel to effect development thereof by executing a Ground Lease with respect thereto unless and until the Closing of any Developer’s Equity and Financing with respect to such Parcel for a Project Area, on terms and conditions reasonably acceptable to MILRA, and subject to the full execution and delivery by the Parties of the Project Area Development Agreement for such Project Area.
Sample 1
AutoNDA by SimpleDocs

Related to MILRA’s Contribution

  • Retirement Retirement" shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

  • Separate Account If Student-Generated Content is stored or maintained by the Provider, Provider shall, at the request of the LEA, transfer, or provide a mechanism for the LEA to transfer, said Student- Generated Content to a separate account created by the student.

  • Severance If any provision or part-provision of this Agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part- provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this Agreement. If any provision or part-provision of this Agreement is invalid, illegal or unenforceable, the parties shall negotiate in good faith to amend such provision so that, as amended, it is legal, valid and enforceable, and, to the greatest extent possible, achieves the intended commercial result of the original provision.

  • Military Leave An employee will be granted unpaid Military Leave in accordance with the Employment Standards Act. The employee will give as much notice as is reasonably possible and will provide a copy of the Military Notice when received.

  • Funding This Contract is subject to termination or cancellation, without penalty to System Agency, either in whole or in part, subject to the availability of state funds. System Agency is a state agency whose authority and appropriations are subject to actions of the Texas Legislature. If System Agency becomes subject to a legislative change, revocation of statutory authority, or lack of appropriated funds that would render either System Agency’s or Grantee’s delivery or performance under the Contract impossible or unnecessary, the Contract will be terminated or cancelled and be deemed null and void. In the event of a termination or cancellation under this Section, System Agency will not be liable to Grantee for any damages, that are caused or associated with such termination, or cancellation, and System Agency will not be required to give prior notice.

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Benefits 17.01 The Employer agrees, during the term of the Collective Agreement, to contribute towards the premium coverage of participating eligible employees in the active employ of the Employer under the insurance plans set out below subject to their respective terms and conditions including any enrolment requirements:

  • WAGES A transferring employee will be paid in accordance with the collective agreement of the designated employer.

  • UTILITIES The Landlord shall provide the following utilities and services to the Tenant: _ _. Any other utilities or services not mentioned will be the responsibility of the Tenant.

  • PARKING Throughout the Lease Term, Tenant shall have the exclusive right to use, free of charges, the number of parking spaces set forth in Section 12 of the Summary, which parking spaces constitute the entirety of the parking under the Building and the adjacent surface parking, being all of the parking in the Project. Tenant shall comply with the Parking Rules and Regulations which are in effect on the date hereof, as set forth in the attached Exhibit D and all reasonable modifications and additions thereto which are prescribed from time to time for the orderly operation and use of the Parking Areas by Landlord, and/or Landlord’s Parking Operator (as defined below); provided that such modifications or alterations do not effect Tenant’s use of or access to the Parking Areas. Landlord specifically reserve the right to change the size, configuration, design, layout, of the Parking Areas, and Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily close-off or restrict access to the Parking Areas, so long as Tenant retains access to the number of parking spaces set forth in Section 12 of the Summary. Landlord may delegate its responsibilities hereunder to a parking operator (the “Parking Operator”) in which case the Parking Operator shall have all the rights of control attributed hereby to Landlord. Any parking tax or other charges imposed by governmental authorities in connection with the use of such parking shall be paid directly by Tenant or the parking users, or, if directly imposed against Landlord, Tenant shall reimburse Landlord for all such taxes and/or charges within thirty (30) days after Landlord’s demand therefor. The parking rights provided to Tenant pursuant to this Article 23 are provided solely for use by Tenant’s own personnel visitors and invitees and such rights may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord’s prior approval, except in connection with an assignment of this Lease or sublease of the Premises made in accordance with Article 14 above.

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