Phase 1 Property Sample Clauses

Phase 1 Property. The following provisions shall apply to Phase 1 Property.
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Phase 1 Property. Phase 1 and the Phase 1 Property shall remain at 212.14 gross acres and the Phase 1 Purchase Price shall remain as Ninety-One Million Fifty-Five Thousand Two Hundred Twenty-Seven and No/100 ($91,055,227.00). At the Phase 1 Closing, Buyer shall pay cash in an amount equal to (i) the Phase 1 Purchase Price, (ii) the Phase 1 Construction Exaction Amount, and (iii) all of the applicable Buyer’s Closing Costs for the Phase 1 Property (and otherwise sufficient to close the transaction contemplated herein), as contemplated in the Purchase Agreement.
Phase 1 Property. Each of parties hereto acknowledge and agree that as a result of the Phase 1 Transactions, fee title to the Phase 1 Property is vested in SVC, as to an undivided 3,751,200/5,751,200 interest, and the County, as to an undivided 2,000,000/5,751,200 interest, subject to terms and conditions of, and any reserved rights of the Phase 1 Funding Sources with respect to the Phase 1 Property under, the following Phase 1 Grant Agreements: (i.) That certain Xxxxx Xxxxxxxxx Xx. XX 0000XX, dated June 19, 2002 by and between SVC and WCB (the “WCB Phase 1 Grant Agreement”), pursuant to which WCB: (a) funded a $2,000,000 grant to SVC as part of SVC’s Phase 1 Acquisition Funds; and (b) caused a memorandum of the WCB Phase 1 Grant Agreement to be recorded on the Phase 1-A Acquisition Date in the Official Records of Sacramento County, California, as Document No. 20021009, page 1594. (ii.) That certain Grant Agreement No. ERP-02-P49, dated May 7, 2003 by and between SVC and the CALFED (the “CALFED Grant Agreement”), pursuant to which CALFED: (a) funded the $800,000 CALFED Grant; and (b) caused a memorandum of the CALFED Grant Agreement to be recorded on the Phase 1-B Acquisition Date in the Official Records of Sacramento County, California, as Document No. 200308014, page 1849. (iii.) That certain Grant Agreement No. 02FG200085, dated August 22, 2002 by and between the United States Department of Interior, Bureau of Reclamation (“USBR”) and SVC, pursuant to which USBR funded a $450,000 grant to SVC as part of SVC’s First Phase Acquisition Funds. (iv.) That certain Grant Agreement No. 03-13-13, dated July 18, 2002 by and between the State of California Department of Transportation (“Caltrans”) and SVC (the “Caltrans Grant Agreement”), pursuant to which Caltrans: (a) funded a $500,000 grant to SVC as part of SVC’s Phase 1 Acquisition Funds; and (b) pursuant to the Caltrans Grant Agreement, caused an Agreement Declaring Restrictive Covenants to be recorded on the Phase 1 Acquisition Date in the Official Records of Sacramento County, California, as Document No. 20021009, page 1593.

Related to Phase 1 Property

  • B8 Property Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Development of the Property Except as modified by this Agreement, the Development and the Property will be developed in accordance with all applicable local, state, and federal regulations, including but not limited to the City’s ordinances and the zoning regulations applicable to the Property, and such amendments to City ordinances and regulations that that may be applied to the Development and the Property under Chapter 245, Texas Local Government Code, and good engineering practices (the “Applicable Regulations”). If there is a conflict between the Applicable Regulations and the Development Standards, the Development Standards shall control.

  • The Property The Landlord agrees to lease the described property below to the Tenant: (enter the property information) Mailing Address: [PROPERTY MAILING ADDRESS] Residence Type: ☐ Apartment ☐ House ☐ Condo ☐ Other: [OTHER] Bedroom(s): [# OF BEDROOMS] Bathroom(s): [# OF BATHROOMS] The aforementioned property shall be leased wholly by the Tenant (“Premises”).

  • The Properties Attached hereto as Schedule I is the description of certain Land (the "Subject Property"). Effective upon the execution and delivery of this Lease Supplement by Lessor and Lessee, such Land, together with any Building and other improvements thereon or which thereafter may be constructed thereon shall be subject to the terms and provisions of the Lease and Lessor hereby grants, conveys, transfers and assigns to the Related Lessee those interests, rights, titles, estates, powers and privileges provided for in the Lease with respect to the Subject Property.

  • Phase I In Phase I, the project will be connected as a tap to the Transmission Owner’s 230kV transmission line MWP-2 via one 230kV circuit breaker in series with one of two ring bus breakers for stuck breaker protection (one in each direction) and a tie-line breaker, as shown on the one-line diagram labeled CL-E-IA-01 attached to this Appendix A as Figure 1. The changes to the existing MWP-2 line protection for this arrangement are described in Phase I System Upgrades in Section II of this Appendix A.

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Phase II A small portion of the work for the Phase II modifications to the Plattsburgh Substation will be performed by Transmission Owner, and the remainder will be performed by Clinton and Xxxxxxxxx. A detailed definition of the specific scope for Transmission Owner and Clinton and Xxxxxxxxx including interface points shall be defined during the design phase and, as such documents become available, copies will be delivered to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The full scope includes the installation of wave traps, CCVT’s and modifications and/or additions to relaying on the MWP-1 and MWP- 2 lines. These lines will be reconfigured at the completion of Phase II to connect to Xxxxx and Xxxxxxx Substations on MWP-1 and the Xxxx Substation on MWP-2. Clinton and Xxxxxxxxx will design the upgrades and purchase the materials based on the outline specification that was prepared and issued by Transmission Owner. The work to be performed by Clinton and Xxxxxxxxx will include both the materials for the exterior and interior installations and items for Transmission Owner installation inside the control building in existing relay panels and communication racks. In addition, Clinton and Xxxxxxxxx will be responsible for the exterior and interior construction work and will provide construction management services in coordination with Transmission Owner. The civil design for the foundations and the electrical design for the cable runs to the control room will be designed by, as approved by Transmission Owner, and installed under the supervision and control of Clinton and Xxxxxxxxx. The equipment will be selected and procured in accordance with the specifications developed during the detailed engineering phase, copies of which shall be furnished to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The construction of the foundations, structures, wave traps, CCTV and cable runs into the control building to the termination cabinets will be completed by Clinton and Xxxxxxxxx. The work at the Plattsburgh Substation will be installed under Transmission Owner’s CPP-1. Transmission Owner will provide Protection and Controls Engineering, install and terminate wiring from the termination cabinets to the control panels and relays, install relays and equipment in the existing panels, and will commission such work inside the 230kV control building. Transmission Owner will develop the communications protocols and data flow over the circuits.

  • PHASE is a distinct portion of the Work to be provided under this Agreement, as specified in the Statement Of Work.

  • Project Site The “Project Site” is the place where the Work is being carried on.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, that includes the allocation of individual dwelling units to the holders of the Cooperative Shares of the Cooperative Corporation.

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