Phase 2 Property Sample Clauses

Phase 2 Property. The Phase 2 Property shall mean the real property depicted as “Parcel Q-5-3 HPBB1, LLC 4.10 acres” on that certain Final Subdivision Plat prepared by Xxxxxx & Xxxxxx dated June 28, 2016 and recorded on October 11, 2016 in the Register of Deeds for Berkeley County, South Carolina in Plat Cabinet S at Page 250i, unless otherwise agreed in writing by Landlord and Tenant.
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Phase 2 Property. “Phase 2 Property” as used in this Lease is defined as that certain portion of the Land sold or transferred for Phase 2 to Tenant, Landlord, or an Affiliate of Landlord, as the case may be, as set forth on the Site Plan (defined below).
Phase 2 Property. The provisions of paragraph 5(a)(i) through (vi) shall apply to the Phase 2 Property, except that (i) any reference toPhase 1” shall be to “Phase 2”; (ii) the “Phase 2 Commitment” shall be issued within 30 days after the completion of the subdivision for the Phase 2 Property, (iii) the amount of the title insurance policy for the Phase 2 Property shall be an amount agreed to by the parties, (iv) the “Phase 2 Due Dilgence Period” shall end immediately prior to the Phase 2 Closing, and (v) if the Agreement is terminated under paragraph 5(a)(vi) with respect to the Phase 2 Property, the Agreement shall be deemed null and void with respect to the Phase 2 Property and the Phase 2 Closing only.
Phase 2 Property. Except as otherwise provided herein, the parties hereto acknowledge and agree that, conditioned and effective upon the Second Acquisition Date: (i.) State Parks shall be the sole owner of the State Parks Fee Property; and (ii.) Fee title to the Phase 2 Remainder Property shall be vested in SVC, as to an undivided 2,050,124/3,750,124 interest, and the County, as to an undivided 1,700,000/3,750,124 interest, subject to terms and conditions of, and any reserved rights of WCB with respect to the Phase 2 Remainder Property under that certain Grant Agreement No. WC-2075WG, dated February 14, 2003 by and between SVC and WCB, pursuant to which WCB shall: (a) fund a $2,000,000 grant to SVC as part of SVC’s Phase 2 Acquisition Funds; and (b) cause a memorandum of such grant agreement to be recorded on the Phase 2 Acquisition Date in the Official Records of Sacramento County, California. The parties hereto further acknowledge and agree that this MOU shall not be recorded in the Official Records of Sacramento County, California, without the prior written consent of State Parks. Notwithstanding the foregoing, State Parks and each other party hereto agree that a memorandum of this MOU may be recorded in the Official Records of Sacramento County, California, provided that such memorandum does not include a description of, or reference to, State Parks or the State Parks Fee Property. In the event that the close of escrow for the acquisition of the Phase 2 Property as contemplated in Paragraph 1.D. above (the “Phase 2 Closing”) fails to occur, then the parties shall take such actions and execute such instructions as may be reasonable and necessary to cause the escrow holder to return all documents and funds deposited into escrow by the parties in connection with the Phase 2 Closing to be promptly returned to the depositing parties, and SVC shall promptly return, or cause to be returned, to the respective Phase 2 Funding Sources all Phase 2 Acquisition Funds.

Related to Phase 2 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”).

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.

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