Phase I Property Sample Clauses

Phase I Property. The Purchase Price for Lot 1 shall be One Million Seven Hundred Sixty-Three Thousand Seven Hundred Twenty Dollars ($1,763,720.00) (the “Lot 1 Purchase Price”); the Purchase Price for Lot 2 shall be Two Million Nine Hundred Thirty- Nine Thousand Nine Hundred Fifty Dollars ($2,939,950.00) (the “Lot 2 Purchase Price”); the Purchase Price for Lot 3 shall be Four Hundred Thirty-One Thousand Four Hundred Sixty-Five Dollars ($431,465.00) (the “Lot 3 Purchase Price”); the Purchase Price for Lot 4 shall be Eight Hundred Sixty-Five Thousand Three Hundred Five Dollars ($865,305.00) (the “Lot 4 Purchase Price”), and the Purchase Price for Lot 5 shall be an amount equal to the actual purchase price and costs paid by Seller to acquire the Intermarket Property, including all closing costs paid by Seller and all xxxxxxx money and costs under the Intermarket Contract in the closing of the acquisition of the Intermarket Property (the “Lot 5 Purchase Price”). Provided the First Closing (i.e., the closing on the sale of Lot 5 by Seller) occurs on the First Closing Date as set forth in Section 11(a)(i), it is anticipated that the Purchase Price for Lot 5 will be One Million Seven Hundred Ninety-Two Thousand Five Hundred Dollars $1,792,500.00) (the “Lot 5 Purchase Price”); if, on the other hand, the First Closing is for any reason whatsoever extended into December 2015, it is anticipated that the Lot 5 Purchase Price shall be One Million Seven Hundred Ninety-Seven Thousand Five Hundred Dollars ($1,797,500.00). Upon Seller’s acquisition of the Intermarket Property , Buyer shall be reimbursed any xxxxxxx money or other sums paid to the seller of the Intermarket Property.
Sample 1
AutoNDA by SimpleDocs
Phase I Property. Owner understands and acknowledges that the proposed development of the Phase I Property shall be subject to the payment of Impact Fees and Owner agrees to pay said Impact Fees if development occurs.
Sample 1

Related to Phase I Property

  • B8 Property B8.1 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.

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

  • 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.

  • THE PROPERTY The Landlord agrees to lease the described property below to the Tenant: (enter the property information)

  • PROPERTY IMPROVEMENTS Improvements placed on National Forest System land at the direction of either of the parties, shall thereupon become property of the United States, and shall be subject to the same regulations and administration of the Forest Service as other National Forest improvements of a similar nature. No part of this instrument shall entitle the cooperator to any share or interest in the project other than the right to use and enjoy the same under the existing regulations of the Forest Service.

  • 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.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

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

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