Preparation and Approval of Plans. 2.01. The Subtenant Work shall be performed in accordance with the provisions of this Exhibit C. Upon Subtenant’s request, Sublandlord will furnish Subtenant a copy of any building plans and any “as built” plans and drawings pertaining to the Subleased Premises that are in Sublandlord’s possession or control to assist Subtenant in preparing the Plans. Sublandlord does not warrant the accuracy of such building plans, and Sublandlord shall not have any liability to Subtenant, or anyone claiming through Subtenant, as a result of any use of such building plans. Subtenant shall perform a field verification to independently determine the specifications and dimensions of the Subleased Premises.
2.02. Within ten (10) business days after Sublandlord’s receipt of the Plans or other information requiring Sublandlord’s approval pursuant to this Exhibit C, Sublandlord shall provide Subtenant with Sublandlord’s notice of approval or disapproval of the same. Any notice of disapproval delivered by Sublandlord to Subtenant shall set forth with reasonable particularity the reasons for such disapproval. Xxxxxx X. Xxx shall manage the construction process on behalf of Subtenant. Subtenant shall reimburse Sublandlord for (i) any amounts charged to Sublandlord or due from Sublandlord under the Prime Lease in connection with the Subtenant Work, and (ii) any and all other out of pocket expenses incurred by Sublandlord (including, without limitation, the fees and costs of engineers, consultants, and attorneys) in connection with the Subtenant Work.
2.03. Subtenant shall complete the Subtenant Work in accordance with the Plans which have been approved by Sublandlord. If Subtenant desires to install or construct any Subtenant Work other than in accordance with final working and final shop drawings that Sublandlord has approved, each such proposed change must receive the prior written approval of Sublandlord (which approval shall not be unreasonably withheld, conditioned or delayed, and with respect to which Sublandlord shall provide Subtenant written notice of approval or disapproval within ten (10) business days of Sublandlord’s receipt of Subtenant’s written request for approval), and in the event of Sublandlord’s approval of any proposed change to final working or final shop drawings, Subtenant, upon completion of the installation and construction of the Subtenant Work to which such change pertains, shall furnish Sublandlord with accurate “as built” plans and drawings of such Sub...
Preparation and Approval of Plans. The General Partner shall prepare and deliver to the Executive Committee for its approval or disapproval a proposed annual plan for the next fiscal year of the Partnership (as further described below, a “Proposed Plan”). The Proposed Plan shall cover the Partnership and each Qualified Asset and shall include:
(i) a proposed Annual Budget covering the Partnership and each Qualified Asset and a brief narrative description of the material portions thereof;
(ii) a plan of operations for each Qualified Asset, including anticipated repairs and improvements;
(iii) estimated financing needs and estimated financing costs for the Partnership and each Qualified Asset;
(iv) estimated cash flow projections for the Partnership and each Qualified Asset;
(v) a description of tenants then in occupancy in each Qualified Asset;
(vi) a schedule of Qualified Assets, any leases which are expiring during such fiscal year and the plans for the re-leasing of such Qualified Assets and any lease restructures (such as subleasing or expansion by a tenant) of which the General Partner is aware;
(vii) projected capital improvements and capital repairs;
(viii) a description of any Proposed Qualified Assets to the extent identified, including the terms of acquisition, provided that nothing in the Proposed Plan shall affect or limit the provisions of Section 3.6 hereof; and
(ix) any other information relative to the management of the Qualified Assets or the Partnership reasonably requested by any member of the Executive Committee. The General Partner shall prepare and submit a Proposed Plan to the Executive Committee on or before November 15th of the year prior to such fiscal year. The Executive Committee shall approve or disapprove such revised Proposed Plan no later than December 15th of the year prior to the fiscal year covered by such revised Proposed Plan. Any Proposed Plan approved by the Executive Committee in accordance with Section 3.4 shall become the annual plan for the next fiscal year of the Partnership (any Proposed Plan approved by the Executive Committee for any fiscal year of the Partnership, and as may be amended from time to time by a Plan Amendment, an “Annual Plan”). A model of an Annual Plan is attached as Schedule 3.5 and made a part hereof. The General Partner, within thirty (30) days after the closing of the last to be acquired of Qualified Assumed Assets, shall submit the initial Annual Plan, covering all of the Qualified Assets held by the Partnership for the rem...
Preparation and Approval of Plans. Each Manager, with respect to the Transmission Assets for which it is responsible, shall prepare and maintain an annual maintenance plan (the “Annual Maintenance Plan”) setting out the O&M Activities to take place in each Operating Year, including required equipment outages and their durations, and where appropriate in accordance with Good Utility Practice, O&M Activities to take place in subsequent Operating Years, containing such information as may be reasonably required by the JOC. Each Manager’s proposed Annual Maintenance Plan for:
(i) the first Operating Year shall be submitted to the JOC for Approval not later than four months prior to the anticipated Commissioning date of the Transmission Assets for which the Manager is responsible; and
(ii) each subsequent Operating Year shall be submitted to the JOC for Approval during the eighth month of the then-current Operating Year.
Preparation and Approval of Plans. (1) Landlord and Tenant shall diligently pursue the preparation of the Plans in accordance with Exhibits "C-1" and "C-2", as the case may be. Failure of Tenant to provide said instructions by the dates specified in Exhibits "C-1" and "C-2", as the case may be, shall constitute a Tenant Delay.
(2) The Plans shall then be prepared in conformance with Landlord's requirements and all applicable codes, ordinances and laws, and shall specify materials and details equal to or better than Landlord's building standard. The Plans shall be subject to approval of Landlord and the government officials having jurisdiction. Landlord shall submit complete construction plans to Tenant for approval and Tenant shall approve said Plans in accordance with Exhibits "C-1" and "C-2", as the case may be. Failure of Tenant to approve the Plans in accordance with Exhibits "C-1" and "C-2", as the case may be, shall constitute a Tenant Delay.
Preparation and Approval of Plans. (a) Retention of Architect(s). Tenant shall retain the Architect(s) to prepare the plans and specifications for the Tenant Improvements, subject to Landlord's reasonable approval.
Preparation and Approval of Plans. The Manager shall prepare and deliver to the Members and the Advisor for the Members' approval or disapproval a proposed annual plan for the next fiscal year of the Company (as further described below, a "PROPOSED PLAN"). The Proposed Plan shall cover the Company, each Property and each LSL Loan and shall include: a proposed Annual Budget covering the Company, each Property and each LSL Loan and a brief narrative description of the material portions thereof; a plan of operations for each Property, including anticipated repairs and improvements; estimated financing needs and estimated financing costs; estimated cash flow projections; a description of tenants then in occupancy in each Property; a schedule of Properties, any leases which are expiring during such fiscal year and the plans for the re-leasing of such Properties and any lease restructures (such as subleasing or expansion by a tenant) of which the Manager is aware; projected capital improvements and capital repairs; a description of any Proposed Properties to the extent identified, including the terms of acquisition, provided that nothing in the Proposed Plan shall affect or limit the
Preparation and Approval of Plans. Tenant will, at Tenant’s sole cost and expense, submit to Landlord, concept plans, drawings and related specifications of the work included in Tenant’s Work prepared by a licensed architect reasonably satisfactory to Landlord. Such concept plans drawings and related specifications shall be in accordance with that certain document prepared by Landlord’s architect titled “Xxxx Works Storefront Design”, a copy of which is attached to and made a part of this Lease as Exhibit F. Tenant will submit such plans, drawings and related specifications to Landlord, for Landlord’s written approval. Landlord will notify Tenant of Landlord’s approval or disapproval thereof, as the case may be, and the reasons why, if any, that such drawings and specifications are not approved. The drawings and specifications finally approved by Landlord and Tenant are herein collectively called the “Approved Final Plans”. Thereafter, no material change will be made to the Approved Final Plans or in the construction derived therefrom without first obtaining written approval of Landlord.
Preparation and Approval of Plans. (i) By December 15, 2004, Landlord shall submit preliminary Improvement Plans for the design and construction of Landlord’s Work (the “Preliminary Improvement Plans”) to Tenant. Tenant, as promptly as is reasonably practicable following receipt of the Preliminary Improvement Plans, shall review and approve the Preliminary Improvement Plans (or deny approval in which case Tenant shall specifically and precisely state the objections Tenant has to the Preliminary Improvement Plans as well as what elements Tenant approves); however Tenant shall take no more than ten (10) days for such review.
(ii) To the extent Tenant does not approve the Preliminary Improvement Plans, Landlord and Tenant shall mutually agree, in good faith, upon the final Improvement Plans as soon as reasonably practicable following Landlord’s receipt of Tenant’s proposed revisions to the Preliminary Improvement Plans but in any event within thirty (30) days following Landlord’s delivery of the Preliminary Improvement Plans to Tenant. Without limiting the foregoing, the final Improvement Plans shall include, without limitation, improvements to the Land, Main Access Area, Building exterior and Building interior as generally described on Exhibit A attached hereto and incorporated herein. Following final approval thereof, any reference in this Agreement or the Lease to the “Improvement Plans” shall mean the final Improvement Plans.
Preparation and Approval of Plans. Landlord shall, at Landlord’s expense, cause the Project Architect to prepare the Plans. The Plans are subject to Tenant’s approval (which shall not be unreasonably withheld or delayed), and if Tenant does not approve same, Tenant shall advise Landlord in reasonable detail of the reasons for such disapproval. Tenant’s suggested revisions to the Plans shall not contradict or exceed the requirements of the Concept Plan or the Outline Specifications. Tenant shall comment on the Plans (or any component thereof submitted to Tenant) and each revision thereof within five (5) business days after receipt from Landlord. In the event that Tenant does not disapprove of the Plans (or any component thereof submitted to Tenant) within said five (5) day period, the Plans (or applicable component thereof) shall be deemed approved. Tenant may not object to any subsequent changes as may be incorporated in the Plans necessary to obtain the approval of the Village.
Preparation and Approval of Plans. Muskrat shall prepare and maintain an LTAMP setting out the Sustaining Activities to take place in each Operating Year containing such information as may be reasonably required by the JOC.
