Project Construction and Operation Sample Clauses

Project Construction and Operation. The Company agrees to construct the Projects on the Property. Furthermore, the Company agrees to invest not less than $20,000,000 into capital improvements for the Projects, including construction work and other furnishings. The Company has submitted a detailed site plan (the “Site Plan”) for the development of the Projects to the City. The Site Plan is attached hereto as Exhibit B. The Company agrees to complete the Remodel Project by no later than December 31, 2022. The Company agrees complete the New Building Project by no later than December 31, 2023. The Company agrees to ensure that the completed Projects are being used in its business operations throughout the Term, as hereinafter defined, of this Agreement (the “Business Operations Requirement”). The Company further agrees to maintain, preserve, and keep the Property, including but not limited to the Projects, useful and in good repair and working order, ordinary wear and tear excepted, and from time to time will make all necessary repairs, replacements, renewals, and additions. Further, the Company agrees to maintain compliance with local zoning, land use, building and safety codes and regulations.
Sample 1
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Project Construction and Operation. The Company agrees to construct the Project on the Property. Furthermore, the Company agrees to invest not less than $12,000,000 into capital improvements for the Project, including construction work and other furnishings. The Company has submitted a detailed site plan (the “Site Plan”) for the development of the Project to the City. The Site Plan is attached hereto as Exhibit B. It is anticipated that the Company will construct the project in two phases. The Company agrees to complete the first phase of the Project by no later than December 31, 2022. The Company agrees complete the second phase of the Project by no later than December 31, 2024. The Company agrees to ensure that the completed Project is used in its business operations throughout the Term, as hereinafter defined, of this Agreement (the “Business Operations Requirement”). It is anticipated that the Company will create at least twenty (20) new jobs upon completion of the first phase of the Project, and it is further anticipated that the Company will create an additional twenty (20) new jobs upon completion of the second phase of the Project. The Company further agrees to maintain, preserve, and keep the Property, including but not limited to the Project, useful and in good repair and working order, ordinary wear and tear excepted, and from time to time will make all necessary repairs, replacements, renewals, and additions. Further, the Company agrees to maintain compliance with local zoning, land use, building and safety codes and regulations.
Sample 1
Project Construction and Operation. The Developer agrees to cause the construction of the Project on the Property. The Developer agrees to (i) approve a final design of the Project; (ii) enter into a contract for the construction of the Project; and (iii) and cause commencement of construction of the Project on the Property by July 1, 2023 (the “Initial Grant Disbursement Prerequisite Requirements”). Further, subject to any Unavoidable Delays, the Developer agrees to (i) complete construction of the Project; and (ii) obtain a certificate of occupancy from the City for the Project by no later than July 1, 2024 (the “Second Grant Disbursement Prerequisite Requirements”). For purposes of this Agreement the term “Unavoidable Delays” means delays resulting from acts or occurrences outside the reasonable control of Developer, including but not limited to storms, floods, fires, explosions, or other casualty losses, unusual weather conditions, strikes, boycotts, lockouts, or other labor disputes, delays in transportation or delivery of material or equipment, litigation commenced by third parties, pandemics, or the acts of any federal, State, or local governmental unit. Upon completion of the Project, the Developer agrees to continuously operate (the “Operational Requirement”) the Events Center on the Property throughout the Term (as hereinafter defined). Further, the Developer agrees to maintain, preserve, and keep the Property, including but not limited to the Events Center, useful and in good repair and working order, ordinary wear and tear excepted, and from time to time will make all necessary repairs, replacements, renewals, and additions.
Sample 1
Project Construction and Operation. The Bank agrees to construct the Project on the Property and to maintain and use the completed Project as part of its business operations throughout the Term, as hereinafter defined. The Bank agrees to invest not less than $3,000,000.00 into capital improvements for the Project. The Bank has submitted a detailed site plan (the “Site Plan”) for the development of the Project to the City which was approved on June 25th, 2018 and is set forth as Exhibit B hereto. The Bank agrees to construct the Project in accordance with the Site Plan and to substantially complete such construction by no later than December 31, 2019 (the “Completion Date”).
Sample 1
Project Construction and Operation. The Company agrees to construct the Projects on the Property. Furthermore, the Company agrees to invest not less than $20,000,000 into capital improvements for the Projects, including construction work and other furnishings. The Company agrees to submit a detailed site plan (the “Site Plan”) for the development of the Projects to the City. Upon its approval by the City, the Site Plan shall be attached hereto as Exhibit B.. The Company agrees to complete the Remodel Project by no later than December 31, 2022. The Company agrees complete the New Building Project by no later than December 31, 2024. The Company agrees to ensure that the completed Projects are being used in its business operations throughout the Term, as hereinafter defined, of this Agreement (the “Business Operations Requirement”). The Company further agrees to maintain, preserve, and keep the Property, including but not limited to the Projects, useful and in good repair and working order, ordinary wear and tear excepted, and from time to time will make all necessary repairs, replacements, renewals, and additions. Further, the Company agrees to maintain compliance with local zoning, land use, building and safety codes and regulations.
Sample 1
Project Construction and Operation. The Company agrees to construct the Project on the Property and to maintain and use the completed Project as part of its business operations throughout the Term, as hereinafter defined. Furthermore, the Company agrees to invest not less than $ into capital improvements for the Project, including construction work and equipment acquisition. The Company will submit a detailed site plan (the “Site Plan”) for the development of the Property to the City for review and approval. The Site Plan will be attached hereto as Exhibit B upon approval by the City Council. The Company agrees to construct the Project in accordance with the Site Plan and to substantially complete such construction by no later than , 2019.
Sample 1
Project Construction and Operation. The Company agrees to construct the Project on the Property. Furthermore, the Company agrees to invest not less than $12,000,000 into capital improvements for the Project, including construction work and other furnishings. The Company has submitted a detailed site plan (the “Site Plan”) for the development of the Project to the City. The Site Plan is attached hereto as Exhibit B. The Company has constructed the Phase 1 Project. The Company agrees complete the Phase 2 Project by no later than December 31, 2025. The Company agrees to ensure that the completed Project is used in its business operations throughout the Term, as hereinafter defined, of this Agreement (the “Business Operations Requirement”). It is anticipated that the Company will create at least twenty (20) new jobs upon completion of the Phase 1 Project, and it is further anticipated that the Company will create an additional twenty (20) new jobs upon completion of the Phase 2 Project. The Company further agrees to maintain, preserve, and keep the Property, including but not limited to the Project, useful and in good repair and working order, ordinary wear and tear excepted, and from time to time will make all necessary repairs, replacements, renewals, and additions. Further, the Company agrees to maintain compliance with local zoning, land use, building and safety codes and regulations.
Sample 1
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Related to Project Construction and Operation

  • Project Construction The Contractor agrees to provide continuous on-site supervision on each Job Order, while progress on the project is being accomplished. The Contractor’s Project Manager will ensure:

  • Application and Operation Subject Matter Clause No.

  • PRE-CONSTRUCTION PHASE SERVICES The Pre-Construction Phase shall be deemed to commence upon the date specified in a written Notice to Proceed with Pre-Construction Phase Services issued by Owner and shall continue through completion of the Construction Documents and procurement of all major Subcontractor agreements. Contractor is not entitled to reimbursement for any costs incurred for Pre-Construction Phase Services performed before issuance of the written Notice to Proceed. Pre-Construction Phase Services may overlap Construction Phase Services. Contractor shall perform the following Pre-Construction Phase Services:

  • Maintenance and Operation Member-Generator agrees to maintain their system and facilities in accordance with applicable manufacturer's recommended maintenance schedule and standard prudent engineering practices. Member-Generator covenants and agrees to operate their system, facilities and equipment so as to minimize the likelihood for a malfunction or other disturbance, damaging or otherwise affecting or impairing Cooperative’s electrical system. Member-Generator shall comply with all applicable laws, regulations, zoning, building codes, safety rules and other environmental regulations or restrictions applicable to the design, installation, operation and maintenance of the Member-Generator's System. Member-Generator must, at least once every year, conduct a test to confirm that Member-Generator’s System automatically ceases to energize the output (interconnection equipment output voltage goes to zero) within two (2) seconds of being disconnected from Cooperative’s electrical system. Disconnecting the Member-Generator’s System from Cooperative’s electrical system at the visible disconnect switch and measuring the time required for the unit to cease to energize the output shall satisfy this test. Member-Generator shall maintain a record of the results of these tests and, upon request by Cooperative, shall provide a copy of the test results to Cooperative. If Member-Generator is unable to provide a copy of the test results upon request, Cooperative shall notify Member- Generator by mail that Member-Generator has thirty (30) days from the date Member-Generator receives the request to provide Cooperative with the results of a test. If Member-Generator does not provide Cooperative with the test results within the thirty (30) day time period or if the test results provided to Cooperative show that Member-Generator’s net metering unit is not functioning correctly, Cooperative may immediately disconnect Member-Generator’s System from Cooperative’s electrical system. If Member-Generator’s equipment ever fails this test, Member-Generator shall immediately disconnect Member-Generator’s System from Cooperative's electrical system. Member-Generator’s System shall not be reconnected to Cooperative's electrical system by the Member-Generator until Member-Generator’s System is repaired and operating in a normal and safe manner. Cooperative shall have the right to have a representative present and informed when any such tests are conducted. Cooperative does not warrant the testing procedures or results by the presence of its representative. Member-Generator is responsible for protecting their equipment from transient high voltage spikes caused by lightning and/or transient low voltage conditions caused by faults or short circuits, and from any other causes or events. Therefore, Cooperative shall not be responsible for damage to Member-Generator’s equipment allegedly caused by transient high voltage spikes caused by lightning and/or transient low voltage conditions caused by faults or short circuits or other causes or events. Member-Generator agrees to notify Cooperative no less than thirty (30) days prior to modification of the components or design of the Member-Generator’s System that in any way may degrade or significantly alter the System’s output characteristics. Member-Generator acknowledges that any such modifications will require submission of a new Application and Agreement to Cooperative.

  • Project Construction Budget The project construction cost allowance specifically stated in writing as the ‘revised’ or ‘current’ ‘Project Construction Budget’ by the Trustees at each applicable phase of plan development.

  • BUILDER’S RISK FOR CONSTRUCTION RENOVATION PROJECTS If the project is CONSTRUCTION RENOVATION of an existing structure, and the State has already determined that Contractor will not be obligated to obtain and maintain Builder’s Risk insurance, then the following provisions apply:

  • Contract Construction 6.27.1 The parties acknowledge that each party and its counsel have reviewed this CONTRACT and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this CONTRACT or any amendment or exhibits hereto.

  • Post-Construction Phase A. Upon written authorization from Owner during the Post-Construction Phase, Engineer shall:

  • Special Construction If, after an order is placed, Xxxxxxx finds that third-party special construction services are needed to build, configure or install any additional facilities and/or equipment necessary for Verizon to provide Access service, Verizon will notify the Customer of any such special construction charges. If Customer does not accept the special construction charges, Customer may terminate the order(s) affected by the special construction charges, with no cancellation fee(s).

  • Routine Maintenance, Construction, and Repair The NYISO or Connecting Transmission Owner may interrupt interconnection service or curtail the output of the Small Generating Facility and temporarily disconnect the Small Generating Facility from the New York State Transmission System or Distribution System when necessary for routine maintenance, construction, and repairs on the New York State Transmission System or Distribution System. The NYISO or the Connecting Transmission Owner shall provide the Interconnection Customer with five Business Days notice prior to such interruption. The NYISO and Connecting Transmission Owner shall use Reasonable Efforts to coordinate such reduction or temporary disconnection with the Interconnection Customer.

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