PROJECT IDENTIFICATION AND APPROVAL a) Alberta will provide to Canada an initial Project List to be funded under the PTIF and an initial Project List to be funded under CWWF subject to the provisions in Schedule A (Program Details) upon signature of the Agreement for Canada’s approval.
PROJECT IDENTIFICATION AND APPROVAL a) British Columbia will provide to Canada an initial Project List to be funded under the PTIF subject to the provisions in Schedule A (Program Details) upon signature of the Agreement for Canada’s approval.
PROJECT IDENTIFICATION AND APPROVAL a) New Brunswick will manage the identification and selection of potential projects in accordance with Schedule B (Eligible Project Categories).
PROJECT IDENTIFICATION AND APPROVAL. . . . . 2 ----------------------------------- 4.2 Site Acquisition . . . . . . . . . . . . . . . . . 3 ---------------- 4.3 Development of Approved Projects . . . . . . . . . 4 -------------------------------- 4.4 Lease of Approved Projects . . . . . . . . . . . . 4 -------------------------- 4.5 Expenses . . . . . . . . . . . . . . . . . . . . . 5 -------- 4.6 Opinion of Counsel . . . . . . . . . . . . . . . . 5 ------------------ 4.7 Guaranties . . . . . . . . . . . . . . . . . . . . 5 ---------- 4.8 Option to Sell . . . . . . . . . . . . . . . . . . 5 -------------- 4.9 Closing of Transfer of Project Site . . . . . . . . 5 -----------------------------------
PROJECT IDENTIFICATION AND APPROVAL. As soon as ----------------------------------- reasonably practicable after the date hereof, Developer shall identify up to four proposed Projects (the "Proposed Projects"), and shall submit to Capstone a plan for each of the Proposed Projects, which plan (the "Improvement Plan") shall include (i) all plans, specifications, drawings, details and proforma budgets necessary or appropriate for the construction, development, use and operation of an assisted and independent living facility containing up to approximately 150 units and approximately 130,000 gross square feet depending upon the number of units, (ii) site analysis and description for the acquisition of the real estate necessary or appropriate in connection with such assisted and independent living facility, (iii) analysis and description for the acquisition and installation of all personal property necessary or appropriate for the use and operation of the assisted and independent living facility, (iv) preliminary estimates by Developer for the Real Estate Acquisition Amount necessary or appropriate in connection with the Proposed Project, and (v) and all other items that Capstone may reasonably request in connection with the acquisition, construction, development and operation of the Proposed Project. Capstone shall approve or disapprove each Improvement Plan within 30 days after receipt of the last of the foregoing items; provided that Capstone shall use its best efforts to identify objections to the Improvement Plan as the various items are received from Developer and shall provide Developer with written notice of the same within ten days after identifying any such objections. Each Improvement Plan is subject to approval by Capstone and may be amended, modified or supplemented by Developer with Capstone's approval (such approved Improvement Plan, as from time to time amended, modified or supplemented with Capstone's approval, the "Approved Development Plan"). Each Approved Development Plan may include a lease-up allocation of up to $450,000.00 and a contingency amount and a developer's fee of up to five percent each of the total estimated hard costs of construction of the Approved Project. Each Approved Development Plan shall include reasonable estimates by Capstone of the Real Estate Acquisition Amount for such Approved Project, together with a line item budget (the "Approved Budget") for such Approved Project with respect to which Capstone has agreed to fund construction advances pursuant to th...
PROJECT IDENTIFICATION AND APPROVAL a) Quebec agrees to manage the identification and selection of projects that it will submit to Canada as an initial Project List to be funded under the PTIF and the CWWF with the applicable information mentioned in Section 8.1 c) and subject to the provisions of Schedule A (Program Details), for review of their compliance with the Agreement upon signature of the Agreement for Canada’s approval.
