Project Planning Period Sample Clauses

Project Planning Period. 4.1. The twenty (20) year repayment term for Loan A will become the planning period for PAWSD and SJWCD to develop the Project (“Planning Period”). 4.2. At the end of the twenty (20) year Planning Period, or twenty (20) years from the date that the contract for Loan B is signed, the PAWSD, after consultation with the CWCB and the SJWCD, may elect to extend the Project planning period an additional one (1) to twenty (20) years (“Extended Planning Period”) or may elect to abandon the Project. 4.2.1. If the PAWSD elects to extend the Planning Period, it shall begin annual payments on the principal and interest for Loan B pursuant to the terms of the contract for Loan B. 4.2.2. The PAWSD may decide to abandon the Project and sell the Running Iron Ranch pursuant to the terms of Paragraph 5 below. 4.3. At the end of the Planning Period, if the Project is not constructed, the PAWSD must provide the CWCB and SJWCD with written notice pursuant to the provisions herein of the PAWSD’s decision either to extend the Planning Period or abandon the Project and sell the Running Iron Ranch. 4.4. Use of Project water and water court diligence proceedings: 4.4.1. The Parties agree that it is in all Parties’ best interests to protect the conditional water rights associated with the Project and each Party agrees to cooperate with the others to accomplish this goal. 4.4.2. The Parties’ cooperation includes, but is not limited to: 4.4.2.1. PAWSD agrees to acknowledge the Project and its attendant conditional water rights as a preferred option for its long term planning; 4.4.2.2. PAWSD agrees to include the Project and its attendant conditional water rights in the PAWSD’s planning documents as a principal storage option for future water demand growth that cannot be met by existing reservoirs; 4.4.2.3. PAWSD commits to an ongoing evaluation of future water purchases from the Project based on long-term demand projections, an evaluation of costs, and viable alternative sources of existing water; 4.4.2.4. PAWSD commits that any future water demands will first be met by the Project, unless those demands can be met with existing sources; 4.4.2.5. PAWSD further commits to making no infrastructure changes which would convey water appropriated under the set of West Fork water rights known as Pagosa Pipeline 3, 8 and 10 to any District 1 ditches, pipelines or reservoirs; and 4.4.2.6. PAWSD and SJWCD agree to file joint applications for finding of reasonable diligence for the Project’s cond...
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Related to Project Planning Period

  • Project Planning GOVERNMENTAL APPROVALS; ENVIRONMENTAL COMPLIANCE; PUBLIC INFORMATION 30 4.1 Planning and Engineering Activities 30 4.2 Site Conditions 30 4.3 Governmental Approvals 30 4.4 Environmental Compliance 34 4.5 Community Outreach and Public Information 35

  • Planning Period All observations must be conducted openly and with full knowledge of the employee.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Development Period The Contractor may commence pre-construction activities like utility shifting, boundary wall construction or any other activity assigned to the Contractor by the Authority to enable construction of the Project Highway immediately after signing of the Agreement, to the extent that such work is ready for execution. The Parties agree that these works may be taken up and completed to the extent feasible by the Contractor, before declaration of the Appointed Date, but no claim against the Authority for delay shall survive during this period and that the undertaking of these works by the Contractor shall not count towards the Scheduled Construction Period of the project which starts counting only from the Appointed Date. No construction activity of the Project Highway shall be undertaken during the development period.

  • Multi-year Planning Targets Schedule A may reflect an allocation for the first Funding Year of this Agreement as well as planning targets for up to two additional years, consistent with the term of this Agreement. In such an event, the HSP acknowledges that if it is provided with planning targets, these targets: a. are targets only, b. are provided solely for the purposes of planning, c. are subject to confirmation, and d. may be changed at the discretion of the Funder in consultation with the HSP. The HSP will proactively manage the risks associated with multi-year planning and the potential changes to the planning targets; and the Funder agrees that it will communicate any changes to the planning targets as soon as reasonably possible.

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Concession Area, including its abandonment.

  • Development Work The Support Standards do not include development work either (i) on software not licensed from CentralSquare or (ii) development work for enhancements or features that are outside the documented functionality of the Solutions, except such work as may be specifically purchased and outlined in Exhibit 1. CentralSquare retains all Intellectual Property Rights in development work performed and Customer may request consulting and development work from CentralSquare as a separate billable service.

  • Project Work Plan The Statement of Work is the formal document incorporated into the Grant. The Project Work Plan documents how the Grantee will achieve the performance measures outlined in the Grant. Changes to the Statement of Work require an amendment. Project Work Plans may be changed with written approval from PEI and the Grantee.

  • Procurement Planning Prior to the issuance of any invitations to bid for contracts, the proposed procurement plan for the Project shall be furnished to the Association for its review and approval, in accordance with the provisions of paragraph 1 of Appendix 1 to the Guidelines. Procurement of all goods and works shall be undertaken in accordance with such procurement plan as shall have been approved by the Association, and with the provisions of said paragraph 1.

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