Property Acquisition Services Sample Clauses

Property Acquisition Services. (a) Genesis shall locate prospective acquisition properties for the Company that meet the acquisition criteria established in the Prospectus; investigate the purchase terms and all material aspects and characteristics of the proposed acquisition property; negotiate with the seller the proposed acquisition terms; engage legal counsel; oversee preparation of and review the purchase documentation and monitor the closing for the purchased property to insure that all acquisition terms are satisfied and that all acquisition requirements set forth in the Prospectus have been met in all material respects. (b) The compensation to be received by Genesis shall be reasonable and shall be payable only for services actually rendered directly or indirectly and subject to the following conditions: (i) The total of all such compensation paid to everyone involved in the acquisition transaction by the Company and/or any other person shall be deemed to be presumptively reasonable if it does not exceed the lesser of such compensation customarily charged in arm's length transactions by others rendering similar circumstances as an on-going public activity in the same geographical location and for comparable property or an amount not to exceed 3 percent of the property purchase price. (ii) The limitations imposed above shall be complied with at all times. (c) Within 30 days after completion of the last acquisition, Genesis shall cause to be forwarded to the appropriate state securities commissioners, including California, a schedule, verified by a duly authorized officer under penalty of perjury, reflecting: (i) each property acquisition made; (ii) the purchase price paid; and (iii) the aggregate of all acquisition fees paid on each transaction.
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Property Acquisition Services. (a) Genesis shall be the Company's primary but not exclusive agent for identifying prospective acquisition properties ("Property") for the Company that meet the acquisition criteria established in the Prospectus; investigating the purchase terms and all material aspects and characteristics of the Property; performing due diligence on the Property, assist the Company in negotiating the acquisition terms for the Property, overseeing preparation of and reviewing the purchase documentation and monitoring the closing for the Property to insure that all acquisition terms approved by the Company are satisfied and that all acquisition requirements set forth in the Prospectus have been met in all material respects. In performing the foregoing activities, Genesis shall be subject to the direction of the Company and the Company shall have final approval of all final actions and agreements. Without limiting the foregoing, in no event shall Genesis have any authority to (a) bind the Company to any obligations with a third party; (b) to draw on or commit Company funds; (c) purchase Property in its own name, for the benefit of the Company; or (d) organize remote entities as part of Property acquisitions in which the controlling person of said entity is any one other than the Company. (b) The Compensation to be received by Genesis shall be reasonable and shall be payable only for services actually rendered directly or indirectly and subject to the following conditions: (i) The total of all such compensation paid to everyone involved in the acquisition transaction by the Company and/or any other person shall be deemed to be presumptively reasonable if it does not exceed the lesser of such compensation customarily charged in arm's length transactions by others rendering similar circumstances as an on-going public activity in the same geographical location and for comparable property or an amount not to exceed four percent (4%) of the Property's purchase price, provided that within the above cap of four percent (4%) the fee paid by the Company to Genesis for providing its acquisition services pursuant to this Agreement shall not exceed an amount equal to one percent (1%) of the Property's purchase price which shall be due and payable at closing on the purchase of the Property. (ii) All costs incurred by Genesis in connection with performing its acquisition services as provided for herein shall be borne by Genesis unless otherwise specifically agreed by the Company in writing...
Sample 1
Property Acquisition Services. Our subconsultants will provide the services of an appraiser and review appraiser as described in the Code of Federal Regulations 49CFR Part 24 “Uniform Relocation Assistance and Real Property Acquisition for Federal and Federally-assisted Programs” and the Tennessee Department of Transportation’s Right-of-Way Procedures Manual Chapter 7, 8, 9, & 10, current edition. Additionally, R&D Enterprises, Inc. will appraise the current value of the five (5) properties listed below and contact the owner in an effort to acquire the necessary property either through donation or purchase. Based on the preliminary design plans, the six (6) acquisition areas and eight (8) construction easements listed below will be acquired for use on the project. These services will be performed in accordance with the 49 CFR Part 24 and TDOT’s Right-of-Way Procedures Manual referenced above. It is assumed that the Town will provide title research and property closing services. A representative with the Town (other than the Town Attorney) will provide negotiation services for the acquisition of the subject property. The Town Attorney will close the purchases and sale of each property. These services will consist of the preparation of documents for each closing, closing for the Buyer and the seller and for a title opinion letter for each property. This service can be provided through a sub-consultant as an Additional Service if the Town Attorney cannot handle the closing of the property. Xxxxxx-Xxxx will also work with the Town of Xxxxxxxx’x Station on obtaining a license agreement through Xxxxxxxxxx County for the use of the Industrial Board land for this project. It is assumed that TDOT Right of Way will accept a license agreement for the use and maintenance of this land in lieu of an actual transfer of property. The Town will work directly with the County to obtain this agreement. Xxxxxx-Xxxx will provide an exhibit of the project for inclusion in the agreement. Xxxxxx-Xxxx will also attend one meeting with the Town and County officials to review the project and the license agreement request. Xxxxxx-Xxxx will also work with TDOT Excess Land on obtaining a license agreement for the Xxxxx Xxxxx 00 crossing TDOT Right of Way. It is assumed that TDOT will accept a license agreement for utilizing the existing box culvert crossing under State Route 31 in lieu of an actual transfer of property. Xxxxxx-Xxxx will complete the Excess Land forms and provide an exhibit of the project for inclusio...
Sample 1
Property Acquisition Services. Permanent right-of-way may be required. However, right-of-way acquisition services will be provided under a separate contract and are not included in this agreement. Title research does not include an owner's policy as would be issued by a Title Insurance Company.
Sample 1

Related to Property Acquisition Services

  • Property Acquisitions System Agency funds must not be used to purchase buildings or real property. Any costs related to the initial acquisition of the buildings or real property are not allowable.

  • Acquisition Services (i) Serve as the Company’s investment and financial advisor and provide relevant market research and economic and statistical data in connection with the Company’s assets and investment objectives and policies; (ii) Subject to Section 4 hereof and the investment objectives and policies of the Company: (a) locate, analyze and select potential investments; (b) structure and negotiate the terms and conditions of transactions pursuant to which investments in Properties, Loans and other Permitted Investments will be made; (c) acquire, originate and dispose of Properties, Loans and other Permitted Investments on behalf of the Company; (d) arrange for financing and refinancing and make other changes in the asset or capital structure of investments in Properties, Loans and other Permitted Investments; and (e) enter into leases, service contracts and other agreements for Properties, Loans and other Permitted Investments; (iii) Perform due diligence on prospective investments and create due diligence reports summarizing the results of such work; (iv) Prepare reports regarding prospective investments that include recommendations and supporting documentation necessary for the Directors to evaluate the proposed investments; (v) Obtain reports (which may be prepared by the Advisor or its Affiliates), where appropriate, concerning the value of contemplated investments of the Company; (vi) Deliver to or maintain on behalf of the Company copies of all appraisals obtained in connection with the Company’s investments; and (vii) Negotiate and execute approved investments and other transactions, including prepayments, maturities, workouts and other settlements of Loans and other Permitted Investments.

  • Disposition Services The Manager shall: (i) evaluate and approve potential asset dispositions, sales, or liquidity transactions; and (ii) structure and negotiate the terms and conditions of transactions pursuant to which the assets of the Company may be sold.

  • Construction Services 4,500 thousand SDR for Japan Post in Group A 15,000 thousand SDR for all other entities in Group A 4,500 thousand SDR for entities in Group B Architectural, engineering and other technical services covered by this Agreement: 450 thousand SDR

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Preconstruction Services During the Design & Preconstruction Phase, the Design-Builder shall provide such design and preconstruction services as are necessary to properly advance the Project. Without limiting the generality of the foregoing, during the Preconstruction Phase, the Design-Builder shall: (i) work with its Architect and any design consultants to advance the design for the Project in consultation with Client Agency, the Department and its Program Manager; (ii) obtain bids from trade subcontractors to perform the work described in the Design Development Documents and provide bid tabulations to the Department; (iii) engage in any value engineering and scoping exercises necessary to return the cost of the work to the Project Budget; (iv) engage in preconstruction activities, including identifying any long-lead items; (v) develop a GMP proposal for the Project; and (vi) enter into a GMP for the Project. Throughout the Design & Preconstruction Phase, the Design-Builder shall schedule and attend regular meetings with the Department, the Program Manager and the Architect. A list of preconstruction deliverables is set forth in Exhibit C.

  • Collection Services General 5-1 5.02 Solid Waste Collection 5-1 5.03 Targeted Recyclable Materials Collection 5-3

  • Installation Services The Bitstream 2a Service includes a Standard Install as set out below (in each case to the extent that the relevant provisioning works are not already complete for the relevant Service Order).1

  • After Acquired Real Property (i) Upon the acquisition by any Loan Party after the date hereof of any fee interest in any real property (wherever located) (each such interest being a “New Facility”) with a Current Value (as defined below) in excess of $1,000,000, promptly so notify the Collateral Agent, setting forth with specificity a description of the interest acquired, the location of the real property, any structures or improvements thereon and either an appraisal or such Loan Party’s good-faith estimate of the current value of such real property (for purposes of this Section, the “Current Value”). The Collateral Agent shall notify such Loan Party whether it intends to require a Mortgage and the other Real Property Deliverables. Upon receipt of such notice requesting a Mortgage, the Person that has acquired such New Facility shall promptly furnish to the Collateral Agent each of the applicable Real Property Deliverables, reasonably requested by the Collateral Agent. The Borrowers shall pay all fees and expenses, including reasonable attorneys’ fees and expenses, and all title insurance charges and premiums, in connection with each Loan Party’s obligations under this Section 7.01(o). (ii) Notwithstanding the foregoing, the Administrative Agent shall not enter into any Mortgage in respect of any improved real property acquired by any Loan Party after the Closing Date until (1) (a) if such improved real property is not located in a “special flood hazard area”, the date that is five (5) Business Days or (b) if such improved real property is located in a “special flood hazard area”, the date that occurs 14 days after the Administrative Agent has delivered to the Lenders (which may be delivered electronically) the following documents in respect of such real property: (i) a completed flood hazard determination from a third party vendor; (ii) if such real property is located in a “special flood hazard area”, (A) a notification to the applicable Loan Party of that fact and (if applicable) notification to the applicable Loan Party that flood insurance coverage is not available and (B) evidence of the receipt by the applicable Loan Party of such notice; and (iii) if such notice is required to be provided to the applicable Loan Party and flood insurance is available in the community in which such real property is located, evidence of required flood insurance.

  • Notice to Proceed - Land Acquisition The acquisition of the Land shall not occur until the Director has issued a written Notice to Proceed for land acquisition to the Recipient (the "Notice to Proceed"). Such Notice to Proceed will not be issued until the Director has received a Request to Proceed acceptable to the Director and is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and any requirements for land acquisition set forth in this Agreement, including without limitation the OPWC's approval of the proposed Deed Restrictions and Title Agent. The Notice to Proceed also shall specify the time frame for the Closing.

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