Rehabilitation Project Sample Clauses

Rehabilitation Project. In terms of a contract with the DMR signed in June 2013, Mintek managed the rehabilitation of certain derelict and ownerless (abandoned) mine sites identified by the DMR, with a specific focus on asbestos mines. The Initial contract was for duration of 3 years, with a value of R165 million, and concluded at the end of March 2016. Subsequently, further allocations of R55.6 million and an additional R24 million respectively, were received from the DMR. These allocations were over and above the initial R165 million 2013 agreement allocation. Due to the nature of these projects, both progress and expenditure has not been linear over the 2013-2016 time frame. During this period, the DMR postponed the rehabilitation of both the Osizweni site and Heuningsvlei Village projects due to external factors, although the detailed project planning and designs were completed. The allocated amount of R55.6 million for the Osizweni site was subsequently later reallocated to other projects. To date 35 sites have been rehabilitated with great success. It was envisaged that the initial budgeted R244.6 million would have been spent or committed by the end of March 2016, though it did not occur due to delays in the approval process. The contract/project was extended into a second phase over a three year period from 2016 to 2019 to the value of R155 million. The very large Streatham project, in the Limpopo province, was divided into 4 separate smaller projects due to the size of the project. The tender process began in December 2016, with the initial contractor start-up activities such as site establishment, personnel recruitment followed by medical examination, induction and other required training taking place. The project then saw activities on site commencing in early 2017. The 4 projects are due for completion at the end of the 2019 financial year. The total cost of the rehabilitation of the 4 sites has been R176 million and the Streatham related activities have dominated the 2016 to 2019 contract period. Over and above the Streatham project, the Masuli and Steelpoort projects have commenced and are due for completion early in 2019. Designs for an additional 3 sites have been completed and are in the process of being advertised so that rehabilitation work can commence early in the 2020 financial year. An additional 13 sites have been scoped and are ready for detailed design. The most significant change for the 2020 financial year is that the Department of Mineral Resources ha...
Sample 1
AutoNDA by SimpleDocs
Rehabilitation Project. The Client and Consultant's rights, duties, and obligations hereunder will be performed in accordance with the terms and conditions of the Agreement for Professional Services between Client and Consultant dated September 2, 2014 which is fully incorporated herein by reference.
Sample 1
Rehabilitation Project. The programme of rehabilitation of asbestos mines has been managed by Mintek on behalf of the Department of Mineral Resources and Energy since 2013. The initial contract was for a duration of 3 years, with a value of R165 million, and concluded at the end of March 2016. The contract/project was extended into a second phase over a three year period from 2016 to 2019 to the value of R 155 million. In 2019 the contract was further extended over a three year period from 2019 to 2022, with a total value of R450 million. The current contract scope includes managing the rehabilitation of certain derelict and ownerless (abandoned) mine sites identified by the DMRE, with a specific focus on asbestos mines, as well as closing and sealing of derelict shafts (holings). To date, 38 sites have been rehabilitated with great success. The very large Streatham project, in the Limpopo province, was divided into 4 separate smaller projects due to the size of the project. The project then saw activities on site commencing in early 2017. The total cost of the rehabilitation of the 4 sites has been R176m and the Streatham related activities have dominated the 2016 to 2019 contract period. The project is nearing completion after delays were encountered due to community issues. Over and above the Streatham project, the Msauli and Steelpoort projects commenced in 2019 and are due for completion in the 2019/2020 financial year. Tenders were also awarded for Uitkyk, Penge Village and Lagerdraai. These projects have commenced and will be finalised in the 2020/2021 financial year. In the 2019/2020 financial year, additional funding of R70 million was received from the Department of Mineral Resources and Energy to fund the closing of derelict shafts and holings. Currently, the projects are underway and sixteen clusters of shafts/holes will be closed by end of the 2019/2020 financial year. This additional work has led to a change in the model of execution of rehabilitation projects. A dedicated project office was established in November 2018 and is being capacitated so that all of the previously outsourced services such as design and management of the projects can be performed internally. The programme has faced some challenges. The major challenges on the rehabilitation projects being lengthy delays on projects due to protracted community strikes and collective action as well as an over-reliance on costly external consultants. Mintek, together with DMRE, has managed to resolve some comm...
Sample 1
Rehabilitation Project 
Sample 1Sample 2Sample 3See All (9)

Related to Rehabilitation Project

  • Construction or Rehabilitation of Mortgaged Property No Mortgage Loan was made in connection with the construction or rehabilitation of a Mortgaged Property or facilitating the trade-in or exchange of a Mortgaged Property;

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Operation of the Property During the Term, NAI shall operate the Property in a good and workmanlike manner and substantially in compliance with all Applicable Laws and will pay or cause to be paid all fees or charges of any kind in connection therewith. (If NAI does not promptly correct any failure of the Property to comply with Applicable Laws that is the subject of a written notice given to NAI or BNPLC by any governmental authority, then for purposes of the preceding sentence, NAI shall be considered not to have maintained the Property "substantially in accordance with Applicable Laws" whether or not the noncompliance would be substantial in the absence of the notice.) During the Term, NAI shall not use or occupy, or allow the use or occupancy of, the Property in any manner which violates any Applicable Law or which constitutes a public or private nuisance or which makes void, voidable or cancelable any insurance then in force with respect thereto. During the Term, to the extent that any of the following would, individually or in the aggregate, materially and adversely affect the value of the Property or NAI's use, occupancy or operations on the Property, NAI shall not, without BNPLC's prior consent: (i) initiate or permit any zoning reclassification of the Property; (ii) seek any variance under existing zoning ordinances applicable to the Property; (iii) use or permit the use of the Property in a manner that would result in such use becoming a nonconforming use under applicable zoning ordinances or similar laws, rules or regulations; (iv) execute or file any subdivision plat affecting the Property; or (v) consent to the annexation of the Property to any municipality. If (A) a change in the zoning or other Applicable Laws affecting the permitted use or development of the Property shall occur after the Base Rent Commencement Date that reduces the value of the Property, or (B) conditions or circumstances on or about the Property are discovered after the Base Rent Commencement Date (such as the presence of an endangered species) which substantially impede development and thereby reduce the value of the Property, and if after any such reduction under clause (A) or (B) preceding the Current AS IS Market Value of the Property is less than sixty percent (60%) of Stipulated Loss Value, then NAI shall pay BNPLC upon request the amount by which Current AS IS Market Value is less than sixty percent (60%) of Stipulated Loss Value, for application as a Qualified Prepayment. During the Term, NAI shall not cause or permit any drilling or exploration for, or extraction, removal or production of, minerals from the surface or subsurface of the Property, and NAI shall not do any act whereby the market value of the Property may reasonably be expected to be materially lessened. During the Term, if NAI receives a written notice or claim from any federal, state or other governmental entity that the Property is not in compliance in any material respect with any Applicable Law, or that any action may be taken against the owner of the Property because the Property does not comply with Applicable Law, NAI shall promptly furnish a copy of such notice or claim to BNPLC. Notwithstanding the foregoing, NAI may in good faith, by appropriate proceedings, contest the validity and applicability of any Applicable Law with respect to the Property, and pending such contest NAI shall not be deemed in default hereunder because of the violation of such Applicable Law, if NAI diligently prosecutes such contest to completion in a manner reasonably satisfactory to BNPLC, and if NAI promptly causes the Property to comply with any such Applicable Law upon a final determination by a court of competent jurisdiction that the same is valid and applicable to the Property; provided, however, in any event such contest shall be concluded and the violation of such Applicable Law must be corrected by NAI and any claims asserted against BNPLC or the Property because of such violation must be paid by NAI, all prior to the earlier of (i) the date that any criminal prosecution is instituted or overtly threatened against BNPLC or any of its directors, officers or employees because of such violation, (ii) the date that any action is taken by any governmental authority against BNPLC or any property owned by BNPLC (including the Property) because of such violation, or (iii) a Designated Sale Date upon which, for any reason, NAI or an Affiliate of NAI or any Applicable Purchaser shall not purchase BNPLC's interest in the Property pursuant to the Purchase Agreement for a price to BNPLC (when taken together with any additional payments made by NAI pursuant to Paragraph 1(A)(2) of the Purchase Agreement, in the case of a purchase by an Applicable Purchaser) equal to the Break Even Price.

  • Improvement Any alteration to the land or other physical construction located on or off the Property that is associated with this subdivision/PUD and building site developments.

  • Construction of the Improvements Once development of the Property has commenced, the construction of the Improvements shall be pursued with due diligence and continuity, in a good and workmanlike manner, and in accordance with sound building and engineering practices, all applicable governmental requirements, and the Development Plan. Borrower shall not permit cessation of work for a period in excess of thirty (30) days during any period of time during which development on the Property is scheduled to be performed without the prior written consent of Lender, which may be given or withheld in Lender’s sole discretion, except for delays due to strikes, riots, acts of God, war, unavailability of labor or materials, governmental laws, regulations or restrictions and Borrower shall promptly notify Lender of any such delays; provided, however, that in no event shall work cease for a period in excess of sixty (60) days regardless of the cause. Borrower shall cause all materials supplied for, or intended to be utilized in, the development of any part of the Property, but not affixed to or incorporated into the Property, to be stored on the Property or at such other location as may be approved by Lender in writing, with adequate safeguards, as required by Lender, to prevent loss, theft, damage, or commingling with other materials or projects.

  • Construction of the Project The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • Projects The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Objectives and the Compact Goal.

  • Management of REO Property (a) Prior to the acquisition of title to any Mortgaged Property securing a defaulted Mortgage Loan, the Special Servicer shall review the operation of such Mortgaged Property and determine the nature of the income that would be derived from such property if it were acquired by the Trust. If the Special Servicer determines from such review that:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!