Replacement Parcel Sample Clauses

Replacement Parcel. Following the approval of the Approved Parking Replacement Plan, if Developer proposes a Replacement Parking Plan that locates replacement parking onto a specific site not owned by the Developer (a “Replacement Parcel”), then Developer shall obtain and provide to the City, at Developer's cost and expense, an ALTA owner's extended coverage title insurance commitment for the Replacement Parcel, issued by a title insurer reasonably acceptable to the City and in an amount reasonably agreed to by the City and Developer as the value of the Replacement Parcel. Such title insurance commitment shall be accompanied by copies of any recorded documents referenced therein. Developer shall give a copy of such title insurance commitment to the City promptly after Developer obtains the same from the title insurer. The City shall cause such title insurance commitment (and any revised title insurance commitment submitted by Developer pursuant to this Section) to be reviewed and a notice of approval or disapproval thereof to be given to Developer within thirty (30) Business Days after the City's receipt of such title insurance commitment. The standard for the City's approval or disapproval for any exception set forth in such title insurance commitment shall be whether such exception will materially, adversely affect the right and/or ability of the City to use the land described therein for replacement parking purposes as contemplated by this Agreement. The City shall not disapprove any lien or other encumbrance described in such title insurance commitment that may be discharged by Developer's payment of money at the related Closing, but may condition the approval of such title insurance commitment on Developer's causing such lien or encumbrance to be fully satisfied and discharged as of such Closing. Any notice of disapproval of a given title insurance commitment shall state in reasonable detail the basis for such disapproval. The failure by the City to give notice of approval or disapproval within such thirty (30) Business Day period with respect to a given title insurance commitment shall be deemed approval of such title insurance commitment. Upon disapproval by the City of a given title insurance commitment submitted pursuant to this Section 5.2(c)(i), Developer shall have the right to (a) submit a revised title insurance commitment for review by the City under this Section 5.2(c)(i), or (b) submit the issue of the reasonability of the City's disapproval to Arbitration. E...
Sample 1
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Replacement Parcel. In accordance with the terms and conditions of this Agreement, Elements shall transfer fee simple title to the Replacement Parcel to School Board. At the Replacement Parcel Closing, the Replacement Parcel will be conveyed pursuant to a special warranty deed in the form attached hereto as Exhibit H (the “Replacement Parcel Deed”).
Sample 1
Replacement Parcel. Prior to City being obligated to undertake a conveyance of a Conveyance Parcel if Developer is required to provide City with a Replacement Parcel under this Agreement, Developer shall, at the request of the City, obtain and provide to the City, at Developer's cost and expense, a report of an ASTM Phase I environmental assessment (and a report of a Phase II environmental assessment if recommended by the report for the Phase I assessment) for the Replacement Parcel, issued by an environmental site assessment firm reasonably acceptable to the City. The Developer shall give a copy of such environmental assessment report to the City promptly after the Developer obtains the same. The City shall cause such environmental assessment report (and any revised environmental assessment report submitted by the Developer pursuant to this Section 5.2(d)) to be reviewed and a notice of approval or disapproval thereof to be given to Developer within thirty (30) Business Days after the City's receipt of such environmental assessment report. Any notice of disapproval of any such environmental assessment report shall state in reasonable detail the basis for such disapproval. The failure by the City to give notice of approval or disapproval within such thirty (30) Business Day period with respect to a given environmental assessment report shall be deemed approval of such environmental assessment report. Upon disapproval by the City of any environmental assessment report submitted pursuant to this Section 5.2(d)(i), Developer shall have the right to (1) submit a revised environmental assessment report for review by the City under this Section 5.2(d)(i), or (2) submit the issue of the reasonability of the City's disapproval to Arbitration. Each such environmental assessment report approved pursuant to this Section 5.2(d)(i) shall be a "City Approved Environmental Assessment Report."
Sample 1

Related to Replacement Parcel

  • MAINTENANCE OF THE BUILDING /APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the Association upon the issuance of the completion certificate of the Project. The cost of such maintenance has been included in the Total Extras and Deposits as mentioned in clause 1.2.

  • Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"):

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • MAINTENANCE OF THE SAID BUILDING / APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the association of the allottees. The cost of such maintenance has been included in the Total Price of the [Apartment/Plot]. [Insert any other clauses in relation to maintenance of project, infrastructure and equipment]

  • Vehicle Parking Lessee shall be entitled to use the number of Unreserved Parking Spaces and Reserved Parking Spaces specified in Paragraph 1.2(b) on those portions of the Common Areas designated from time to time by Lessor for parking. Lessee shall not use more parking spaces than said number. Said parking spaces shall be used for parking by vehicles no larger than full-size passenger automobiles or pick-up trucks, herein called "Permitted Size Vehicles." Vehicles other than Permitted Size Vehicles shall be parked and loaded or unloaded as directed by Lessor in the Rules and Regulations (as defined in Paragraph 40) issued by Lessor. (Also see Paragraph 2.9.)

  • 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.

  • Underground Facilities All underground pipelines, conduits, ducts, cables, wires, manholes, vaults, tanks, tunnels, or other such facilities or attachments, and any encasements containing such facilities, including without limitation those that convey electricity, gases, steam, liquid petroleum products, telephone or other communications, cable television, water, wastewater, storm water, other liquids or chemicals, or traffic or other control systems.

  • Car Parking You will not be entitled to apply for permit parking on the Campus unless you are entitled to an exemption from this policy.

  • CONSTRUCTION AND IMPROVEMENTS Concessionaire shall not affix, alter, or erect any permanent or temporary equipment, structures, buildings, or additions to the Concession Premises without first obtaining the prior written approval of Department.

  • Additional Facilities If the CAISO determines that it requires Operational Control over additional transmission lines and associated facilities not then constituting part of the CAISO Controlled Grid in order to fulfill its responsibilities in relation to the CAISO Controlled Grid then the CAISO shall apply to FERC pursuant to Section 203 of the Federal Power Act, and shall make all other regulatory filings necessary to obtain approval for such change of control and shall serve a copy of all such applications on the affected Participating TO and the owner of such lines and facilities (if other than the Participating TO). In the event that a Party invokes the dispute resolution provisions identified in Section 15 with respect to the transfer of Operational Control over a facility, such facility shall not be transferred while the dispute resolution process is pending except pursuant to Section 4.5.2.

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