Reservation of Rights in City’s Favor Sample Clauses

Reservation of Rights in City’s Favor. Section 22.0908(u) states that the Parties shall acknowledge in the Sale Transaction that: (i) certain portions of the Real Property are owned by the City’s Public Utilities Department, through the City’s Water Utility Fund; (ii) the‌ City’s Water Utility Fund will receive compensation for its portion of the CSU Property; and (iii) the City has reserved rights to extract subsurface water, minerals, and other substances on the Real Property. Consistent with clauses (i) and (ii) of this Section 5.19, the Parties acknowledge that the City’s Water Utility Fund will receive 38.7 percent of the net proceeds of the Base Purchase Price, plus its allocable share of the Time-Value Adjustment Amount, which will depend on the timing of the actual Closing Date. The requirements described in clauses (i) and
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Reservation of Rights in City’s Favor. Section 22.0908(u) states that the Parties shall acknowledge in the Sale Transaction that: (i) certain portions of the Real Property are owned by the City’s Public Utilities Department, through the City’s Water Utility Fund; (ii) the City’s Water Utility Fund will receive compensation for its portion of the CSU Property; and (iii) the City has reserved rights to extract subsurface water, minerals, and other substances on the Real Property. Consistent with clauses (i) and (ii) of this Section 5.19, the Parties acknowledge that the City’s Water Utility Fund will receive 38.7 percent of the net proceeds of the Base Purchase Price, plus its allocable share of the Time-Value Adjustment Amount, which will depend on the timing of the actual Closing Date. The requirements described in clauses (i) and (ii) are memorialized in reservation language in the City’s favor in the Easement Agreement for City’s Public Facilities During Stage 1 and in the Easement Agreement for City’s Public Facilities During Stage 2. The requirement described in clause (iii) of this Section 5.19 is memorialized in reservation language in the City’s favor in the Grant Deed.‌
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Related to Reservation of Rights in City’s Favor

  • Reservation of Rights NYISO and Connecting Transmission Owner shall have the right to make unilateral filings with FERC to modify this Agreement with respect to any rates, terms and conditions, charges, classifications of service, rule or regulation under section 205 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder, and Developer shall have the right to make a unilateral filing with FERC to modify this Agreement pursuant to section 206 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder; provided that each Party shall have the right to protest any such filing by another Party and to participate fully in any proceeding before FERC in which such modifications may be considered. Nothing in this Agreement shall limit the rights of the Parties or of FERC under sections 205 or 206 of the Federal Power Act and FERC’s rules and regulations thereunder, except to the extent that the Parties otherwise mutually agree as provided herein.

  • Government’s Reservation of Rights The defendant understands that the United States expressly reserves the right in this case to:

  • Preservation of Rights No delay or omission of the Lenders or the Administrative Agent to exercise any right under the Loan Documents shall impair such right or be construed to be a waiver of any Default or an acquiescence therein, and the making of a Loan notwithstanding the existence of a Default or the inability of the Borrower to satisfy the conditions precedent to such Loan shall not constitute any waiver or acquiescence. Any single or partial exercise of any such right shall not preclude other or further exercise thereof or the exercise of any other right, and no waiver, amendment or other variation of the terms, conditions or provisions of the Loan Documents whatsoever shall be valid unless in writing signed by the Lenders required pursuant to Section 8.2, and then only to the extent in such writing specifically set forth. All remedies contained in the Loan Documents or by law afforded shall be cumulative and all shall be available to the Administrative Agent and the Lenders until the Obligations have been paid in full.

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  • Limitation of Rights Nothing in this Agreement or the Plan shall be construed to:

  • Suspension of Rights Subject to any applicable laws, ZEEL shall have the right to suspend delivery of the Zee Group Channels to the IPTV Operator after giving 21 days’ notice in terms of the applicable Law, in the event of:

  • XXXX OF RIGHTS 11.1 Whenever a law enforcement officer is under investigation and subject to interrogation by members of his or her agency for any reason, which could lead to disciplinary action, demotion, or dismissal, such interrogation shall be conducted under the following conditions:

  • Effect of Settlement/Reservation of Rights The following shall apply:

  • Reversion of Rights Notwithstanding anything to the contrary set forth herein (including, but not limited to, Section 5 hereof), full responsibility for Prosecution of the Patent Rights shall, at the option of CSMC (exercisable in its sole and absolute discretion), and at its sole expense from the date of reversion, revert to CSMC upon any termination of this Agreement.

  • Reservation of Right to Hold In some cases, we will not make all of the funds that you deposit by check available to you on the same business day that we receive your deposit. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of your deposit. However, the first $225 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.

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