Restoration or Additional Contribution Sample Clauses

Restoration or Additional Contribution. At the times set forth on the Schedule of Performance, the Developer shall, as directed by the City in its sole discretion by its written notice to the Developer, either: (i) restore the Remaining City Property to the current surface parking use (with the exception of any City Town Square Improvements installed pursuant to Section 6.5.3, below) as City may reasonably direct to repair or restore the area to a condition substantially similar to its condition prior to the temporary use (including without limitation repairing pavement, repairing any damage to drainage facilities, repairing or revising striping for parking spaces and driving lanes based on a parking layout fitting the Remaining City Property, and repairing or replacing damaged lights, parking meters and signs); or (ii) if the City in its sole discretion has decided to proceed with the City Town Square Project promptly after Project completion, deliver the Remaining City Property in an unrestored but clean condition appropriate for future construction and increase the Town Square Contribution by the mutually agreed reasonable estimated cost if Developer had been required to perform the surface lot restoration work described in clause (i) less the actual hard and soft costs of delivering the surface ready for the City Town Square Project pursuant to this clause (ii). The Parties will cooperate in good faith to document, including photo documentation, an assessment of the condition of the Remaining City Property prior to initiation of the temporary use. The Developer will consult with the City on transferring any construction fence rental agreement to the City or facilitating the City entering into a separate rental agreement to retain the construction fencing, in the City’s sole discretion. If Developer fails to perform the work necessary, City may but is not obligated to perform such work and Developer thereafter shall promptly reimburse City its costs and expenses, including attorney’s fees.
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Restoration or Additional Contribution

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • No Additional Compensation Notwithstanding any other provision of this Agreement, the obligation of Agency to return Referred Accounts, provide current status reports of all such accounts or information reasonably required by Client shall be without right to any additional Contingent Fee, administrative fees or other compensation of any kind or type whatsoever after such termination date, including, without limitation, in quantum meruit, for any Services rendered prior to termination (except on recoveries received and remitted to Client pursuant to this Agreement prior to termination) whether or not said Services result in or contribute to recoveries received after termination.

  • Capital Account Restoration No Limited Partner shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Partnership. The General Partner shall be obligated to restore any negative balance in its Capital Account upon liquidation of its interest in the Partnership by the end of the taxable year of the Partnership during which such liquidation occurs, or, if later, within 90 days after the date of such liquidation.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. PART I. [OPTIONS (a) THROUGH (d)].

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