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.

  • 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.

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

  • Cessation of Contributions The obligation of the employer to contribute to the Fund in respect of an employee shall cease on the last day of such employee's employment with the employer.

  • 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.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Termination or Abandonment Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated and abandoned at any time prior to the Effective Time, whether before or after any approval of the matters presented in connection with the Merger by the stockholders of the Company:

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

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