Return of Development Security Sample Clauses

Return of Development Security. If no Event of Default with respect to Seller has occurred and is continuing, and no Early Termination Date has occurred or been designated as the result of an Event of Default with respect to Seller, then: (i) As soon as reasonably practicable after the Initial Delivery Date, SCE shall return to Seller the Development Security including any interest accrued thereon pursuant to Section 7.03(a), less, if applicable, any amount of Development Security retained pursuant to this Agreement. (ii) As soon as reasonably practicable after the termination of this Agreement by either Party pursuant to Sections 2.07, 8.03(a), or 10.05, SCE shall return to Seller the full Development Security; provided, a termination under Article 8 only entitles Seller to a return of the Development Security if the termination is based on a Force Majeure that prevents the Initial Delivery Date from occurring on or before the Guaranteed Delivery Deadline. Seller may, with SCE’s consent, authorize SCE to retain cash or Letter(s) of Credit initially posted as Development Security as Performance Assurance posted under Section 7.02.
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Return of Development Security. If no Event of Default with respect to Owner has occurred and is continuing, and no Default Termination Date has occurred or been designated as the result of an Event of Default with respect to Owner, then: (i) As soon as reasonably practicable after the Commercial Operation Date, O&R shall return to Owner the unused portion of the Development Security including any interest accrued thereon pursuant to Section 7.03(a). (ii) As soon as reasonably practicable after the termination of this Agreement by either Party, O&R shall return to Owner the unused portion of the Development Security, if any. Owner may, with O&R’s consent, authorize O&R to retain cash or Letter(s) of Credit initially posted as Development Security as Performance Assurance posted under Section 7.02.
Sample 1See All (5)
Return of Development Security. If no Event of Default with respect to Seller has occurred and is continuing, and no Early Termination Date has occurred or been designated as the result of an Event of Default with respect to Seller, then: As soon as reasonably practicable after the Initial Delivery Date, SCE shall return to Seller the full Development Security including any interest accrued thereon pursuant to Section 7.03(a). As soon as reasonably practicable after the termination of this Agreement by either Party pursuant to Sections 2.07, 5.01(b) or 8.03(a), SCE shall return to Seller the full Development Security; provided, a termination under Article 8 only entitles Seller to a return of the Development Security if the termination is based on a Force Majeure that prevents the Initial Delivery Date from occurring on or before the Initial Delivery Deadline. Seller may, with SCE’s consent, authorize SCE to retain cash or Letter(s) of Credit initially posted as Development Security as Performance Assurance posted under Section 7.02.
Sample 1Sample 2See All (4)
Return of Development Security. If no Event of Default with respect to Owner has occurred and is continuing, and no Early Termination Date has occurred or been designated as the result of an Event of Default with respect to Owner, then: As soon as reasonably practicable after the Commercial Operation Date, CHGE shall return to Owner the unused portion of the Development Security including any interest accrued thereon pursuant to Section 7.3(a). As soon as reasonably practicable after the termination of this Agreement by either Party, CHGE shall return to Owner the unused portion of the Development Security, if any. Owner may, with XXXX’s consent, authorize CHGE to retain cash or Letter(s) of Credit initially posted as Development Security as Performance Assurance posted under Section 7.2.
Sample 1Sample 2See All (4)
Return of Development Security. If (i) upon the Commercial Operation Date, no damages or other amounts are due and owing to Buyer under this Agreement and Seller does not elect to apply the Development Security to the Performance Security, or (ii) this Agreement terminates prior to the occurrence of the Commercial Operation Date while the Development Security is outstanding, then Buyer shall return to Seller the remaining amount of the Development Security (or any portions thereof if damages or other amounts are due and owing to Buyer under this Agreement) within ten (10) Business Days after Seller’s provision of the Performance Security or the effective date of such early termination, as applicable.
Sample 1Sample 2
Return of Development Security. If no Event of Default with respect to Owner has occurred and is continuing, and no Early Termination Date has occurred or been designated as the result of an Event of Default with respect to Owner, then: As soon as reasonably practicable after the Commercial Operation Date, NYSEG shall return to Owner the unused portion of the Development Security including any interest accrued thereon pursuant to Section 7.3(a). As soon as reasonably practicable after the termination of this Agreement by either Party, NYSEG shall return to Owner the unused portion of the Development Security, if any. Owner may, with NYSEG’s consent, authorize NYSEG to retain cash or Letter(s) of Credit initially posted as Development Security as Performance Assurance posted under Section 7.2.
Sample 1
Return of Development Security. If no Event of Default with respect to Owner has occurred and is continuing, and no Default Termination Date has occurred or been designated as the result of an Event of Default with respect to Owner, then: (i) As soon as reasonably practicable after the Commercial Operation Date, CECONY shall return to Owner the unused portion of the Development Security including any interest accrued thereon pursuant to Section 7.03(a). (ii) As soon as reasonably practicable after the termination of this Agreement by either Party, CECONY shall return to Owner the unused portion of the Development Security, if any. Owner may, with CECONY’s consent, authorize CECONY to retain cash or Letter(s) of Credit initially posted as Development Security as Performance Assurance posted under Section 7.02.
Sample 1
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Return of Development Security. Not more than thirty (30) days following the date of Commercial Operation, ASPA shall return to Seller any remaining portion of the Development Security still held by ASPA and to which ASPA has no claim pursuant to the terms of this Agreement. If the Development Security was posted as a Letter of Credit, ASPA shall return the Letter of Credit to Seller and Seller shall be entitled to immediately cancel such Letter of Credit. If the Development Security was posted in cash, ASPA shall return to Seller the balance of the Development Security, together with daily interest at the Federal Funds Effective Rate, from and including the date that the Development Security was posted until, but not including, the date on which the Development Security is returned by ASPA.
Sample 1

Related to Return of Development Security

  • Preference for United States Industry Notwithstanding any other provision of this clause, neither the Contractor nor any assignee shall grant to any person the exclusive right to use or sell any subject invention in the United States unless the person agrees that any products embodying the subject invention or produced through the use of the subject invention will be manufactured substantially in the United States. However, in individual cases, the requirement for an agreement may be waived by the agency upon a showing by the Contractor or its assignee that reasonable but unsuccessful efforts have been made to grant licenses on similar terms to potential licensees that would be likely to manufacture substantially in the United States, or that under the circumstances domestic manufacture is not commercially feasible.

  • Completion of Development 7.4.1 Upon the completion of the whole development or complete phases of the development, Council may review this Agreement, in whole or in part, and may: (a) retain the Agreement in its present form; (b) negotiate a new Agreement; (c) discharge this Agreement; or (d) for those portions of the development which are completed, discharge this Agreement and apply appropriate zoning pursuant to the Municipal Planning Strategy and Land Use By-law for Halifax Peninsula as may be amended from time to time.

  • Assignment of Developments (i) Executive acknowledges and agrees that all developments, including, without limitation, the creation of new products, devices, inventions, discoveries, concepts, ideas, improvements, patents, trademarks, trade names, trade dress, service marks, copyrights, domain names, trade secrets, designs, works, reports, computer software or systems, flow charts, diagrams, procedures, data, documentation, and writings and applications thereof, including all results and proceeds of the foregoing, relating to the Business or future business of the Company that Executive, alone or jointly with others, has discovered, suggested, conceived, created, made, developed, reduced to practice, or acquired during Executive’s employment with or as a result of Executive’s employment with the Company (collectively, “Developments”) are being prepared by Executive as an employee of the Company within the scope of Executive’s employment and shall be considered as “works made for hire” and shall remain the sole and exclusive property of the Company, free of any reserved or other rights of any kind on Executive’s part. If and to the extent the fact that the Developments are works made for hire is not effective to place ownership of the Developments and all rights therein to the Company, then Executive hereby solely, exclusively and irrevocably assigns and transfers to the Company any and all of his right, title and interest in and to the Developments. Executive agrees to disclose to the Company promptly and fully all future Developments and, at any time upon request and at the expense of the Company, to execute, acknowledge and deliver to the Company all instruments that the Company shall prepare and to take any and all other actions that are necessary or desirable, in the reasonable opinion of the Company, to evidence or effectuate all or any of the Company’s rights hereunder, including executing and delivering patent, trademark or copyright applications and instruments of assignment to the Company and enabling the Company to file instruments of assignment for, to file and prosecute applications for, and to acquire, maintain, and enforce, all patents, trademarks or copyrights covering the Developments in all countries in which the same are deemed necessary by the Company. All data, memoranda, notes, lists, drawings, records, files, investor and client/customer lists, supplier lists, and other documentation (and all copies thereof) made or compiled by Executive or made available to Executive concerning the Developments or otherwise concerning the past, present, or planned business of the Company are the property of the Company, and shall be delivered to the Company immediately upon the termination of Executive’s employment with the Company. (ii) If any patent, trademark or copyright application is filed by Executive or on Executive’s behalf during Executive’s employment with the Company or within one (1) year after Executive’s leaving the Company’s employ, describing a Development within the scope of Executive’s work for the Company or which otherwise relates to a portion of the business of the Company, of which the Executive had knowledge during Executive’s employment with the Company, it is to be conclusively presumed that the Development was conceived by Executive during the period of such employment.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Creation and Development Fee If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust. (16) Article III is hereby amended by adding the following section:

  • JOB FAMILY: APPLICATIONS DEVELOPMENT‌ Job Title: Director, Systems and Programming Job#: 1200 General Characteristics

  • Proprietary Information and Developments 9.1 The Consultant will not at any time, whether during or after the termination of this Agreement for any reason, reveal to any person or entity any of the trade secrets or confidential information concerning the organization, business or finances of the Company or of any third party which the Company is under an obligation to keep confidential, except as may be required in the ordinary course of performing the Consultant Services to the Company, and the Consultant shall keep secret such trade secrets and confidential information and shall not use or attempt to use any such secrets or information in any manner which is designed to injure or cause loss to the Company. Trade secrets or confidential information shall include, but not be limited to, the Company's financial statements and projections, expansion proposals, property acquisition opportunities and business relationships with banks, lenders and other parties not otherwise publicly available.

  • Research and Development (i) Advice and assistance in relation to research and development of Party B; (ii) Advice and assistance in strategic planning; and

  • Notice of Developments Each Party will give prompt written notice to the other of any material adverse development causing a breach of any of its own representations and warranties in Section 3 and Section 4 above. No disclosure by any Party pursuant to this Section 5(f), however, shall be deemed to amend or supplement the Disclosure Schedule or to prevent or cure any misrepresentation, breach of warranty, or breach of covenant.

  • RETURN OF GOODS BUYER is entitled to return any GOODS that are not in full compliance with this AGREEMENT. SELLER will reimburse BUYER the PRICE of such GOODS plus all reasonable costs and expenses associated with such return.

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