Sewer Agreement Obligations Sample Clauses

Sewer Agreement Obligations. A chart reflecting the estimated annual Sewer Agreement Obligations (the “Sewer Agreement Obligation Schedule”) is set forth in Exhibit C annexed hereto. The annual payments listed in connection with the Fixed Sewer Agreement Obligations represent a payment schedule agreed upon by Mountain Creek and the Vernon Parties and are not subject to change. The annual VTMUA Budget Deficit Obligation figures reflected in Exhibit C are projections based on estimates prepared by the VTMUA, and thus, remain subject to change based upon the actual VTMUA Budget Deficit (if any) in any particular year, as calculated pursuant to article 5.04 of the Sewer Agreement. The Pump House Obligations5 will be determined after the Vernon Parties, on notice to Mountain Creek, calculate all costs and expenses associated with the design, permitting, construction and financing associated with the Pump House.
Sample 1
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Sewer Agreement Obligations. A chart reflecting the estimated annual Sewer Agreement Obligations (the “Sewer Agreement Obligation Schedule”) is set forth in Exhibit C annexed hereto. The annual payments listed in connection with the Fixed Sewer Agreement Obligations represent a payment schedule agreed upon by Mountain Creek and the Vernon Parties and are not subject to change. The annual VTMUA Budget Deficit Obligation figures reflected in Exhibit C are projections based on estimates prepared by the VTMUA, and thus, remain subject to change based upon the actual VTMUA Budget Deficit (if any) in any particular year, as calculated pursuant to article 5.04 of the Sewer Agreement. The Pump House Obligations5 will be determined 5 The Parties agree that the monthly obligation for the Pump House Obligations will be based on the total estimated cost and expenses to be incurred by the Vernon Parties, including costs associated with any bond offering or financing. The Vernon Parties currently estimate the monthly Pump House Obligations to be between $6,800.00-$9,500.00 based on the availability of financing or bonding and estimated costs to design and permit the Pump House. The Vernon Parties further agree that they will use good faith commercial best efforts to issue bonds or obtain financing on the best financial terms possible under the circumstances and will provide updates to Mountain Creek as reasonably requested by Mountain Creek throughout the process of (a) designing and constructing the upgrade to the Pump House, and (b) issuing the bonds or obtaining such other financing, with the goal of designing and constructing the upgrade to the Pump House on the most economical terms possible. The Parties expressly acknowledge that the Vernon Parties shall have the sole authority and control relating to the design and construction of the Pump House; provided, however, the Vernon Parties shall use their best efforts to design and construct a Pump House with capacity that is sufficient to handle Vernon’s needs from the Town Center (as defined in the Sewer Agreement) and the Developer’s Capacity Allocation (defined below). Vernon shall not be obligated, at its expense, to provide any additional capacity in the Pump House. after the Vernon Parties, on notice to Mountain Creek, calculate all costs and expenses associated with the design, permitting, construction and financing associated with the Pump House.
Sample 1

Related to Sewer Agreement Obligations

  • PROCUREMENT OBLIGATIONS Notwithstanding any other provisions of this Part B, where in this Part B the Customer accepts an obligation to procure that a Former Supplier does or does not do something, such obligation shall be limited so that it extends only to the extent that the Customer's contract with the Former Supplier contains a contractual right in that regard which the Customer may enforce, or otherwise so that it requires only that the Customer must use reasonable endeavours to procure that the Former Supplier does or does not act accordingly.

  • Client Obligations 3.1 The Client shall:

  • Joint Obligations A. The University and the student share the responsibility for ensuring the quality of life within the residence halls, their maintenance, furnishings and facilities, and for a physical environment secure from fire and other hazards. The University will work with students to promote effective security of persons and property in the residence halls.

  • Recipient Obligations 2.1 The Recipient agrees to support the Project in accordance with this Agreement.

  • STUDENT OBLIGATIONS The student agrees to use the property as his or her personal residence. The student shall maintain the interior of the property in a reasonably clean and safe condition, use reasonable care in consumption of utilities and services furnished by the landlord, and avoid unreasonable noise or other disruption of the privacy and peaceful enjoyment of the premises by the landlord and other students. The student shall be responsible for any damage to the property beyond reasonable wear and tear by the student, members of the student's family, or persons invited on the property by the student. The student shall not make, or cause to be made, any alterations to the property or its contents without first obtaining the written consent of the landlord. The student agrees to notify the landlord in writing about any needed repairs or violations of the Honor Code or Residential Living Standards involving other students or residents. *The BYU Student agrees to update their residential address on myBYU each semester/term, failure to do so will result in non-compliance fees of up to $175 and housing holds affecting their ability to register.

  • Merchant Obligations (1) Merchant shall provide a valid, working administrative email address on enrolment. Any changes to Merchant’s account must be made via the administrative email address provided upon enrolment. The security of Merchant’s account is dependent in part upon Merchant maintaining the security of such administrative email address. Merchant shall be fully and solely responsible for any unauthorized changes to Merchant’s account via this email address. (2) Merchant will be given an ID code and password to allow Merchant to have access to Gateway Services. Merchant shall be fully and solely responsible for the establishment and maintenance of procedures to insure the control and confidentiality of identification codes and passwords and other access procedures (“Codes”). FAILURE TO PROTECT THE CODES MAY ALLOW UNAUTHORIZED PARTIES TO ACCESS THE GATEWAY SERVICES. Merchant is required to put in place internal procedures to limit such risk, including, but not limited to (a) changing the password at least once every 120 calendar days; (b) keeping every identification code under secure conditions; and (c) not keeping, in any form or in any place, any list of passwords. Merchant agrees to comply with any access or identification procedures and security protocols established from time to time by ISO, and if Merchant believes that any Code or security procedures has or may have become known by an unauthorized person (whether employed by Merchant or not), Merchant shall immediately notify ISO by telephone and confirm to ISO in writing such oral notification within 24 hours.

  • Basic Obligations (1) The Authority shall carry out international search and international preliminary examination in accordance with, and perform such other functions of an International Searching Authority and International Preliminary Examining Authority as are provided under, the Treaty, the Regulations, the Administrative Instructions and this Agreement.

  • Local Church’s Payment Obligations At Closing or otherwise prior to or on the Disaffiliation Date, Local Church shall pay to the Annual Conference, in a manner specified by Annual Conference, the following:

  • Independent Obligations The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Capital Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 4.3 hereof.

  • Repayment Obligation In the event that any State and/or federal funds are deferred and/or disallowed as a result of any audits or expended in violation of the laws applicable to the expenditure of such funds, the Contractor shall be liable to the Agency for the full amount of any claim disallowed and for all related penalties incurred. The requirements of this paragraph shall apply to the Contractor as well as any subcontractors.

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