Sole Risk Proposal of a Development Sample Clauses

Sole Risk Proposal of a Development. Programme
AutoNDA by SimpleDocs
Sole Risk Proposal of a Development. Programme In the event the Operating Committee does not approve a development Programme and Budget submitted in accordance with Section 6.4.1 or Section 8.6.1, then any Party may give notice to the other Parties of its intention to develop the Potential Storage Site at sole risk. Such notice shall be accompanied by details of its proposed development Programme and Budget. The other Parties may give counter notice within sixty (60) days that they wish to participate in the development. If all the other Parties elect to participate, the Parties shall proceed with the development accordingly, and the provisions of Section 6.4.2 shall apply upon the Danish Energy Agency approving the development plan. If the development of a Potential Storage Site is carried out in accordance with Section 8.6.2(a) then the Party or the Parties which prepared the development Programme and Budget shall be entitled to charge all reasonable costs incurred in the preparation thereof to the Joint Account together with interest calculated on a day to day basis at the rate of one per cent (1%) above the Cost of Funds Rate from the date on which the costs were incurred to the date of repayment, inclusive.

Related to Sole Risk Proposal of a Development

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

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

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

  • Economic Development 1. The Parties aim to promote balanced economic growth, poverty reduction and the reduction of social-economic disparities.

  • Sustainable Development 4.1 The Authority will review the Contractor’s Sustainable Development Policy Statement and Sustainable Development Plan submitted by the Contractor in accordance with the Schedule (Sustainable Development Requirements) and then at least annually thereafter.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement.

  • Policy Development 2.2.1 LIDDA shall develop and implement policies to address the needs of the LSA in accordance with state and federal laws. The policies shall include consideration of public input, best value, and individual care issues.

  • STRATEGIC PLAN (1) Within ninety (90) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a written strategic plan for the Bank covering at least a three-year period. The strategic plan shall establish objectives for the Bank's overall risk profile, earnings performance, growth, balance sheet mix, off-balance sheet activities, liability structure, capital adequacy, reduction in the volume of nonperforming assets, product line development and market segments that the Bank intends to promote or develop, together with strategies to achieve those objectives and, at a minimum, include:

  • PHASED DEVELOPMENT 15.1 The Seller reserves to itself, and to its successors in title as Developer, all such rights as are provided for in section 25 of the STA, to erect and complete a phased development on the Land from time to time, but no later than 15 (fifteen) years from the date of opening of the Sectional Title Register, for its personal account.

Time is Money Join Law Insider Premium to draft better contracts faster.