South Street Monetary Obligation Sample Clauses

South Street Monetary Obligation. The Owner shall make a fee-in-lieu payment toward the cost of constructing a new bridge across the railroad tracks in order to connect Lovers Lane to Xxxxxx Xxxxxx Xxxx Xx Street and Technology Drive by way of South Street (“South Street Improvements”) to the City Transportation Fund. The fee-in-lieu payment shall be in an amount equal to the Owner’s roughly proportional traffic impact on the South Street Improvements as determined at the time of construction of the South Street Improvements (“South Street Monetary Obligation”).
Sample 1
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South Street Monetary Obligation. In addition to obligations related to the Perimeter Roadway, Owner shall make a fee-in-lieu payment to the City Transportation Fund in the total amount of $1,982,800.00 (“South Street Monetary Obligation”) which represents the developer’s roughly proportional traffic impact in the TIA and in the BGE Financial Participation Analysis Memo dated April 18, 2022. The intent of the South Street Monetary Obligation is to contribute to the cost of constructing a new bridge across the railroad tracks in order to connect Lovers Lane to Xxxxxx Xxxxxx Xxxx Xx Street and Technology Drive by way of South Street (“South Street Improvements”). The South Street Improvements shall replace the required traffic mitigation previously identified in the TIA at the intersection of Lovers Lane and SH 71. The specific terms, conditions, and other provisions related to timing of the South Street Monetary Obligation shall be the subject of a separate infrastructure agreement. The South Street Monetary Obligation is contingent on negotiation and execution of a separate, related agreement with the City of Bastrop’s Bastrop Economic Development Corporation, as approved by the City Council.
Sample 1

Related to South Street Monetary Obligation

  • Statutory Obligations Nothing in this Agreement shall be construed to modify, eliminate or detract from the statutory responsibilities and obligations of the Employer except that the exercise of its rights in the furtherance of such statutory obligations shall not be in conflict with the provisions of this Agreement.

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  • Delivery Obligations 9.1 The Grant Recipient must in relation to each Named Project:

  • Obligations of the University (a) organizes the doctoral studies;

  • Obligations Unconditional The obligations of the Guarantors under Section 11.01 shall constitute a guarantee of payment and to the fullest extent permitted by applicable Law, are absolute, irrevocable and unconditional, joint and several, irrespective of the value, genuineness, validity, regularity or enforceability of the Guaranteed Obligations of the Borrower under this Agreement, the Notes, if any, or any other agreement or instrument referred to herein or therein, or any substitution, release or exchange of any other guarantee of or security for any of the Guaranteed Obligations, and, irrespective of any other circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a surety or Guarantor (except for payment in full). Without limiting the generality of the foregoing, it is agreed that the occurrence of any one or more of the following shall not alter or impair the liability of the Guarantors hereunder which shall remain absolute, irrevocable and unconditional under any and all circumstances as described above:

  • 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.

  • Policy Obligations Contractor’s indemnity and other obligations shall not be limited by the foregoing insurance requirements.

  • OBLIGATIONS OF THE OWNER 5.1 The Owner agrees to provide the requisite access and authority for Coinllectibles to have access to information necessary for Coinllectibles to carry out the Services hereunder.

  • Obligations Absolute The obligation of the Borrower to reimburse the L/C Issuer for each drawing under each Letter of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following:

  • Obligations of the Department a. The Department shall notify Business Associate of a) any limitation in any applicable Notice of Privacy Practices that would affect the use or disclosure of PHI by the Business Associate and b) any changes, revocations, restrictions or permissions by an individual to the use and disclosure of his/her PHI to which the Department has agreed, to the extent such restrictions or limitations may affect the performance of Business Associate’s services on behalf of the Department.

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