The Preferred Option Sample Clauses

The Preferred Option. A SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for each of the Short Listed Options was carried out by the key stakeholder’s group. This was supported by site analysis from an architect showing primary views to the sites, information on climate and form, location factors around access and transport, site sketch showing the key building blocks in a possible in situ solution Overall, the non-financial option appraisal process identifies that the preferred non-financial option is option 6d (New build at Tulliallan Primary School) with 739 points, followed by option 6b) (New build at Feregait) with 539 points and option 6c) (New build at Station Road) with 509 points. Indicative Site Plan Option 6d New Build at Tulliallan School Option 1 (The “Status Quo”) was placed last in this analysis with 221 points. Option 6d) represents a clearly favoured option for all stakeholders, with little to choose between options 6b) and 6c) for 2nd place. All options scored considerably higher than Option 1, ‘Do nothing’. In summary, it is possible to conclude that all of the stakeholder groups engaged in this process:  Are likely to support Option 6d) as an overall preferred option, unless something radical changes  Do not support the ‘do nothing’ option in any way  See little difference between the relative merits of options 6b) and 6c). In addition, the outturns appear to provide NHS Fife with both a clearly preferred direction of travel in support of their developing Initial Agreement Document (new build in Kincardine to deliver the developing service model) and site option (Tulliallan Primary School) along with a mandate to further explore / develop Option 6d in the short term subject to the outcomes of formal financial option appraisal.
Sample 1
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The Preferred Option. As indicated before, Option 4B was proposed initially to be considered as preferred option. But, given the fact that the additional analysis of Option 5 has proven its economic viability and beneficial character for the LWSC this option was finally selected as the preferred option. Under Option 5, a wastewater treatment structure with two WWTPs – New Ngwerere and New Chunga WWTPs will be considered. Manchinchi WWTP including the Garden ponds are proposed to be decommissioned and sold. Ngwerere site: The new treatment concept is based on trickling filters; anaerobic digestion of sludge and potential biogas utilisation will be considered. Hereby, the existing Ngwerere pond system will be replaced. Considering the 2025 loads the new treatment system will be implemented within the existing 24 ha site currently in the ownership of the LWSC. In the year 2040 a moderate extension of the area by ~ 10 ha is envisaged. Xxxxxx XXXX: From the technological point of view the new treatment concept is also based on trickling filters; anaerobic digestion of sludge and potential biogas utilisation. The new treatment system will be implemented within the existing 14 ha site in the ownership of the LWSC. In the year 2040 no extention of the area is required. Manchinchi WWTP: Altogether, the current area of Manchinchi WWTP is 28 hectares. Following the technical concept of the EIB FS Consultant the site will be divided into three sections, a southern portion, a central portion and a northern portion. The central section, today covered by the faecal acceptance station will continue operation by receiving septage from the cesspool tankers. This section is covering an area of 2.3 hectares; respectively 26 hectares are proposed to be sold. For this purpose the following activities are proposed:  Demolition of structures and buildings;  Transport and disposal of construction waste at Chunga landfill; and  Levelling of land. Sale of the excess areas is proposed after completion of the project and is expected to take place over a period from 2019 to 2025.
Sample 1
The Preferred Option. By comparing the pros and cons of the various construction methods, the preferred option is trench excavation by grab dredging by one grab dredger and install the submarine watermain by the “bottom-pull method” followed by protection of the submarine piepeline by backfilling with 4.5m thick armour rock layer with a 0.3m thick grade 75 bedding layer.
Sample 1

Related to The Preferred Option

  • Shares The term “

  • Preferred Stock Shares of Preferred Stock may be issued from time to time in one or more series, each of such series to have such terms as stated or expressed herein and in the resolution or resolutions providing for the creation and issuance of such series adopted by the Board of Directors as hereinafter provided. Authority is hereby expressly granted to the Board of Directors from time to time to issue the Preferred Stock in one or more series, and in connection with the creation of any such series, by adopting a resolution or resolutions providing for the issuance of the shares thereof and by filing a certificate of designation relating thereto in accordance with the DGCL (a “Certificate of Designation”), to determine and fix the number of shares of such series and such voting powers, full or limited, or no voting powers, and such designations, preferences and relative participating, optional or other special rights, and qualifications, limitations or restrictions thereof, including without limitation thereof, dividend rights, conversion rights, redemption privileges and liquidation preferences, and to increase or decrease (but not below the number of shares of such series then outstanding) the number of shares of any series as shall be stated and expressed in such resolutions, all to the fullest extent now or hereafter permitted by the DGCL. Without limiting the generality of the foregoing, the resolution or resolutions providing for the creation and issuance of any series of Preferred Stock may provide that such series shall be superior or rank equally or be junior to any other series of Preferred Stock to the extent permitted by law and this Second Amended and Restated Certificate (including any Certificate of Designation). Except as otherwise required by law, holders of any series of Preferred Stock shall be entitled only to such voting rights, if any, as shall expressly be granted thereto by this Second Amended and Restated Certificate (including any Certificate of Designation). The number of authorized shares of Preferred Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority of the stock of the Corporation entitled to vote, irrespective of the provisions of Section 242(b)(2) of the DGCL.

  • Hiring Preference 1. In all hiring for bargaining unit positions, the Company shall, subject to its obligations under applicable equal employment opportunity laws and regulations, give consideration, to the full extent of interest, to the direct relatives (children, children-in-law, step-children, spouse, siblings, grandchildren, nieces and nephews) of Employees and retirees of the Company who meet reasonably established hiring criteria.

  • Common Stock 1 Company........................................................................1

  • Cash Option [ ] (a) The Employer may permit a Participant to elect to defer to the Plan, an amount not to exceed % of any Employer paid cash bonus made for such Participant for any year. A Participant must file an election to defer such contribution at least fifteen (15) days prior to the end of the Plan Year. If the Employee fails to make such an election, the entire Employer paid cash bonus to which the Participant would be entitled shall be paid as cash and not to the Plan. Amounts deferred under this section shall be treated for all purposes as Elective Deferrals. Notwithstanding the above, the election to defer must be made before the bonus is made available to the Participant.

  • Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Negotiated Option If the Developer elects not to exercise its option under Article 5.1.3, Option to Build, Developer shall so notify Connecting Transmission Owner and NYISO within thirty (30) Calendar Days, and the Developer and Connecting Transmission Owner shall in good faith attempt to negotiate terms and conditions (including revision of the specified dates and liquidated damages, the provision of incentives or the procurement and construction of a portion of the Connecting Transmission Owner’s Attachment Facilities and Stand Alone System Upgrade Facilities by Developer) pursuant to which Connecting Transmission Owner is responsible for the design, procurement and construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades. If the two Parties are unable to reach agreement on such terms and conditions, Connecting Transmission Owner shall assume responsibility for the design, procurement and construction of the Connecting Transmission Owner’s Attachment Facilities and System Upgrades Facilities and System Deliverability Upgrades pursuant to 5.1.1, Standard Option.

  • Cargo Preference Use of United States-Flag Vessels. The shipping requirements of 46 U.S.C. § 55305, and U.S. Maritime Administration regulations, “Cargo Preference – U.S.-Flag Vessels,” 46 CFR Part 381; and

  • Adjustment of Number of Common Shares and Exercise Price The subscription rights in effect under the Warrants for Common Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:

  • Shift Preference 200 Shift preference will be granted on the basis of seniority within the classification as openings occur. The transfer to the desired shift will be effected within two (2) weeks following the end of the current pay period within which a written request is made, provided the employee can do the work.

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