Transfer of Common Facilities Sample Clauses

Transfer of Common Facilities. (a) Prior to the occurrence of the Transfer Date, (i) Xxxxx is the sole owner of the Common Facilities and (ii) Developer shall have no right to utilize the Common Facilities other than in connection with the interconnection of the Additional Phase to the Common Facilities (the “Additional Phase Connection”) in accordance with the terms set forth herein. (b) If and when the Transfer Date occurs, Xxxxx shall automatically Transfer to Developer a portion of its interest in and to the Common Facilities such that, as of the Transfer Date, each of Xxxxx and Developer shall have an undivided interest, as tenant in common with each of the other Parties, in and to the Common Facilities in the amount equal to the Project Percentage Interest of such Party, as applicable, effective as of the Transfer Date. The undivided interests so Transferred shall be memorialized by Developer’s recording of the Memorandum of Transfer in the form attached hereto as Exhibit B-1, executed and acknowledged on the Transfer Date, in original and delivered in original which shall be retained in its original by Developer for recording. Developer shall record, in the official real property records of Xxxxx County, New Mexico (the “Official Records”), the Memorandum of Transfer on or after the Transfer Date.
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Transfer of Common Facilities. (a) Prior to the occurrence of the Transfer Date, (i) Stillwater is the sole owner of the Common Facilities and (ii) Developer shall have no right to utilize the Common Facilities other than in connection with the interconnection of the Additional Phase to the Common Facilities (the “Additional Phase Connection”) in accordance with the terms set forth herein. (b) If and when the Transfer Date occurs, Stillwater shall automatically Transfer to Developer a portion of its interest in and to the Common Facilities such that, as of the Transfer Date, each of Stillwater and Developer shall have an undivided interest, as tenant in common with each of the other Parties, in and to the Common Facilities in the amount equal to the Project Percentage Interest of such Party, as applicable, effective as of the Transfer Date. The undivided interests so Transferred shall be memorialized by Developer’s recording of the Memorandum of Transfer in the form attached hereto as Exhibit B-1, executed and acknowledged on the Transfer Date, in original and delivered in original which shall be retained in its original by Developer for recording. Developer shall record, in the official real property records of Stillwater County, Montana (the “Official Records”) the Memorandum of Transfer on or after the Transfer Date.

Related to Transfer of Common Facilities

  • Common Facilities Common Facilities" (sometimes referred to herein as "Common Areas") means all areas, facilities, utilities, equipment and services provided by Landlord for the common use or benefit of the occupants of the Center and their employees, agents, customers and other invitees, including without limitation, if the same exist: building lobbies, common corridors and hallways, restrooms, pedestrian walkways, driveways and access roads, access facilities for disabled persons (including elevators), truck serviceways, loading docks, garages, driveways, parking lots, landscaped areas, stairways, elevators, retaining walls, all areas required to be maintained under the conditions of governmental approvals for the Center, and other generally understood public or common areas. All Common Facilities shall at all times be subject to the exclusive control and management of Landlord. Landlord reserves the right to relocate, alter, improve, or adjust the size and location of any Common Facilities from time to time without liability to Tenant. Landlord shall have the right from time to time to establish, modify and enforce reasonable rules and regulations with respect to the Common Facilities. Landlord shall have the right to construct, maintain and operate lighting facilities on the Common Facilities; to police the same; from time to time to change the area, level, location and arrangement of parking areas and other facilities; to restrict parking by tenants, their officers, agents and employees to employee parking areas; to close all or any portion of the Common Facilities to such extent; to close temporarily all or any portion of the Common Facilities for any reason, including for the purpose of preventing a dedication thereof or the accrual of any rights to any person or the public therein; and to do and perform such other acts in and to the Common Facilities which Landlord shall determine, using good business judgment, to be advisable to improve the convenience and use thereof by tenants, their officers, agents, employees and customers. Subject to the foregoing, all Common Facilities not within the Premises, which Tenant may use under a revocable license, on a nonexclusive basis in common with other tenants, and if any such license is revoked, or if the amount of such areas is diminished, Landlord shall not be subject to any liability and Tenant shall not be entitled to any compensation or abatement of rent, nor shall such revocation or diminution be deemed constructive or actual eviction.

  • System Protection Facilities Developer shall, at its expense, install, operate and maintain System Protection Facilities as a part of the Large Generating Facility or Developer’s Attachment Facilities. Connecting Transmission Owner shall install at Developer’s expense any System Protection Facilities that may be required on the Connecting Transmission Owner’s Attachment Facilities or the New York State Transmission System as a result of the interconnection of the Large Generating Facility and Developer’s Attachment Facilities.

  • Use of Interconnection Facilities by Third Parties 494950 9.9.1 Purpose of Interconnection Facilities 494950 9.9.2 Third Party Users. 50 9.10 Disturbance Analysis Data Exchange. 50 ARTICLE 10. MAINTENANCE 50 10.1 Participating TO Obligations. 50 10.2 Interconnection Customer Obligations. 50 10.3 Coordination 505051

  • Interconnection Facilities 4.1.1 The Interconnection Customer shall pay for the cost of the Interconnection Facilities itemized in Attachment 2 of this Agreement. The NYISO, in consultation with the Connecting Transmission Owner, shall provide a best estimate cost, including overheads, for the purchase and construction of its Interconnection Facilities and provide a detailed itemization of such costs. Costs associated with Interconnection Facilities may be shared with other entities that may benefit from such facilities by agreement of the Interconnection Customer, such other entities, the NYISO, and the Connecting Transmission Owner. 4.1.2 The Interconnection Customer shall be responsible for its share of all reasonable expenses, including overheads, associated with (1) owning, operating, maintaining, repairing, and replacing its own Interconnection Facilities, and

  • PUBLIC FACILITIES Supplier’s employees may be required to perform work at government- owned facilities, including schools. Supplier’s employees and agents must conduct themselves in a professional manner while on the premises, and in accordance with Participating Entity policies and procedures, and all applicable laws.

  • Participating TO’s Interconnection Facilities The Participating TO shall design, procure, construct, install, own and/or control the Participating TO’s Interconnection Facilities described in Appendix A at the sole expense of the Interconnection Customer. Unless the Participating TO elects to fund the capital for the Participating TO’s Interconnection Facilities, they shall be solely funded by the Interconnection Customer.

  • Interconnection Facility Options The Intercarrier Compensation provisions of this Agreement shall apply to the exchange of Exchange Service (EAS/Local) traffic between CLEC's network and Qwest's network. Where either Party acts as an IntraLATA Toll provider, each Party shall xxxx the other the appropriate charges pursuant to its respective tariff or price lists. Where either Party interconnects and delivers traffic to the other from third parties, each Party shall xxxx such third parties the appropriate charges pursuant to its respective tariffs, price lists or contractual offerings for such third party terminations. Absent a separately negotiated agreement to the contrary, the Parties will directly exchange traffic between their respective networks without the use of third party transit providers.

  • Purpose of Interconnection Facilities Except as may be required by Applicable Laws and Regulations, or as otherwise agreed to among the Parties, the Interconnection Facilities shall be constructed for the sole purpose of interconnecting the Large Generating Facility to the Participating TO’s Transmission System and shall be used for no other purpose.

  • Access to Facilities Each of the Company and each of its Subsidiaries will permit any representatives designated by the Purchaser (or any successor of the Purchaser), upon reasonable notice and during normal business hours, at such person's expense and accompanied by a representative of the Company, to: (a) visit and inspect any of the properties of the Company or any of its Subsidiaries; (b) examine the corporate and financial records of the Company or any of its Subsidiaries (unless such examination is not permitted by federal, state or local law or by contract) and make copies thereof or extracts therefrom; and (c) discuss the affairs, finances and accounts of the Company or any of its Subsidiaries with the directors, officers and independent accountants of the Company or any of its Subsidiaries. Notwithstanding the foregoing, neither the Company nor any of its Subsidiaries will provide any material, non-public information to the Purchaser unless the Purchaser signs a confidentiality agreement and otherwise complies with Regulation FD, under the federal securities laws.

  • CONNECTING TRANSMISSION OWNER’S INTERCONNECTION FACILITIES As depicted on the one-line diagram in Attachment 3, the Connecting Transmission Owner’s Interconnection Facilities consist of the following constructed or installed between the POI and PCO, as well as metering and telecommunications located at the Bakerstand Solar Collector Substation.

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