Xxxxxxx del Mar Phase I Project Sample Clauses

Xxxxxxx del Mar Phase I Project. This Project is ------------------------------- currently contemplated to be developed on a beachfront and bayfront piece of land with approximate 5 (five) acres surface, located at Isla xx Xxxxx, Panama, which will include but not be limited to, 3 four story condominium buildings, 1 three story condominium building, 1 six story condominium building and a marina, which Project and specifications will be set forth in a Business Plan to be prepared by the Parties pursuant to, and in accordance with, the Agreement.
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Xxxxxxx del Mar Phase I Project. CONTRIBUTION The Parties agree that with respect to the proposed Xxxxxxx del Mar Phase I Project, each Party, upon the Board and each Party approving a Business Plan for this Project, will contribute to the Joint Venture the following Joint Venture Contributions: 1. LBHI will contribute a beachfront and bayfront real estate property with an approximate 5 (five) acres located in Isla xx Xxxxx, Panama. The dollar value of such property shall be the FMV of the property. The meters, bounds, characteristics and other specifications for this Project shall be as provided in the Business Plan for this Project. 2. LBHI will contribute all information that it has to date (and/or obtains in the future), such as drawings, master(s) plan(s), environmental impact studies, boundary studies, topographical work, any core boring samples, data for geophysical work and any other work, papers, documents and or information performed in connection with or necessary for the development of Xxxxxxx del Mar Phase I Project according to the specifications to be mutually agreed by the Parties. 3. SDRI will contribute all architecture and design work, construction management, marketing and sales plans, marketing, sales and any other work, papers, documents and or information performed or to be performed in connection with or necessary for the development of this Project, as provided in a Business Plan. 4. SDRI will secure and/or obtain all the necessary funds to develop this Project whether through itself or through a third party.

Related to Xxxxxxx del Mar Phase I Project

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Design Development Phase INDICATE IN STATEMENT OF WORK “NOT APPLICABLE” IF SECTION IS NOT APPLICABLE 1.1.6.1. The ARCHITECT/ENGINEER shall prepare from the approved Schematic Design Studies, the Design Development Documents consisting of drawings (including at least architectural, landscaping, civil, structural, mechanical and electrical plans, building sections; and finish schedule), outline specifications following the Construction Specification Institute "CSI" Format and other necessary documents to fix and describe the size and character of the entire Project as to its site, structural, mechanical, and electrical systems, materials and other such essentials as may be appropriate, for and until approved by the State. 1.1.6.2. The ARCHITECT/ENGINEER shall conduct meetings with the State, Efficiency Vermont, and relevant members of the design team, to review the Design Development Documents for the purposes of furthering the energy efficiency objectives of the Project. 1.1.6.3. The ARCHITECT/ENGINEER shall prepare for the State a revised accounting of how the Project is responding to LEED criteria. 1.1.6.4. The ARCHITECT/ENGINEER shall submit to the State a revised Statement of Probable Construction Cost based thereon for and until approved by the State.

  • Construction Phase Services 3.1.1 – Basic Construction Services

  • Construction Phase Fee Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGSC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items: 9.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of Contractor.

  • Production Phase contract period in which the Development and the Production are to be performed.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Programming Phase Schematic Design Phase: 2.2.1.3. Design Development Phase:

  • Pre-Commencement Phase Services The services required to be provided by the Contractor for the Pre- Commencement Phase of the Project in accordance with the Contract Documents.

  • Phase 2 Phase 2 is expected to consist of Member Nodes and a select number of Nodes operated by non-Members. The non-Member Nodes will be required to comply with Node hosting terms as set forth by the Council, which may be amended from time to time (the “General Node Terms”).

  • Development Period The Contractor may commence pre-construction activities like utility shifting, boundary wall construction or any other activity assigned to the Contractor by the Authority to enable construction of the Project Highway immediately after signing of the Agreement, to the extent that such work is ready for execution. The Parties agree that these works may be taken up and completed to the extent feasible by the Contractor, before declaration of the Appointed Date, but no claim against the Authority for delay shall survive during this period and that the undertaking of these works by the Contractor shall not count towards the Scheduled Construction Period of the project which starts counting only from the Appointed Date. No construction activity of the Project Highway shall be undertaken during the development period.

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