CPO Indemnity Agreement definition

CPO Indemnity Agreement means an agreement to be entered into on Today's Date between (1) the Council (2) the Partner and (3) the Guarantor in the form attached at Appendix 10 (as may be varied by agreement of the parties thereto)
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CPO Indemnity Agreement means an uncapped deed of indemnity in respect of the costs of the CPO relating to any Additional Property required for the Waterfront Central Development and/or Waterfront East Development (save, in respect of the Waterfront East Development only, where such CPO Indemnity Agreement shall relate to the Acquisition Pre-Purchase Costs only and shall not relate to the Acquisition Capital Costs) to be entered into between the Buyer and the Council as local planning authority in the form to be agreed by the Council in such capacity and the Buyer (each acting reasonably);
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Examples of CPO Indemnity Agreement in a sentence

  • The CPO Indemnity Agreement obliges PCRL to cover the costs of a CPO process.

  • SBC will require MSH to enter into a CPO Indemnity Agreement (“CPOIA”).The CPOIA will cover all of SBC’s costs in relation to the preparation, making, confirmation and implementation of any Compulsory Purchase Order.

  • As I have explained, under the CPO Indemnity Agreement (CPOIA) Land Securities will indemnify the Council in respect of the costs associated with the CPO, including land acquisition costs.

  • It must be noted all expenditure in the scheme is funded by BXT through the Project Agreement and CPO Indemnity Agreement.

  • However, any individual cost recoverable under the CPO Indemnity Agreement that exceeds £10,000 requires the approval of the developer, with any dispute to be referred to an independent expert.

  • Berkeley are committed to refund Phase 2 (and subsequent) historic costs of£2,39m (Exempt Appendix 1) and all future costs incurred by the Council in acquiring remaining Phase 2 properties, subject to an immediate ceiling of£8.45m (including historic costs of £2.39m) and a CPO Indemnity Agreement for the balance.

  • Should the developer consider that a CPO is required it can request the Council starts, and completes, the process but the developer will be liable for all costs of the CPO including compensation payments as provided for in the CPO Indemnity Agreement.

  • The Council should enter into the Development Agreement for Brookfield Riverside, sign the CPO Indemnity Agreement and agree the collaboration agreement with HCC in order to deliver one of the Council’s key corporate priorities.

  • Through the DA and the CPO Indemnity Agreement the Council has sufficient protection against costs arising out of the Project.

  • There is no cap upon the amount recoverable from the developer pursuant to the CPO Indemnity Agreement.

Related to CPO Indemnity Agreement