Deemed Abandonment definition

Deemed Abandonment means the failure to complete the Project on or before the Project Completion Date in the opinion of Ontario, acting reasonably.
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Deemed Abandonment means the failure to complete the Project on or before the Project Completion Date;
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Deemed Abandonment is deemed to have occurred if no equipment or antennas are installed on any Tower and neither Declarant nor any party claiming by, through, or under Declarant, has taken any noticeable, significant or affirmative actions to use or enjoy the Easements for a period of two (2) consecutive years. Declarant shall have the absolute right to remove the Tower and any improvements on the Tower Easement Premises at any time during the Term of the Easement. Within ninety (90) days after the expiration or earlier termination of the Easement, Declarant shall have the option to remove all above-ground improvements. Declarant shall be at all times entitled to abandon all other footings, foundations, and other below-ground improvements in place, provided such abandonment must be (a) compliant with all laws and effect; (b) done in compliance with the existing best practices in the industry in a first class manner. .
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Examples of Deemed Abandonment in a sentence

  • As an optional consideration, CUSTOMER may pay the surcharge, as noted in Schedule A, to increase the amount of damages recoverable against MLP to $2,000,000.00 (two million dollars).

  • Grantor and Declarant acknowledge and agree that this Declaration shall terminate on December 31, 2068, and thereafter the Declaration shall be automatically extended for consecutive three (3) year periods unless a Deemed Abandonment (defined below) occurs.

  • The termination of this Agreement under this Section 11 shall constitute a Deemed Abandonment of Grantee’s Facilities and shall be subject to Section 5.2 hereof.

  • All full-time bargaining unit members shall receive a minimum of ½ hour uninterrupted duty-free unpaid lunch period which shall be scheduled approximately mid-shift.

  • If a Deemed Abandonment occurs and after thirty (30) days prior written notice to Declarant by a majority (in square footage) of the then owners of the Property, in the event Declarant has not recommenced or reacknowledged its use of the Easements within such thirty (30) day period, the Easements shall terminate and Declarant shall dismantle and remove the Tower pursuant to the terms herein.

  • In the event that any third party wishes to file a financing statement in respect of the Company’s assets, the Company will cause the third party to first deliver to the City a Priority and Subordination Agreement in the form attached as Schedule “E” prior to making any such filing, subordinating their interests to those of the City pursuant to the Dark Fibre Licence, Dark Fibre Transfer and Deemed Abandonment.


More Definitions of Deemed Abandonment

Deemed Abandonment has the meaning set out in Section 12.2 - Option Upon Expiry/Cancellation.
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