Existing Utility Property Interest definition

Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or an easement) claimed by a Utility Owner as the source of its right to maintain an existing Utility in such real property, which is compensable in eminent domain.
Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or
Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or an easement) claimed by a Utility Owner as the source of its right to maintain an existing Utility in such real property, which is compensable in eminent domain. Expendable Materials shall mean construction materials (e.g. wood, steel, concrete and re-bar) and equipment (e.g. shovels, power tools, office equipment or computers) that are completely incorporated into the Development Work or have no salvage value at completion of the Development Work. Federal Requirements shall mean the provisions required to be part of federal-aid construction contracts, including the provisions set forth in Exhibit E to this Agreement. Final Acceptance or Project Final Acceptance or Final Contract Acceptance or Final Construction Acceptance shall mean the occurrence of all of the events and satisfaction of all of the conditions set forth in Section 20.2 of this Agreement for final acceptance of the Project.

Examples of Existing Utility Property Interest in a sentence

  • Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or an easement) claimed by a Utility Owner as the source of its right to maintain an existing Utility in such real property, which is compensable in eminent domain.

  • Escrowed Proposal Documents has the meaning set forth in Section 21.1. Event of Default has the meaning set forth in Section 16.2.1. Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or an easement) claimed by a Utility Owner as the source of its right to maintain an existing Utility in such real property, which is compensable in eminent domain.

  • If the Owner does not acquire a Replacement Utility Property Interest for the affected Owner Utility, the DB Contractor shall compensate the Owner for the DB Contractor’s share of the market value of such relinquished Existing Utility Property Interest, as mutually agreed between the Owner and the DB Contractor and supported by a written valuation.

  • For each Existing Utility Property Interest located within the Project right of way, upon completion of the related Adjustment work and its acceptance by the Owner, the Owner agrees to execute a quitclaim deed or other appropriate documentation relinquishing such Existing Utility Property Interest to TxDOT, unless the affected Owner Utility is remaining in its original location or is being reinstalled in a new location within the area subject to such Existing Utility Property Interest.

  • A Utility Joint Use Acknowledgment is required where an Existing Utility Property Interest exists and the existing or proposed Utility will remain or be adjusted within the boundaries of the Existing Utility Property Interest.

  • Any difference in the rights between the Existing Utility Property Interest forms and the easement forms provided by the City are NOT to be considered “Betterments.

  • Erosion and Sediment Control Manager has the meaning set forth in Section 1.3 of the Technical Provisions Escrowed Proposal Documents has the meaning set forth in Section 21.1.Event of Default has the meaning set forth in Section 16.2.1. Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or an easement) claimed by a Utility Owner as the source of its right to maintain an existing Utility in such real property, which is compensable in eminent domain.

  • All quitclaim deeds or other relinquishment documents shall be subject to Mobility Authority's reasonable approval provided, however such documents shall release the City’s interests in the Existing Utility Property Interest on an "as-is, where-is" basis and the City shall not be required to give any warranty of title.

  • DB Contractor understands and expects that a Utility Owner will not relinquish any Existing Utility Property Interest until after the Utility Adjustment has been accepted by the Utility Owner in its new location.

  • The compensation provided to the City pursuant to this Article 4.C.1 shall constitute complete compensation to the City for the relinquished Existing Utility Property Interest and any Replacement Utility Property Interest, and no further compensation shall be due to the City the Mobility Authority on account of such Existing Utility Property Interest or Replacement Utility Property Interest(s).


More Definitions of Existing Utility Property Interest

Existing Utility Property Interest means any right, title or interest in real property (e.g., a fee or an easement) claimed by a Utility Owner as the source of its right to maintain an existing Utility in such real property, which is compensable in eminent domain. Expendable Materials shall mean: (a) tangible personal property that loses its distinct and separate identity when incorporated into real property (examples include framing lumber, bricks, steel, re-bar, concrete) and (b) consumable items, defined as nondurable tangible personal property that is used to improve real property and that, after being used once for its intended purpose, is completely used or destroyed so that it has no salvage value (examples include non-reusable concrete forms, non-reusable drop cloths, barricade tape, natural gas, and electricity).

Related to Existing Utility Property Interest

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Qualifying utility means an electric utility, as the term

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Excluded Personal Property has the meaning specified in Section 2.2(g).

  • Transmitting utility means a person primarily engaged in the business of:

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

  • Existing use means a use actually attained in a surface water of the state on or after November 28, 1975, whether or not it is a designated use.

  • Residential property means improved property that:-

  • Security Property means all right, title and interest in, to and under any Security Document, including: