Future Expansion definition
Examples of Future Expansion in a sentence
To the Knowledge of ABI, the construction and development required to implement the Future Expansion will not cause or result in any material interruption nor would it reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect on the Current Production.
The present use and operation of the Plant Property, and to the Knowledge of ABI, the Future Expansion, does not constitute a non-conforming use and is not subject to a variance.
To the Knowledge of ABI, the Land is presently comprised of sufficient additional acreage and, as of the Closing Date, has the necessary water, sewer, gas, electric, communications, telephone, irrigation, drainage and wastewater facilities and all other utilities required by Law and otherwise sufficient to allow for the Future Expansion (assuming that sufficient capital expenditures shall have been made, and the necessary Permits shall have been obtained, in order to give effect to the Future Expansion).
Commencement of construction of the Block 105 Future Expansion shall take place at a time reasonably determined by Developer based upon market conditions.
Same provisions as to parking set forth above for the production and receiving areas shall also apply with respect to the right of first refusal premises identified as the Future Expansion on Exhibit "A".
Lessee shall have a period of thirty (30) days within which to exercise its right of first refusal to lease the Future Expansion Premises upon the terms and conditions of this Lease, but at a rate as acceptable to the proposed third party tenant.
No portion of the Block 105 Future Expansion shall be construed as “public construction” and, as such, the Developer shall not be required to comply with Wisconsin law governing public construction, including but not limited to Wis.
The Developer shall be solely responsible for all pre- development costs associated with the Block 105 Future Expansion, including, without limitation, architectural, engineering, planning and design fees; legal, accounting and other professional fees; and any, filing or other development fees.
Upon the exercise of right of first refusal by Lessee to the Future Expansion premises, Lessor agrees to construct loading docks to accommodate this space in the same proportion to that of the Leased Premises as directed by Lessee.
If, however, the Lessor has available space in the Future Expansion Premises, but has not received a bona fide offer from a third party to lease said Premises, Lessee may lease that space in addition to the Premises described herein.