Examples of HUPEG Entity in a sentence
The City covenants and agrees that Community Living Xxxxxxxx will vacate its current premises at 000 Xxxx Xxxxxxxxx no later than the 7th anniversary of the Execution Date to move into the accommodations provided or arranged by XXXXX and the applicable HUPEG Entity as aforesaid.
Without derogating from the foregoing, the applicable HUPEG Entity covenants and agrees to recognize and perform the obligations of the landlord under the Community Living Arrangements.
In addition, in the case of each Transaction, the applicable HUPEG Entity shall be responsible for, and shall pay, all HST payable in respect of any other amount it is required to pay pursuant to this Agreement.
HUPEG and each applicable HUPEG Entity acknowledge that the removal of a substantial number of parking spaces in an area in proximity to the Entertainment Venues will impact the availability of parking for the Entertainment Venues.
Furthermore, if the Closing of a particular Transaction occurs with HUPEG and/or any HUPEG Entity having actual knowledge of a Breach of Representation prior to the applicable Closing, HUPEG and each HUPEG Entity shall be deemed to have waived all rights to make, bring, commence, assert or pursue any Claim against the City for or in respect of, and to recover from the City any Losses incurred as a result of, such Breach of Representation.
HUPEG and each HUPEG Entity acknowledges that such covenant is a material term of this Agreement without which the City would not have agreed to enter into this Agreement or carry out the Transactions.
The City acknowledges and agrees that any reductions, payments or reimbursements under the Existing Tax Incremental Grant Program and the Extended Tax Incremental Grant Program are to be issued directly to HUPEG or the applicable HUPEG Entity.
Notwithstanding the foregoing, in the case of each Transaction, no HST shall be paid by HUPEG to the City with respect to the purchase price paid for the applicable Property sold to HUPEG if the applicable HUPEG Entity executes and delivers an HST Undertaking and Indemnity at the subject Closing.
This Section shall cease to apply to approvals, actions, decisions, waivers, consents, information, requests and notices that are required or permitted to be taken, given or made by or to a HUPEG Entity in respect of a Transaction that has closed or the Property that is the subject of a Transaction that has closed.