Offsite Utility Improvements definition
Examples of Offsite Utility Improvements in a sentence
In consideration of the financing by TSVI of the construction of portions of the Offsite Utility Improvements, TSVI shall not be obligated to pay new franchise fees or hook-up fees which are not currently imposed by the Village as of the Effective Date but which may in the future be imposed upon natural gas, electric and telecommunication (fiber optic) customers by the Village in connection with the provision of such utility services.
TSVI will not be charged such new fees until it is fully reimbursed for its contributions toward the Offsite Utility Improvements.
TSVI will be obligated to pay all applicable Franchise Fees once it is fully reimbursed for its contributions toward the Offsite Utility Improvements.
In lieu of paying such fees, ▇▇▇▇'s outstanding reimbursable balance for contributions toward Offsite Utility Improvements shall be reduced by an amount equal to the Franchise Fees at the time charged.
In lieu of paying such fees, TSVI's outstanding reimbursable balance for contributions toward Offsite Utility Improvements shall be reduced by an amount equal to the Franchise Fees at the time charged.