Examples of Phasing Plan in a sentence
The preliminary Backbone Infrastructure for the Master Property, subject to adjustment based on the Assessments and Phasing Plan in effect from time to time, is attached hereto as Exhibit C.
If ASLD elects to auction any portion of the Master Property out-of-sequence or outside of the Phasing Plan approved by the City and ASLD, the City will have no obligation to construct the Backbone Infrastructure for such Phase, but may, in its sole discretion, enter into a reimbursement agreement with the successful bidder for construction costs of all or a portion of the Backbone Infrastructure incurred by the successful bidder.
Prior to any Auction, City may file with ASLD an application for a right of entry and temporary construction easement (a “Right of Entry”) associated with a mid-term access/utilities right of way (a “Right of Way”) for portions of the Master Property to construct and install Backbone Infrastructure Items pursuant to the approved Phasing Plan and improvement plans and specifications approved by the City in its municipal capacity.
Based upon such Assessments, ASLD and the City will use commercially reasonable good faith efforts to jointly agree from time to time upon the Phasing Plan for all or any portion of the Master Property.
The Phasing Plan may be modified from time to time based on changes to the factors previously considered for the Assessments at the request of either Party and subject to the good faith negotiations of the City and ASLD.