Examples of Richmond Facility in a sentence
The Buyer and the Seller also acknowledge and agree that the maximum aggregate amount by which any Maximum Amount set forth in any Development Agreement as of the date hereof or, if applicable, as may be hereafter agreed to for the Richmond Facility, the West Bloomfield Hills Facility or the Xxxxxxxxxx Facility, may be increased pursuant to the foregoing clause (I) (bb) is an amount equal to the Contingency Adjustment for such Development Project.
No special use permits, conditional use permits, variances or exceptions have been granted nor are any needed in order to construct the Richmond Facility in accordance with the Richmond Plans and Specifications or to operate the Richmond Facility in accordance with its Primary Intended Use.
During 2019, the Company commenced cultivation at the first greenhouse at its Richmond Facility and at the Verdélite Facility.
In addition, prior to the commencement of the construction of the Richmond Facility, the Seller shall provide the Buyer with a written certification identifying the Construction Permits and Contracts pertaining to the Richmond Facility.
The construction of the Richmond Facility in accordance with the Richmond Plans and Specifications and the use and operation of the Richmond Facility in accordance with its Primary Intended Use is permitted as a matter of right in such zone.
Additionally, the Company is expecting substantial new production from its Richmond Facility and Verdélite Facility and has entered into the supply agreement noted above to acquire 500 acres of outdoor grown hemp harvested in 2019 and 1,000 acres expected to be harvested in each of the next four years.
All Permits and Contracts that are required by any Governmental Authority or quasi-governmental authority or agency or are necessary for, or in connection with, the construction of the Development Projects (collectively, the "Construction Permits and Contracts"), other than the Construction Permits and Contracts relating to the Blue Xxxx Facility, the Richmond Facility, the West Bloomfield Hills Facility or the Xxxxxxxxxx Facility, are listed on EXHIBIT F attached hereto.
Both the Richmond Facility and the Verdélite Facility use purpose-built grow rooms that create highly controlled cultivation environments.
On the Closing Date, Xxxxxxxxx shall execute, deliver and arrange for the immediate recordation (which in any event shall take place within 1 Business Day of the Closing), in the appropriate jurisdictions, of the Xxxxx County Corporate Warranty Deed with respect to the Richmond Facility.
The Seller is in possession of all of the Personal Property, all of which is located at the Richmond Facility.