Examples of Tap Purchase Agreement in a sentence
The Tap Purchase Agreement shall be executed by Rangeview and Purchaser on or before the date of the First Closing.
During the Due Diligence Period, Purchaser shall negotiate in good faith to reach agreement with Rangeview on terms and provisions of a Tap Purchase Agreement (the "Tap Purchase Agreement") in which Rangeview agrees to sell to Purchaser, and Purchaser agrees to purchase from Rangeview, a water and sewer tap for each Lot in accordance with an agreed-upon purchase schedule, but in no event later than the issuance of a building permit for a Lot.
Taps purchased as a requirement of a Tap Purchase Agreement are subject to the surcharge as defined in the Tap Purchase Agreement.
Pursuant to the Tap Purchase Agreement, Rangeview will agree to sell to Purchaser, and Purchaser will agree to purchase from Rangeview, a water and sewer tap for each Lot in accordance with an agreed-upon purchase schedule, but in no event later than the issuance of a building permit for a Lot.
As used in this Agreement, the words defined below and capitalized throughout the text of this Agreement shall have the respective meanings set forth below: Agreement: This Tap Purchase Agreement and any amendment to it made in accordance with Section 6.9 below.
If Rangeview and Purchaser agree upon a Tap Purchase Agreement before the expiration of the Due Diligence Period, they shall prepare and execute an amendment to this Contract to set forth and attach to this Contract the agreed-upon Tap Purchase Agreement and execute the Tap Purchase Agreement on or before the date of the First Closing.
If Rangeview and Purchaser agree upon a Tap Purchase Agreement before the expiration of the Due Diligence Period, they shall prepare and execute an amendment to this Contract to set forth the agreed-upon Tap Purchase Agreement and execute the Tap Purchase Agreement on or before the date of the First Closing.
If Rangeview and Purchaser are unable to agree on a Tap Purchase Agreement before the expiration of the Due Diligence Period, this Contract shall terminate and the Deposit shall be promptly returned to Purchaser, Purchaser shall deliver to Seller (or destroy) all information and materials pertaining to the Property provided by Seller and thereafter the parties shall have no further rights or obligations under this Contract except as otherwise provided in Section 24 below.
Ms. Hauver presented a packet of legal documents for the upcoming Sheetz expansion, including: Standard Public Works Agreement for Grading, Sediment and Erosion Control and Stormwater Management and Roads/Utilities, letter of credit, stormwater management easement, and Standard Water Tap Purchase Agreement.
Any person or entity seeking inclusion or development of property within the District shall comply with the terms of this section, and may be required to enter into a Tap Purchase Agreement.