Assignment of Rights against Utility Companies Sample Clauses

Assignment of Rights against Utility Companies. 20 In the event of bona fide claims on behalf of Developer for wrongful actions or 21 inactions of a Utility Company within the Project ROW, ADOT agrees that, upon receipt 22 of a written request from Developer, ADOT will reasonably consider assigning to 23 Developer ADOT’s rights of recovery, as such may exist, under any existing agreement 24 between ADOT and a Utility Company, including any utility permits, utility relocation 25 agreements, or other agreements.
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Assignment of Rights against Utility Companies. 4 In the event of bona fide claims on behalf of Developer for wrongful actions or 5 inactions of a Utility Company within the Project ROW, ADOT agrees that, upon receipt 6 of a written request from ▇▇▇▇▇▇▇▇▇, ADOT will reasonably consider assigning to 7 Developer ADOT’s rights of recovery, as such may exist, under any existing agreement 8 between ADOT and a Utility Company, including any utility permits, utility relocation 9 agreements, or other agreements.
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Assignment of Rights against Utility Companies. 2 In the event of bona fide claims on behalf of Developer for wrongful actions or 3 inactions of a Utility Company within the Project ROW, ADOT agrees that, upon receipt 4 of a written request from Developer, ADOT in its reasonable discretion will assignwill 5 reasonably consider assigning to Developer ADOT’s rights of recovery, as such may 6 exist, under any existing agreement between ADOT and a Utility Company, including 7 any utility permits, utility relocation agreements, or other agreements. 8 5.10.11 Utility Services 17 Capital Asset Replacement Work. 18 5.10.11.2 Developer shall pay for the:
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Assignment of Rights against Utility Companies. In the event of bona fide claims on behalf of Developer for wrongful actions or inactions of a Utility Company within the Project ROW, ADOT agrees that, upon receipt of a written request from Developer, ADOT will reasonably consider assigning to Developer ADOT’s rights of recovery, as such may exist, under any existing agreement between ADOT and a Utility Company, including any utility permits, utility relocation agreements, or other agreements.
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Assignment of Rights against Utility Companies. 4 In the event of bona fide claims on behalf of Developer for wrongful actions or 5 inactions of a Utility Company within the Project ROW, ADOT agrees that, upon receipt 6 of a written request from ▇▇▇▇▇▇▇▇▇, ADOT will reasonably consider assigning to 7 Developer ADOT’s rights of recovery, as such may exist, under any existing agreement 8 between ADOT and a Utility Company, including any utility permits, utility relocation 9 agreements, or other agreements.
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Related to Assignment of Rights against Utility Companies

  • Fifth Amended and Restated Limited Liability Company Operating Agreement Dated as of November 30, 2012

  • Certification of Limited Liability Company and Limited Partnership Interests Each interest in any limited liability company or limited partnership controlled by any Grantor and pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

  • Amendment of Limited Liability Company Agreement (a) Except as otherwise provided in this Section 8.1, this Agreement may be amended, in whole or in part, with: (i) the approval of the Board (including the vote of a majority of the Independent Directors, if required by the ▇▇▇▇ ▇▇▇) without the Members approval; and (ii) if required by the 1940 Act, the approval of the Members by such vote as is required by the ▇▇▇▇ ▇▇▇. (b) Any amendment that would: (i) increase the obligation of a Member to make any contribution to the capital of the Company; (ii) reduce the Capital Account of a Member other than in accordance with Article V; or (iii) modify the events causing the dissolution of the Company; may be made only if (i) the written consent of each Member adversely affected thereby is obtained prior to the effectiveness thereof or (ii) such amendment does not become effective until (A) each Member has received written notice of such amendment and (B) any Member objecting to such amendment has been afforded a reasonable opportunity (pursuant to such procedures as may be prescribed by the Board) to tender its entire Interest for repurchase by the Company. (c) The power of the Board to amend this Agreement at any time without the consent of the other Members as set forth in paragraph (a) of this Section 8.1 shall specifically include the power to: (i) restate this Agreement together with any amendments hereto that have been duly adopted in accordance herewith to incorporate such amendments in a single, integrated document; (ii) amend this Agreement (other than with respect to the matters set forth in Section 8.1(b) hereof) to effect compliance with any applicable law or regulation or to cure any ambiguity or to correct or supplement any provision hereof that may be inconsistent with any other provision hereof; and (iii) amend this Agreement to make such changes as may be necessary or advisable to ensure that the Company will not be treated as an association or a publicly traded partnership taxable as a corporation as defined in Section 7704(b) of the Code for U.S. federal income tax purposes. (d) The Board shall cause written notice to be given of any amendment to this Agreement to each Member, which notice shall set forth (i) the text of the proposed amendment or (ii) a summary thereof and a statement that the text of the amendment thereof will be furnished to any Member upon request.

  • Formation of Limited Liability Company The Company was formed on January 13, 2017, pursuant to the Delaware Limited Liability Company Act, 6 Del. C. § 18-101, et seq., as amended from time to time (the “Delaware Act”), by the filing of a Certificate of Formation of the Company with the office of the Secretary of the State of Delaware. The rights and obligations of the Member and the administration of the Company shall be governed by this Agreement and the Delaware Act. To the extent this Agreement is inconsistent in any respect with the Delaware Act, this Agreement shall control.

  • Assignment of Rights Borrower acknowledges and understands that Agent or Lender may, subject to Section 11.7, sell and assign all or part of its interest hereunder and under the Loan Documents to any Person or entity (an “Assignee”). After such assignment the term “Agent” or “Lender” as used in the Loan Documents shall mean and include such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Agent and Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, Agent and Lender shall retain all rights, powers and remedies hereby given. No such assignment by Agent or Lender shall relieve Borrower of any of its obligations hereunder. Lender agrees that in the event of any transfer by it of the Note(s)(if any), it will endorse thereon a notation as to the portion of the principal of the Note(s), which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.