DEVELOPER’S SECURITY FOR CONSTRUCTION OBLIGATIONS Clause Samples

DEVELOPER’S SECURITY FOR CONSTRUCTION OBLIGATIONS. To secure Developer’s obligation to construct the Water Facilities, Developers and the Authority shall enter into a Water Facilities Escrow Agreement which Agreement shall adhere to the provisions of 53 PA ▇.▇▇. § 5607(d)(23) regarding the posting of security and the release of same.
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DEVELOPER’S SECURITY FOR CONSTRUCTION OBLIGATIONS. To secure Developers’ obligation to construct the Sewage Facilities, Developers and the Authority shall enter into a Sewage Facilities Escrow Agreement which Agreement shall adhere to the provisions of 53 PA C.S.A. § 5607(d)(23) regarding the posting of security and the release of same.
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Related to DEVELOPER’S SECURITY FOR CONSTRUCTION OBLIGATIONS

  • Conditions Precedent to Obligations of Each Party The obligations of each Party to effect the Merger and otherwise consummate the Contemplated Transactions to be consummated at the Closing are subject to the satisfaction or, to the extent permitted by applicable Law, the written waiver by each of the Parties, at or prior to the Closing, of each of the following conditions:

  • Cooperation obligations The Parties undertake to cooperate to allow the timely submission, examination, publication and defence of any dissertation or thesis for a degree that includes their Results or Background subject to the confidentiality and publication provisions agreed in this Consortium Agreement.

  • Covenants and Conditions; Construction of Agreement All provisions of this Lease to be observed or performed by Lessee are both covenants and conditions. In construing this Lease, all headings and titles are for the convenience of the Parties only and shall not be considered a part of this Lease. Whenever required by the context, the singular shall include the plural and vice versa. This Lease shall not be construed as if prepared by one of the Parties, but rather according to its fair meaning as a whole, as if both Parties had prepared it.

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligation of Seller to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, on or before the Closing Date hereunder, of each of the following conditions, all or any of which may be waived, in whole or in part, by Seller.

  • Exception to Obligations Neither Party's obligations under this Section shall apply to the extent the infringement is caused by: (i) modification of the facilities or equipment (including software) by the indemnitee; (ii) use by the indemnitee of the facilities or equipment (including software) in combination with equipment or facilities (including software) not provided or authorized by the indemnitor, provided the facilities or equipment (including software) would not be infringing if used alone; (iii) conformance to specifications of the indemnitee which would necessarily result in infringement; or (iv) continued use by the indemnitee of the affected facilities or equipment (including software) after being placed on notice to discontinue use as set forth herein.