Development Pursuant to Village Property Clause Samples

Development Pursuant to Village Property. Concept Plan/Depot Drive Concept Plan. Developer shall be obligated to design and construct Depot Drive on a phased basis as each site is developed within the interior of the Village Property at no cost or expense to the Village, in accordance with the applicable ordinances and standard specifications of the Village for roadway construction, and pursuant to submittals reviewed and approved by the Village. Without otherwise limiting the generality of the foregoing, Developer shall construct Depot Drive in a manner consistent with the Village Property Concept Plan (subject to the modification thereof pursuant to Section 3.D.5. of this Agreement) and the specifications contained within the Depot Drive Concept Plan, a copy of which is attached hereto and incorporated herein by this reference as Exhibit E. Developer shall be permitted to construct Depot Drive on a phased basis as each site is developed, with the length of each such phase being equal to the entire Depot Drive frontage of the lots or other portions of the Village Property acquired and then sought to be developed by Developer hereunder. Developer and Village acknowledge that completion of the entire phase or phases of Depot Drive along the frontage of the lots or other portions of the Village Property then being developed shall be a condition to the Village’s obligations to issue certificates of occupancy for buildings or structures located on such lots or other portions of the Village Property. Upon completion of a given phase of Depot Drive, Developer shall take all actions necessary to dedicate, convey and transfer all right, title and interest in and to Depot Drive as improved to the Village, free and clear of any and all liens and encumbrances. In the event that the Developer acquires at least 5.00 buildable acres (exclusive of detention areas or areas to be improved with public roadways) of the Village Property and becomes obligated to construct the PEMA Facility, Developer shall become obligated to complete Depot Drive on a phased basis as each site is developed as hereinabove set forth, but in any event within 18 months of the issuance of the last certificate of occupancy for a building constructed by Developer on a lot or portion of the Village Property or prior to the expiration of 10 years from the date of this Agreement, and provided further, that this obligation to complete Depot Drive on a phased basis as each site is developed shall survive any termination of this Agreement. In the ...

Related to Development Pursuant to Village Property

  • Development of the Property Except as modified by this Agreement, the Development and the Property will be developed in accordance with all applicable local, state, and federal regulations, including but not limited to the City’s ordinances and the zoning regulations applicable to the Property, and such amendments to City ordinances and regulations that that may be applied to the Development and the Property under Chapter 245, Texas Local Government Code, and good engineering practices (the “Applicable Regulations”). If there is a conflict between the Applicable Regulations and the Development Standards, the Development Standards shall control.

  • Development of the Project 4.1 TSP's obligations in development of the Project: a. for procuring and maintaining in full force and effect all Consents, Clearances and Permits, required in accordance with Law for development of the Project; b. for financing, constructing, owning and commissioning each of the Element of the Project for the scope of work set out in Schedule 1 of this Agreement in accordance with: i. the Electricity Act and the Rules made thereof; ii. the Grid Code; iii. the CEA Regulations applicable, and as amended from time to time, for Transmission Lines and sub-stations: • the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007; • Central Electricity Authority (Technical Standards for construction of Electrical Plants and Electric Lines) Regulation, 2010; • Central Electricity Authority (Grid Standard) Regulations, 2010; • Central Electricity Authority (Safety requirements for construction, operation and maintenance of Electrical Plants and Electrical Lines) Regulation, 2011; • Central Electricity Authority (Measures relating to Safety and Electricity Supply) Regulation, 2010; • Central Electricity Authority (Technical Standards for Communication System in Power System Operation) Regulations, 2020. iv. Safety/ security Guidelines laid down by the Government; v. Prudent Utility Practices, relevant Indian Standards and the Law; not later than the Scheduled COD as per Schedule 2 of this Agreement; c. for entering into a Connection Agreement with the concerned parties in accordance with the Grid Code. d. for owning the Project throughout the term of this Agreement free and clear of any encumbrances except those expressly permitted under Article 15 of this Agreement; e. to co-ordinate and liaise with concerned agencies and provide on a timely basis relevant information with regard to the specifications of the Project that may be required for interconnecting the Project with the Interconnection Facilities; f. for providing all assistance to the Arbitrators as they may require for the performance of their duties and responsibilities; g. to provide to the Nodal Agency and CEA, on a monthly basis, progress reports with regard to the Project and its execution (in accordance with prescribed form) to enable the CEA to monitor and co-ordinate the development of the Project matching with the Interconnection Facilities; h. to comply with Ministry of Power order no. 25-11/6/2018 – PG dated 02.07.2020 as well as other Guidelines issued by Govt. of India pertaining to this; i. to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) orders issued by Ministry of Power vide orders No. 11/5/2018 - Coord. dated 28.07.2020 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard (Procuring Entity as defined in above orders shall deemed to have included Selected Bidder and/ or TSP). Also, to comply with Department of Expenditure, Ministry of Finance vide Order (Public Procurement No 1) bearing File No. 6/18/2019- PPD dated 23.07.2020, Order (Public Procurement No 2) bearing File No. 6/18/2019-PPD dated 23.07.2020 and Order (Public Procurement No. 3) bearing File No. 6/18/2019-PPD, dated 24.07.2020, as amended from time to time, regarding public procurement from a bidder of a country, which shares land border with India; j. to submit to Nodal Agency information in the prescribed format [To be devised by Nodal Agency] for ensuring compliance to Article 4.1 i) above. k. to comply with all its obligations undertaken in this Agreement. 4.2 Roles of the Nodal Agency in implementation of the Project: 4.2.1 Subject to the terms and conditions of this Agreement, the Nodal Agency shall be the holder and administrator of this Agreement and shall inter alia: a. appoint an Independent Engineer within 90 days of the Effective Date b. provide letters of recommendation to the concerned Indian Governmental Instrumentality, as may be requested by the TSP from time to time, for obtaining the Consents, Clearances and Permits required for the Project; c. coordinate among TSP and upstream/downstream entities in respect of Interconnection Facilities; and d. monitor the implementation of the Agreement and take appropriate action for breach thereof including revocation of guarantees, cancellation of Agreement, blacklisting etc e. provide all assistance to the Arbitrators as required for the performance of their duties and responsibilities; and f. perform any other responsibility (ies) as specified in this Agreement.

  • The Project The Project is the total construction of which the Work performed under the Contract Documents may be the whole or a part.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Marketing the Property In an effort to properly and efficiently market the Property, the Seller grants the following permissions to the Agency: (Initial ALL That Apply)