Future Construction Clause Samples
The "Future Construction" clause defines how the parties will handle any construction or development that may occur after the initial agreement is executed. Typically, this clause outlines the procedures for approving, planning, and implementing additional construction, such as expansions or modifications to existing structures. It may specify requirements for notice, consent, or compliance with certain standards. The core function of this clause is to provide a clear framework for managing future building activities, thereby reducing uncertainty and potential disputes about how such projects should proceed.
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Future Construction. Tenant acknowledges that, as more particularly provided below, the development of the Project is continuing and may, at Landlord's election, include the construction of additional buildings and improvements within the Project, including in areas which currently constitute Common Areas. Tenant is entering into this Lease with a full understanding of the possible ramifications/effects of such future development work on its tenancy and the rental charged hereunder takes such factors into account. Tenant further acknowledges and agrees that Landlord may, from time to time, at its sole election, construct (including, without limitation, additional buildings), reconstruct (including without limitation the replacement of certain improvements with other improvements), improve (including tenant improvements), modify, expand, or otherwise alter the Project (collectively, "Construction Work"), or portions thereof (in no event however will Landlord have any obligation to do so). Tenant acknowledges that any such Construction Work will necessarily involve, among other things, the generation of noise, dust, and vibrations, barricading portions of the Project and the placement of scaffolding within the Project, demolition, structural alterations, storage of materials and equipment within the Project, and the presence of workmen within the Project, all of which may require the rearrangement of the Common Areas, including, without limitation, landscaping, parking areas (which may include the provision of temporary parking areas during periods of construction), roadways, lighting facilities, and the re-direction of vehicular and pedestrian traffic. Additionally, it is anticipated that the parking structure serving the Premises may be closed during the construction of further improvements above such parking structure. The results of such closure will include, among other things, the temporary relocation of Tenant's parking from the parking structure to other portions of the Project or to nearby property. Further, Landlord hereby reserves such licenses and easements in, on, above or below the Premises as may be reasonably required (i) for the installation, inspection, surveying, maintenance, or construction of mains, conduits, shafts, columns, footings, piers, pipes or other facilities to serve any building within the Project, or (ii) for any Construction Work; provided, however, Landlord will use its good faith efforts to minimize any unreasonable interference with Tenant's ...
Future Construction. If during the term of this lease, Lessor and Lessee agree that Lessor shall construct and provide any additions to the building, Lessee agrees to pay Lessor an additional monthly rental in the sum of 1.25% of the total cost of the addition. This amount will be paid for the remaining of the lease and shall further be subject to the Consumer Price Index annual adjustment. Further, all other provisions of the lease will apply to the addition including but not limited to tax obligations, insurance obligations, repairs an maintenance obligations of Lessee.
Future Construction. Buyer acknowledges that construction activity at the Condominium may continue after the Closing and occupancy of any Unit by Buyer. Buyer agrees to make no claim against the Seller or its contractors, subcontractors, suppliers, agents or employees and hereby releases and discharges Seller, its contractors, subcontractors, suppliers, agents and employees for, from and against all claims, demands, liabilities, costs or expenses, including reasonable attorneys' fees and court costs, arising as a result of such construction activity.
Future Construction. Except as described on Exhibit 4.19, Seller has entered into no agreements, including oral agreements or understandings regarding the development of future or pending construction of facilities in connection with the Hospital.
Future Construction. With respect to any future construction at the Premises, however, the Lessee may be required to pay to the Port Authority a fee or deposit in connection with the Port Authority’s review and approval of any Construction Application (and any proposed changes, modifications or revisions thereto). Such fee would be in lieu of any other building permit or other similar fee customarily charged by the City or the Port Authority for similar reviews or approvals. The foregoing fee would be payable to the Port Authority at the time the Construction Application (or proposed change, modification or revision) is submitted to the Port Authority for approval.
Future Construction. In the event that there is Additional Construction at the Stadium after completion of the Expansion Project, the Oversight Committee, described in Section 4.1 below, may recommend a new community outreach plan and a new construction mitigation plan with respect to the Additional Construction and may recommend changes in this Stadium GNA and the CTMP. Changes to this Stadium GNA and the CTMP require City Council Action and must follow the notification process specified in Section 7. If the Oversight Committee recommends a new community outreach plan and a new construction mitigation plan, Peregrine will prepare such plans and submit them to the Oversight Committee and City for approval pursuant to Section 2.2 so that the approved plans are in place prior to commencing Additional Construction.
Future Construction. The ▇▇▇▇▇▇ Defendants have agreed that two multifamily projects currently in development and/or construction shall be reviewed or inspected for compliance with the FHAA’s design and construction requirements as follows:
Future Construction. Shipper may request in writing that Gatherer construct additional laterals and pipeline extensions (“Future Construction”) to connect future CDPs within the Acreage to the Gathering Systems. Gatherer shall work diligently to complete the Future Construction as promptly as commercially reasonable. Additionally, upon securing the required rights-of-way and governmental or regulatory permits, Gatherer shall use commercially reasonable efforts to insure any Future Construction is completed within a timeframe allotting [***] ([***]) weeks for each mile of pipeline to be constructed; provided, that any pipeline of [***]. In the event that Gatherer does not complete the Future Construction within the time periods described above, and, as a result of such failure, any of Shipper’s CDPs is “waiting on pipeline”, then Gatherer shall credit Shipper’s Service Fee by [***]% for such CDP for an equivalent time period for which the affected CDP was waiting on pipeline. For purposes of this Section 3.3(a), “waiting on pipeline” means that the affected CDP is not operational and able to accept the Dedicated Gas [***] ([***]) Days following the first Day that both (x) Shipper’s construction responsibilities related to such CDP and upstream well are complete and (y) Shipper fractures the well connected upstream of such CDP.
Future Construction. Services related to this Agreement may require ongoing investment in infrastructure by Operator. Operator investments which result in permanent buildings or structures become part of the real property of the location shall belong to the City following termination of this Agreement. Specific written authorization by the City is required prior to Operator initiating improvements to the real property. At the time that a project is proposed for consideration, the application of any provisions similar to Section 3.2 for Operator recovery of value following the termination of this Agreement shall be addressed and documented as part of that process. Absent any specific documentation otherwise, no compensation to the Operator shall be due by the City for projects where documentation does not exist. In the event that Operator proposes to undertake significant new private investment in the premises with the consent of the City, such investment will not result in automatic extension of the term of this Agreement, and instead parties must negotiate an Amendment to this Agreement. In any such negotiations, the City will consider the feasibility of extension of the term based upon the amount of investment, the benefit to the City and the existing length of the term of the Agreement.
Future Construction. City agrees to construct its water main at a depth sufficient to enable future development of Homestead Street according to the current concept plan.