Future Road Improvements Clause Samples

Future Road Improvements. Section 13(b) of the Development Agreement is hereby deleted in its entirety and replaced with the following: (1) Foxbank shall provide a recent Traffic Impact Analysis upon execution of this Second Amendment. This TIA must incorporate all existing and permitted future development (i.e. Heartland Dental) and must be an 8 hour warrant analysis performed while school is in session and ▇▇▇▇▇▇’▇ is open. (2) At such time as the Property Owner applies for a building permit of 30,000 SF or more of gross floor area for one tenant. (3) At such time as the Property Owner reaches 25%, 50%, and 75% of the total acreage of 45.09 acres being developed. The analyses shall be reviewed by SCDOT and the Property Owner shall be responsible to construct any improvements or mitigations required by SCDOT at their own expense, but subject to reimbursement by the terms of paragraph 4, below. Property Owner agrees to construct a traffic signal at the Intersection, which meets the Town’s design for mast arms, subject only to SCDOT approval. Design, engineering, and construction of said signal must occur in a timely fashion. Upon the completion of the installation of the traffic signal, the Town or SCDOT shall accept, operate, and maintain the traffic signal, and the Property Owner shall be released from all obligations, responsibility and liability for the traffic signal. Any delay in intersection improvements caused by the Property Owner may result in the Town withholding permits or Certificates of Occupancy to projects located on the property. At such time as a Traffic Impact Analysis is required by this amendment, no building permits shall be issued for any projects on the property until such time as the analysis is complete, reviewed by SCDOT, and measures are in place to meet any required improvements or mitigations.
Future Road Improvements. The Town agrees that to safely and more effectively accommodate the pedestrian and vehicular traffic associated with the known development plans for the Town, including the Project, road improvements are a top priority. The Property Owner shall be responsible for site-specific improvements as identified in the traffic impact assessment for the Project. The Property Owner shall cooperate with the Town, Dorchester County, and the South Carolina Department of Transportation to plan for and implement off-site improvements, including the preservation and donation of rights-of-way on major roads.
Future Road Improvements. Future onsite and project access related offsite road improvements are intended as a part of completion of the Public Improvements. Certain onsite and project access related offsite public infrastructure improvements are intended to be funded, at the City’s discretion, with public financing as more fully described in paragraph 15 and this paragraph. The City and Developer will work cooperatively to identify and secure funding from federal, state, and local government sources to help secure funds for the offsite road improvements required by any traffic impact analysis.
Future Road Improvements. Property Owner acknowledges and agrees that is responsible for the design, construction, and installation for any roadway improvements required for the Development of the Project. Roads shall be constructed in accordance with Section 4.2 of the Development Guidelines.

Related to Future Road Improvements

  • Leasehold Improvements a. Tenant accepts the Premises “AS IS” without any agreements, representations, understandings or obligations on the part of Landlord to perform any alterations, repairs or improvements except as expressly set forth in this Lease. ADDITIONALLY, EXCEPT AS EXPRESSLY SET FORTH IN THIS LEASE, LANDLORD MAKES NO WARRANTIES, EXPRESS OR IMPLIED, AND ALL IMPLIED WARRANTIES WITH RESPECT TO THE PREMISES, INCLUDING WITHOUT LIMITATION THOSE OF SUITABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE HEREBY EXPRESSLY NEGATED AND WAIVED. b. Tenant agrees that it will make no exterior or structural alterations or additions to the Premises nor post or attach or affix to the exterior of the Premises, any signs, air conditioners or other objects without memorializing such proposed alterations, attachments, or fixtures in a Tenant work letter (in form acceptable to Landlord) and obtaining Landlord’s prior written consent to same. Notwithstanding the foregoing, Tenant shall have the right to make interior, non-structural alterations to the Premises without Landlord’s consent, so long as such alterations do not (i) affect the structure or electrical, plumbing, or mechanical systems of the Premises; or (ii) decrease the value of the Premises. Tenant shall be responsible for the cost of such alterations or signs. Tenant shall have the right to install its trade fixtures and equipment in, upon and about the Premises; provided, however, that Tenant shall remove the same on or before the expiration of this Lease, and if so requested by Landlord, promptly after any termination of this Lease; and provided, further, that Tenant shall promptly thereafter repair all damage caused to the Premises by reason of such installation or removal. c. Tenant shall indemnify and hold Landlord harmless from and against all costs (including reasonable attorneys’ fees and costs of suit), losses, liabilities, or causes of action arising out of or relating to any alterations, additions or improvements made by Tenant to the Premises, including, but not limited to, work not completed in a workmanlike manner and any contractor’s, mechanics’ or materialman’s liens asserted in connection therewith. This indemnification obligation shall survive the Term of this Lease. d. Should any contractor’s, mechanic’s or other liens be filed against any portion of the Premises by reason of Tenant’s acts or omissions or because of a claim against Tenant, Tenant shall cause the same to be canceled or discharged of record by bond or otherwise within thirty (30) days after notice by Landlord. If Tenant shall fail to cancel or discharge said lien or liens, within said thirty (30) day period, Landlord may, at its sole option, cancel or discharge the same and upon Landlord’s demand, Tenant shall promptly reimburse Landlord for all reasonable costs incurred in canceling or discharging such liens, including attorney fees in connection with same.

  • Landlord Improvements Prior to Tenant’s occupancy, Landlord shall complete the Landlord Improvements. Landlord shall use commercially reasonable efforts to complete the Landlord Improvements by the Anticipated Rent Commencement Date. (a) As of November 4, 2011, after consultation with Tenant, Landlord has provided Tenant with Landlord’s proposed plans and specifications (defined below in subpart (c))for the Landlord Improvements (such plans and specifications, as amended in accordance with the provisions of this Rider 101, are hereafter called “Plans and Specifications”). (b) The Plans and Specifications have been accepted by both Tenant and Landlord, the Plans and Specifications are incorporated herein by reference and made a part hereof for all purposes. (c) Landlord and Tenant acknowledge that the plans dated November 4, 2011, by Page ▇▇▇▇▇▇▇▇▇▇▇ Page, LLP have been approved by both parties and shall constitute the “Plans and Specifications.” (d) Promptly upon approval of the Plans and Specifications, Landlord has caused general contractors to bid for construction of the Landlord Improvements. All bids have been opened together, with Landlord selecting the general contractor with the lowest bid to construct the Landlord Improvements (the “General Contractor”), subject to the reasonable approval of Tenant. Landlord shall enter into a guaranteed maximum price construction contract with the General Contractor in the amount of its bid (the “Approved Bid”) and shall not modify such contract without Tenant’s consent, which shall not be unreasonably withheld, delayed or conditioned. Landlord and Tenant have reviewed the Plans and Specifications and the bids and have agreed upon the scope of work to be constructed at a cost of construction not to exceed the Landlord’s Contribution.

  • Building and Improvements Lessor shall obtain and keep in force a policy or policies of insurance in the name of Lessor, with loss payable to Lessor, any ground-lessor, and to any Lender insuring loss or damage to the Premises. The amount of such insurance shall be equal to the full insurable replacement cost of the Premises, as the same shall exist from time to time, or the amount required by any Lender, but in no event more than the commercially reasonable and available insurable value thereof. Lessee Owned Alterations and Utility Installations, Trade Fixtures, and Lessee's personal property shall be insured by Lessee not by Lessor. If the coverage is available and commercially appropriate, such policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and/or earthquake unless required by a Lender), including coverage for debris removal and the enforcement of any Applicable Requirements requiring the upgrading, demolition, reconstruction or replacement of any portion of the Premises as the result of a covered loss. Said policy or policies shall also contain an agreed valuation provision in lieu of any coinsurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not less than the adjusted U.S. Department of Labor Consumer Price Index for All Urban Consumers for the city nearest to where the Premises are located. If such insurance coverage has a deductible clause, the deductible amount shall not exceed $5,000 per occurrence.

  • Existing Improvements All improvements located on the Site as of the date of execution of the Construction Contract, whether above or below the surface of the ground, including but not limited to existing buildings, utilities, infrastructure improvements and other facilities.

  • REPAIRS AND IMPROVEMENTS 14.1 Prior to registration of transfer, the Purchaser shall not be entitled to effect any alterations to the Property without the prior written consent of the Seller. 14.2 The Seller shall not be obliged to compensate the Purchaser for any authorised alteration effected in the event of the sale being cancelled. 14.3 The Purchaser shall be liable for any damages suffered by the Seller as a result of any alterations effected by the Purchaser, not authorised by the Seller.