Issuance of NTP 1 Clause Samples

Issuance of NTP 1. ADOT anticipates issuing NTP 1 concurrently with execution and delivery of this Agreement. Issuance of NTP 1 authorizes Developer to do only the following: (a) Mobilize, including establishing the collocated office; (b) Prepare or continue preparing any or all component parts, plans and documentation of the Project Management Plan relevant to the D&C Work, including: (i) a Quality Management Plan (e.g., for general requirements, Professional Services and Construction Work components); and (ii) a Public Involvement Plan; (c) Prepare the ROW Activity Plan, Environmental Management Plan, Safety Management Plan and Transportation Management Plan; (d) Prepare the detailed, resource and cost loaded Project Baseline Schedule; (e) Prepare the Segments Limit Map; (f) Prepare the Submittal Schedule; (g) Prepare a Schedule of Values for pre-NTP 2 Design Work; (h) Prepare the final DBE Utilization Plan; (i) Prepare the final OJT Utilization Plan; (j) Enter the Project ROW owned or in the possession of ADOT in order to conduct surveys and site investigations, including geotechnical, Hazardous Materials and Utilities investigations, provided that Developer (i) shall not conduct any ground-disturbing activities in the Center Segment, and (ii) shall not conduct any ground-disturbing activities within or outside other areas of the Schematic ROW until ADOT has completed its cultural resource investigations and has received and approved, as provided in the Technical Provisions, the Environmental Management Plan, Public Involvement Plan, Safety Management Plan, Site Documentation, Storm Water Pollution Prevention Plan, and Noxious Species Control Plan; (k) Commence ROW Services (but only after ADOT approves the ROW Activity Plan); (l) Commence negotiating with the Union Pacific Railroad; (m) Commence negotiating Utility Agreements with Utility Companies; (n) At Developer’s option, commence Design Work, provided that (i) ADOT will not pay for or commence review of Design Documents until Developer satisfies all conditions precedent set forth in Section 7.5, and (ii) ADOT’s payment for Design Work prior to NTP 2 is subject to a cap of $15,000,000; and (o) Prepare the ITS Inventory described in Section DR 466.2.3 of the Technical Provisions.
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Related to Issuance of NTP 1

  • Issuance of Note Subject to all of the terms and conditions hereof, the Company agrees to issue and sell to the Investor, and the Investor agrees to purchase from the Company, a Note in the principal amount set forth opposite such Investor’s name on the signature page hereto.

  • Issuance of Notes The Owner Trustee is hereby authorized and directed on behalf of the Trust to execute, issue and deliver the Notes pursuant to the Indenture.

  • Issuance of New Note Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

  • Issuance of New Notes Whenever the Company is required to issue a new Note pursuant to the terms hereof, such new Note (i) shall be of like tenor with this Note, (ii) shall represent, as indicated on the face of such new Note, the Principal remaining outstanding (or in the case of a new Note being issued pursuant to Section (4)(a) or Section (4)(c), the Principal designated by the Holder which, when added to the Principal represented by the other new Note(s) issued in connection with such issuance, does not exceed the Principal remaining outstanding under this Note immediately prior to such issuance of such new Note), (iii) shall have an issuance date, as indicated on the face of such new Note, which is the same as the Issuance Date of this Note, (iv) shall have the same rights and conditions as this Note, and (v) shall represent accrued and unpaid Interest from the Issuance Date.

  • Issuance of Bonds Subject to the satisfaction of and compliance with all of the provisions, covenants and requirements of this Agreement, in order to provide funds for the payment of the Project Costs, the Issuer has authorized the issuance and delivery of the Bonds to the Initial Purchaser in accordance with the Indenture.