Obligations of the Developer Sample Clauses

Obligations of the Developer. In addition to and not in derogation or substitution of any of its other obligations under this Agreement, the Developer shall have the following obligations: The Developer shall, for due and punctual performance of its obligations relating to the Project, should submit to the Authority a demand draft from a scheduled bank acceptable to the Authority for an amount equal to the Annual Fee payable for the year subsequent to such submission (the “Performance Security”). The first of such Performance Security has been submitted prior to signing of this Agreement for a sum of Rs. /- (Rupees only). The Performance Security shall be kept valid throughout the Agreement Period and the Developer shall ensure that the amount of Performance Security submitted is equal to the Annual Fee payable for the subsequent year of such submission. The Authority shall not be liable to pay any interest on the Performance Security and the same shall be interest free. In case of Developer’s Event of Default, the Authority shall, without prejudice to its other rights and remedies hereunder or in law, be entitled to encash and appropriate the relevant amounts from the Performance Security as damages for such Developer default. Upon such encashment and appropriation from the Performance Security, the Developer’s shall, within 30 (thirty) days thereof, replenish, in case of partial appropriation, to its original level of the Performance Security, and in case of appropriation of the entire Performance Security provide a fresh Performance Security, as the case may be, and the Developer shall, within the time so granted, replenish or furnish fresh Performance Security as aforesaid failing which the Authority shall be entitled to terminate this Agreement in accordance with Article 9 -.

Obligations of the Developer. A. [Sec. 300] Improvements. The Developer shall develop the Property in accordance with and subject to the terms and conditions of this Agreement, the Project Approvals and the subsequent discretionary approvals referred to in Section 202, if any, and any amendments to the Project Approvals or this Agreement as, from time to time, may be approved pursuant to this Agreement. The failure of the Developer to comply with any term or condition of or fulfill any obligation of the Developer under this Agreement, the Project Approvals or the subsequent discretionary approvals or any amendments to the Project Approvals or this Agreement as may have been approved pursuant to this Agreement, shall constitute a default by the Developer under this Agreement. Any such default shall be subject to cure by the Developer as set forth in Article 4 hereof. B. [Sec. 301]

Obligations of the Developer. The Developer must: 5.2.1 do all things necessary to allow the registration of this Agreement to occur, including but not limited to obtaining the consent of any mortgagee registered on the title of the Land; and 5.2.2 pay any costs incurred by Council in undertaking that registration.‌‌

Obligations of the Developer. 4.1 The Developer must complete the Project, for which they are receiving the Grant as outlined under Section 2.3. 4.2 Unless the Local Government shall otherwise agree in writing, the Developer covenants and agrees that it: (i) shall comply with the Pre-Development Grant Program eligibility requirements and shall only use the Grant funding for the Project; (ii) shall carry out the Project and conduct the activities thereof in compliance with all applicable laws, regulations, order, rules, ordinances, permits, licenses, and without restricting the generality of the foregoing, in compliance with all labour, environmental, health and safety and human rights legislation applicable to the Project; (iii) shall carry out the Project with due diligence and efficiency and in accordance with sound engineering, scientific, financial and business practices; (iv) shall maintain industry standard insurance coverage which shall include general liability insurance; (v) shall not make any material change to the Project or in the nature or scope of its legal status; and (vi) shall not sell, assign, transfer, lease, exchange or otherwise dispose of, or contract to sell, assign, transfer, lease, exchange or otherwise dispose of, any of the real or personal property, whether movable or immovable, acquired, purchased, constructed, rehabilitated or improved, in whole or in part with the Grant, except if previously approved by the Local Government in writing. 4.3 The Developer shall provide the Local Government the following information, in form and content satisfactory to the Local Government: (i) a final report at the end of the Project or within thirty (30) days of the Local Government making such requests; (ii) prompt notice of any proposed change in the nature or scope of its legal status ; (iii) prompt notice of any act or event which does or may materially and adversely affect the Project or may materially and adversely affect the ability of the Developer to perform its obligations under the Agreement or the Project or any of the Developer’s other obligations that are material to the Developer; (iv) prompt notice of any litigation or administrative proceedings, together with copies of any written legal documents as the Local Government may request, excluding legal documents subject to solicitor client privilege, before any court or arbitral body or other authority which might materially and adversely affect the Project or the ability of the Developer to perform its obliga...

Obligations of the Developer. In addition to and not in derogation or substitution of any of its other obligations under this Agreement, the Developer shall have the following obligations:

Obligations of the Developer. 5.1.1 Subject to and on the terms and conditions of this Agreement, the Developer shall at its own cost and expense; a) procure finance for and undertake the designing, constructing, erecting, testing, commissioning and completing of the Power Project in accordance with the Applicable Law and Grid Code observe, fulfill, comply with and perform all its obligations set out in this Agreement or arising hereunder; b) comply with all Applicable Laws and obtain applicable Consents, Clearances and Permits (including renewals as required) in the performance of its obligations under this Agreement and maintaining all Applicable Permits in full force and effect during the Term of this Agreement; c) commence supply of power up to the Contracted Capacity to ESCOM no later than the Scheduled Commissioning Date and continue the supply of power throughout the term of the Agreement; d) connect the Power Project switchyard with the Interconnection Facilities at the Delivery Point. e) own the Power Project throughout the Term of Agreement and keep it free and clear of encumbrances, except those expressly permitted under Article 19; f) Comply with the equity lock-in conditions set out in Clause 5.2; and g) be responsible for all payments related to any taxes, cesses, duties or levies imposed by the Government Instrumentalities or competent statutory authority on land, equipment, material or works of the project to or on the electricity consumed by the Project or by itself or on the income or assets owned by it. 5.1.2 The Developer shall discharge its obligations in accordance with Good Industry Practice and as a reasonable and prudent person. 5.1.3 The Developer shall, at its own cost and expense, in addition to and not in derogation of its obligations elsewhere set out in this Agreement: a) make, or cause to be made, necessary applications to the relevant government agencies with such particulars and details, as may be required for obtaining Applicable Permits and obtain and keep in force and effect such Applicable Permits in conformity with the Applicable Laws; b) procure, as required, the appropriate proprietary rights, licenses, agreements and permissions for materials, methods, processes and systems used or incorporated into the Power Project; c) make reasonable efforts to maintain harmony and good industrial relations among the personnel employed by it or its Contractors in connection with the performance of its obligations under this Agreement; d) ensure and procure t...

Obligations of the Developer. The Developer must: (1) do all things necessary to allow the registration of this document to occur under clause 16.1, including but not limited to obtaining the consent of any mortgagee registered on the title of the Land; and (2) pay any reasonable costs incurred by Council in undertaking that registration.

Obligations of the Developer. Section 4.01 Construction of Project Developer will acquire land and construct an 11,000.00 square foot commercial building and associated improvements, as described in Exhibit B. Improvements in excess of $480,000.00 will be constructed upon the property within 24 months of taking possession, and that such improvements are a material element of this Agreement. The Developer shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. Until construction of the Project has been completed, the Developer shall make reports in such detail and at such times as may be reasonably requested by the Agency (not to exceed one report per month) as to the actual progress of the Developer with respect to construction of the Project. Promptly after completion by the Developer of the Project, the Developer shall furnish to the Agency a certificate of completion. The certification by the Developer shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Contract with respect to the obligations of the Developer and its successors and assigns to construct the Project. As used herein, the term "completion" shall mean substantial completion of the Project.

Obligations of the Developer. The Developer shall deliver the Work Results to the Company as per the schedule agreed upon by the Parties.