Phases Sample Clauses

Phases. Landlord anticipates that it will deliver possession of the Premises to Tenant in multiple phases as each phase of the Premises (each, a “Phase”) becomes ready for delivery to Tenant. As used in this Lease, the term “Current Demised Premises” shall mean, at any given time, the Premises or the Phase(s), and the portion of the Premises corresponding to such Phase(s), of which Tenant has accepted delivery in accordance with Section 1.4. Exhibit C describes each of the nine (9) Phases of the Premises. The Phases are designated on Exhibit C as “Phase 1”, “Phase 2”, “Phase 3”, “Phase 4”, “Phase 5”,”Phase 6”, “Phase A”, “Phase B” and “Phase C”. Except as expressly set forth in Sections 1.2.2, 1.3 and 1.4, Landlord shall deliver each Phase of the Premises to Tenant in its then “as-is” condition without any representations or warranties regarding condition.

Phases. (a) The Revitalization Plan contemplates development of approximately 300 total units of housing on the Development Site, to be carried out in several Phases. The Phases are presently in different states of readiness and with different levels of commitment as between the City and the Developer, as further described below. (b) The Developer applied to NCHFA and received an award of 2011 low-income housing tax credits for “Rental Phase 1,” presently anticipated to consist of 119 rental units along with 13 units of complementary live/work or retail/commercial space, for a total of 132 units to be constructed on approximately 7 acres of the Revitalization Site. The City and the Developer anticipate that Closing of Rental Phase 1 will occur not later than the third quarter of calendar year 2012. (c) It is anticipated that a “Rental Phase 2” project shall be developed on the Revitalization Site, presently anticipated to consist of approximately 79 rental units of housing. The City and Developer have agreed to undertake or participate in development of Rental Phase 2, subject to the terms of this Agreement in general and more particularly contingent upon the receipt of a Low Income Housing Tax Credit (LIHTC) award from NCHFA, availability of City Funds for such Phase and authorization of such expenditures by the City Council. The Developer anticipates applying to NCHFA for an allocation of low-income housing tax credits for Rental Phase 2 no later than June 30, 2014. The City anticipates committing approximately $3,400,000 in City Loan Funds for Rental Phase 2 and approximately $1,000,000 in City Site Funds relating to Rental Phase 2 Public Improvements, with final amounts subject to City Council approval. The City and the Developer anticipate that Closing with respect to Rental Phase 2 will occur not later than the second quarter of the calendar year following the year in which NCHFA awards low-income housing tax credits for Rental Phase 2. (d) Should additional mixed-income rental development on the Revitalization Site be warranted and decided upon by the City Council, then the City and Developer shall enter in good faith negotiations to come to terms on subsequent agreements to undertake or participate in such development as a third Phase. Developer shall assist the City with selection of a development partner for any portions of the Revitalization Site not developed by Developer, for example, a home ownership development project. The City will make the final ...

Phases. Purchaser shall purchase the Property in five (5) separate phases (each a “Phase” and, collectively, the “Phases”). At each Phase Closing (as defined herein), Purchaser shall purchase the Lot(s) corresponding to the Phase(s) being closed at such time. For the purposes of this PSA, the term “Lot” and “Phase” shall be used interchangeably.

Phases. In general, the A/E’s work shall include services as fully described in Articles 2 and Article 3 of this Agreement. These services include, but not limited to: (i) development of a set of design documents for the Project (including a permit set of construction documents and an issued-for-construction set of documents); and (ii) providing construction administration services. The services to be provided under Article 2 constitute the preliminary design and design phase services to be performed by the A/E (the “Design Phase Services”). The services to be provided under Article 3 constitute the construction phase services to be provided by the A/E (the “Construction Phase Services”).

Phases a. During the Program Verification Phase, the Fund shall make monthly installment payments to the Consultant of the Program Verification Payment, which installment payments shall total a sum equal to 100 percent of the Program Verification Payment. b. During the Concept Phase, the Fund shall make monthly installment payments to the Consultant of the Concept Phase, which installment payments shall total a sum equal to 100 percent of the Concept Phase Payment. c. During the Schematic Design Phase the Fund shall make monthly installment payments to the Consultant of the Schematic Payment, which installment payments shall total a sum equal to 100 percent of the Schematic Design Payment. d. During the Design Manual Phase, the Fund shall make monthly installment payments to the Consultant of the Design Manual Payment, which installment payments shall total a sum equal to 100 percent of the Design Manual Payment. e. During the Construction Document Phase the Fund shall make monthly installment payments to the Consultant of the Construction Documents Payment, which installment payments shall total a sum equal to 100 percent of the Construction Documents Payment. Said payment shall be broken down into two parts; 95 percent of the construction document payment will be paid upon completion of Article 1, Section B (5), items a through e. The remaining 5 percent of the payment will be paid upon completion of Article 1, Section B (5) items f and g.

Phases. The Project is being constructed in two (2) phases, the first construction phase comprised of the West Building and the second construction phase comprised of the East Building, each such building being generally described and depicted on Exhibit A attached hereto (as further described on Exhibit A, the “East Building” and the “West Building”, respectively). Following substantial completion of its construction, the West Building will be established as the first phase of the Project by the recording of the initial Map and Declaration in the Pitkin County Records and, subsequently following substantial completion of its construction, the East Building will be incorporated into the Project Property by the recording of a Supplemental Map and Supplemental Declaration in the Pitkin County Records in the manner set forth for expansion of the Project in the Declaration. In connection with the recording of the initial Map and Declaration, Seller shall determine in its sole discretion the specific areas to be incorporated into the Project as the first phase and the areas to be designated as “Expansion Property” (as defined in the Declaration) and incorporated into the Project as the second phase. Purchaser acknowledges and accepts such phasing of the Project and (i) if the Unit is located in the East Building, that construction of the Unit will be completed later than completion of construction of units located in the West Building and will be completed pursuant the timeframe discussed in Section 6.a below, and (ii) if the Unit is located in the West Building, that the remainder of the Project comprising the East Building and related improvements, amenities, services and grounds will not become part of the Project until incorporation of the East Building into the Project in the manner contemplated by the Declaration. It is acknowledged and agreed that the initial Project Property to be established as the first phase of the Project is not currently subdivided and created, that the final size and configuration of such initial Project Property may vary depending on the actual location of the West Building and related improvements, and that the legal description of the Project Property applicable to each phase of the Project will be established by the recorded Map and Declaration for such phase and reflected in the Final Commitment (as defined and discussed in Section 8 below).

Phases. This Project shall consist of the following four phases:

Phases. The Early Acceptance Program is comprised of two phases. Phase I consists of four years of undergraduate education at University of Pittsburgh - Bradford. Phase II consists of four years of dental school education at LECOM and its associated clinical training sites.

Phases. The Parties expect Corix will develop the NDES in two phases, as follows: (a) Phase 1: Corix will prepare and submit to the BCUC an application (the “Phase I Application”) for a CPCN authorizing Corix to construct and operate the NDES. As part of the Phase I Application, Corix will submit the Project Plan and will request that the BCUC authorize the use of the Project Plan Pro Forma for determining the ongoing feasibility of all anticipated NDES Extensions and for determining the feasibility of all unanticipated NDES Extensions.