Possible Expansion Clause Samples

Possible Expansion. Notwithstanding the foregoing definition of International Play, if a Major League franchise is awarded to a city outside the United States and Canada, all Championship Season, All-Star, Wild Card, Division Series, League Championship Series and World Series games played in that city by such franchise shall not be considered International Play.
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Possible Expansion. After the fourth (4th) month following the opening and operation of the Location, Franchisor and Franchisee will discuss the possibility of Franchisee’s expansion to other cities or other marketing area in the country. However, this Agreement does not require Franchisor to grant any additional rights to Franchisee.
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Possible Expansion. The parties have discussed the possible need of Tenant to expand, either during the initial term or during any renewal term provided for in this Lease.
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Possible Expansion. Reference is here made to the Agreement of May 19, 1997, Section I ("POSSIBLE EXPANSION") Provided that said expansion shall be feasible, when requested by the Lessee, the Lessor will construct an expansion or extension (of not more than 40,000 square feet of floor space) to the east of the building if required by the Lessee; subject, however, to the following conditions: - 1. The Lessor shall be able to secure financing for said expansion from a conventional banking institution at then current rate of interest; 2. The expansion shall be permitted under all applicable laws and regulations-including zoning and building requirements; 3. All required permits shall be issued -- including approvals from environmental regulatory agencies, state, federal (if necessary) and municipal authorities, and any other governmental body that may have oversight responsibilities.
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Possible Expansion. Landlord and Cytokinetics have discussed the possibility that Landlord may acquire all or substantially all of the property identified in Exhibit A attached hereto and incorporated herein by this reference (the "Expansion Property") for development purposes, although Landlord is under no obligation to do so. Provided that Cytokinetics assumes the MetaXen Lease, Landlord will keep Cytokinetics informed of Landlord's progress, if any, from time to time toward acquisition of the Expansion Property. Provided that Cytokinetics assumes the MetaXen Lease, if at any time prior to expiration of the MetaXen Lease Landlord does acquire all or substantially all of the Expansion Property for development purposes, then Landlord shall promptly give Cytokinetics written notice thereof, specifying the size, location and general layout of the building that Landlord proposes to develop on the Expansion Property, the proposed timing for construction of such building, the proposed lease term and the economic terms (including, but not limited to, rent schedule and tenant improvement allowance) pursuant to which Landlord proposes to construct and lease such building, and Cytokinetics shall have a period of forty-five (45) days after the date Cytokinetics receives such written notice (the "Expansion Option Period") in which either to accept Landlord's proposed terms by written notice to Landlord or, at Cytokineties' election and risk, to attempt to negotiate and agree upon
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Related to Possible Expansion

  • Project Specific Milestones In addition to the milestones stated in Section 212.5 of the Tariff, as applicable, during the term of this ISA, Interconnection Customer shall ensure that it meets each of the following development milestones: 6.1 Substantial Site work completed. On or before July 1, 2021, Interconnection Customer must demonstrate completion of at least 20% of project site construction. At this time, Interconnection Customer must submit to Interconnected Transmission Owner and Transmission Provider initial drawings, certified by a professional engineer, of the Customer Interconnection Facilities. 6.2 Delivery of major electrical equipment. On or before July 15, 2021, Interconnection Customer must demonstrate that all generating units have been delivered to Interconnection Customer’s project site.

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: § 3.2 The Contract Time shall be measured from the date of commencement of the Work.

  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

  • Project Schedule Construction must begin within 30 days of the date set forth in Appendix A, Page 2, for the start of construction, or this Agreement may become null and void, at the sole discretion of the Director. However, the Recipient may apply to the Director in writing for an extension of the date to initiate construction. The Recipient shall specify the reasons for the delay in the start of construction and provide the Director with a new start of construction date. The Director will review such requests for extensions and may extend the start date, providing that the Project can be completed within a reasonable time frame.

  • Project Timeline The Project Timeline establishes a start and end date for each Phase of the Project. Developed during the Initiate & Plan Stage and revised as mutually agreed to, if needed, the timeline accounts for resource availability, business goals, size and complexity of the Project, and task duration requirements.