Responsibility of Owners Sample Clauses
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Responsibility of Owners. In consideration of receiving the tax abatement granted herein, Owners represent and agree:
a. That construction of the Improvements will commence without delay.
b. That construction of the Improvements shall be completed on or before January 1, 2016, or by January 1 of such later year that is not later than January 1, 2018, if notice is given pursuant Section 5(c).
c. That Owners shall provide the County’s Tax Assessor/Collector a certified statement evidencing a minimum of $12,840,000 in project costs with respect to the design and construction of the Improvements within sixty (60) days after completion of the Improvements.
d. That Owners shall provide the County’s Tax Assessor/Collector with a copy of the Certificate of Occupancy for the Improvements on or before December 31, 2016. Owners’ failure to present a copy of the Certificate of Occupancy to County may result in a forfeiture of the tax abatement of tax year 2016, unless extended as described in Section 5(c).
e. That the Certified Appraised Value of the Improvements on January 1, 2016, or by January 1 of such later year that is not later than January 1, 2018, if notice is given pursuant Section 5(c), and on each and every January 1 thereafter during the term of this Agreement must not be less than $12,840,000. Owners may from time to time during the term of this Agreement install additional improvements, and modify, remove or replace improvements as Owners may determine in their discretion. Failure to meet the requirements of this section will invalidate the tax abatement for the year this requirement was not satisfied.
f. Owners agree to meet the following employee requirements, provided, however, that if the Owners provide notice to the County pursuant to Section 5(c), each of the above dates shall be extended by the corresponding number of year(s) allowed by Section 5(c) and extended by such notice: March 31, 2016 and ending on December 31, 2016 At least 500 Employees employed at the Improvements January 1, 2017 and ending on December 31, 2017 At least 534 Employees employed at the Improvements January 1, 2018 and ending on December 31, 2018 At least 568 Employees employed at the Improvements January 1, 2019 and ending on December 31, 2019 At least 602 Employees employed at the Improvements January 1, 2020 and ending on December 31, 2020 At least 636 Employees employed at the Improvements January 1, 2021 and ending on December 31, 2021 At least 670 Employees employed at the Improvements Januar...
Responsibility of Owners. Each Owner shall be responsible for compliance with the terms, provisions, and conditions of this Declaration by itself, and any Parcel Lessee, Space Tenant and Occupant claiming by, through or under such Owner, and their respective agents, employees, customers, invitees and licensees.
Responsibility of Owners. The owners of all lots or plat thereof shall designate a “responsible Owner” and an assistant for purposes of administering this Covenant. Initially the responsible person will be ▇▇▇▇ ▇▇▇▇▇▇▇ of ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇. At such future time as the “responsible owner” needs to change, an affirmative vote of a majority of the owners of the lots described herein, or any plat thereof shall be sufficient to designate the responsible owner and assistant. At such time the original responsible owner shall call a meeting of the lot owners for the purpose of explaining the duties of the “responsible owners” and “assistant,” choosing a new “responsible owner” and “assistant” and giving to them should it exist any monies collected to date together with any bank accounts and bank statements related to this matter. The “responsible own” and “assistant” shall serve for a minimum of one year after which they may call all lot owners together and designate a new “responsible owner” and/or “assistant” and assign maintenance duties, monies and statements over to them at that time.
Responsibility of Owners a. The Owners of all lots or plat thereof shall designate a “Responsible Owner” Group (ROG) consisting of five (5) Owners for the purposes of administering this Covenant. An affirmative vote of a majority of the owners of the lots described herein, or any plat thereof, shall be sufficient to designate the ROG.
b. The ROG shall serve for a minimum of one year, after which they may call all developed lot owners together and designate enough new “Responsible Owners”, so that the ROG has five Owners. The ROG shall, with input from all Owners, administer this Covenant. Upon annual approval by a simple majority of the Owners, any Responsible Owner or ROG may continue to serve. At the completion of their service, each Responsible Owner shall turn over administration duties, monies and statements over to the new ROG at that time. All ROG members must be in good financial standing with the Ammeter View RMA.
c. The ROG shall administer the Covenant as Officers whose roles and responsibilities are described in Exhibit “C”, “ ROG Officer Responsibilities “.
d. The ROG shall conduct an annual meeting each September to review current and future proposed projects, establish project budgets, review proposed assessment amounts for the following year, review monies and expenditures and administer voting by Owners to approve projects and selection of new Responsible Owners.
e. The ROG may also conduct additional Owner meetings, on a quarterly basis, to conduct any business involved in administering this Covenant.
f. Meeting notices, including the location, will be posted on ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ website, as well as all communications about projects, budgets, assessments, expenditures, upcoming maintenance work and contracted maintenance work. Email to the Ammeter View RMA group, ROG and all Owners will be an additional acceptable form of communication.
g. The ROG will schedule a minimum of two Owner maintenance work parties, one in the spring and one in the fall. Volunteer work by the Owners helps reduce the cost of contracting out maintenance work and may reduce the annual Owner assessments.
Responsibility of Owners. Grantor acknowledges that Holder has neither possessory rights in the Protected Property, nor any responsibility or right to control, maintain, or keep up the Protected Property. Grantor shall retain all responsibilities and shall bear all costs and liabilities of any nature related to the ownership, operation, upkeep, improvement and maintenance of the Protected Property. Grantor shall indemnify, defend and hold Holder harmless from and against any and all liabilities, costs, damages, or expenses of any kind including, without limitation, reasonable attorney’s fees, that Holder may suffer or incur as a result of or arising out of the activities of Grantor or any other person on the Protected Property, other than those caused by the negligent acts or acts of misconduct of Holder, and except those arising out of Holder's workers' compensation obligations. Holder's right to be defended, held harmless and indemnified by Grantor shall extend without limitation to any action based upon the presence of toxic and/or hazardous substances upon or emanating from the Protected Property.
Responsibility of Owners. Grantor acknowledges that Holder has neither possessory rights in the Protected Property, nor any responsibility or right to control, maintain, or keep up the Protected Property other than as set forth in Paragraphs 2,D and 2.E. Grantor shall retain all responsibilities and shall bear all costs and liabilities of any nature related to the ownership, operation, upkeep, improvement and maintenance of the Protected Property.
Responsibility of Owners. The “owner” of each lot, or subdivision thereof, shall designate the DISCOVERY POINT HOMEOWNER’S ASSOCIATION as the responsible entity to administer this Covenant. The schedule of all individual owner and HOMEOWNER’S ASSOCIATION responsibilities shall be consistent with and as described within DISCOVERY POINT HOMEOWNER’S ASSOCIATION COVENANTS, CONDITIONS AND RESTRICTIONS.