Acquisition of Property by the Agency and City Sample Clauses

Acquisition of Property by the Agency and City. Upon expiration of the three-month period referred to in Section 7.2 above, and provided the Agency reasonably determines that the Redeveloper has in fact made good faith efforts to acquire all such parcels, the Agency shall request that the Common Council approve the acquisition of such parcels of Acquisition Property as the Redeveloper was unable to acquire by private negotiations, on a case by case basis, through the exercise of the power of eminent domain and upon approval by the Common Council of the taking of a particular parcel the Agency and City shall prepare to acquire, within a time period which is reasonably established by the Redeveloper giving due consideration to the proposed scheduling of construction of Infrastructure Improvements and Improvements, and which is consistent with the provisions of the Statutes, the Redevelopment Plan and this Agreement, and the time frames established by the Common Council, all parcels of Acquisition Property within the Project Site which have not been acquired by the Redeveloper or with respect to which Redeveloper then has not advised the City in writing that it has entered into an unconditional contract or option for the acquisition of same and which have been approved by the Common Council by separate resolution for acquisition through the exercise of the power of eminent domain. The Acquisition Property shall be acquired by the Agency and the City at such times as may be established by the Redeveloper in accord with the Redevelopment Plan and the provisions of this Agreement and within the time periods established in accordance with the provisions of the Statutes and pursuant to the authority granted by the Common Council for the acquisition of parcels of Acquisition Property within the Project Site (as said time periods may be extended in accordance with the relevant provisions of the Statutes). If for any reason the Common Council does not approve the taking of any Acquisition Property by the Agency through the exercise of the power of eminent domain or the Agency is for any reason unable to acquire any parcel of the Acquisition Property, it shall not be an Event of Default hereunder, and the Redeveloper shall submit a revised Conceptual Master Site Plan, as same relates to the affected Improvements only, for approval by the Agency and the Common Council. The Agency and the Common Council agree to act expeditiously and in a reasonable manner (including taking into consideration the number of parcels in...
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Acquisition of Property by the Agency and City. Upon receipt of the Acquisition Termination Notice and following the requisite Taking Determination with respect thereto described in Section 18.2(b), the Agency and City shall prepare to acquire, at the earliest practicable date, and which is consistent with the provisions of the Statutes, the Redevelopment Plan, this Agreement and any resolution of the Common Council referred pursuant to Section 18.2(b), all parcels of Acquisition Property within the Project Site. Such Acquisition Property shall be acquired by the Agency in the name of the City at such times as may be reasonably established by the Redeveloper in accord with the foregoing and pursuant to the authority granted by the Common Council for the acquisition of such Acquisition Property within the Project Site, as said time periods may be extended in accordance with the relevant provisions of the Statutes. The City, acting by and through the Agency, shall acquire all of the Acquisition Property not otherwise acquired by the Redeveloper, in the manner set forth below:
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Related to Acquisition of Property by the Agency and City

  • Acquisition of Property The Contractor shall document that all property was acquired consistent with its engineering, production planning, and property control operations.

  • Relation of the Standard Contractual Clauses to the Agreement Nothing in the Agreement shall be construed to prevail over any conflicting clause of the Standard Contractual Clauses. For the avoidance of doubt, where this DPA further specifies audit and subprocessor rules in sections 5 and 6, such specifications also apply in relation to the Standard Contractual Clauses.

  • No Restriction on Existing Examination and Investigative Authority That this Agreement shall in no way preclude any State Mortgage Regulator from exercising its examination or investigative authority authorized under the laws of the corresponding Participating State in the instance a determination is made wherein Respondent is found not to be adhering to the requirements of the Agreement, other than inadvertent and isolated errors that are promptly corrected by Respondent, or involving any unrelated matter not subject to the terms of this Agreement. The Parties agree that the failure of Respondent to comply with any term or condition of this Agreement with respect to a particular State shall be treated as a violation of an Order of the State and may be enforced as such. Moreover, Respondent acknowledges and agrees that this Agreement is only binding on the State Mortgage Regulators and not any other Local, State or Federal Agency, Department or Office.

  • Formation of the Agreement 2.1 The Agreement is binding upon Supplier after accepting the Purchase Order as evidenced by acknowledgement, supply of Goods and/or performance of Services. Versuni expressly rejects Supplier’s general conditions of sale.

  • Review by the Association of Procurement Decisions The Procurement Plan shall set forth those contracts which shall be subject to the Association’s Prior Review. All other contracts shall be subject to Post Review by the Association.

  • Application of the Agreement (1) This Agreement shall apply to investments made in the territory of either Contracting Party in accordance with its legislation by investors of the other Contracting Party prior as well as after the entry into force of this Agreement.

  • Construction of the Agreement The Agreement sets forth the entire understanding between two sophisticated business entities with legal counsel as to its subject and supersedes all prior agreements, conditions, warranties, representations, arrangements and communications, including purchase orders issued by Client, whether oral or written, and whether with or by Accenture, any of its affiliates, or any of their employees, officers, directors, agents or shareholders. Each party acknowledges that it entered into the Agreement solely based on the agreements and representations contained herein, and has not relied upon any representations, warranties, promises, or inducements of any kind, whether oral or written, and from any source. If a court of competent jurisdiction finds any term of the Agreement to be invalid, illegal or otherwise unenforceable, such term or provision will not affect the other terms of this Agreement and will be deemed modified to the extent necessary, in the court’s opinion, to render such term enforceable while preserving to the fullest extent permissible the intent and agreements of the parties set forth in this Agreement. No waiver or modification of any provision of the Agreement will be effective unless it is in writing and signed by the party against which it is sought to be enforced. The delay or failure by either party to exercise or enforce any of its rights under this Agreement is not a waiver of that party’s right to later enforce those rights, nor will any single or partial exercise of any such right preclude any other or further exercise of these rights or any other right. There are no third-party beneficiaries to the Agreement. In the event of a conflict between these GTC and an Order Form, the Order Form controls for purposes of that Order Form only.

  • Operation of the Agreement A5.1 This Agreement is comprehensive and provides the terms and conditions of employment of employees covered by this Agreement, other than terms and conditions applying under applicable legislation.

  • Execution of the Agreement The Company, the party executing this Agreement on behalf of the Company, and the Consultant, have the requisite corporate power and authority to enter into and carry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder. All corporate proceedings have been taken and all corporate authorizations and approvals have been secured which are necessary to authorize the execution, delivery and performance by the Company and the Consultant of this Agreement. This Agreement has been duly and validly executed and delivered by the Company and the Consultant and constitutes a valid and binding obligation, enforceable in accordance with the respective terms herein. Upon delivery of this Agreement, this Agreement, and the other agreements and exhibits referred to herein, will constitute the valid and binding obligations of Company, and will be enforceable in accordance with their respective terms. Delivery may take place via facsimile transmission.

  • NOTIFICATION OF PUBLIC EVENTS AND MEETINGS 2 A. CONTRACTOR shall notify ADMINISTRATOR of any public event or meeting funded in 3 whole or in part by the COUNTY, except for those events or meetings that are intended solely to serve 4 clients or occur in the normal course of business.

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