Adoption of Resolution Authorizing Municipal Garage Redevelopment Agreement Sample Clauses

Adoption of Resolution Authorizing Municipal Garage Redevelopment Agreement. By no later than March 17, 2021, Hoboken and the Applied Parties have negotiated and the City Council has duly adopted a resolution authorizing Hoboken to execute a redevelopment agreement pursuant to the LRHL satisfactory to the Applied Parties in their sole discretion, which provides for the designation of the Applied Parties or one of their affiliates as the redeveloper of the Municipal Garage Site and sets forth the Parties’ respective rights, obligations and terms and provisions for the redevelopment of the Municipal Garage Site, consistent with Exhibit B hereof (the “Municipal Garage Redevelopment Agreement”). The Municipal Garage Redevelopment Agreement shall include (i) a determination of the Monarch Appraised Value, the Municipal Garage Development Appraised Value, and the 800- 000 Xxxxxx Xxxxxx Appraised Value, as those terms are defined herein, (ii) identification of the Parties’ respective payment obligations pursuant to paragraph 13(g) hereof, (iii) identification of funding sources to be utilized by the City or by the Applied Parties, as may be applicable, to satisfy any such payment obligation pursuant to paragraph 13(g) hereof, and (iv) particular conditions precedent, milestones and an anticipated schedule for Hoboken to fully vacate the Municipal Garage Site. If the City Council has not adopted a resolution authorizing Hoboken to execute the Municipal Garage Redevelopment Agreement in a form that is satisfactory to the Applied Parties in their sole discretion by March 17, 2021, the Applied Parties may in their sole discretion terminate this Agreement;
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Related to Adoption of Resolution Authorizing Municipal Garage Redevelopment Agreement

  • Recognition of U.S. Special Resolution Regimes (a) In the event a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) were governed by the laws of the United States or a State of the United States.

  • Recognition of the U.S. Special Resolution Regimes (a) In the event that any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

  • Special Resolution Regimes (a) In the event that any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

  • DNSSEC proper resolution There is a valid DNSSEC chain of trust from the root trust anchor to a particular domain name, e.g., a TLD, a domain name registered under a TLD, etc.

  • TCP DNS resolution RTT Refers to the RTT of the sequence of packets from the start of the TCP connection to its end, including the reception of the DNS response for only one DNS query. If the RTT is 5 times greater than the time specified in the relevant SLR, the RTT will be considered undefined.

  • UDP DNS resolution RTT Refers to the RTT of the sequence of two packets, the UDP DNS query and the corresponding UDP DNS response. If the RTT is 5 times greater than the time specified in the relevant SLR, the RTT will be considered undefined.

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  • Governing Law; Submission to Process EXCEPT TO THE EXTENT THAT THE LAW OF ANOTHER JURISDICTION IS EXPRESSLY ELECTED IN A TRANSACTION DOCUMENT, THIS AGREEMENT AND THE OTHER TRANSACTION DOCUMENTS, SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. EACH OF BIONOVA AND SAVIA HEREBY IRREVOCABLY SUBMITS ITSELF AND EACH OTHER RELATED PERSON TO THE NON-EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL COURTS SITTING IN THE STATE OF NEW YORK AND THE COUNTY OF NEW YORK AND AGREES AND CONSENTS THAT SERVICE OF PROCESS MAY BE MADE UPON IT OR ANY OF ITS SUBSIDIARIES IN ANY LEGAL PROCEEDING RELATING TO THE TRANSACTION DOCUMENTS BY ANY MEANS ALLOWED UNDER NEW YORK OR FEDERAL LAW. EACH OF BIONOVA AND SAVIA IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.

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