CITY BODIES’ OBLIGATIONS Sample Clauses

CITY BODIES’ OBLIGATIONS. In consideration of and as a material inducement for Developer satisfying in full the Developer Obligations, the City Bodies shall, subject to further proceedings required by the Laws, use their best efforts to complete the following (collectively, the “City Bodies’ Obligations”):
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CITY BODIES’ OBLIGATIONS. Subject to Xxxxxxx 0, Xxxx, Xxxxxxxx Xxxx. or the Commission, as applicable, shall: (a) for a purchase price of $1.00, transfer and convey the City Land to Company at the Closing; (b) within thirty (30) business days of receipt of complete and properly submitted Disbursement Requests, (i) authorize distribution of portions of the Commercial Grant pursuant to and consistent with such Disbursement Agreement, or (ii) reject any such Disbursement Request and provide a specific, written explanation of such rejection, provided, however, Company acknowledges that, notwithstanding the amount included in any Disbursement Request, Company shall not be entitled to receive more than One Hundred Thirty-Two Thousand, Nine Hundred Fifty and no/100 Dollars ($132,950.00) of the Commercial Property grant, during any twelve (12) month time period, and Company shall not be entitled to submit a Disbursement Request prior to transferring and conveying the Infrastructure Property to the City; (c) accept conveyance of the Infrastructure Property pursuant to the Conveyance Documents; (d) jointly determine with Company the Public Infrastructure; and (e) execute and perform all obligations included in this Agreement and the Ancillary Agreements.

Related to CITY BODIES’ OBLIGATIONS

  • Parties Obligations The Parties’ obligations under this Agreement will continue notwithstanding the existence of a Material Change.

  • Conditions to All Parties’ Obligations Notwithstanding any other provision of this Agreement to the contrary, the obligations of each of the parties to this Agreement to consummate the transactions described herein shall be conditioned upon the satisfaction of each of the following conditions precedent on or prior to the Closing Date:

  • Conditions of Agent’s Obligations The obligations of the Agent hereunder are subject to (i) the accuracy of, as of the date hereof, each Bringdown Date, and each Time of Sale (in each case, as if made at such date), and compliance with, all representations, warranties and agreements of the Company contained herein, (ii) the performance by the Company of its obligations hereunder and (iii) the following additional conditions:

  • Conditions of Parties Obligations 7.1 Conditions of Investor's Obligations at the Closing. The --------------------------------------------------- obligation of Investor to purchase and pay for the Investor Stock is subject to the fulfillment prior to or on the Closing Date of the following conditions, any of which may be waived in whole or in part by Investor:

  • Obligations of Licensee 2.1 Licensee is responsible for the quality and safety of its products.

  • Obligations of the Licensee 5.1.1. The Licensee’s Responsibilities and Duties shall include the following, in addition to and without prejudice to other obligations under this Agreement:

  • Third Party Obligations 3.1. The THIRD PARTY shall:-

  • City Obligations 26.1 City shall provide full information in a timely manner regarding requirements for and limitations on projects and work tasks. With regard to subcontractor liens, City shall furnish to Engineer, within fifteen (15) days after receipt of a written request, information necessary and relevant for Engineer to evaluate, give notice of, or enforce lien.

  • Obligations of DOE a. In express reliance on the covenants and representations in this Compromise Agreement and to avoid further expenditure of public resources, XXX agrees to accept Respondent’s payment pursuant to section III.2.a in full satisfaction of the penalty authorized by the Act.

  • Conditions to Obligations of the Parties The obligations of the parties hereto to effect the transactions contemplated by this Agreement shall be subject to the satisfaction at the Closing (as defined below) of the following conditions:

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