Extension of Extended Monitoring Phase Sample Clauses

Extension of Extended Monitoring Phase. 5.1 Notwithstanding that the Extended Monitoring Phase may extend beyond the duration stipulated in the Anticipated Schedule, NWMO shall only be obligated to pay to the Municipality the Financial Benefits set out in the Detailed Financial Benefits Table for the seventy (70) year duration initially contemplated. No further Extended Monitoring Phase payments shall be made by NWMO, and no adjustments shall be made to the Detailed Financial Benefits Table. EXHIBIT 1 DETAILED FINANCIAL BENEFITS TABLE Attached. Detailed Financial Benefits Table Phase Year # Year Event Business Operations Milestone Payment People Community and Culture Community Services Community Facilities Special Facility Payment XxX Taxation (estimated) Benefits and Taxation (estimated) Total For All Phases 41,750,000 12,500,000 132,000,000 51,000,000 67,500,000 103,500,000 9,932,000 418,182,000 Phase Year # Year Event Business Operations Milestone Payment People Community and Culture Community Services Community Facilities Special Facility Payment XxX Taxation (estimated) Benefits and Taxation (estimated) Licensing 2024 Community Decision and Site Selection - - 1 2025 Submission of Initial Project Description to IAAC 2,000,000 4,000,000 4,500,000 750,000 750,000 12,000,000 2 2026 2,000,000 4,500,000 750,000 750,000 8,000,000 3 2027 2,000,000 4,500,000 750,000 750,000 8,000,000 4 2028 Submission of Final Impact Statement and Licence to Prepare Site Application to IAAC and CNSC 2,000,000 - 4,500,000 750,000 - 750,000 152,800 8,152,800 5 2029 2,000,000 4,500,000 750,000 750,000 152,800 8,152,800 6 2030 2,000,000 4,500,000 750,000 - 750,000 152,800 8,152,800 7 2031 2,000,000 4,500,000 750,000 - 750,000 152,800 8,152,800 Phase 1 Total 60,611,200 Phase Year # Year Event Business Operations Milestone Payment People Community and Culture Community Services Community Facilities Special Facility Payment XxX Taxation (estimated) Benefits and Taxation (estimated) Site Prep 8 2032 Submission of CNSC Construction Licence Application 2,000,000 4,500,000 3,500,000 750,000 2,500,000 750,000 152,800 14,152,800 9 2033 2,000,000 - 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800 10 2034 2,000,000 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800 11 2035 2,000,000 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800 Construction 12 2036 Construction Initiated 2,000,000 2,000,000 3,500,000 750,000 2,000,000 750,000 152,800 11,152,800 13 2037 2,000,000 - 3,500,000 750,000 2,000,000 750,000 152,800 9,152,8...
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Related to Extension of Extended Monitoring Phase

  • Term of Agreement This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

  • DURATION OF AGREEMENT All agreements and obligations of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of the Company or as a director, officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of Indemnitee’s Corporate Status, whether or not Indemnitee is acting in any such capacity at the time any liability or expense is incurred for which indemnification or advancement can be provided under this Agreement.

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Term and Termination In any case, if not sooner terminated, this Agreement shall expire at the close of business on the effective date that the Offering is terminated. This Agreement may be terminated by either party (a) immediately upon notice to the other party in the event that the other party shall have materially failed to comply with any material provision of this Agreement or if any of the representations, warranties, covenants or agreements of such party contained herein shall not have been materially complied with and such failure to comply is not cured within ten (10) days after the date of such occurrence or (b) on 60 days’ written notice. In any event, this Agreement shall be deemed suspended during any period for which the Dealer Manager’s license or registration to act as a broker dealer shall be revoked or suspended by any federal, self-regulatory or state agency. In addition, the Dealer Manager, upon the expiration or termination of this Agreement, shall (a) promptly deposit any and all funds in its possession which were received from investors for the sale of Shares into the appropriate escrow account or, if the Minimum Offering has been reached, into such other account as the Company may designate; and (b) promptly deliver to the Company all records and documents in its possession which relate to the Offering which are not designated as dealer copies. The Dealer Manager, at its sole expense, may make and retain copies of all such records and documents required to be retained by the Dealer Manager pursuant to (i) Federal and state securities laws and the rules and regulations thereunder, (ii) the applicable rules of FINRA and (iii) the NASAA REIT Guidelines, but shall keep all such information confidential; provided, that, nothing contained in this Agreement shall prevent the Dealer Manager from disclosing any such information to any regulatory authority asserting jurisdiction over the Dealer Manager. The Dealer Manager shall use its reasonable best efforts to cooperate with the Company to accomplish any orderly transfer of management of the Offering to a party designated by the Company. Upon expiration or termination of this Agreement, the Company shall pay to the Dealer Manager all earned but unpaid compensation and reimbursement for all incurred, accountable compensation to which the Dealer Manager is or becomes entitled under Section 5 of this Agreement, including but not limited to any Distribution Fees, pursuant to the requirements of that Section 5 at such times as such amounts become payable pursuant to the terms of such Section 5 without acceleration; provided, however, that if the Minimum Offering is not reached prior to such expiration or termination, the Company shall not pay any such compensation and reimbursements to the Dealer Manager.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Probationary Period A new employee will be considered on probation until he has completed forty-five (45) days of work (or 337.5 hours of work for employees whose regular hours of work are other than the standard work day), within any twelve (12) calendar months. Upon completion of the probationary period he shall be credited with seniority equal to forty-five (45) working days. With the written consent of the Hospital, the probationary employee and the President of the Local Union or designate, such probationary period may be extended. Any extensions agreed to will be in writing and will specify the length of the extension. The release or discharge of an employee during the probationary period shall not be the subject of a grievance or arbitration.

  • Scope of Services The specific scope of work for each job shall be determined in advance and in writing between TIPS Member, Member’s design professionals and Vendor. It is permitted for the TIPS Member to provide a general scope description, but the awarded vendor should provide a written scope of work, and if applicable, according to the TIPS Member’s design Professional as part of the proposal. Once the scope of the job is agreed to, the TIPS Member will issue a PO and/or an Agreement or Contract with the Job Order Contract Proposal referenced or as an attachment along with bond and any other special provisions agreed by the TIPS Member. If special terms and conditions other than those covered within this solicitation and awarded Agreements are required, they will be attached to the PO and/or an Agreement or Contract and shall take precedence over those in this base TIPS Vendor Agreement.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Amendment This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.

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