Frostwood Lift Sample Clauses

Frostwood Lift. This Amended Agreement requires the installation of a transportation lift to connect the Frostwood Development Area with the Resort Core by a temporary and a permanent alignment connecting to the Lower, the alignments for both are shown in Exhibit B.4 . The Developer or Developers of the Frostwood Development Area shall provide the County with evidence of an agreement that provides for the construction, operation, and maintenance of a temporary and permanent lift and a schedule for constructing the lifts prior to the issuance of the first building permit for a Frostwood Project Site. Either alternative shall be installed prior to issuance of Certificates of Occupancy for the first Project Site for the Frostwood Development Area unless the Developer has demonstrated to the Director that construction of the lift, although not complete, is progressing and that a bond in an amount that will secure the installation of the lift shall be posted, then the time frame for construction may be extended to a date 15 days before the official commencement of skiing at The Resort in that calendar year. The permanent lift shall be constructed before or in conjunction with the completion of the lift described in Section 3.6.3.10. (The Frostwood Developers shall not be relieved of the responsibility to provide the permanent lift but may, with the approval of the Master Developer, retain the lift designated as temporary herein on a permanent basis).
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Related to Frostwood Lift

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

  • Not a U.S. Real Property Holding Corporation The Acquiror Company is not and has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code at any time during the applicable period specified in Section 897(c)(1)(A)(ii) of the Code.

  • Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Public Utility Holding Company Neither the Company nor any Subsidiary is, or will be upon issuance and sale of the Securities and the use of the proceeds described herein, subject to regulation under the Public Utility Holding Company Act of 1935, as amended, the Federal Power Act, the Interstate Commerce Act or to any federal or state statute or regulation limiting its ability to issue and perform its obligations under any Transaction Agreement.

  • Public Utility Holding Company Act Neither the Company nor any of its Subsidiaries is a "holding company", or an "affiliate" of a "holding company" or a "subsidiary company" of a "holding company", within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Certification of Limited Liability Company and Limited Partnership Interests Each interest in any limited liability company or limited partnership controlled by any Grantor and pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

  • U.S. Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

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