Future Expansions Clause Samples
The Future Expansions clause outlines how additional work, services, or project phases beyond the original agreement will be handled. Typically, it sets out the process for proposing, approving, and integrating new expansions, such as requiring written amendments or mutual consent before proceeding with extra work. This clause ensures that both parties have a clear, agreed-upon method for addressing future growth or changes, thereby preventing misunderstandings and disputes over scope or compensation as the project evolves.
Future Expansions. If the Global Supply Team determines that an additional process line is required, then such additional line will be included in the Project under conditions to be negotiated by ▇▇▇▇▇▇▇ and ACTII at the time of such determination.
Future Expansions. Subject to Section 3.1.1(a), the AOD shall at all times include all lands within two (2) miles of any part of the Gathering System except as otherwise excluded pursuant to Section 3.1.1. If Gatherer at any time after the Effective Date expands the Gathering System, then, beginning on the in-service date of such expansion, the AOD shall be increased to include all lands within two (2) miles of any part of such expansion and this Agreement shall be deemed amended to reflect the increased AOD.
Future Expansions. Should Transporter elect in the future to expand the Project or a lateral directly connected to the Project on a forward haul basis, an Anchor Shipper or a Foundation Shipper shall have a right to participate in that project (“OVC Expansion Project”). Transporter shall notify such Shipper prior to holding an Open Season for an OVC Expansion Project and, in consideration of Shipper committing to be an Anchor Shipper or Foundation Shipper in this Precedent Agreement, Shipper shall have the right to participate in any OVC Expansion Project as an Anchor or Foundation Shipper, and to receive Anchor or Foundation Shipper benefits, regardless of the level of transportation service capacity Shipper chooses in that project. Notwithstanding the foregoing, Shipper’s right under this Section 2(b) shall not apply to Transporter’s separate project to modify, expand, and extend certain of its transmission facilities in order to provide additional firm transportation service from Clarington, Ohio to Lebanon, Ohio and such other locations as Transporter may determine, which is a separate project and not an OVC Expansion Project, and for which an Open Season has already been held. The Parties agree that nothing in this Section prohibits Shipper from requesting firm capacity on similar proposed projects.
Future Expansions. All future expansions of the Premises shall be for a Basic Rent equal to ninety-five percent (95%) of fair market value of the expansion space, subject to adjustments as set forth in the Lease, except that the denominator of the fraction used to determine the Basic Rent adjustment for such additional space shall be the monthly Index (as such term is defined in Section 4(b) of the Lease) for the month immediately preceding the first month that Lessee leases such expansion space.
Future Expansions. The terms of the Agreement, as amended by this Amendment, shall also extend to any increases in the number of Gaming Devices beyond 2000, if permitted by new legislation (the "Future Expansions").