General Conventions Clause Samples

General Conventions. 1.1.1 This Agreement is effective as of the date on which this Agreement is executed by both Parties and shall terminate upon Project Close-out, as described in subsection 4.2, unless terminated earlier pursuant to subsection 5.4. 1.1.2 The capitalized terms used herein shall have the meaning set forth in Exhibit A. 1.1.3 Whenever either Party's decision, determination, approval or consent (each a "decision") is required on the subject matter in this Agreement, the Party will promptly exercise reasonable judgment in granting or denying the matter for which a decision was requested. Consent or approval under this Agreement shall not be unreasonably withheld, delayed, or conditioned. The following shall apply to such decisions: (a) Whenever this Agreement allows or requires a decision by the City, the decision shall be made by the City in its role as a grantor under this Agreement and not as an exercise of the City’s regulatory authority. (b) The approvals of the City required or allowed by this Agreement shall be given by the City Project Manager, unless such authority is specifically reserved to the City Council or other City official. The approvals of TriMet required or allowed by this Agreement shall be given by the TriMet Project Manager, unless such authority is reserved to the TriMet Board or other TriMet official. (c) Any consent or approval granted by a party shall not constitute a waiver of the requirement for consent or approval in subsequent cases. No change in the rights of the Parties or the terms of this Agreement shall be required as a condition to the granting of approval or consent.