Infrastructure Investments Sample Clauses

Infrastructure Investments. The Parties will have the opportunity to participate, with up to their proportionate Working Interest Share, in any infrastructure project proposed by PED or EPM that is constructed on the Project Area, or on lands located within 5 miles from the boundary of the Project Area, for which the primary purpose of the project is for the development of the Project Area (hereinafter an “Infrastructure Project”). Infrastructure Projects may include, but are not limited to, Oil and Gas pipelines, midstream processing facilities, water supply facilities and saltwater disposal xxxxx, gathering and facilities. PED, or the designated Operator, may allocate to and charge the well(s) an amount that is commensurate with the market rate for similar services available in the area at the time the Infrastructure Project is constructed, as reasonably determined by PED or the designated Operator, the intent of this Section 5.4 being that a Non-Participating Party in any Infrastructure Project should not realize financial benefit at the expense of the Participating Parties in any Infrastructure Project. PED, or the designated Operator, shall provide written notice to the Parties of any proposed Infrastructure Project, along with design specifications, construction plans and estimated costs. The Parties will have ninety (90) days from receipt of any Infrastructure Project proposal to make their election in writing as to their decision to participate. Failure to deliver such notice of election within said prescribed period shall be deemed an election not to participate. The Participating Parties in an Infrastructure Project shall pay each invoice received from PED, or the designated Operator, related thereto within thirty (30) days from receipt, but in no event shall the invoice be sent prior to the expiration of such ninety (90) day election period. Failure to timely pay an invoice related to an Infrastructure Project shall be deemed an election not to participate in the Infrastructure Project, and any such non-paying party shall be deemed a Non-Participating Party upon the date that such payment is thirty (30) days past due. Any Non-Participating Party in an Infrastructure Project shall forfeit their interest in the Infrastructure Project (including any/all payments made previously) upon the date that such payment is thirty (30) days past due.
Sample 1
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Infrastructure Investments. Engineering Within the resources approved in the Budget, manage engineering projects approved by the City Council. Managing engineering projects shall include in-house engineering as well as the preparation of scopes for procurement documents, evaluation of proposals, and recommendation for awards. Manage engineering or awarded engineering contracts shall include physical investigation on site to develop details plans of the existing environment including detailed planimetric surveys of the project area/corridor. Develop horizontal (curves) and vertical (grades) alignments. Determine specific types of soils on site and develop preliminary designs for containing runoff including storm drains, determining hydraulic and structural characteristics of the project’s design, and developing a sediment control plan for use during the construction. Determine the amount of right-of-way necessary for the project. If applicable, determine intersection geometrics with other roads along the length of the project (including determining number of approach and receiving lanes, cross walks, exclusive left or right turn lanes, etc.). Develop final concepts for the design of the project at a more detailed scale than concept and preliminary design. Determine if special structures are necessary to mitigate noise impacts along the length of the project (walls, berms, etc.). Determine environmental impacts and any necessary mitigation measures necessary to comply with wetlands, forest conversation, and other regulations. Develop a construction sequence for phasing the different elements of construction activities including interim traffic control, phasing removal of existing paving/demolition, phasing of construction activities, etc. Itemize construction elements to develop cost estimates such as tons of asphalt at $x/ton. Workload: $400K in FY2017 Budget for concept through construction ($150K for concept through construction of XxXxxxxx Ferry (additional eastbound lane at Chattahoochee River), and $250K for concept through construction of XxXxxxxx Ferry at Xxxxx Creek Parkway Intersection Improvement); engineering in-house Workload: Annualized estimate of 5-10 active projects Workload: Annualized estimate of $12M of projects Performance: Complete project on-time and within budget
Sample 1
Infrastructure Investments. Unless other- wise noted, within amounts provided, NSF is directed to allocate no less than the fiscal year 2022 enacted levels to maintain its core research levels, including support for exist- ing scientific research laboratories, observa- tional networks, and other research infra- structure assets, such as the astronomy as- sets, the current academic research fleet, federally-funded research and development centers, and the national high performance computing centers.
Sample 1
Infrastructure Investments. Carrying out of a program of targeted infrastructure investments in the Project Provinces to provide the foundation for economic and production activity and generate positive spill over benefits, consisting of: (a) site clearing, design and construction of a selected training centre and a selected research centre in Tenaru in Guadalcanal province; (b) rehabilitation of the National Research Headquarters; (c) site clearing, design and construction of a Pig Breed Improvement Facility at Tenaru in Guadalcanal province; (d) site clearing, design and construction of a market in Makira province; (e) site clearing, design and construction of a storage facility at Xxxx-Xxxx in Makira province; and (f) site clearing, demolition, design and construction of MAL’s provincial offices in Makira and Malaita provinces. Part 2: Institutional Capacity Development
Sample 1
Infrastructure Investments. WestJet and the Government of Alberta will seek opportunities to enable growth through strategic public and private investments in supportive infrastructure relating to aerospace and aviation sector needs. This could include relevant community, airport and other commercial needs to ensure the infrastructure is in place to support the growth of the sector that will occur over the course of this MOU and beyond.
Sample 1

Related to Infrastructure Investments

  • PIPE Investment (a) Acquiror has delivered to the Company true, correct and complete copies of each of the Subscription Agreements entered into by Acquiror with the applicable PIPE Investors named therein, pursuant to which the PIPE Investors have committed to provide equity financing to Acquiror solely for purposes of consummating the Transactions in the aggregate amount of not less than $225,000,000 (the “PIPE Investment Amount”). To the knowledge of Acquiror, with respect to each PIPE Investor, the Subscription Agreement with such PIPE Investor is in full force and effect and has not been withdrawn or terminated, or otherwise amended or modified, in any respect, and no withdrawal, termination, amendment or modification is contemplated by Acquiror. Each Subscription Agreement is a legal, valid and binding obligation of Acquiror and, to the knowledge of Acquiror, each PIPE Investor, and neither the execution or delivery by any party thereto nor the performance of any party’s obligations under any such Subscription Agreement violates or will violate any Laws. There are no other agreements, side letters, or arrangements between Acquiror and any PIPE Investor that could affect the obligation of such PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreement of such PIPE Investors, and, as of the date hereof, Acquiror does not know of any facts or circumstances that may reasonably be expected to result in any of the conditions set forth in any Subscription Agreement not being satisfied, or the PIPE Investment Amount not being available to Acquiror, on the Closing Date. No event has occurred that, with or without notice, lapse of time or both, would constitute a default or breach on the part of Acquiror under any material term or condition of any Subscription Agreement and, as of the date hereof, Acquiror has no reason to believe that it will be unable to satisfy in all respects on a timely basis any condition to closing or material term to be satisfied by it contained in any Subscription Agreement. The Subscription Agreements contain all of the conditions precedent (other than the conditions contained in this Agreement) to the obligations of the PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreements on the terms therein.

  • Investments Make any Investments, except:

  • Non-Investment Advisory Services The Fund hereby employs the Manager to provide certain non-investment advisory services for the Portfolio, subject to the direction of the officers and the Board on the terms hereinafter set forth. Specifically, the Manager shall perform or arrange for the performance, as applicable, at its own expense (except as provided in Section 4 or unless otherwise agreed to by the Manager and the Fund, in which case at the Fund’s expense), the following services to the Fund on behalf of the Portfolio to the extent that any such services are not otherwise provided by any other service provider to the Fund:

  • Investment Advisory Facilities The Sub-Adviser, at its expense, will furnish all necessary investment facilities, including salaries of personnel, required for it to execute its duties hereunder.

  • Investments; Acquisitions Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make or own any Investment in any Person, including any Joint Venture, or acquire, by purchase or otherwise, all or substantially all the business, property or fixed assets of, or Capital Stock of any Person, or any division or line of business of any Person except:

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Equity Investments Equity Investments, which, to the extent constituting Stock other than common Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.

  • Multi-Manager Funds In connection with securities transactions for the Fund, the Subadviser that is (or whose affiliated person is) entering into the transaction, and any other investment manager that is advising an affiliate of the Fund (or portion of the Fund) (collectively, the “Managers” for the purposes of this section) entering into the transaction are prohibited from consulting with each other concerning transactions for the Fund in securities or other assets and, if both Managers are responsible for providing investment advice to the Fund, the Manager’s responsibility in providing advice is expressly limited to a discrete portion of the Fund’s portfolio that it manages. This prohibition does not apply to communications by the Adviser in connection with the Adviser’s (i) overall supervisory responsibility for the general management and investment of the Fund’s assets; (ii) determination of the allocation of assets among the Manager(s), if any; and (iii) investment discretion with respect to the investment of Fund assets not otherwise assigned to a Manager.

  • Real Estate Investment Trust Commencing with its taxable year ended December 31, 2009, the Company has been organized and operated in conformity with the requirements for qualification and taxation as a real estate investment trust (“REIT”) under the Code, and its proposed method of operation will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code.

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