Initial Form of Leases, Due Diligence, and Deliverables Sample Clauses

Initial Form of Leases, Due Diligence, and Deliverables. Sonnenblick shall commence all due diligence activities reasonably required by either Party no later than when the Commission shall conceptually approve a Financing Analysis acceptable to Sonnenblick. Due diligence activities shall be for the benefit of both Parties and shall include but not limited to market and financial feasibility studies for the project as a whole and its component parts including the enhanced transportation network, final site suitability (geotechnical), hazardous materials, if any, removal or remediation, survey of the Site to determine actual property lines of the project and between the component uses/sub-leases, and marketable or clear title to the grounds to be leased to Sonnenblick. The City shall cooperate with this effort by providing copies of any of this information in its possession. Within 20 days after the Commission shall conceptually approve the Financing Analysis acceptable to Sonnenblick, Sonnenblick shall deliver to the City its proposed form of all leases and related agreements authorizing all private uses on the marina Site to begin the process of negotiating the ultimate DA and all leases and related agreements for the project, together with a project map showing the boundaries of the master lease and each sub-lease, and all public areas and ways. The Parties understand that negotiation of all these documents will be a process that begins here and parallels the remaining stages described in this Agreement. The goal is for the City to receive Sonnenblick’s lease proposals by no later than March 1. 2018. It is difficult to anticipate the number of public hearings will be required for the Commission to receive public comments upon the deliverables, or iterations of them, before the Commission decides to conceptually approve, approve with conditions, modify or reject each or every deliverable. It would be reasonable to anticipate several. If all the deliverables are conceptually approved by the City, the City and Sonnenblick shall proceed to negotiation of the DA. It is possible that preliminary drafting and negotiation of the DA could occur during this stage. The goal is to complete this stage and deliver to the City all Deliverables defined below on or before September 1, 2018. The Parties acknowledge that satisfactory completion of this stage is material to Sonnenblick’s continued attention to the project and to the City’s giving Sonnenblick the exclusive right to negotiate for the opportunity to develop the marin...
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Related to Initial Form of Leases, Due Diligence, and Deliverables

  • Title to Improvements and Delivered Materials Title to all improvements constructed at the Site vests instanter in the Board of Regents. Title to all materials vests in the Board of Regents upon their delivery without rejection by the Contractor at the Site, regardless of the status of payment or nonpayment of the costs thereto. Protection of laborers and Suppliers (regarding payment for services and materials) is effected through the provision of payment and performance bonds by the State.

  • WARRANTY – DELIVERABLES The Contractor warrants and represents that all deliverables sold the City under the Contract shall be free from defects in design, workmanship or manufacture, and conform in all material respects to the specifications, drawings, and descriptions in the Solicitation, to any samples furnished by the Contractor, to the terms, covenants and conditions of the Contract, and to all applicable State, Federal or local laws, rules, and regulations, and industry codes and standards. Unless otherwise stated in the Solicitation, the deliverables shall be new or recycled merchandise, and not used or reconditioned.

  • Reports and deliverables 1. The consortium shall submit a periodic report to the REA for each reporting period within 60 days after the end of each respective period. The report shall comprise:

  • Closing Deliverables (a) At the Closing, Seller shall deliver to Buyer the following:

  • Title to Project Deliverables Contractor acknowledges that it is commissioned by the Authorized User to perform the services detailed in the Purchase Order. Unless otherwise specified in writing in the Bid or Purchase Order, the Authorized User shall have ownership and license rights as follows:

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

  • Project Deliverables The Contractor shall provide each of the following deliverables in writing to the City for review and approval to achieve the project objectives.

  • Tasks and Deliverables A description of and the schedule for each task and deliverable, illustrated by a Xxxxx chart. Start and completion dates for each task, milestone, and deliverable shall be indicated. Must include deliverables specified in SOW-RFP as well as other deliverables that may be proposed by Contractor.

  • Assignment Amendments Waiver and Contract Complete 8.1 The Contractor may neither assign nor transfer any rights or obligations under this Agreement without the prior consent of the Authority and a fully executed Assignment Agreement, executed and approved by the same parties who executed and approved this Agreement, or their successors in office. Any attempted assignment without said consent shall be void and of no effect. The Authority may assign or otherwise transfer or dispose of all or a portion of this Agreement in its sole discretion and without the consent of the Contractor. The Contractor shall execute all consents reasonably required to facilitate such assignment or other transfer.

  • Acknowledgement of Existing Physical Conditions In undertaking the work under this Contract, the Contractor acknowledges that he has visited the premises and has taken into consideration all open and apparent conditions that might affect his work. No claim based on lack of knowledge of existing conditions shall be allowed unless the existing physical conditions cannot be discovered by a reasonably observant person. Any claims relating to conditions that are materially different from the Contract Documents that were not open and apparent may be adjusted as provided in this Part.

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