Lead Agency Status Clause Samples

The Lead Agency Status clause designates one party as the primary coordinator or representative in dealings with third parties or regulatory bodies. This clause typically grants the lead agency authority to make decisions, submit filings, or communicate on behalf of all involved parties, especially in projects involving multiple stakeholders or joint ventures. Its core function is to streamline communication and decision-making, reducing confusion and ensuring that responsibilities are clearly allocated to avoid duplication of effort or conflicting actions.
Lead Agency Status. The City and Port recognize that an important purpose of this Agreement is to establish procedures to facilitate and expedite development of Port properties. The development review process shall ensure that the project complies with the State Environmental Policy Act (SEPA), Chapter 43.21C
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Lead Agency Status. The City and Port recognize that an important purpose of this Agreement is to establish procedures to facilitate and expedite development of Port properties. Part of the development review process is to ensure projects comply with the State Environmental Policy Act (SEPA), Chapter 43.21C RCW/197-11 WAC. To eliminate the need for case-by-case discussions in the future, the Parties agree that service as SEPA lead agency on port-owned properties will be as follows: 1. For projects located within the AAA boundaries, the Port will serve as SEPA lead agency. 2. For proposals for private development on Port property located outside the AAA: a. The City will serve as SEPA Lead Agency, and the Port will be a Consulted Agency per WAC ▇▇▇-▇▇-▇▇▇, for those proposals that are not associated with Airport Operations. b. The Port will serve as SEPA Lead Agency, and the City will be a Consulted Agency per WAC ▇▇▇-▇▇-▇▇▇, for those proposals that are associated with Airport Operations. c. Proposals that are associated with Airport Operations are defined as proposals for Airport Airfield Facilities, Airport Cargo Facilities, Airport Landside Facilities, Airport Support Facilities or Airport Terminal Complex as defined in Appendix 3B.
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Lead Agency Status. The City and Port recognize that an important purpose of this Agreement is to establish procedures to facilitate and expedite development of Port properties. Part of tThe development review process is ▇▇▇▇▇▇▇ ensure project’s complythat the project complies with the State Environmental Policy Act (SEPA), Chapter 43.21C RCW and /197-11 WAC. In order tTo eliminate the need for case-by-case discussions in the future, the Parties agree that service as SEPA lead agency on port-owned properties will be as follows: 1. For projects located within the AAA boundaries, the Port will serve as SEPA lead agency. 2. For proposals for private development on Port property located outside the AAA: a. The City will serve as SEPA Lead Agency, and the Port will be a Consulted Agency per WAC ▇▇▇-▇▇-▇▇▇, for those proposals that are not associated with Airport Operations. b. The Port will serve as SEPA Lead Agency, and the City will be a Consulted Agency per WAC ▇▇▇-▇▇-▇▇▇, for those proposals that are associated with Airport Operations. c. Proposals that are associated with Airport Operations are defined as proposals for Airport Airfield Facilities, Airport Cargo Facilities, Airport Landside Facilities, Airport Support Facilities or Airport Terminal Complex as defined in Appendix 3B.. (See Definitions.)
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Lead Agency Status. The Village agrees to LIPA being lead agency for the SEQRA review of the project contemplated hereunder, and LIPA agrees that the Village shall continue as an involved agency in the SEQRA review of the project.
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Related to Lead Agency Status

  • Required Notices to Rating Agency and Subservicer The Company, the Master Servicer or the Trustee, as applicable, shall notify each Rating Agency and the Subservicer at such time as it is otherwise required pursuant to this Agreement to give notice of the occurrence of, any of the events described in clause (a), (b), (c), (d), (g), (h), (i) or (j) below or provide a copy to each Rating Agency at such time as otherwise required to be delivered pursuant to this Agreement of any of the statements described in clauses (e) and (f) below: (a) a material change or amendment to this Agreement, (b) the occurrence of an Event of Default, (c) the termination or appointment of a successor Master Servicer or Trustee or a change in the majority ownership of the Trustee, (d) the filing of any claim under the Master Servicer's blanket fidelity bond and the errors and omissions insurance policy required by Section 3.12 or the cancellation or modification of coverage under any such instrument, (e) the statement required to be delivered to the Holders of each Class of Certificates pursuant to Section 4.03, (f) the statements required to be delivered pursuant to Sections 3.18 and 3.19, (g) a change in the location of the Custodial Account or the Certificate Account, (h) the occurrence of any monthly cash flow shortfall to the Holders of any Class of Certificates resulting from the failure by the Master Servicer to make an Advance pursuant to Section 4.04, (i) the occurrence of the Final Distribution Date, and (j) the repurchase of or substitution for any Mortgage Loan, provided, however, that with respect to notice of the occurrence of the events described in clauses (d), (g) or (h) above, the Master Servicer shall provide prompt written notice to each Rating Agency and the Subservicer of any such event known to the Master Servicer.

  • Reports to Rating Agencies The Servicer shall deliver to each Rating Agency, at such address as such Rating Agency may request, a copy of all reports or notices furnished or delivered pursuant to this Article III and a copy of any amendments, supplements or modifications to this Agreement and any other information reasonably requested by such Rating Agency to monitor this transaction. If CarMax is no longer the Servicer, the successor Servicer shall provide any required Rating Agency notices, reports or other communications to the Depositor, who promptly shall provide such notices, reports or communications to the Rating Agencies.

  • Rating Agency Downgrade In the event that DBAG’s short-term unsecured and unsubordinated debt rating is reduced below “A-1” by S&P or, if DBAG has both a long-term credit rating and a short-term credit rating from Moody’s, and either its long-term unsecured and unsubordinated debt rating is withdrawn or reduced below “A2” by Moody’s or its short-term credit rating is withdrawn or reduced below “P-1” by Moody’s (and together with S&P, the “Swap Rating Agencies”, and such rating thresholds, “Approved Rating Thresholds”), then within 30 days after such rating withdrawal or downgrade, DBAG shall, subject to the Rating Agency Condition and at its own expense, either (i) cause another entity to replace DBAG as party to this Agreement that meets or exceeds the Approved Rating Thresholds on terms substantially similar to this Agreement, (ii) obtain a guaranty of, or a contingent agreement of another person with the Approved Rating Thresholds, to honor, DBAG’s obligations under this Agreement, (iii) post collateral which will be sufficient to restore the immediately prior ratings of the Certificates and any Notes, or (iv) establish any other arrangement which will be sufficient to restore the immediately prior ratings of the Certificates and any Notes. In the event that DBAG’s long-term unsecured and unsubordinated debt rating is reduced below “BBB-” or its short-term unsecured and unsubordinated debt rating is reduced below “A-3” or is withdrawn by S&P or DBAG’s long-term unsecured and unsubordinated debt rating is withdrawn or reduced below “A3” by Moody’s or its short-term credit rating is reduced below “P-2” by Moody’s, then within 10 days after such rating withdrawal or downgrade, DBAG shall, subject to the Rating Agency Condition and at its own expense, either (i) cause another entity to replace DBAG as party to this Agreement that meets or exceeds the Approved Rating Thresholds on terms substantially similar to this Agreement or (ii) obtain a guaranty of, or a contingent agreement of another person with the Approved Rating Thresholds to honor, DBAG’s obligations under this Agreement. In either case, DBAG shall deliver collateral acceptable to the Swap Rating Agencies until DBAG has made such transfer or obtained a guaranty as set forth in (i) and (ii) above. For purposes of this provision, “Rating Agency Condition” means, with respect to any particular proposed act or omission to act hereunder that the party acting or failing to act must consult with each of the Swap Rating Agencies then providing a rating of the Certificates and any Notes and receive from each of the Swap Rating Agencies a prior written confirmation that the proposed action or inaction would not cause a downgrade or withdrawal of the then-current rating of the Certificates or any Note.

  • System Agency Data A. As between the Parties, all data and information acquired, accessed, or made available to Grantee by, through, or on behalf of System Agency or System Agency contractors, including all electronic data generated, processed, transmitted, or stored by Grantee in the course of providing data processing services in connection with ▇▇▇▇▇▇▇’s performance hereunder (the “System Agency Data”), is owned solely by System Agency. B. Grantee has no right or license to use, analyze, aggregate, transmit, create derivatives of, copy, disclose, or process the System Agency Data except as required for Grantee to fulfill its obligations under the Grant Agreement or as authorized in advance in writing by System Agency. C. For the avoidance of doubt, Grantee is expressly prohibited from using, and from permitting any third party to use, System Agency Data for marketing, research, or other non-governmental or commercial purposes, without the prior written consent of System Agency. D. Grantee shall make System Agency Data available to System Agency, including to System Agency’s designated vendors, as directed in writing by System Agency. The foregoing shall be at no cost to System Agency. E. Furthermore, the proprietary nature of ▇▇▇▇▇▇▇’s systems that process, store, collect, and/or transmit the System Agency Data shall not excuse ▇▇▇▇▇▇▇’s performance of its obligations hereunder.

  • Reporting of Reportable Events If ▇▇▇▇▇ determines (after a reasonable opportunity to conduct an appropriate review or investigation of the allegations) through any means that there is a Reportable Event, ▇▇▇▇▇ shall notify OIG, in writing, within 30 days after making the determination that the Reportable Event exists.