Common use of M/WBE Program Clause in Contracts

M/WBE Program. (a) The Lessee has submitted to the Agency an M/WBE Participation Plan which states the Lessee’s proposed plans for participation by minority-owned business enterprises (“MBEs”) and women-owned business enterprises (“WBEs”, together with MBEs collectively referred to as “M/WBEs”) in the Project Work until the Project Completion Deadline, and includes the MWBE Participation Goals, defined as the target percentage of the Project Improvements Investment that will be paid to M/WBEs. The M/WBE Participation Plan is attached hereto as Exhibit O-1. (b) The Lessee agrees that from the Commencement Date until the Project Completion Deadline, the Lessee and its successors and assigns shall use its good faith efforts to comply with the terms and conditions and reach the goals outlined in the Lessee’s M/WBE Participation Plan set forth in Exhibit O-1 and the M/WBE Program Requirements set forth in Exhibit O-2. The Lessee agrees to be bound by each of the provisions in such M/WBE Participation Plan and the M/WBE Program Requirements, including without limitation, the provision of all Compliance Reports (as defined therein) and the payment of any liquidated damages set forth therein.

Appears in 1 contract

Sources: Agency Lease Agreement

M/WBE Program. (a) The Lessee has submitted to the Agency an M/WBE Participation Plan which states the Lessee’s proposed plans for participation by minority-owned business enterprises (“MBEs”) and women-owned business enterprises (“WBEs”, together with MBEs “MBEs” collectively referred to as “M/WBEs”) in the Project Work until the Project Completion Deadline, and includes the MWBE Participation Goals, defined as the target percentage of the Project Improvements Investment that will be paid to M/WBEs. The M/WBE Participation Plan is attached hereto as Exhibit O-1. (b) The Lessee agrees that from the Commencement Date until the Project Completion Deadline, the Lessee and its successors and assigns shall use its good faith efforts to efforts to comply with the terms and conditions and reach the goals outlined in the Lessee’s M/WBE Participation Plan set forth in Exhibit O-1 and the M/WBE Program Requirements set forth in Exhibit O-2. The Lessee agrees to be bound by each of the provisions in such M/WBE Participation Plan and the M/WBE Program Requirements, including without limitation, the provision of all Compliance Reports (as defined therein) and the payment of any liquidated damages set forth therein.

Appears in 1 contract

Sources: Agency Lease Agreement

M/WBE Program. (a) The Lessee has submitted to the Agency an M/WBE Participation Plan which states the Lessee’s proposed plans for participation by minority-owned business enterprises (“MBEs”) and women-owned business enterprises (“WBEs”, together with MBEs “MBEs” collectively referred to as “M/WBEs”) in the Project Work until the Project Completion Deadline, and includes the MWBE Participation Goals, defined as the target percentage of the Project Improvements Investment that will be paid to M/WBEs. The M/WBE Participation Plan is attached hereto as Exhibit O-1. (b) The Lessee agrees that from the Commencement Date until the Project Completion Deadline, the Lessee and its successors and assigns shall use its good faith efforts to efforts to comply with the terms and conditions and reach the goals outlined in the Lessee’s M/WBE Participation Plan set forth in Exhibit O-1 and the M/WBE Program Requirements set forth in Exhibit O-2. The Lessee agrees to be bound by each of the provisions in such M/WBE Participation Plan and the M/WBE Program Requirements, including without limitation, the provision of all Compliance Reports (as defined therein) and the payment of any liquidated damages set forth therein.

Appears in 1 contract

Sources: Agency Lease Agreement

M/WBE Program. (a) The Lessee has submitted to the Agency an M/WBE Participation Plan which states the Lessee▇▇▇▇▇▇’s proposed plans for participation by minority-owned business enterprises (“MBEs”) and women-owned business enterprises (“WBEs”, together with MBEs “MBEs” collectively referred to as “M/WBEs”) in the Project Work until the Project Completion Deadline, and includes the MWBE Participation Goals, defined as the target percentage of the Project Improvements Investment that will be paid to M/WBEs. The M/WBE Participation Plan is attached hereto as Exhibit O-1. (b) The Lessee agrees that from the Commencement Date until the Project Completion Deadline, the Lessee and its successors and assigns shall use its good faith efforts to efforts to comply with the terms and conditions and reach the goals outlined in the Lessee’s M/WBE Participation Plan set forth in Exhibit O-1 and the M/WBE Program Requirements set forth in Exhibit O-2. The Lessee agrees to be bound by each of the provisions in such M/WBE Participation Plan and the M/WBE Program Requirements, including without limitation, the provision of all Compliance Reports (as defined therein) and the payment of any liquidated damages set forth therein.

Appears in 1 contract

Sources: Agency Lease Agreement