{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "licensee-shall", "type": "clause", "offset": [3, 17]}, {"key": "new-project-application", "type": "definition", "offset": [57, 80]}, {"key": "exhibit-k", "type": "definition", "offset": [114, 123]}, {"key": "by-licensor", "type": "clause", "offset": [207, 218]}, {"key": "as-required", "type": "clause", "offset": [219, 230]}, {"key": "compliance-with-applicable-law", "type": "clause", "offset": [235, 265]}, {"key": "the-parties-hereto", "type": "clause", "offset": [291, 309]}, {"key": "a-proposed", "type": "clause", "offset": [334, 344]}, {"key": "the-proposed", "type": "clause", "offset": [395, 407]}, {"key": "does-not-meet", "type": "definition", "offset": [420, 433]}, {"key": "the-applicable", "type": "clause", "offset": [434, 448]}, {"key": "brand-standards", "type": "definition", "offset": [449, 464]}, {"key": "related-to", "type": "clause", "offset": [465, 475]}, {"key": "construction-and-design", "type": 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"right-to-operate", "type": "clause", "offset": [3654, 3670]}, {"key": "executed-copy", "type": "clause", "offset": [4125, 4138]}, {"key": "entered-into", "type": "clause", "offset": [4168, 4180]}, {"key": "promptly-following", "type": "clause", "offset": [4191, 4209]}, {"key": "in-writing", "type": "clause", "offset": [4249, 4259]}, {"key": "expiration-of", "type": "clause", "offset": [4284, 4297]}, {"key": "except-to-the-extent", "type": "clause", "offset": [4324, 4344]}, {"key": "required-by", "type": "definition", "offset": [4345, 4356]}, {"key": "prior-written-approval", "type": "definition", "offset": [4467, 4489]}, {"key": "the-offer", "type": "clause", "offset": [4497, 4506]}, {"key": "agreement-for", "type": "clause", "offset": [4538, 4551]}, {"key": "a-third-party", "type": "clause", "offset": [4656, 4669]}, {"key": "for-licensee", "type": "definition", "offset": [4696, 4708]}, {"key": "comply-with", "type": "clause", "offset": [4712, 4723]}, {"key": "regulatory-requirements", "type": "definition", "offset": [4724, 4747]}, {"key": "without-limitation", "type": "clause", "offset": [4760, 4778]}, {"key": "preparation-and", "type": "clause", "offset": [4784, 4799]}, {"key": "project-developer", "type": "definition", "offset": [4817, 4834]}, {"key": "disclosure-document", "type": "definition", "offset": [4840, 4859]}, {"key": "other-documents", "type": "definition", "offset": [4900, 4915]}, {"key": "regulatory-authorities", "type": "definition", "offset": [4921, 4943]}, {"key": "cost-and-expense", "type": "clause", "offset": [5013, 5029]}, {"key": "applicable-regulations", "type": "clause", "offset": [5162, 5184]}, {"key": "in-connection-with", "type": "clause", "offset": [5279, 5297]}, {"key": "licensee-will", "type": "clause", "offset": [5344, 5357]}, {"key": "cooperate-with", "type": "clause", "offset": [5364, 5378]}, {"key": "compliance-requirements", "type": "definition", "offset": [5415, 5438]}, {"key": "licensor-will", "type": "clause", "offset": [5444, 5457]}, {"key": "costs-incurred", "type": "definition", "offset": [5494, 5508]}, {"key": "the-licensed-marks", "type": "clause", "offset": [5700, 5718]}, {"key": "the-system", "type": "definition", "offset": [5738, 5748]}, {"key": "subject-to", "type": "definition", "offset": [5818, 5828]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [5868, 5891]}, {"key": "a-non", "type": "clause", "offset": [5945, 5950]}, {"key": "at-any-time", "type": "clause", "offset": [6090, 6101]}, {"key": "licensed-destination-club-units", "type": "definition", "offset": [6129, 6160]}, {"key": "residential-units", "type": "definition", "offset": [6480, 6497]}, {"key": "existing-projects", "type": "definition", "offset": [6501, 6518]}, {"key": "the-\u2587", "type": "clause", "offset": [6534, 6539]}, {"key": "licensed-destination-club-products", "type": "definition", "offset": [6581, 6615]}, {"key": "notice-to-licensor", "type": "clause", "offset": [6676, 6694]}], "size": 4, "samples": [{"hash": "2eh86af0SkH", "uri": "/contracts/2eh86af0SkH#new-projects", "label": "License Agreement (Marriott International Inc /Md/)", "score": 22.8863791923, "published": true}, {"hash": "dyEhpg2r38h", "uri": "/contracts/dyEhpg2r38h#new-projects", "label": "License, Services and Development Agreement (Marriott Vacations Worldwide Corp)", "score": 22.7823408624, "published": true}], "snippet": "A. Licensee shall provide Licensor with an application (\u201cNew Project Application\u201d) in the form attached hereto as Exhibit K for each proposed New Project. The form of New Project Application may be modified by Licensor as required for compliance with Applicable Law or as mutually agreed by the parties hereto.\nB. Licensor may reject a proposed New Project only if:\n(i) Licensor determines that the proposed New Project does not meet the applicable Brand Standards related to construction and design or that the location of the proposed New Project does not meet applicable Brand Standards or is otherwise not appropriate for the proposed New Project;\n(ii) Licensor determines that the development of the proposed New Project would breach, or be reasonably likely to breach, any Permitted Territorial Restrictions or restrictions imposed by Applicable Law on Licensor and its Affiliates; or\n(iii) the proposed New Project will involve a co-investor with Licensee and such co-investor is (a) a Lodging Competitor of Licensor, (b) is known in the community as being of bad moral character, (c) has been convicted in any court of a felony or other offense that could result in imprisonment for one (1) year or more or a fine or penalty of one million dollars ($1,000,000) (as adjusted annually after the Effective Date by the GDP Deflator) or more (or is in control of or controlled by Persons who have been convicted in any court of felonies or such offenses), or (d) is, or has an Affiliate that is, a Specially Designated National or Blocked Person. If Licensor does not approve the proposed New Project under Sections 5.2.B(i), (ii), or (iii) above and Licensee disagrees with such determination, then Licensee may refer the matter for Expert resolution pursuant to Section 22.5. The Expert shall make its determination based upon whether Licensor\u2019s rejection was reasonable, given the market positioning and Brand Standards applicable to the proposed New Project. Additionally, if Licensor did not approve the proposed New Project based on its determination that the location of the proposed New Project did not meet applicable Brand Standards or was otherwise not appropriate for the proposed New Project, the Expert shall determine whether the proposed location would be appropriate for Licensor Lodging Facilities in the Upscale Brand Segment or Upper-Upscale Brand Segment, as applicable, based on the market positioning and brand standards applicable to such Licensor Lodging Facilities, and if the Expert determines that the proposed location would be so appropriate, then the proposed location shall be deemed appropriate for the proposed New Project.\nC. Each New Project may operate only under the applicable Project name agreed to by the parties in accordance with the naming protocol set forth in the Brand Standards, which Project name may be changed only in accordance with the naming protocol set forth in the Brand Standards.\n(1) In the event that Licensee delegates the authority to develop a New Project to an Affiliate, Licensee shall sublicense to such Affiliate the right to develop such New Project under the form of sublicense agreement attached as Exhibit E, under which such Affiliate will be required to develop the New Project in accordance with the sublicense agreement and the terms and conditions of this Agreement, and such Affiliate will agree to be bound by the same responsibilities, limitations, and duties of Licensee under this Agreement with respect to such New Project.\n(2) In the event that Licensee delegates the authority to operate a New Project to an Affiliate, Licensee shall sublicense to such Affiliate the right to operate such New Project under the form of sublicense agreement attached as Exhibit E, under which such Affiliate will be required to operate the New Project in accordance with the sublicense agreement and the terms and conditions of this Agreement, and such Affiliate will agree to be bound by the same responsibilities, limitations, and duties of Licensee under this Agreement with respect to such New Project.\n(3) Licensee shall provide Licensor with a fully-executed copy of each sublicense agreement entered into hereunder promptly following its execution and will notify Licensor in writing upon the termination or expiration of any sublicense agreement. Except to the extent required by Applicable Law, Licensee shall not amend or otherwise modify any such sublicense agreement without Licensor\u2019s prior written approval.\nE. If the offer or execution of the sublicense agreement for any Existing Project or proposed New Project (including any New Project that is to be developed through a third party) results in a requirement for Licensee to comply with regulatory requirements, including, without limitation, the preparation and provision to the Project developer of a disclosure document or filing of the disclosure document or other documents with regulatory authorities, Licensee shall comply with such regulatory requirements at its sole cost and expense and provide Licensor with evidence satisfactory to Licensor of Licensee\u2019s compliance therewith within the timeframe required by the applicable regulations. If Licensor determines that Licensor is required to comply with such regulatory requirements in connection with any Existing Project or proposed New Project, Licensee will fully cooperate with Licensor with respect to Licensor\u2019s compliance requirements, and Licensor will not charge Licensee any amounts for costs incurred by Licensor in connection with Licensor\u2019s compliance requirements.\nF. All New Projects that are added to Licensed Non-Site Specific Destination Club Programs must initially be operated under the Licensed Marks in accordance with the System and this Agreement, it being acknowledged that such New Projects are subject to being Deflagged in accordance with the terms of this Agreement. At Licensor\u2019s request, Licensee\u2019s rights to include a Non-Site Specific Destination Club Ownership Vehicle as part of a Licensed Non-Site Specific Destination Club Program shall be discontinued if at any time the aggregate interests in Licensed Destination Club Units that are held by such Non-Site Specific Destination Club Ownership Vehicle is less than one-half (1/2) of the aggregate interests in all Destination Club Units that are held by such Non-Site Specific Destination Club Ownership Vehicle.\nG. Licensee shall have the right to include inventory of Destination Club Units or Residential Units in Existing Projects (as defined in the \u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587\u2587\u2587\u2587 License Agreement) as part of Licensed Destination Club Products under this Agreement, provided, that Licensee provide prior notice to Licensor thereof.", "hash": "6c4c75fec495f86bd4a815eff7bef30e", "id": 3}, {"snippet_links": [{"key": "to-develop", "type": "definition", "offset": [49, 59]}, {"key": "additional-vacation", "type": "clause", "offset": [60, 79]}, {"key": "hilton-marks", "type": "definition", "offset": [110, 122]}, {"key": "the-licensed-marks", "type": "clause", "offset": [135, 153]}, {"key": "in-writing", "type": "clause", "offset": [236, 246]}, {"key": "to-licensor", "type": "clause", "offset": [261, 272]}, {"key": "written-application", "type": "clause", "offset": [275, 294]}, {"key": "all-material-information", "type": "clause", "offset": [309, 333]}, {"key": "sole-discretion", "type": "clause", "offset": [377, 392]}, {"key": "license-to-use", "type": "clause", "offset": [411, 425]}, {"key": "additional-trademarks", "type": "definition", "offset": [431, 452]}, {"key": "in-connection", "type": "definition", "offset": [453, 466]}, {"key": "agreement-or", "type": "definition", "offset": [501, 513]}, {"key": "amendment-to-this-agreement", "type": "clause", "offset": [517, 544]}, {"key": "the-scope", "type": "clause", "offset": [711, 720]}, {"key": "licensed-vacation-ownership-property", "type": "definition", "offset": [744, 780]}, {"key": "not-included", "type": "clause", "offset": [804, 816]}, {"key": "original-proposal", "type": "definition", "offset": [824, 841]}, {"key": "the-property", "type": "clause", "offset": [846, 858]}, {"key": "by-licensor", "type": "clause", "offset": [868, 879]}, {"key": "licensed-ip", "type": "definition", "offset": [1131, 1142]}, {"key": "hilton-data", "type": "definition", "offset": [1147, 1158]}, {"key": "the-proposed", "type": "clause", "offset": [1265, 1277]}, {"key": "proposed-expansion", "type": "definition", "offset": [1320, 1338]}, {"key": "new-property", "type": "clause", "offset": [1401, 1413]}, {"key": "standards-and-agreements", "type": "definition", "offset": [1489, 1513]}, {"key": "development-of-the", "type": "clause", "offset": [1527, 1545]}, {"key": "reasonably-likely", "type": "definition", "offset": [1592, 1609]}, {"key": "agreement-between", "type": "clause", "offset": [1644, 1661]}, {"key": "territorial-restrictions", "type": "clause", "offset": [1700, 1724]}, {"key": "hilton-competitor", "type": "definition", "offset": [1827, 1844]}, {"key": "in-the-community", "type": "definition", "offset": [1859, 1875]}, {"key": "moral-character", "type": "definition", "offset": [1892, 1907]}, {"key": "year-or-more", "type": "clause", "offset": [2020, 2032]}, {"key": "as-adjusted", "type": "definition", "offset": [2091, 2102]}, {"key": "after-the-effective-date", "type": "clause", "offset": [2112, 2136]}, {"key": "cpi-adjustment", "type": "clause", "offset": [2144, 2158]}, {"key": "in-control-of", "type": "definition", "offset": [2175, 2188]}, {"key": "an-affiliate", "type": "clause", "offset": [2300, 2312]}, {"key": "blocked-person", "type": "definition", "offset": [2324, 2338]}, {"key": "plans-and-specifications", "type": "clause", "offset": [2521, 2545]}, {"key": "new-project", "type": "clause", "offset": [2555, 2566]}, {"key": "review-and-inspection", "type": "clause", "offset": [2583, 2604]}, {"key": "to-ensure", "type": "clause", "offset": [2605, 2614]}, {"key": "compliance-with-this-agreement", "type": "clause", "offset": [2632, 2662]}, {"key": "the-standards", "type": "definition", "offset": [2667, 2680]}, {"key": "licensee-shall", "type": "clause", "offset": [2697, 2711]}, {"key": "fixed-fee", "type": "definition", "offset": [2727, 2736]}, {"key": "between-the-parties", "type": "clause", "offset": [2801, 2820]}, {"key": "responsible-for", "type": "clause", "offset": [2834, 2849]}, {"key": "comply-with", "type": "clause", "offset": [2896, 2907]}, {"key": "all-applicable-laws", "type": "definition", "offset": [2908, 2927]}, {"key": "liability-for", "type": "clause", "offset": [3005, 3018]}], "size": 8, "samples": [{"hash": "9yzXgkFt8ZC", "uri": "/contracts/9yzXgkFt8ZC#new-projects", "label": "License Agreement", "score": 29.340862423, "published": true}, {"hash": "aUbtAbkLIZu", "uri": "/contracts/aUbtAbkLIZu#new-projects", "label": "License Agreement (Hilton Grand Vacations Inc.)", "score": 28.0088980151, "published": true}, {"hash": "jsmjA3c1eKP", "uri": "/contracts/jsmjA3c1eKP#new-projects", "label": "License Agreement (Hilton Grand Vacations Inc.)", "score": 27.893908282, "published": true}], "snippet": "(a) If Licensee notifies Licensor that it wishes to develop additional Vacation Ownership Properties that use Hilton Marks (other than the Licensed Marks) either alone or as co-branding with any Licensed Marks, it shall notify Licensor in writing by submitting to Licensor a written application that contains all material information with respect thereto. Licensor may, in its sole discretion, grant Licensee a license to use such additional Trademarks in connection therewith, pursuant to a separate agreement or an amendment to this Agreement.\n(b) If Licensee notifies Licensor that it wishes to (i) develop or acquire additional Vacation Ownership Properties that would use the Licensed Marks or (ii) expand the scope or size of an existing Licensed Vacation Ownership Property (if such expansion was not included in the original proposal for the property approved by Licensor), it shall notify Licensor in writing by submitting to Licensor a written application that contains all material information with respect thereto. Licensor shall not unreasonably withhold its approval for such Vacation Ownership Properties to use the Licensed IP and Hilton Data (and upon such approval, such properties shall become \u201cLicensed Vacation Ownership Properties\u201d herein) if the proposed additional Vacation Ownership Property or proposed expansion to an existing Licensed Vacation Ownership Property (each, a \u201cNew Property\u201d) and Licensee\u2019s intended operation thereof complies with the then-current Standards and Agreements and:\n(i) the development of the proposed New Property would not breach, or be reasonably likely to breach, any applicable Laws or agreement between Licensor or its Affiliates, including territorial restrictions or areas of protection;\n(ii) the proposed New Property will not involve any co-investor that (a) is a Hilton Competitor, (b) is known in the community as being of bad moral character, (c) has been convicted in any court of a felony or other offense that could result in imprisonment for one (1) year or more or a fine or penalty of one million dollars ($1,000,000) (as adjusted annually after the Effective Date by the CPI Adjustment) or more (or is in Control of or Controlled by Persons who have been convicted in any court of felonies or such offenses), or (d) is (or has an Affiliate that is) a Blocked Person; and\n(iii) the proposed New Property is not reasonably likely to harm Licensor, the Licensed IP, the Hilton Data or the goodwill associated therewith.\n(c) Licensor shall provide the plans and specifications for each New Project to Licensor for review and inspection to ensure that they are in compliance with this Agreement and the Standards and Agreements. Licensee shall pay Licensor a fixed fee for such review. Notwithstanding such review and inspection, as between the Parties, Licensee is responsible for ensuring that all aspects of each New Project comply with all applicable Laws, this Agreement and the Standards and Agreements, and Licensor disclaims all liability for any of same.", "hash": "ecfff7718cfc231a4527d2c00494a9ff", "id": 1}, {"snippet_links": [{"key": "the-parties", "type": "definition", "offset": [4, 15]}, {"key": "in-relation-to", "type": "clause", "offset": [29, 43]}, {"key": "delivery-of", "type": "clause", "offset": [77, 88]}, {"key": "qualifying-projects", "type": "definition", "offset": [112, 131]}, {"key": "contained-in", "type": "definition", "offset": [136, 148]}, {"key": "schedule-5", "type": "clause", "offset": [149, 159]}, {"key": "approval-process", "type": "clause", "offset": [161, 177]}, {"key": "in-respect-of", "type": "clause", "offset": [201, 214]}, {"key": "approved-project", "type": "definition", "offset": [220, 236]}, {"key": "where-clause", "type": "clause", "offset": [248, 260]}, {"key": "provider-shall", "type": "clause", "offset": [329, 343]}, {"key": "form-of", "type": "definition", "offset": [410, 417]}, {"key": "the-relevant", "type": "clause", "offset": [418, 430]}, {"key": "template-project-agreement", "type": "definition", "offset": [431, 457]}, {"key": "in-accordance-with", "type": "definition", "offset": [468, 486]}, {"key": "important-notice", "type": "definition", "offset": [492, 508]}, {"key": "set-out", "type": "definition", "offset": [510, 517]}, {"key": "agreement-to", "type": "definition", "offset": [543, 555]}, {"key": "approved-by", "type": "definition", "offset": [728, 739]}, {"key": "welsh-government", "type": "definition", "offset": [744, 760]}, {"key": "in-the-case-of-an", "type": "clause", "offset": [771, 788]}, {"key": "services-only", "type": "clause", "offset": [813, 826]}, {"key": "db-project", "type": "definition", "offset": [833, 844]}, {"key": "community-services", "type": "definition", "offset": [849, 867]}, {"key": "mim-project", "type": "definition", "offset": [1038, 1049]}, {"key": "project-co", "type": "clause", "offset": [1161, 1171]}, {"key": "as-agreed", "type": "clause", "offset": [1480, 1489]}, {"key": "the-project", "type": "clause", "offset": [1496, 1507]}], "size": 5, "samples": [{"hash": "gpQEYj0xKsp", "uri": "/contracts/gpQEYj0xKsp#new-projects", "label": "Wep Strategic Partnering Agreement", "score": 31.692157768, "published": true}, {"hash": "iEZp5dOJIXx", "uri": "/contracts/iEZp5dOJIXx#new-projects", "label": "Wep Strategic Partnering Agreement", "score": 31.6839456653, "published": true}, {"hash": "kOlydZKzB70", "uri": "/contracts/kOlydZKzB70#new-projects", "label": "Wep Strategic Partnering Agreement", "score": 26.4770704997, "published": true}], "snippet": "6.1 The Parties' obligations in relation to the identification, approval and delivery of New Projects which are Qualifying Projects are contained in Schedule 5 (Approval Process for New Projects).\n6.2 In respect of each Approved Project (including where Clause 9.3.5 applies) WEPCo shall, or shall procure that a Project Service Provider shall enter into a Project Agreement either:\n6.2.1 substantially in the form of the relevant Template Project Agreement completed in accordance with the \"IMPORTANT NOTICE\" set out on such Template Project Agreement to reflect such amendments as may be required in the circumstances of that particular Project Agreement and as may be agreed between WEPCo and the Relevant Participant(s) and approved by the Welsh Government; or\n6.2.2 in the case of an Approved Project for FM Services only, or a D&B Project for Community Services only, in such form as may be agreed between the Relevant Participant(s) and WEPCo and approved by the Welsh Government.\n6.3 In respect of each Approved Project that is a MIM Project (including where Clause 9.3.5 applies), WEPCo shall procure that a Project Service Provider shall enter into a Project Co Shareholders' Agreement substantially in the form of the Template Project Co Shareholders' Agreement, completed in accordance with the \"IMPORTANT NOTICE\" set out on such Template Project Co Shareholders' Agreement to reflect such amendments as may be required in the circumstances of that particular project as agreed among the Project Service Provider, PSDP and WGCo and approved by the Relevant Participant(s) and Welsh Government.", "hash": "4373c877ab386860b166e1d106aabd71", "id": 2}, {"snippet_links": [{"key": "not-included", "type": "clause", "offset": [9, 21]}, {"key": "consulting-fees", "type": "definition", "offset": [120, 135]}, {"key": "other-costs", "type": "clause", "offset": [177, 188]}, {"key": "new-project", "type": "clause", "offset": [225, 236]}, {"key": "new-services", "type": "definition", "offset": [244, 256]}, {"key": "in-accordance-with", "type": "definition", "offset": [276, 294]}, {"key": "change-control", "type": "definition", "offset": [295, 309]}, {"key": "unless-otherwise-agreed", "type": "definition", "offset": [314, 337]}, {"key": "service-provider", "type": "definition", "offset": [357, 373]}, {"key": "time-and-materials-rates", "type": "clause", "offset": [376, 400]}], "size": 4, "samples": [{"hash": "1o8PmvmueQ4", "uri": "/contracts/1o8PmvmueQ4#new-projects", "label": "Master Services Agreement (Exult Inc)", "score": 21.0, "published": true}], "snippet": "Projects not included in the Baseline that will be priced separately include the following: \u2022 [***]* Charges, including consulting fees, resource fees, out-of pocket costs, and other costs required to complete or support any new Project or for New Services will be determined in accordance with Change Control and unless otherwise agreed will be charged at Service Provider\u2019s time and materials rates.", "hash": "e3d599aebc3bb5619970d062272b7b10", "id": 4}, {"snippet_links": [{"key": "consulting-fees", "type": "definition", "offset": [16, 31]}, {"key": "other-costs", "type": "clause", "offset": [73, 84]}, {"key": "new-project", "type": "clause", "offset": [121, 132]}, {"key": "new-services", "type": "definition", "offset": [140, 152]}, {"key": "service-provider", "type": "definition", "offset": [171, 187]}, {"key": "commercial-rates", "type": "clause", "offset": [209, 225]}, {"key": "project-pricing", "type": "clause", "offset": [242, 257]}, {"key": "in-accordance-with", "type": "definition", "offset": [298, 316]}, {"key": "change-control-procedures", "type": "definition", "offset": [317, 342]}, {"key": "by-the-parties", "type": "clause", "offset": [399, 413]}], "size": 2, "samples": [{"hash": "bjYejzd4TK9", "uri": "/contracts/bjYejzd4TK9#new-projects", "label": "Technical Services Agreement (Exult Inc)", "score": 18.0, "published": true}, {"hash": "6nwY2NTGBva", "uri": "/contracts/6nwY2NTGBva#new-projects", "label": "Technical Services Agreement (Exult Inc)", "score": 18.0, "published": true}], "snippet": "Fees, including consulting fees, resource fees, out-of pocket costs, and other costs required to complete or support any new project or for New Services may be based upon Service Provider's then-current daily commercial rates adjusted [***]* project pricing, or other bases, and will be determined in accordance with Change Control Procedures. Fees for each project will be negotiated and agreed to by the parties on a case-by-case basis.", "hash": "349f181e0d4610ebae5fd1727fd688a9", "id": 5}, {"snippet_links": [{"key": "development-use", "type": "definition", "offset": [32, 47]}, {"key": "not-limited", "type": "clause", "offset": [105, 116]}, {"key": "structured-parking", "type": "definition", "offset": [133, 151]}, {"key": "site-improvements", "type": "definition", "offset": [183, 200]}, {"key": "parking-expansion-project", "type": "definition", "offset": [282, 307]}, {"key": "development-property", "type": "definition", "offset": [372, 392]}], "size": 2, "samples": [{"hash": "8XdC92dymO0", "uri": "/contracts/8XdC92dymO0#new-projects", "label": "Development Agreement", "score": 30.1219244781, "published": true}, {"hash": "ehsdIU6UPd", "uri": "/contracts/ehsdIU6UPd#new-projects", "label": "Development Agreement", "score": 29.1884821333, "published": true}], "snippet": "The phased office, research and development use development and all associated amenities, including, but not limited to, surface and structured parking, landscaping, and on- and off- site improvements, contemplated by or embodied within the Vested Approvals for (i) the Lindaro and Parking Expansion Project, and (ii) the two research and development buildings on the R&D Development Property.", "hash": "025878370a27271e340c760d334169c4", "id": 6}, {"snippet_links": [{"key": "an-obligor", "type": "clause", "offset": [7, 17]}, {"key": "at-any-time", "type": "clause", "offset": [23, 34]}, {"key": "cost-overrun", "type": "definition", "offset": [56, 68]}, {"key": "other-real-property", "type": "definition", "offset": [141, 160]}, {"key": "schedule-6", "type": "definition", "offset": [174, 184]}, {"key": "new-properties", "type": "definition", "offset": [195, 209]}, {"key": "new-property", "type": "clause", "offset": [226, 238]}, {"key": "development-project", "type": "clause", "offset": [281, 300]}, {"key": "approved-new-project", "type": "definition", "offset": [335, 355]}, {"key": "consent-of", "type": "clause", "offset": [369, 379]}, {"key": "finance-party", "type": "definition", "offset": [384, 397]}, {"key": "provided-that", "type": "clause", "offset": [398, 411]}, {"key": "same-terms", "type": "clause", "offset": [581, 591]}, {"key": "the-relevant", "type": "clause", "offset": [614, 626]}, {"key": "real-estate-package", "type": "definition", "offset": [627, 646]}, {"key": "in-accordance-with", "type": "definition", "offset": [670, 688]}, {"key": "conditions-precedent", "type": "clause", "offset": [703, 723]}, {"key": "budgeted-costs", "type": "definition", "offset": [884, 898]}, {"key": "relating-to", "type": "definition", "offset": [899, 910]}, {"key": "per-cent", "type": "definition", "offset": [974, 982]}, {"key": "contained-in", "type": "definition", "offset": [1019, 1031]}, {"key": "to-ensure", "type": "clause", "offset": [1113, 1122]}, {"key": "projected-yield", "type": "definition", "offset": [1125, 1140]}, {"key": "per-annum", "type": "definition", "offset": [1156, 1165]}, {"key": "in-respect-of", "type": "clause", "offset": [1166, 1179]}, {"key": "the-financial-year", "type": "definition", "offset": [1219, 1237]}, {"key": "reference-to", "type": "definition", "offset": [1367, 1379]}, {"key": "the-annual", "type": "clause", "offset": [1380, 1390]}, {"key": "net-rental-income", "type": "definition", "offset": [1391, 1408]}, {"key": "divided-by", "type": "clause", "offset": [1489, 1499]}, {"key": "prior-to-the", "type": "clause", "offset": [1562, 1574]}, {"key": "first-drawdown", "type": "clause", "offset": [1575, 1589]}, {"key": "the-borrower-and-the", "type": "clause", "offset": [1673, 1693]}, {"key": "finance-parties", "type": "clause", "offset": [1700, 1715]}, {"key": "all-items", "type": "definition", "offset": [1798, 1807]}, {"key": "as-specified", "type": "clause", "offset": [1931, 1943]}, {"key": "initial-property", "type": "definition", "offset": [1973, 1989]}, {"key": "part-b", "type": "definition", "offset": [2019, 2025]}, {"key": "schedule-2", "type": "clause", "offset": [2026, 2036]}, {"key": "where-applicable", "type": "clause", "offset": [2069, 2085]}, {"key": "initial-project", "type": "clause", "offset": [2166, 2181]}, {"key": "comply-with", "type": "clause", "offset": [2447, 2458]}, {"key": "no-obligor", "type": "clause", "offset": [2474, 2484]}, {"key": "development-of", "type": "clause", "offset": [2591, 2605]}, {"key": "subject-to-clause", "type": "clause", "offset": [2676, 2693]}, {"key": "instructing-group", "type": "definition", "offset": [2702, 2719]}, {"key": "absolute-discretion", "type": "definition", "offset": [2753, 2772]}, {"key": "the-agent-may", "type": "clause", "offset": [3545, 3558]}, {"key": "the-real-estate", "type": "clause", "offset": [3609, 3624]}, {"key": "relevant-obligor", "type": "definition", "offset": [3864, 3880]}, {"key": "entered-into", "type": "clause", "offset": [3889, 3901]}, {"key": "building-contract", "type": "clause", "offset": [3904, 3921]}, {"key": "professional-appointment", "type": "definition", "offset": [3925, 3949]}, {"key": "major-trade-contractor", "type": "definition", "offset": [3977, 3999]}, {"key": "a-default", "type": "definition", "offset": [4125, 4134]}, {"key": "consent-to", "type": "clause", "offset": [4175, 4185]}, {"key": "absolute-owner", "type": "clause", "offset": [4424, 4438]}, {"key": "the-banks", "type": "clause", "offset": [4455, 4464]}, {"key": "the-terms", "type": "definition", "offset": [4714, 4723]}, {"key": "each-case", "type": "definition", "offset": [4781, 4790]}, {"key": "by-the-agent", "type": "clause", "offset": [4810, 4822]}, {"key": "relevant-matters", "type": "clause", "offset": [4993, 5009]}, {"key": "a-and-b", "type": "definition", "offset": [5029, 5036]}, {"key": "satisfaction-of", "type": "clause", "offset": [5267, 5282]}, {"key": "in-relation-to", "type": "clause", "offset": [5308, 5322]}, {"key": "on-behalf-of", "type": "clause", "offset": [5482, 5494]}], "size": 1, "samples": [{"hash": "aD5JglE5aCk", "uri": "/contracts/aD5JglE5aCk#new-projects", "label": "Revolving Credit Agreement (Shurgard Storage Centers Inc)", "score": 19.0, "published": true}], "snippet": "18.2.1 An Obligor may, at any time, other than during a Cost Overrun Period:\n(a) acquire, or otherwise designate, any freehold, leasehold or other real property specified in Schedule 6 (Approved New Properties) as an Approved New Property; and/or\n(b) commence any construction and development project on an Approved New Property as an Approved New Project, without the consent of any Finance Party provided that:\n(i) any such freehold, leasehold or other real property specified in Schedule 6 (Approved New Properties) is acquired on, or otherwise complies with, substantially the same terms as those disclosed in the relevant Real Estate Package delivered to the Agent in accordance with Clause 3.1.2 (Conditions precedent);\n(ii) any such construction and development project will be carried out substantially in accordance with the relevant Real Estate Package;\n(iii) the aggregate Budgeted Costs relating to such construction and development project are not more than 15 per cent_ above the aggregate Budgeted Costs contained in the relevant Real Estate Package or such lesser percentage as is necessary so as to ensure a projected yield of 12 per cent per annum in respect of the relevant Approved New Property for the financial year the relevant Approved New Project is projected in the relevant Real Estate Package to become a Stabilised Project, determined by reference to the annual Net Rental Income for such Approved New Property as projected in the relevant Real Estate Package divided by the aggregate Budgeted Costs for that Project; and\n(iv) on or prior to the first drawdown in respect of such construction and development project the Agent has confirmed to the Borrower and the other Finance Parties that it has received, or it is satisfied that it will receive upon such drawdown, all items relating to:\n(1) the relevant freehold, leasehold or other real property specified in Schedule 6 (Approved New Properties) as specified (as if that property were an Initial Property) in paragraphs 1, 2 and 8 of Part B Schedule 2 (Conditions precedent); and\n(2) where applicable, the Approved New Project as specified (as if that Approved New Project were an Initial Project) in paragraphs 1, 2, 3 and 8 of Part B Schedule 2 (Conditions precedent).\n18.2.2 Where any freehold, leasehold or other real property specified in Schedule 6 (Approved New Properties) or any construction and development project on an Approved New Property does not comply with Clause 18.2.1, no Obligor may include such freehold, leasehold or other real property as an Approved New Property, nor commence the development of such construction and development project, unless:\n(a) the Agent has, subject to Clause 27.6.2 (Instructing Group\u2019s instructions), approved in its absolute discretion a revised Real Estate Package for that Project; and\n(b) on or prior to the first drawdown in respect of the Approved New Project the Agent has confirmed to the Borrower and the other Finance Parties that it has received, or it is satisfied that it will receive upon such drawdown, all items relating to:\n(i) the relevant freehold, leasehold or other real property specified in Schedule 6 (Approved New Properties) as specified (as if that property were an Initial Property) in paragraphs 1, 2 and 8 of Part B Schedule 2 (Conditions precedent); and\n(ii) where applicable, the relevant construction and development project as specified (as if that Approved New Project were an Initial Project) in paragraphs 1, 2, 3 and 8 of Part B Schedule 2 (Conditions precedent).\n18.2.3 The Agent may at any time, during a Cost Overrun Period, review the Real Estate Package relating to any Approved New Property and may (in its absolute discretion) require that changes specified by it be made to such Real Estate Package and if work shall not have commenced in respect of an Approved New Project and the relevant Obligor has not entered into a Building Contract, a Professional Appointment or a Trade Contract with a Major Trade Contractor, the Agent may withdraw any approval it may have granted in respect of that Project.\n18.2.4 The Borrower may, at any time if a Default is not continuing, request the Agent to consent to an Obligor conducting the development of one or more Projects on:\n(a) any Property where such Property is not an Approved New Property; or\n(b) any other freehold, leasehold or other real property:\n(i) of which the relevant Obligor is the absolute owner; or\n(ii) as all the Banks may approve which is proposed to become a New Property,\n18.2.5 Any consent regarding:\n(a) any such freehold, leasehold or other real property becoming a New Property;\n(b) any Obligor conducting, or having conducted on its behalf, a New Project, and the terms upon which such development is or is to be conducted, in each case, may only be given by the Agent subject to Clause 27.6.2 (Instructing Group\u2019s instructions) it its absolute discretion upon such conditions as it may specify having regard to, amongst other things, the relevant matters specified in Parts A and B Schedule 2 (Conditions precedent).\n18.2.6 If consent is given in accordance with Clause 18.2.5 to any such freehold, leasehold or other real property becoming a New Property or any such development becoming a New Project and upon satisfaction of any conditions specified in relation to any such consent:\n(a) that freehold, leasehold or other real property will become the relevant New Property; and\n(b) that development to be carried out by, or on behalf of, that Obligor on terms approved in accordance with Clauses 18.2.4 and 18.2.5 will become that Obligor\u2019s New Project.", "hash": "b16d15e495b3626aa5ec3c25efdc0b96", "id": 7}, {"snippet_links": [{"key": "to-request", "type": "clause", "offset": [0, 10]}, {"key": "addition-of", "type": "clause", "offset": [15, 26]}, {"key": "the-project", "type": "clause", "offset": [40, 51]}, {"key": "in-the-case", "type": "clause", "offset": [133, 144]}, {"key": "terms-of-the", "type": "clause", "offset": [229, 241]}, {"key": "are-incorporated-herein-by-reference", "type": "clause", "offset": [276, 312]}, {"key": "in-order-to", "type": "clause", "offset": [314, 325]}, {"key": "sole-discretion", "type": "clause", "offset": [485, 500]}, {"key": "creative-work", "type": "definition", "offset": [515, 528]}, {"key": "an-event", "type": "clause", "offset": [555, 563]}, {"key": "on-behalf-of", "type": "clause", "offset": [735, 747]}], "size": 1, "samples": [{"hash": "vP3aeHLAnC", "uri": "/contracts/vP3aeHLAnC#new-projects", "label": "Event Owner Agreement", "score": 33.2086594074, "published": true}], "snippet": "To request the addition of a Project to the Project Library, Event Owner must have signed the Project Library Creator Agreement and, in the case of visual Projects, upload all required images, files and notes of the Project. The terms of the Project Library Creator Agreement are incorporated herein by reference. In order to be approved for addition to the Project Library, a Project must be an original concept and cannot be a copy or excessively derived (as determined in Company\u2019s sole discretion) from another creative work. For the sake of clarity, an Event Owner may upload his or her own images provided he/she has signed a Project Library Creator Agreement, but Event Owner may not upload images to the Project Library for or on behalf of others.", "hash": "ad5ca3b8cb0e9fc8f6e043543b3de0bd", "id": 8}, {"snippet_links": [{"key": "after-the-closing", "type": "clause", "offset": [4, 21]}, {"key": "the-group-companies", "type": "clause", "offset": [34, 53]}, {"key": "operation-of", "type": "clause", "offset": [68, 80]}, {"key": "exhibit-g", "type": "clause", "offset": [130, 139]}, {"key": "as-seller", "type": "clause", "offset": [188, 197]}, {"key": "employed-by-the-company", "type": "definition", "offset": [201, 224]}, {"key": "seller-will", "type": "clause", "offset": [257, 268]}, {"key": "the-right", "type": "clause", "offset": [274, 283]}, {"key": "approval-of", "type": "clause", "offset": [349, 360]}, {"key": "to-invest", "type": "clause", "offset": [376, 385]}, {"key": "approved-by", "type": "definition", "offset": [411, 422]}, {"key": "cost-of", "type": "definition", "offset": [447, 454]}, {"key": "in-exchange", "type": "clause", "offset": [494, 505]}, {"key": "equity-ownership-interest", "type": "definition", "offset": [516, 541]}, {"key": "subject-to", "type": "definition", "offset": [543, 553]}, {"key": "adjustment-for", "type": "clause", "offset": [554, 568]}, {"key": "investment-right", "type": "definition", "offset": [707, 723]}, {"key": "with-respect-to", "type": "clause", "offset": [748, 763]}, {"key": "seller-shall", "type": "clause", "offset": [830, 842]}, {"key": "additional-interest", "type": "definition", "offset": [857, 876]}, {"key": "return-of", "type": "clause", "offset": [952, 961]}, {"key": "invested-capital", "type": "definition", "offset": [966, 982]}, {"key": "distributions-and", "type": "clause", "offset": [1088, 1105]}, {"key": "equity-value", "type": "definition", "offset": [1106, 1118]}, {"key": "in-accordance-with", "type": "definition", "offset": [1241, 1259]}, {"key": "expenses-and-liabilities", "type": "definition", "offset": [1274, 1298]}, {"key": "profits-interest", "type": "clause", "offset": [1387, 1403]}, {"key": "the-capital", "type": "clause", "offset": [1420, 1431]}, {"key": "interest-for", "type": "definition", "offset": [1432, 1444]}, {"key": "to-seller", "type": "definition", "offset": [1538, 1547]}, {"key": "of-securities", "type": "clause", "offset": [1566, 1579]}, {"key": "to-buyer", "type": "definition", "offset": [1617, 1625]}, {"key": "economic-terms", "type": "clause", "offset": [1642, 1656]}, {"key": "project-interest", "type": "definition", "offset": [1734, 1750]}, {"key": "organizational-documents", "type": "clause", "offset": [1777, 1801]}, {"key": "project-entity", "type": "clause", "offset": [1816, 1830]}, {"key": "new-entity", "type": "clause", "offset": [1888, 1898]}, {"key": "a-purchase", "type": "definition", "offset": [2038, 2048]}, {"key": "for-transactions", "type": "clause", "offset": 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"type": "definition", "offset": [9686, 9706]}, {"key": "and-the-company", "type": "clause", "offset": [9753, 9768]}], "size": 1, "samples": [{"hash": "YYHOe2yGMB", "uri": "/contracts/YYHOe2yGMB#new-projects", "label": "Membership Interest Purchase Agreement (Radiation Therapy Services Holdings, Inc.)", "score": 22.1772758385, "published": true}], "snippet": "(a) After the Closing, certain of the Group Companies will commence operation of certain new radiation oncology centers listed on Exhibit G (collectively, the \u201cNew Projects\u201d). For so long as Seller is employed by the Company and/or any of its Subsidiaries, Seller will have the right (to be exercised within ninety (90) days of the applicable board approval of a New Project) to invest 10% (or more than 10% if approved by Buyer) of the aggregate cost of one or more of any of the New Projects in exchange for a 10% equity ownership interest (subject to adjustment for any future equity interest issuances of such New Project) in such New Project(s) (for each New Project for which Seller has exercised his investment right, a \u201cCapital Interest\u201d). With respect to each New Project in which Seller has acquired a Capital Interest, Seller shall be granted an additional interest, which when combined with such Capital Interest, will entitle him to (i) a return of his invested capital and (ii) 20% (subject to adjustment for any future equity interest issuances of such New Project) of the distributions and equity value of such New Project in excess of the amount of invested capital in such New Project and after establishing reserves (made in accordance with GAAP) for all expenses and liabilities of such New Project (for each New Project for which Seller holds a Capital Interest, a \u201cProfits Interest\u201d, together with the Capital Interest for such New Project, the \u201cNew Projects Interest\u201d). The Capital Interest, if any, will be issued to Seller in the same strip of securities as are directly or indirectly issued to Buyer and on the same economic terms as such securities that are directly or indirectly issued to Buyer. Each New Project Interest will be documented in the organizational documents (for each New Project Entity, the \u201cNew Project Entity Organizational Documents\u201d) of a new entity (for each New Project, the \u201cNew Projects Entity\u201d) formed to own such New Project. Seller will acquire the New Project Interest pursuant to a purchase agreement customary for transactions of a similar nature, which purchase agreement shall include customary representations and warranties of Seller for such a transaction. Seller will also be party to such other ancillary documents of the New Project Entities as reasonably determined by Buyer at the time of formation of such New Project Entities.\n(b) The New Project Entity Organizational Documents of each New Project Entity shall (i) grant Seller pre-emptive rights (subject to customary carve-outs) with respect to future equity issuances by such New Project Entity to maintain the proportionate ownership interest represented by Seller\u2019s initial Capital Interest in such New Project Entity, (ii) grant Seller customary tag-along rights with respect to future sales of equity interests in such New Project Entities by Buyer and (iii) provide that the New Projects Interest is not transferable by Seller without Buyer\u2019s consent (other than for estate planning purposes).\n(c) Buyer shall have an option (the \u201cNew Projects Option\u201d) to buy all of the New Projects Interest and any additional equity interests in the New Projects Owned directly or indirectly by Seller (collectively, the \u201cNew Projects Aggregate Interest\u201d) from Seller for the New Projects Purchase Price at any time within the 90 day period following the three (3) year anniversary of the Closing Date, by presentation to Seller of written notice advising Seller of its election to exercise the New Projects Option (the \u201cNew Projects Option Exercise Notice\u201d). Within thirty (30) days after the delivery of the New Projects Option Exercise Notice, Buyer and Seller shall work together in good faith to agree upon the calculation of the New Projects Purchase Price. Within fifteen (15) days (or such later date as mutually agreed by Buyer and Seller) after the final determination of the New Projects Purchase Price (as mutually determined by Buyer and Seller or by the Accountant Arbitrator in accordance with Section 2.4(e)) Buyer and Seller shall execute a purchase agreement customary for transactions of a similar nature to formalize the purchase and sale of the New Projects Aggregate Interest, which shall include certain representations and warranties of Seller. In the event that Buyer and Seller cannot agree on the form of purchase agreement, the matter shall be submitted to Accountant Arbitrator in accordance with Section 2.4(f). Seller agrees that Buyer may, in its sole discretion, exercise the New Projects Option indirectly by causing the applicable owner of the New Project Entity Affiliated with Buyer to acquire the New Projects Interest related to the New Project owned by such Person.\n(d) Seller shall have the right to sell the New Projects Aggregate Interest to Buyer (the \u201cNew Projects Put Right\u201d) for an amount (the \u201cNew Project Put Price\u201d) equal to the New Projects Purchase Price (calculated using the methodology set forth above, except that that the Enterprise Value will be calculated as if the New Projects Valuation Date were the last day of the month immediately preceding the month the New Projects Put Right is exercised); provided, that, the New Projects Put Price shall be payable (without interest) in equal installments over a three year period; provided, further, that at Buyer\u2019s election (which shall be made in its sole discretion), Buyer may cause one or more of Affiliates to fund the New Projects Purchase Price on its behalf; provided, further, that the Buyer shall not be required to make any such payments for up to a two (2) year period if such payments would result in (x) a violation of any Law, or (y) a violation of the terms governing Buyer or any of its Affiliates set forth in any of their respective credit facilities (each of clauses (x) and (y), a \u201cPayment Restriction\u201d). If such a Payment Restriction exists, Buyer shall use its commercially reasonable efforts to cause the third party to whom the obligation is owed giving rise to such Payment Restriction to waive such Payment Restriction so that such payment may be made or, if no third party is involved in such restriction, to otherwise eliminate such Payment Restriction; provided, that Buyer shall not have any obligation to make a payment to any party or to modify any agreement, contract or other arrangement in a manner that is adverse to such Person or any of its Affiliates in order to eliminate such restriction; provided, that, upon the waiver or elimination of all Payment Restrictions, Buyer shall promptly pay the New Projects Price to Seller in equal installments as set forth above. Seller may exercise the New Projects Put Right for the New Projects Put Price at any time within the 90 day period following the five (5) year anniversary of the Closing Date, by presentation to Buyer of written notice advising Buyer of its election to exercise the New Projects Put Interest (the \u201cNew Projects Put Exercise Notice\u201d). Within thirty (30) days after the delivery of the New Projects Put Exercise Notice, Buyer and Seller shall work together in good faith to agree upon the calculation of the New Projects Put Price. Within fifteen (15) days (or such later date as mutually agreed by Buyer and Seller) after the final determination of the New Projects Purchase Price (as mutually determined by Buyer and Seller or by the Accountant Arbitrator in accordance with Section 2.4(e)) Buyer and Seller shall execute a purchase agreement customary for transactions of a similar nature to formalize the purchase and sale of the New Projects Interest, which shall include certain representations and warranties of Seller. In the event that Buyer and Seller cannot agree on the form of purchase agreement, the matter shall be submitted to Accountant Arbitrator in accordance with Section 2.4(f). Seller agrees that Buyer may, in its sole discretion, acquire the New Projects Interest in connection with Seller\u2019s exercise of the New Projects Put Right indirectly by causing the applicable owner of the New Project Entity Affiliated with Buyer to acquire the New Projects Interest related to the New Project owned by such Person.\n(e) If Buyer and Seller are unable to agree upon the amount of the calculation of the New Projects Enterprise Value for determining the New Projects Purchase Price or the New Projects Put Price in the applicable time periods set forth above in this Section 2.4, they shall submit such matter to be resolved by the Accountant Arbitrator in accordance with the dispute resolution procedures set forth in Section 2.3(d), with mechanics modified as necessary to give effect to the different disputes to be resolved pursuant to this Section 2.4.\n(f) If Buyer and Seller are unable to agree upon the form of the purchase agreement under Section 2.4(c) or (d) hereof, Buyer and Seller shall each submit their proposed form of purchase agreement to the Accountant Arbitrator selected in accordance with Section 2.3(d). The Accountant Arbitrator shall be instructed to determine the form of the purchase agreement based upon the forms of agreement submitted by Buyer and Seller, that it is only to consider matters still in dispute between Buyer and Seller based solely on such written submissions by Buyer, on the one hand, and Seller, on the other hand, and their respective representatives. All determinations by the Accountant Arbitrator shall be final and binding upon the Parties for purposes of this Agreement. Buyer and Seller shall each pay one-half the fees and expenses of Accountant Arbitrator.\n(g) Any related party transactions relating to the New Project Entities shall be entered into for a bona fide business purpose on terms and conditions that each of the boards of directors of Buyer and the Company reasonably concludes to be on terms and conditions as though such transaction were on an arms-length basis.", "hash": "c911d22910c302510703530d20c5ddf6", "id": 9}, {"snippet_links": [{"key": "the-parties-acknowledge", "type": "clause", "offset": [6, 29]}, {"key": "the-future", "type": "clause", "offset": [63, 73]}, {"key": "to-develop", "type": "definition", "offset": [74, 84]}, {"key": "mineral-deposits", "type": "definition", "offset": [97, 113]}, {"key": "permit-area", "type": "clause", "offset": [133, 144]}, {"key": "to-extend", "type": "clause", "offset": [179, 188]}, {"key": "new-project", "type": "clause", "offset": [298, 309]}, {"key": "modification-to", "type": "clause", 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"type": "clause", "offset": [2508, 2518]}, {"key": "compensatory-measures", "type": "clause", "offset": [2608, 2629]}, {"key": "the-undertaking", "type": "clause", "offset": [2637, 2652]}], "size": 1, "samples": [{"hash": "hHZSRuEIuMo", "uri": "/contracts/hHZSRuEIuMo#new-projects", "label": "Raglan Agreement", "score": 24.5058179329, "published": true}], "snippet": "3.3.1 The Parties acknowledge that Soci\u00e9t\u00e9 Mini\u00e8re may wish in the future to develop and extract mineral deposits in the Exploration Permit Area and/or Cross Lake and/or may wish to extend the capacity of the concentrator to be located at Katinniq beyond 1,000,000 tonnes annually, and that such a New Project would constitute an addition, alteration or modification to the Raglan Project as proposed and would therefore be subject to Soci\u00e9t\u00e9 Mini\u00e8re obtaining, inter alia, the necessary authorizations, approvals or consents contemplated by section 23 of the \u2587\u2587\u2587\u2587\u2587 Bay and Northern Qu\u00e9bec Agreement, and by the Environmental Quality Act., by the Environmental Assessment Review Process Guideline Orders, or any other applicable governing statute.\n3.3.2 Prior to such a New Project being presented for authorization, Soci\u00e9t\u00e9 Mini\u00e8re shall, at its expense, undertake an environmental impact study, if so required by the Environmental Authorities, or cause to have performed an Environmental Assessment, if not so required, regarding such New Project, the results of which shall be reported to the Inuit Parties.\n3.3.3 In the event that a New Project obtains the necessary authorizations, approvals or consents contemplated by section 23 of the \u2587\u2587\u2587\u2587\u2587 Bay and Northern Qu\u00e9bec Agreement , by the Environmental Quality Act, by the Environmental Assessment Review Process Guideline Orders, or any other applicable governing statute, the Parties shall amend this Agreement by amending the description of the Raglan Project in subsection 3.1 so that the terms and conditions of this Agreement shall also apply to such New Project.\n3.3.4 Moreover, based on the environmental impact study or Environmental Assessment referred to in paragraph 3.3.2, the Parties, through the Raglan Committee, shall jointly prepare and execute a summary of the impacts, mitigation measures, monitoring programs and significance after mitigation of each impact resulting from such New Project, based on the criteria referred to in subsection 4.3, regarding such New Project in the format of Annex 4.2 which summary, following its execution by the Parties, shall become an annex to and form part of this Agreement.\n3.3.5 In the event that there is no appropriate mitigating work or works that would eliminate or diminish certain of the identified impacts resulting from such New Project, to a level of significance that is mutually acceptable to the Parties, taking into account the level of significance presently foreseen in Annex 4.2. related to such impact, the Parties shall negotiate other mutually satisfactory measures, including compensatory measures.\n3.3.6 The undertaking by the Inuit Parties in subsection", "hash": "7c4f7f03a0fe5592d4b7f620fa29f2d7", "id": 10}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVuZXctcHJvamVjdHMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 48, "title": "New Projects", "parents": [["existing-and-new-projects", "Existing and New Projects"], ["existing-projects-development-rights-and-restrictions", "Existing Projects Development Rights and Restrictions"], ["definitions", "Definitions"], ["projects", "Projects"], ["additional-agreements", "Additional Agreements"]], "children": [["complaints", "Complaints"], ["measurement-and-improvement-of-supplier-quality-performance", "Measurement and Improvement of supplier quality performance"], ["change-management", "Change Management"], ["", ""], ["foreseen-impacts", "Foreseen Impacts"]], "id": "new-projects", 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