Paving of New Roads Sample Clauses

Paving of New Roads. The road paving work proposed between 2010 and 2014 is for roads that were built in each Northern village since the last paving project. For the most part, the new roads were built to permit the construction of housing units required to meet strong population growth. According to Statistics Canada, the rate of growth in Nunavik was 12% between 2001 and 2006, quite probably the highest growth rate for any region in Québec and Canada. In fact, the populations of certain villages grew between 17 and 24% (source: Statistics Canada, preliminary data from the 2006 Census). Between 2001 and 2009 in Nunavik, 827 dwellings were constructed: 560 social housing units plus 267 units for regional public organizations (such as the Nunavik Regional Board of Health and Social Services, the Kativik School Board and the KRG). In addition, 30 to 40 private homes and several public buildings (such as offices, schools, businesses and garages) were constructed. While the number of building projects planned for the next five years has not been confirmed, new housing demand generated by overcrowding and the development of regional organizations strongly suggest continuing growth that may be even more significant than witnessed in recent years. It may be supposed that between 600 and 1000 units will be constructed in the next five years. Although the KRG does not consider it cost effective to mobilize paving equipment (asphalt plant, heavy equipment, etc.) for less than 3 km of work, all the villages with new road paving needs totalling at least 1.5 km are considered short- or medium-term projects. Based on actual construction, the 3-km threshold could be reached in any of these communities in the coming years. Road Construction in Urban Areas (2002–2009) Village Unpaved new roads (km) Kangiqsualujjuaq (2008) 0.8 Kuujjuaq (2004) 3.8 Tasiujaq (2007) 0.5 Aupaluk (2006) 0.3 Kangirsuk (2005) 1.6 Quaqtaq (2008) 0.0 Kangiqsujuaq (2009) 0.0 Salluit (2003) 4.9 Ivujivik (2002) 1.1 Akulivik (2006) 0.3 Puvirnituq (2004) 1.6 Inukjuak (2005) 1.5 Umiujaq (2009) 0.0 Kuujjuarapik (2008) 0.0 TOTAL 16.4 Based on these needs, the KRG proposes the following work: Paving of New Roads Year Village Proposed (km) 1 and 2 Kuujjuaq 3.8 3 Salluit 4.91 4 or 5 To be determined2 3-km minimum TOTAL 11.7 1 Includes the paving of the road around the airport (constructed in 2003 and 2004): 625 m. 2 The selected village would most likely be Inukjuak, Puvirnituq or Kangirsuk for at least 3 km of paving, given the st...
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Related to Paving of New Roads

  • Issuance of New Note Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

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  • Issuance of New Notes Whenever the Company is required to issue a new Note pursuant to the terms of this Note, such new Note (i) shall be of like tenor with this Note, (ii) shall represent, as indicated on the face of such new Note, the Principal remaining outstanding (or in the case of a new Note being issued pursuant to Section 17(a) or Section 17(c), the Principal designated by the Holder which, when added to the principal represented by the other new Notes issued in connection with such issuance, does not exceed the Principal remaining outstanding under this Note immediately prior to such issuance of new Notes), (iii) shall have an issuance date, as indicated on the face of such new Note, which is the same as the Issuance Date of this Note, (iv) shall have the same rights and conditions as this Note, and (v) shall represent accrued and unpaid Interest and Late Charges on the Principal and Interest of this Note, from the Issuance Date.

  • Admission of New Members The Company may admit new Members (or transferees of any interests of existing Members) into the Company by the unanimous vote or consent of the Members. As a condition to the admission of a new Member, such Member shall execute and acknowledge such instruments, in form and substance satisfactory to the Company, as the Company may deem necessary or desirable to effectuate such admission and to confirm the agreement of such Member to be bound by all of the terms, covenants and conditions of this Agreement, as the same may have been amended. Such new Member shall pay all reasonable expenses in connection with such admission, including without limitation, reasonable attorneys’ fees and the cost of the preparation, filing or publication of any amendment to this Agreement or the Articles of Organization, which the Company may deem necessary or desirable in connection with such admission. No new Member shall be entitled to any retroactive allocation of income, losses, or expense deductions of the Company. The Company may make pro rata allocations of income, losses or expense deductions to a new Member for that portion of the tax year in which the Member was admitted in accordance with Section 706(d) of the Internal Revenue Code and regulations thereunder. In no event shall a new Member be admitted to the Company if such admission would be in violation of applicable Federal or State securities laws or would adversely affect the treatment of the Company as a partnership for income tax purposes. (Check if Applicable)

  • Issuance of New Warrants Whenever the Company is required to issue a new Warrant pursuant to the terms of this Warrant, such new Warrant (i) shall be of like tenor with this Warrant, (ii) shall represent, as indicated on the face of such new Warrant, the right to purchase the Warrant Shares then underlying this Warrant (or in the case of a new Warrant being issued pursuant to Section 7(a) or Section 7(c), the Warrant Shares designated by the Holder which, when added to the number of shares of Common Stock underlying the other new Warrants issued in connection with such issuance, does not exceed the number of Warrant Shares then underlying this Warrant), (iii) shall have an issuance date, as indicated on the face of such new Warrant which is the same as the Issuance Date, and (iv) shall have the same rights and conditions as this Warrant.

  • Laws of the State of New York The Contractor shall comply with all of the requirements set forth in Exhibit C hereto.

  • Issuance of New Rights Certificates Notwithstanding any of the provisions of this Agreement or of the Rights to the contrary, the Company may, at its option, issue new Rights Certificates evidencing Rights in such form as may be approved by the Board of Directors to reflect any adjustment or change in the Purchase Price and the number or kind or class of shares or other securities or property purchasable under the Rights Certificates made in accordance with the provisions of this Agreement. In addition, in connection with the issuance or sale of shares of Common Stock following the Distribution Date and prior to the redemption or expiration of the Rights, the Company (a) shall, with respect to shares of Common Stock so issued or sold pursuant to the exercise of stock options or under any employee plan or arrangement, granted or awarded as of the Distribution Date, or upon the exercise, conversion or exchange of securities hereinafter issued by the Company, and (b) may, in any other case, if deemed necessary or appropriate by the Board of Directors of the Company, issue Rights Certificates representing the appropriate number of Rights in connection with such issuance or sale; provided, however, that (i) no such Rights Certificate shall be issued if, and to the extent that, the Company shall be advised by counsel that such issuance would create a significant risk of material adverse tax consequences to the Company or the Person to whom such Rights Certificate would be issued, and (ii) no such Rights Certificate shall be issued if, and to the extent that, appropriate adjustment shall otherwise have been made in lieu of the issuance thereof.

  • Issuance of New Certificates to Pledgee A pledgee of Shares transferred as collateral security shall be entitled to a new certificate if the instrument of transfer substantially describes the debt or duty that is intended to be secured thereby. Such new certificate shall express on its face that it is held as collateral security, and the name of pledgor shall be stated thereon, who alone shall be liable as a Shareholder and entitled to vote thereon.

  • Issuance of New Right Certificates Notwithstanding any of the provisions of this Agreement or of the Rights to the contrary, the Company may, at its option, issue new Right Certificates evidencing Rights in such form as may be approved by its Board of Directors to reflect any adjustment or change in the Purchase Price and the number or kind or class of shares or other securities or property purchasable under the Right Certificates made in accordance with the provisions of this Agreement.

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