Permitting Period Sample Clauses

Permitting Period. During the Permitting Period, Purchaser shall be solely responsible, financially and otherwise, for obtaining such planning, rezoning, or PUD approvals as necessary from the City of Mobile or its subsidiaries, to allow development of its intended use. The intended use is: and the required approvals and/or rezoning are: (i) Mobile City Planning Commission and Mobile City Council, (ii) rezoning to (or whatever zone is determined by the aforementioned entities to be applicable) and . In connection with obtaining zoning approval and plan approval, Purchaser agrees to file for rezoning and/or planning approval within ten (10) days following the Effective Date. Purchaser shall obtain such approvals on or before the expiration of the time period ending sixty (60) days following the execution of this Agreement. In the event Purchaser does not obtain the aforementioned necessary approvals within sixty (60) days following the execution of this Agreement then Seller may elect to terminate this Agreement by delivery of written notice to Purchaser and Escrow Agent. Unless Purchaser and Escrow Agent receive express written instructions from Seller on or before the expiration of the Permitting Period that it is exercising its right to terminate the Agreement, Seller shall be deemed to have not terminated this Agreement. If Seller does give such notice of termination, the Escrow Agent shall refund the Xxxxxxx Money to Purchaser. The parties hereunder shall have no further rights, duties or obligations under this Agreement, except for such rights, duties or obligations as are expressly stated herein to survive a termination of this Agreement.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Permitting Period. (i) Notwithstanding anything herein to the contrary, the obligation of the BUYER to close under this Agreement is expressly contingent upon BUYER obtaining the approval of the Walpole Zoning Board of Appeals with respect to the issuance of the Comprehensive Permit (the “ZBA Approval”). For purposes hereof, the “Comprehensive Permit” means the final, non-appealable comprehensive permit for the development of the Premises, and all other Permits (defined below) in accordance with BUYER’s Plans attached hereto at Exhibit D and relating to the proposed development of the Premises under Massachusetts General Laws Chapter 40B and issued by the City of Walpole, Massachusetts and its Zoning Board of Appeals. Exhibit D reflects BUYER’s initial plans/proposal to the City of Walpole which the parties acknowledge are not final. BUYER shall provide a new Exhibit D to be attached hereto and reflecting XXXXX’s final draft Plans within twelve (12) months of the Effective Date and upon presentation of the same, BUYER and SELLER will amend this Agreement to reflect the same.
Sample 1
Permitting Period. Buyer shall have the right, at any time on or before the expiration of six (6) months from the date of this Agreement (the "Permitting Period"), to complete investigations regarding property conditions, title/survey and environmental conditions. Buyer shall have the right, at any time prior to the end of the Permitting Period, to terminate this Agreement by written notice of termination to Seller for any reason whatsoever, exercisable in Buyer's sole discretion. Seller acknowledges that Buyer may access the Property to determine the compliance of the Property with all applicable laws, rules, zoning, health and other codes and regulations, conduct engineering, structural, mechanical and other inspections, test borings, soil tests, percolation tests, site evaluations and such other evaluations, inspections and tests as Buyer desires for Buyer’s proposed use and as part of the permitting process. Seller and Buyer shall at all times preserve the confidentiality of this Agreement and not disclose the existence or terms thereof, without the prior written consent of either party. If Buyer shall cancel this agreement pursuant to paragraph 4.2, Buyer shall return the property to the original condition as it was prior to any work done by the Buyer or its agents.
Sample 1
Permitting Period the period during which Tenant shall obtain the permits necessary to construct the Tenant Improvements.
Sample 1
Permitting Period. Tenant shall prepare, or cause to be prepared, complete plans and specifications for the Tenant Improvements (the “Plans”) and shall submit the same to Landlord for Landlord’s approval, which approval shall not be unreasonably withheld or delayed. If Landlord does not respond within fifteen (15) days after Tenant’s submission of the Plans, the Plans will be deemed approved. After Landlord and Tenant have agreed on final plans and specifications for the building portion of Tenant Improvements and Tenant has received the necessary County site plan approvals pursuant to Section 2.3 and the necessary Regulatory Approval pursuant to Section 2.4, Tenant shall make application to the County for a building permit and to all other appropriate governmental agencies, quasi-governmental agencies and utility companies for all permits and approvals necessary to construct the Tenant Improvements (collectively, “Tenant’s Permits”). Tenant shall use diligent efforts to obtain the Tenant’s Permits on or before August 1, 2007 (this is the “Permitting Period”). If Tenant is unable to obtain Tenant’s Permits by the conclusion of the Permitting Period, either party may terminate this Lease upon written notice to the other.
Sample 1
Permitting Period. Provided Buyer deposits with Escrow Agent the sum of $10,000.00 (the “Initial Permitting Fee”) on or before the expiration of the Feasibility Period, Buyer shall have a period of one hundred eighty (180) days following the expiration of the Feasibility Period (the “Permitting Period”), as such period may be extended herein, to obtain the following approvals from the appropriate governmental authorities: the re-zoning of the Property to mixed-use or multi-family zoning (the “Rezoning”); the approval of the Buyer’s site plan (the “Site Plan”); the civil permit for the horizontal development of the Property in accordance with the Site Plan (the “Civil Permit”, and together with the Rezoning and Site Plan are collectively referred to herein as the “Approvals”). Buyer’s efforts to obtain the Approvals shall always comply with the following requirements:
Sample 1
Permitting Period. Purchaser shall have a period of twelve (12) months subsequent to the Contract Date to obtain all permits and governmental or administrative approvals required to construct the improvements described in Paragraph 6.1 above. Provided Purchaser provides Seller with evidence that Purchaser has diligently pursued all permits and approvals necessary for the construction of the Project, and continues to diligently pursue same, Seller shall grant one three (3) month extension at the end of the contemplated twelve (12) month permitting period.
Sample 1
AutoNDA by SimpleDocs

Related to Permitting Period

  • Evaluation Period Customer’s right to use the Services on a Trial Basis are time-limited and will terminate immediately upon the earlier of (i) the trial end date as specified in an Order Form or other document executed by the parties regarding such trial, or (ii) the start date of when Customer purchases a right to use such Services on a non-Trial Basis, or (iii) the date when QuoVadis terminates Customer’s right to use the Services on a Trial Basis (which QuoVadis may do at any time in its sole discretion). Customer must cease using the Services on a Trial Basis upon any such termination.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Election Period The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

  • Investigation Period The first sentence of Section 4.1 of the Purchase Agreement is hereby deleted in its entirety and the following is hereby substituted in lieu thereof: “During the time period commencing upon the Effective Date of this Agreement, and terminating at 11:59 p.m. on October 18, 2012 (the “Investigation Period”), Buyer shall have the right to conduct and complete an investigation of all matters pertaining to the Property and Buyer’s purchase thereof including, without limitation, the matters described in this Section 4.1.”

  • Tolling Period If it becomes necessary or desirable for the Corporation to seek compliance with the provisions of Section 14.2 by legal proceedings, the period during which Grantee shall comply with said provisions will extend for a period of twelve (12) months from the date the Corporation institutes legal proceedings for injunctive or other relief.

  • HSR Waiting Period The waiting period applicable to the consummation of the Merger under the HSR Act shall have expired or been terminated.

  • Waiting Period All full-time employees who are actively working and have completed thirty (30) days service shall be enrolled for the coverages and benefits set forth in this Exhibit as a condition of employment.

  • Holding Period For the purposes of Rule 144 of the Securities Act, the Company acknowledges that the holding period of the Exchange Security may be tacked on the holding period of the Note, and the Company agrees not to a position contrary to this Section 6.

  • Retention Period The Engineer shall maintain all books, documents, papers, accounting records and other evidence pertaining to costs incurred and services provided (hereinafter called the Records). The Engineer shall make the records available at its office during the contract period and for seven (7) years from the date of final payment under this contract, until completion of all audits, or until pending litigation has been completely and fully resolved, whichever occurs last.

  • Limitation Period Except as stated in this Clause, all claims must be made within the period specified by applicable law. If the law allows the parties to specify a shorter period for bringing claims, or the law does not provide a time at all, then claims must be made within 18 months after the event(s) giving rise to a dispute occurs.

Time is Money Join Law Insider Premium to draft better contracts faster.