Project B Clause Samples

Project B. 5 Investments This phase begins when a decision on implementation of a development project has been made 5.1 Development investments Development investments concern the development of new resources. There will always be concept studies before such an investment is made. The budget for the project is sanctioned by an approved PDO/PIO. Some projects are exempt from the PDO requirement. 5.1.1 Part project X 5.2 Operating investments Operating investments are permanent investments that: - Increase the production capacity; - Sbstantially increase the quality and thus the value of the products; - Substantially improve the production process and thereby substantially lower the level of other production costs; - Measures that enhance safety and prevent/reduce future pollution of the environment; - Extensions of the plant and/or new functions. This will normally be investments in operating equipment that have been put to use (after the project investment was made) and that are not classified as maintenance. 5.2.1 Part project X 5.3 Production drilling Production drilling is all activities related to the drilling and completion of production and injection ▇▇▇▇▇, after a decision on project implementation, and/or a decision on new ▇▇▇▇▇ or drilling targets in the production phase have been made. All associated/indirect activities with the objective of production drilling also belong under the classification “production ▇▇▇▇▇” (e.g. well planning, mob/demob rig, modification rig, etc.).

Project B. If prior to the date that is three (3) years after the outside delivery date of the last episode of Season 7 of The Chosen (the “Project B Election Period”), Producer has presented to Company a commercially reasonable production package of reasonable detail for the production of Project B which satisfies all of the following conditions (the “Project B Package”), then upon Company’s making a written acceptance thereof if it reasonably believes the production package satisfies such conditions (such review by Company (i) not to be unreasonably delayed and (ii) to be exercised in a good faith commercially reasonable manner), the potential Project B production (as presented in such materials) shall be deemed to be covered by this Agreement as referred to herein, and Company shall fund such Project B production, and Producer shall produce such production, each in accordance with the provisions hereof (including subject to all of Company’s rights herein applicable to The Chosen [excluding the Key Man Affiliation, but subject to the Project B Key Man Services]): (i) the provision of services of the Key Man has been agreed (in form and substance that is satisfactory to Company in its sole and absolute discretion) in writing for the Key Man to render creative writing and directing services on a first-priority basis on such production(s) (and on an exclusive basis during principal photography of such production(s)) (the “Project B Key Man Services”); (ii) none of Producer, Producer Parent or Key Man is in uncured, material breach of its obligations hereunder; (iii) Producer presents Company with a commercially reasonable distribution plan for such production, which is acceptable to Company in its sole and absolute discretion (with the 2024 DMA being presumptively deemed to be a commercially reasonable distribution plan); (iv) the all-in production costs of such production (presented in reasonable detail) are not greater than the maximum budget amount provided for herein for such production; (v) all of the Production Integrity and Production Conditions provided for herein (including without limitation, the requirement of a BAC-Approved screenplay) shall be satisfied by such production; and (vi) Producer is not insolvent. Company and Producer acknowledge that the subject matter of the potential production and funding of Project B shall from time to time be an agenda item for review by the Chosen Planning Council. The agreement of the Parties to proceed with the product...

Project B. In addition to retaining its rights to develop Project A pursuant to the terms of the Original Agreement, as modified herein, Developer has requested the right to develop an alternative project on the Property consisting of 62 residential townhomes, parking, and open space for residents, as detailed in Section 1.24, referred to herein as Project B. Project B is consistent with the Corridor Mixed Use land use designation, as amended by GPA No. 00002-24, and with the Perry Street Specific Plan, as amended by SPA No. 00002-24.

Project B. For and in consideration of the lease of property for Project – A, District agrees to provide the improvements described herein in Section 5.3.

Project B. The Consultant will provide an evaluation of the Depot Campus’ electrical profile and provide a plan for developing the ―Green Depot Campus Initiative‖, as outlined in Section 1.2. This includes integrating technologies currently under research by the University and other parties. The objective is to not necessarily remove all energy dependent sources from third-party provided electricity (Connecticut Light and Power, CL&P) but to evaluate and report where limitations and possibilities exist to move areas of the campus to self generation with alternative and sustainable energy sources. Criteria for evaluation is listed as (a) through (i) in Section 1.5.1.

Project B. The Project B Election Period set forth in the PSFA is not amended by this First Amendment.

Project B. 5 Investments This phase begins when a decision on implementation of a development project has been made. 5.1 Development investments Development investments concern the development of new resources. There will always be concept studies before such an investment is made. The budget for the project is sanctioned by an approved PDO/PAD. Some projects are exempt from PDO requirement.