Restrictions on Privately Acquired Disposition Parcels Sample Clauses

Restrictions on Privately Acquired Disposition Parcels. US2 shall record each applicable LDA (which shall contain the Uncontested Eminent Domain Option, as hereinafter defined) and the Development Covenant with the Registry immediately following the recording of each Disposition Parcel Deed with respect to each Privately Acquired Disposition Parcel, and each such LDA and the Development Covenant shall run with the land and shall be binding upon each of US2’s successors and assigns. US2 shall notify the SRA (i) at least thirty (30) days in advance of the Closing of each Privately Acquired Disposition Parcel, with US2’s good faith estimate of the date of such Closing (with any updates to be subsequently provided to the extent such date changes), (ii) deliver notice to the SRA within five (5) Business Days after the Closing of each of the Privately Acquired Disposition Parcels, which notice shall contain the recording information of the Disposition Parcel Deed and LDA, and the Development Covenant, and (iii) until issuance of a Certificate of Compliance, each Parcel Developer shall maintain insurance in accordance with the Insurance Requirements, and provide the SRA at the Closing of each of the Privately Acquired Disposition Parcels, a certificate of insurance listing the SRA and the City as additional insureds on such insurance policies. US2 shall deliver to the SRA, at least thirty (30) days prior to the Closing Date for each Privately Acquired Disposition Parcel, in recordable form reasonably acceptable to the SRA, an LDA and Disposition Parcel Deed with respect to each such Privately Acquired Disposition Parcel, and the Development Covenant, each of which shall be consistent with the terms and conditions set forth in this Master LDA. US2 and the Parcel Developers shall acquire and develop each Privately Acquired Disposition Parcel in accordance with and subject to the terms and conditions of the Master Project Schedule, the Somerville Zoning Ordinance, the Coordinated Development Plan, the Development Covenant, and the requirements set forth in the applicable LDA and Disposition Parcel Deed (collectively, the “Privately Acquired Disposition Parcel Development Obligations”). If US2 is in default of the LDA for a Privately Acquired Disposition Parcel, then, without in any way limiting any of the SRA’s rights or remedies under this Master LDA or the applicable LDA, then the SRA shall have the right, but not the obligation, to take such Privately Acquired Disposition Parcel by eminent domain in accordance with th...
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Related to Restrictions on Privately Acquired Disposition Parcels

  • Real estate transactions You must sign the certification. You may cross out item 2 of the certification.

  • Conditions on Permitted Transfers In the event a Holder proposes to sell or transfer a Note, the Company may, but shall not be required to, impose reasonable conditions on such sale or transfer including, but not limited, to: (i) Notes may be transferred only in whole units, i.e., fractions of Notes may not be transferred; (ii) the transferee shall agree in writing to be bound by this Revenue Sharing Agreement; (iii) the transferor shall provide the Company with an opinion of counsel, satisfactory in form and substance to the Company’s counsel, stating that the transfer is exempt from registration under the Securities Act of 1933 and other applicable securities laws; and (iv) the transferor and transferee shall together pay in advance for any reasonable expenses the Company expects to incur in connection with the transfer, including attorneys’ fees.

  • PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Extent of Disposition Disposition is partial. The categories of data to be disposed of are set forth below or are found in an attachment to this Directive: [Insert categories of data here] Disposition is Complete. Disposition extends to all categories of data.

  • Data Disposition When the contracted work has been completed or when the Data is no longer needed, except as noted above in Section 5.b, Data shall be returned to DSHS or destroyed. Media on which Data may be stored and associated acceptable methods of destruction are as follows: Data stored on: Will be destroyed by: Server or workstation hard disks, or Removable media (e.g. floppies, USB flash drives, portable hard disks) excluding optical discs Using a “wipe” utility which will overwrite the Data at least three (3) times using either random or single character data, or Degaussing sufficiently to ensure that the Data cannot be reconstructed, or Physically destroying the disk Paper documents with sensitive or Confidential Information Recycling through a contracted firm, provided the contract with the recycler assures that the confidentiality of Data will be protected. Paper documents containing Confidential Information requiring special handling (e.g. protected health information) On-site shredding, pulping, or incineration Optical discs (e.g. CDs or DVDs) Incineration, shredding, or completely defacing the readable surface with a coarse abrasive Magnetic tape Degaussing, incinerating or crosscut shredding

  • Timing of Disposition Data shall be disposed of by the following date: As soon as commercially practicable By (Insert Date]

  • Permitted Transfers Within Escrow 5.1 Transfer to Directors and Senior Officers

  • Schedule of Disposition Data shall be disposed of by the following date: As soon as commercially practicable. By

  • Nature of Disposition Disposition shall be by destruction or deletion of data. Disposition shall be by a transfer of data. The data shall be transferred to the following site as follows: [Insert or attach special instructions]

  • Restrictions on Land transfer 6A Recognising that they are or will be receiving publicly funded land at nil consideration (which for the purposes of this transaction shall include leases granted at a peppercorn rent) the Company:

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