The Redevelopment Project Clause Samples

The "Redevelopment Project" clause defines the scope and parameters of a specific redevelopment initiative covered by the agreement. It typically outlines the location, nature, and objectives of the project, such as renovating existing structures, upgrading facilities, or repurposing land for new uses. By clearly identifying what constitutes the redevelopment project, this clause ensures all parties have a shared understanding of the project's boundaries and deliverables, thereby minimizing disputes and providing a framework for performance and compliance.
The Redevelopment Project. Section 4.01. Scope of the Project 12 Section 4.02. Project Schedule 12 Section 4.03. Project Budget 13 Section 4.04. Design of Project 13 Section 4.05. Project Zoning, Planning, Platting and Construction 13 Section 4.06. Rights of Access 15 Section 4.07. Certificate of Substantial Completion 15 Section 4.08. Certificate of Minimum Investment 15
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The Redevelopment Project. Pursuant to the Cooperation Framework Agreement, Shenzhen Xinxiang is the sole principal of the Redevelopment Project with the sole right to redevelop and reconstruct the Land, and is responsible for the obtaining of approval of the PRC Government for the establishment and approval of the Redevelopment Project, the demolition of the existing properties, the design, construction, completion and operation of the Redevelopment Project, and paying all costs in connection with the redevelopment and reconstruction of the Land (including demolition compensation to Shenzhen Agricultural Products, reconstruction expenses, renovation expenses and land premium but excluding the payments made to the Tenants on behalf of Shenzhen Agricultural Products), whereas Shenzhen Agricultural Products is responsible for the provision of the Land, the resettlement of the Tenants and the arrangement of resettlement compensation to the Tenants, the payments of which will be made by Shenzhen Xinxiang on behalf of Shenzhen Agricultural Products. The PRC Government shall approve the scope and size of the Land subject to the Redevelopment Project and the land premium to be paid by Shenzhen Xinxiang in respect of each phase of the Redevelopment Project. The Company will comply with the requirements under the Listing Rules when the details of the land premium to be paid are confirmed. Upon completion of the Redevelopment Project, the property rights of all the redeveloped properties on the Land (except those which are subject to the demolition arrangement of substitution of existing properties with the redeveloped properties, and the infrastructure and the public service facilities ancillary to the Redevelopment Project) will belong to Shenzhen Xinxiang. Shenzhen Agricultural Products will assist Shenzhen Xinxiang to cancel its legal land use rights of the Land and its property rights of the existing properties on the Land with the PRC Government and to register Shenzhen Xinxiang as the owner of the land use rights of the Land and the redeveloped properties with the PRC Government (except those which are subject to the resettlement arrangement of substitution of existing properties with the redeveloped properties). The Redevelopment Project is an urban renewal project which will be divided into two phases subject to the approval of the PRC Government.
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The Redevelopment Project. The Parties acknowledge and agree that Lessor is acquiring the Premises pursuant to the Action for the public purpose of redevelopment and the elimination of blight in the "Town Center" area of the City of Signal Hill and the development of such other uses as are consistent with the Redevelopment Plan for the Signal Hill Redevelopment Project Area No. 1, as amended.
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The Redevelopment Project 
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Related to The Redevelopment Project

  • Development of the Project 4.1 TSP's obligations in development of the Project: a. for procuring and maintaining in full force and effect all Consents, Clearances and Permits, required in accordance with Law for development of the Project; b. for financing, constructing, owning and commissioning each of the Element of the Project for the scope of work set out in Schedule 1 of this Agreement in accordance with: i. the Electricity Act and the Rules made thereof; ii. the Grid Code; iii. the CEA Regulations applicable, and as amended from time to time, for Transmission Lines and sub-stations: • the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2007; • Central Electricity Authority (Technical Standards for construction of Electrical Plants and Electric Lines) Regulation, 2010; • Central Electricity Authority (Grid Standard) Regulations, 2010; • Central Electricity Authority (Safety requirements for construction, operation and maintenance of Electrical Plants and Electrical Lines) Regulation, 2011; • Central Electricity Authority (Measures relating to Safety and Electricity Supply) Regulation, 2010; • Central Electricity Authority (Technical Standards for Communication System in Power System Operation) Regulations, 2020. iv. Safety/ security Guidelines laid down by the Government; v. Prudent Utility Practices, relevant Indian Standards and the Law; not later than the Scheduled COD as per Schedule 2 of this Agreement; c. for entering into a Connection Agreement with the concerned parties in accordance with the Grid Code. d. for owning the Project throughout the term of this Agreement free and clear of any encumbrances except those expressly permitted under Article 15 of this Agreement; e. to co-ordinate and liaise with concerned agencies and provide on a timely basis relevant information with regard to the specifications of the Project that may be required for interconnecting the Project with the Interconnection Facilities; f. for providing all assistance to the Arbitrators as they may require for the performance of their duties and responsibilities; g. to provide to the Nodal Agency and CEA, on a monthly basis, progress reports with regard to the Project and its execution (in accordance with prescribed form) to enable the CEA to monitor and co-ordinate the development of the Project matching with the Interconnection Facilities; h. to comply with Ministry of Power order no. 25-11/6/2018 – PG dated 02.07.2020 as well as other Guidelines issued by Govt. of India pertaining to this; i. to procure the products associated with the Transmission System as per provisions of Public Procurement (Preference to Make in India) orders issued by Ministry of Power vide orders No. 11/5/2018 - Coord. dated 28.07.2020 for transmission sector, as amended from time to time read with Department for Promotion of Industry and Internal Trade (DPIIT) orders in this regard (Procuring Entity as defined in above orders shall deemed to have included Selected Bidder and/ or TSP). Also, to comply with Department of Expenditure, Ministry of Finance vide Order (Public Procurement No 1) bearing File No. 6/18/2019- PPD dated 23.07.2020, Order (Public Procurement No 2) bearing File No. 6/18/2019-PPD dated 23.07.2020 and Order (Public Procurement No. 3) bearing File No. 6/18/2019-PPD, dated 24.07.2020, as amended from time to time, regarding public procurement from a bidder of a country, which shares land border with India; j. to submit to Nodal Agency information in the prescribed format [To be devised by Nodal Agency] for ensuring compliance to Article 4.1 i) above. k. to comply with all its obligations undertaken in this Agreement. 4.2 Roles of the Nodal Agency in implementation of the Project: 4.2.1 Subject to the terms and conditions of this Agreement, the Nodal Agency shall be the holder and administrator of this Agreement and shall inter alia: a. appoint an Independent Engineer within 90 days of the Effective Date b. provide letters of recommendation to the concerned Indian Governmental Instrumentality, as may be requested by the TSP from time to time, for obtaining the Consents, Clearances and Permits required for the Project; c. coordinate among TSP and upstream/downstream entities in respect of Interconnection Facilities; and d. monitor the implementation of the Agreement and take appropriate action for breach thereof including revocation of guarantees, cancellation of Agreement, blacklisting etc e. provide all assistance to the Arbitrators as required for the performance of their duties and responsibilities; and f. perform any other responsibility (ies) as specified in this Agreement.

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Phase II A small portion of the work for the Phase II modifications to the Plattsburgh Substation will be performed by Transmission Owner, and the remainder will be performed by Clinton and ▇▇▇▇▇▇▇▇▇. A detailed definition of the specific scope for Transmission Owner and Clinton and ▇▇▇▇▇▇▇▇▇ including interface points shall be defined during the design phase and, as such documents become available, copies will be delivered to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The full scope includes the installation of wave traps, CCVT’s and modifications and/or additions to relaying on the MWP-1 and MWP- 2 lines. These lines will be reconfigured at the completion of Phase II to connect to ▇▇▇▇▇ and ▇▇▇▇▇▇▇ Substations on MWP-1 and the ▇▇▇▇ Substation on MWP-2. Clinton and ▇▇▇▇▇▇▇▇▇ will design the upgrades and purchase the materials based on the outline specification that was prepared and issued by Transmission Owner. The work to be performed by Clinton and ▇▇▇▇▇▇▇▇▇ will include both the materials for the exterior and interior installations and items for Transmission Owner installation inside the control building in existing relay panels and communication racks. In addition, Clinton and ▇▇▇▇▇▇▇▇▇ will be responsible for the exterior and interior construction work and will provide construction management services in coordination with Transmission Owner. The civil design for the foundations and the electrical design for the cable runs to the control room will be designed by, as approved by Transmission Owner, and installed under the supervision and control of Clinton and ▇▇▇▇▇▇▇▇▇. The equipment will be selected and procured in accordance with the specifications developed during the detailed engineering phase, copies of which shall be furnished to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The construction of the foundations, structures, wave traps, CCTV and cable runs into the control building to the termination cabinets will be completed by Clinton and ▇▇▇▇▇▇▇▇▇. The work at the Plattsburgh Substation will be installed under Transmission Owner’s CPP-1. Transmission Owner will provide Protection and Controls Engineering, install and terminate wiring from the termination cabinets to the control panels and relays, install relays and equipment in the existing panels, and will commission such work inside the 230kV control building. Transmission Owner will develop the communications protocols and data flow over the circuits.