Traffic Signal. Upon the Commencement Date, Landlord will either install a traffic signal at the Western entrance (primary entrance) to the Office Park or that traffic officers will be on site during peak hours and the lunch hour to direct traffic until such time as the traffic signal has been installed.
Traffic Signal. The Property Owner shall pay the Town Fifty Thousand Dollars ($50,000), which payment is to reimburse the Town for twenty-five percent (25%) of the cost to design and construct the signal at the intersection of Newlin Gulch Boulevard and Mainstreet, prior to the recording of the first final plat for the Property, which amount shall increase annually commencing on the date that Ordinance No. 2.234, Series of 2013, goes into effect, by the U.S. Bureau of Labor Statistics Consumer Price Index for Denver-Boulder, All Items, All Urban Consumers, or its successor index.
Traffic Signal. The Property Owner shall pay to the Town one hundred percent (100%) of the cost to design and construct a traffic signal at the intersection of Compark Boulevard and Chambers Road, seventy-five percent (75%) of the cost to design and construct a traffic signal at the intersection of Chambers Road and Grasslands Drive, fifty percent (50%) of the cost to design and construct a traffic signal at the intersection of Cottonwood Drive and Chambers Road and twenty-five percent (25%) of the cost to design and construct a traffic signal at the intersection of Cottonwood Drive and the easternmost full turning movement access to the PA-8 Property (the “Cottonwood Access Traffic Signal”), according to the "Traffic Signal Payment Schedule," which is attached hereto as Replacement Exhibit I and incorporated by this reference. The Town shall use such funds for the sole purpose of installing the traffic signals at the intersections described herein at such time as the Town deems the traffic signals warranted.
Traffic Signal. A. It is anticipated that the Glade Parks South Development will generate vehicular traffic that will necessitate the installation of traffic signal(s) at the intersection of Heritage Avenue and Cheek Sparger Road. Upon execution of this Agreement the Developer shall deposit fifty thousand dollars ($50,000) into an escrow account to be held by the City to apply towards the future installation of these traffic signal(s).
Traffic Signal. The City of Burbank has not made a written request that Seller make any payment of fees for the installation of a traffic signal at the entrance of the Project on Thornton Avenue, pursuant to the First Amendment to Development Agreement recorded as Instrument No. 91-1437795. For the purposes of this Agreement, whenever a representation or warranty or other reference is made in this Agreement on the basis of the knowledge of Seller or words of similar import, such representation, warranty or reference is made solely on the basis of the actual, as distinguished from implied, imputed and constructive, knowledge on the date that such representation or warranty is made, without inquiry or investigation of (i) Laurence Geller, Rich Moreau and Ken Barrett, but excluding any such knowledge that is based on facts disclosed in writing to or otherwise actually known by Warren Q. Fields, the individual within the employ of Purchaser responsible for overseeing the purchase of the Property from Seller, prior to the Closing Date. Subject to the foregoing limitations, the knowledge of Seller shall be deemed to include the knowledge of Operating Lessee. Purchaser shall be entitled to interview the current general manager of the Hotel with regard to the matters set forth in this Section 5.01, but the knowledge of the general manager or any other Employee which is not known to Seller or Operating Lessee shall not be imputed to Manager, Seller or Operating Lessee and the comments of the general manager or any other Employee shall not constitute a representation of the Manager or Seller. The representations and warranties of Seller as set forth in or made pursuant to this Section 5.01 shall survive the Closing Date for the Survival Period (as hereinafter defined) and shall not be deemed merged into any instrument of conveyance delivered at the Closing.
Traffic Signal. Using the traffic obtained in Section 11, C, prepare a traffic signal warrant analysis based on the current Texas Manual on Uniform Traffic Control Devises (MUTCD) at the following intersections: Texas Avenue/E 27th Street Texas Avenue/E 26th Street Based on the recommendation and acceptance by the City and TxDOT, implement each proposed traffic signal improvement within existing TxDOT ROW. Identify and prepare Traffic Signal Plans using City Standards for warranted traffic signals and the following intersections: Highway 21 Martin Luther King Street E 27th Street East 23rd Street Carson St Twin Blvd/Post Office Street Oak Street Sulfur Springs Road/Eagle Pass Street East North Avenue/Broadmoor Drive North Rosemary Drive Confirm the power source for new signals and coordinate with the appropriate utility agency. Traffic Signal Plans must be signed and sealed by a Texas Registered Professional Engineer. Develop quantities, general notes, specifications and incorporate the appropriate agency standards required to complete construction. Traffic signal poles, fixtures, signs, and lighting must be designed per the Green Ribbon Report recommendations and standards. Provide the following information in the Traffic Signal Plans:
Traffic Signal. If the installation of a traffic signal at the intersection of US 395 and Eagle Station Lane meets the requisite traffic warrants as set forth in the latest edition of the Manual of Uniform Traffic Control Devices and is approved by the Nevada Department of Transportation, RTC agrees to install the traffic signal at the intersection of US 395 and Eagle Station Lane no later than one (1) year from the date that said traffic signal is approved by the Nevada Department of Transportation (“Signal Deadline”) and pay the costs of the installation up to TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000). RTC agrees to use all good faith efforts to expedite the installation of the traffic signal upon notice of approval by the Nevada Department of Transportation and agrees to use all good faith efforts to minimize the costs of the installation of the traffic signal, including, without limitation, the use of existing supplies, materials and inventory. If the costs to install the traffic signal exceed TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000), the RDA and Carson Gaming agree to equally pay for all such additional costs, provided, however, Carson Gaming shall receive a credit for fees and costs previously incurred which are directly related to the traffic signal, including, but not limited to , engineering, traffic studies and design. This credit shall be equal to one-half (1/2) of the out-of-pocket expenses incurred by Carson Gaming and shall not exceed SEVENTY_FIVE THOUSAND DOLLARS ($75,000).