West Bluffs Clause Samples
West Bluffs. The scope of work is comprised of the work to improve the “West Bluffs Land” (as defined in the Purchase Agreement) to recorded finished lots, except for the builder site costs (“Builder Costs”). The Builder Costs are school fees, sewer hook-up fees, library fees, utility refunds (but not utility deposits), precise lot grading, post-construction lot pulls, water meter fees, the final lift of paving on interior streets, in-tract sidewalks (not including those along Bluff Trail Road and Lincoln Boulevard), the neighborhood traffic improvement program (balance due of $130,000 plus ▇▇▇▇▇▇ ▇▇▇▇▇▇ Realty’s contribution of $200,000), entry monumentation, in-tract landscaping, view wall pilaster veneers, view wall glass inserts, interior party walls, yard drains and other miscellaneous costs associated with the homebuilding phase of the West Bluffs Project. Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 $ *** *** *** *** April-07 $ *** $ *** *** *** *** $ *** Month Sold: Jan-05 May-05 Aug-08 SF Sold: *** *** *** Price per SF: *** *** *** Sale Price: *** *** *** Initial Discounted Period *** Annual Discount Rate *** (a) NPV to *** *** **** **** (b) Base Value *** **** ****
West Bluffs. “West Bluffs Assets” means collectively, (a) that certain land, located in Playa Del Rey, California and described in Schedule 2-A, together with all easements, rights-of-way, and appurtenances benefiting such land (the “West Bluffs Land”), (b) all of the Applicable Seller’s right, title and interest in any and all improvements, structures and fixtures now or on the Closing Date located upon the West Bluffs Land (the “West Bluffs Improvements”), (c) all of the Applicable Seller’s right, title and interest in any and all tangible personal property now or on the Closing Date located on or used with respect to the West Bluffs Land and West Bluffs Improvements, excluding all FF&E located in the offices of the Applicable Seller or any of its Affiliates for the West Bluffs Land (the “West Bluffs Personal Property”), (d) all of the Applicable Seller’s right, title and interest in (I) any Reimbursement and Payment Rights and any Entitlements which in either case pertain to the West Bluffs Land and the West Bluffs Improvements, (II) the Continuing Contracts relating to the West Bluffs Land, the West Bluffs Improvements, the West Bluffs Personal Property, and the other “West Bluffs Intangible Property” (as hereinafter defined), and (III) any governmental permits, licenses, and other approvals, indemnification agreements, warranties and guarantees that the Applicable Seller has received in connection with any work or services performed with respect to the West Bluffs Land or the West Bluffs Improvements, or any maps, studies and reports (excluding any analyses conducted solely for the internal purposes of the Applicable Seller which are confidential), plans and specifications, SB 800 Documents, trade names (excluding the name “Catellus”), advertising and marketing materials, telephone exchange numbers and other intangible personal property related to the West Bluffs Land, the West Bluffs Improvements or West Bluffs Personal Property, excluding the items specified on Schedule A-1 and including the items specified on Schedule B-1 and (e) any and all rights, claims and causes of action the Applicable Seller may have against governmental entities, present and former owners of real property adjacent to any West Bluffs Land, and other third parties in connection with those West Bluffs Assets described in the foregoing subsections (a) through (d) (collectively, the items in (d) and (e), the “West Bluffs Intangible Property”). The Applicable Seller of the West Bluffs Assets ...