Deemed Abandonment definition

Deemed Abandonment means the failure to complete the Project on or before the Project Completion Date in the opinion of Ontario, acting reasonably.
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Deemed Abandonment means the failure to complete the Project on or before the Project Completion Date;
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Deemed Abandonment has the meaning set out in Section 12.2 - Option Upon Expiry/Cancellation.
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Examples of Deemed Abandonment in a sentence

  • In the event that any third party wishes to file a financing statement in respect of the Company’s assets, the Company will cause the third party to first deliver to the City a Priority and Subordination Agreement in the form attached as Schedule “E” prior to making any such filing, subordinating their interests to those of the City pursuant to the Dark Fibre Licence, Dark Fibre Transfer and Deemed Abandonment.

  • The City will, from time to time and at any time, execute and deliver a Priority and Subordination Agreement in the form attached as Schedule “E” subordinating the City’s interest under the General Security Agreement to the interests of any third party in any assets of the Company (other than the interests of the City under the Dark Fibre Licence, Dark Fibre Transfer and Deemed Abandonment).

  • One of the Programme’s main goals is to develop a Marine Spatial Plan (MSP) which will minimize conflict among ocean uses, manage the Island’s marine resources, and designate 20% of Bermuda’s EEZ as a network of no-take marine protected areas (MPAs).This presentation will concentrate on the first phase of the MSP stakeholder engagement process which has been complicated by the Covid 19 pandemic.

  • The termination of this Agreement under this Section 11 shall constitute a Deemed Abandonment of Grantee’s Facilities and shall be subject to Section 5.2 hereof.

  • If a Deemed Abandonment occurs and after thirty (30) days prior written notice to Declarant by a majority (in square footage) of the then owners of the Property, in the event Declarant has not recommenced or reacknowledged its use of the Easements within such thirty (30) day period, the Easements shall terminate and Declarant shall dismantle and remove the Tower pursuant to the terms herein.

  • Takayuki NaitoResearch Theme: Single-cell Biochemistry and Molecular Analysis of Brain Functions Abstractln gene-based approach to the study of brain functions, our present major aims are to study activity-dependent gene expression in the nervous system and to identify neuron types by genes expressed within them (NeuMap project).

  • Claim of Homestead on Property Previously Homesteaded Not Deemed Abandonment of Prior Homestead.

  • Thus, BA has decided to cover Smart transportation with this F/S project.

  • Grantor and Declarant acknowledge and agree that this Declaration shall terminate on December 31, 2068, and thereafter the Declaration shall be automatically extended for consecutive three (3) year periods unless a Deemed Abandonment (defined below) occurs.

  • Deemed Abandonment of Application ......................................


More Definitions of Deemed Abandonment

Deemed Abandonment is deemed to have occurred if no equipment or antennas are installed on any Tower and neither Declarant nor any party claiming by, through, or under Declarant, has taken any noticeable, significant or affirmative actions to use or enjoy the Easements for a period of two (2) consecutive years. Declarant shall have the absolute right to remove the Tower and any improvements on the Tower Easement Premises at any time during the Term of the Easement. Within ninety (90) days after the expiration or earlier termination of the Easement, Declarant shall have the option to remove all above-ground improvements. Declarant shall be at all times entitled to abandon all other footings, foundations, and other below-ground improvements in place, provided such abandonment must be (a) compliant with all laws and effect; (b) done in compliance with the existing best practices in the industry in a first class manner. .
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Related to Deemed Abandonment

  • Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of a distribution main extension or service line that are in excess of costs paid by the utility. The amount of tax shall be reduced by the present value of the tax benefits to be obtained by depreciating the property in determining the tax liability.

  • Has a record of such an impairment means has a history of, or has been misclassified as having, a mental or physical impairment that substantially limits one or more major life activi- ties.

  • Constructive Sale means, with respect to any security, a short sale or entering into or acquiring an offsetting derivative contract with respect to such security, entering into or acquiring a futures or forward contract to deliver such security or entering into any other hedging or other derivative transaction that has the effect of materially changing the economic benefits and risks of ownership of such security.

  • Construction defect means a deficiency in or a deficiency arising out of the design, specifications, surveying, planning, supervision, or observation of construction or construction of residential improvements that results from any of the following:

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Has a record of such impairment means has a history of, or has been misclassified as having, a mental or physical impairment that substantially limits one or more major life activities.

  • Environmental Action means any action, suit, demand, demand letter, claim, notice of non-compliance or violation, notice of liability or potential liability, investigation, proceeding, consent order or consent agreement relating in any way to any Environmental Law, any Environmental Permit or Hazardous Material or arising from alleged injury or threat to health, safety or the environment, including, without limitation, (a) by any governmental or regulatory authority for enforcement, cleanup, removal, response, remedial or other actions or damages and (b) by any governmental or regulatory authority or third party for damages, contribution, indemnification, cost recovery, compensation or injunctive relief.

  • Materials of Environmental Concern any gasoline or petroleum (including crude oil or any fraction thereof) or petroleum products or any hazardous or toxic substances, materials or wastes, defined or regulated as such in or under any Environmental Law, including asbestos, polychlorinated biphenyls and urea-formaldehyde insulation.

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Land disturbing construction activity means any man-made alteration of the land surface resulting in a change in the topography or existing vegetative or non-vegetative soil cover, that may result in runoff and lead to an increase in soil erosion and movement of sediment into waters of the state. Land disturbing construction activity includes clearing and grubbing, demolition, excavating, pit trench dewatering, filling and grading activities.

  • Casualty Loss has the meaning set forth in Section 5.06.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Areas susceptible to mass movement means those areas of influence, characterized as having an active or substantial possibility of mass movement, where the movement of earth material at, beneath, or adjacent to the landfill unit, because of natural or human-induced events, results in the downslope transport of soil and rock material by means of gravitational influence. Areas of mass movement include landslides, avalanches, debris slides and flows, soil fluction, block sliding, and rock falls.

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Material of Environmental Concern means and includes pollutants, contaminants, hazardous wastes, and toxic, radioactive, caustic or otherwise hazardous substances, including petroleum, its derivatives, by-products and other hydrocarbons, or any substance having any constituent elements displaying any of the foregoing characteristics.

  • Construction activity means any clearing, grading or excavation associated with large construction activity or associated with small construction activity.

  • Environmental Actions means any complaint, summons, citation, notice, directive, order, claim, litigation, investigation, judicial or administrative proceeding, judgment, letter, or other communication from any Governmental Authority, or any third party involving violations of Environmental Laws or releases of Hazardous Materials from (a) any assets, properties, or businesses of Borrower or any predecessor in interest, (b) from adjoining properties or businesses, or (c) from or onto any facilities which received Hazardous Materials generated by Borrower or any predecessor in interest.

  • Title V Permit means an operating permit under Title V of the Act.

  • Construction permit is defined in Section 4.

  • Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.

  • Retained Environmental Liabilities means all Environmental Liabilities of Seller or its Affiliates arising out of or relating to operations or activities that are not primarily related to the Business, whether arising or related to the period before or after Closing.

  • Environmental Activity means any use, storage, holding, existence, Release, emission, discharge, generation, processing, abatement, removal, disposition, handling or transportation of any Hazardous Substance.

  • Environmental Loss means any loss, cost, damage, liability, deficiency, fine, penalty or expense (including, without limitation, reasonable attorneys' fees, engineering and other professional or expert fees), investigation, removal, cleanup and remedial costs (voluntarily or involuntarily incurred) and damages to, loss of the use of or decrease in value of the Equipment arising out of or related to any Adverse Environmental Condition.