IG definition
Examples of IG in a sentence
The Executive Director is authorized and directed to take such actions as he shall deem necessary or convenient to implement the disposition of a ground leasehold interest in the IG Parcel as provided above, and as generally described in the Award Letter.
The form of ground lease by which Authority expects to provide a transfer of ground leasehold interest in the IG Parcel to Developer will be substantially in the form customarily utilized by Authority in comparable affordable rental housing transactions subject to laws and regulations and commercially reasonable market conditions at such time as evaluated by Authority when the Parties are negotiating and entering into the ground lease (“Form of Ground Lease”).
A non-refundable deposit in the amount set forth in Section I.D is due and payable to Licensor according to the payment schedule set forth in Section I.G. Such deposit shall be credited to the License Fee and reimbursable expenses described below.
The Parties acknowledge that certain steps will be needed in order for the condition of title as the entire IG Parcel to be rendered merchantable, and agree to seasonably take commercially reasonable actions necessary and appropriate in order to accomplish such a result.
The SEA agrees to indemnify and save the SPS harmless against any liability which may arise by reason on any action taken by the SPS to comply with the provisions of this Article I.G including reimbursement for any legal fees or expenses incurred in connection therewith.