Non-Expansion definition
Examples of Non-Expansion in a sentence
Except as otherwise expressly provided in this Lease, all terms, covenants, and conditions of the Lease shall remain in full force and effect during the Non-Expansion Renewal Term, except that the Rent applicable to the Non-Expansion Renewal Term shall be Market Rent (as defined below) for the first Non-Expansion Renewal Option set forth in the preceding paragraph and shall escalate by [***]% commencing on the first day of each subsequent Non-Expansion Renewal Option.
A.1.3 Both the Expansion Parties and the Non-Expansion Parties will share in the benefits of an expansion of an Alaska LNG Project component (other than access to or sharing of the expansion capacity).
In addition, both Expansion Parties and Non-Expansion Parties would share proportionately in any reduction in unit operating costs.
An acceptable Performance Monitoring Plan based on a compliance monitoring well network sufficient to monitor the Non-Expansion Cleanup Objective must be established.
For water use outside the AMAs Figure 2 shows the water use that was reported under the Community Water System (CWS) program and by users in the Irrigation Non-Expansion Areas, as discussed below. Irrigation Non-Expansion Areas The Code also established two Irrigation Non-Expansion Areas (INAs) - the ▇▇▇▇▇▇ City ▇▇▇ and the ▇▇▇▇▇▇▇ ▇▇▇.
For a Stub Period of more than two years, if the parties have not executed a Lease amendment reflecting the economic terms for the Non-Expansion Space by the later of (i) 30 days after delivery of the Acceptance Notice, or (ii) 6 months prior to the expiration of the 10th Lease Year, then the Current Market Rent shall be determined pursuant to the Three Broker Method.
That the Authorized Officers, or any individuals designated by the Authorized Officers whose names are provided in writing to the Lender, be, and each of them hereby is, authorized and empowered to borrow up to $5,000,000 pursuant to the terms of the Mezzanine Credit Documents.