Upsizing definition

Upsizing. The Town shall not require Master Developer to “upsize” any future Public Infrastructure (i.e., to construct the infrastructure to a size larger than required to service the Project) unless financial arrangements reasonably acceptable to Master Developer are made to compensate Master Developer for the incremental or additive costs of such upsizing. For example, if an upsize to a water pipe size increases Master Developer’s costs by 10% but adds 50% more capacity, the Town shall only be responsible to compensate Master Developer for the 10% cost increase. Acceptable financial arrangements for upsizing of improvements include reimbursement agreements, payback agreements, pioneering agreements, and impact fee credits and reimbursements. Any decision by the Town to limit access to any roads built by Master Developer shall be considered an “upsizing” and shall not be required of Master Developer unless financial arrangements reasonably acceptable to Master Developer are made to compensate Master Developer for the loss of value and additive costs of such upsizing.

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Upsizing. All Public Infrastructure shall be of sufficient capacity to service the entire Project at Buildout. The City shall not require Master Developer to “upsize” any future Public Infrastructure (i.e., to construct the infrastructure to a size larger than required to service the Project) unless financial arrangements reasonably acceptable to Master Developer are made to compensate Master Developer for the incremental or additive costs of such upsizing. For example, if an upsizing to a water pipe size increases costs by 10% but adds 50% more capacity, the City shall only be responsible to compensate Master Developer for the 10% cost increase. An acceptable financial arrangement for upsizing of improvements means reimbursement agreements, payback agreements, and impact fee credits and reimbursements. Providing Public Infrastructure with sufficient capacity to serve the entire Project at Buildout is not considered upsizing for purposes of this MDA, and all associated costs thereof are the sole responsibility of the Master Developer, and not the responsibility of the City.

Upsizing. All Public Infrastructure shall be of sufficient capacity to service the entire Project at Buildout. The City shall not require Master Developer to “upsize” any future Public Infrastructure (i.e., to construct the infrastructure to a size larger than required to service the Project) unless financial arrangements reasonably acceptable to Master Developer and the City are made to compensate Master Developer for the incremental or additive costs of such upsizing, through Impact Fees derived from the Project using reimbursement agreements, or through connectors agreements. For example, if an upsizing to a water pipe size increases costs by 10% but adds 50% more capacity, the City shall only be responsible to compensate Master Developer for the 10% cost increase. An acceptable financial arrangement for upsizing of improvements means reimbursement agreements, payback agreements, and impact fee credits and reimbursements. Providing Public Infrastructure with sufficient capacity to serve the entire Project at Buildout is not considered upsizing for purposes of this MDA, and all associated costs thereof are the sole responsibility of the Master Developer, and not the responsibility of the City.

Examples of Upsizing in a sentence

• The Sponsor has filed each Preliminary Prospectus (as hereinafter defined) and the Upsizing Free Writing Prospectus (as hereinafter defined) with the Commission.

• The Sponsor has filed each Preliminary Prospectus (as hereinafter defined) and the Upsizing Prospectus (as hereinafter defined) with the Commission.

• For purposes of this Agreement, all references to the Registration Statement, any Upsizing Registration Statement, the U.S. Base Prospectus or the U.S. Preliminary Prospectus, any Issuer Free Writing Prospectus (as defined below) or the U.S. Final Prospectus, or any amendment or supplement to any of the foregoing, shall be deemed to include the copy filed with the Commission pursuant to its Electronic Data Gathering, Analysis and Retrieval System (“▇▇▇▇▇”).

• Purchaser shall pay all costs incurred by Seller or imposed by Lender in connection with such Loan Upsizing to the extent the same are directly attributable to the acceleration of the Loan Upsizing and shall, at Closing, reimburse Seller for any additional escrows, reserves or impounds required by Lender in connection with such Loan Upsizing.

• In the event that the amount is found to be unacceptable by the City, the District and the City agree to engage in discussions to reach agreement on an amount that is acceptable for the Sewer Upsizing Payment.

• City of Tualatin intends to undertake Phase 1 of the Martinazzi Sanitary Sewer Upsizing (Priority 2): North Trunk – Seminole Tr to ▇▇▇▇▇▇ St Project (7170) to install 1,086 LF of new 15-inch PVC sanitary sewer main along ▇▇ ▇▇▇▇▇▇▇▇▇▇ Ave between SW Seminole Trail north to ▇▇ ▇▇▇▇▇▇ St, replacing the existing 12-inch pipe running through the neighborhood just west of ▇▇ ▇▇▇▇▇▇▇▇▇▇ Ave.

• The District will provide to the City an engineer’s opinion of probable construction costs for the Sewer Upsizing Payment.

• Upsizing the horsepower of the well pumps to 200 horsepower would likely require an upsizing of the motor starters and conductors but may not require any further upsizing of the electrical distribution system.

• The City will evaluate the amount of the proposed Sewer Upsizing Payment, and provide either (i) written confirmation that the proposed amount of the Sewer Upsizing Payment is acceptable or (ii) a response which indicates that the amount is unacceptable and further evaluation of such amount is required before it will be accepted by the City.

• All such communications shall be mailed, sent or delivered, addressed to the party for whom it is intended at its address set forth below: HTI MOB Portfolio (Upsizing) If to Indemnitor: c/o Healthcare Trust Operating Partnership, L.P. 4▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: Healthcare General Counsel with a copy to Eversheds S▇▇▇▇▇▇▇▇▇ LLP 1114 Avenue of the Americas, 4▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: J▇▇▇ ▇.

More Definitions of Upsizing

Upsizing means the increase of any scale, scope or capacity in any Local Infrastructure as a result of the exercise of HCC’s rights in clause 13.1;

Upsizing. The County shall not require Master Developer to “upsize” any future Public Infrastructure (i.e., to construct the infrastructure to a size larger than required to service the Project) unless financial arrangements reasonably acceptable to Master Developer are made to compensate Master Developer for the incremental or additive costs of such upsizing. For example, if an upsize to a water pipe size increases Master Developer’s costs by 10% but adds 50% more capacity, the County shall only be responsible to compensate Master Developer for the 10% cost increase. Acceptable financial arrangements for upsizing of improvements include reimbursement agreements, payback agreements, pioneering agreements, and impact fee credits and reimbursements. Any decision by the County to limit access to any roads built by Master Developer shall be considered an “upsizing” and shall not be required of Master Developer unless financial arrangements reasonably acceptable to Master Developer are made to compensate Master Developer for the loss of value and additive costs of such upsizing.