Utility crossing definition
Examples of Utility crossing in a sentence
Approval of the proposed Resolution will have a fiscal impact for rent payments up to $43,709.63 to the LADWP Power Revenue Fund over the term of the Utility Crossing Agreement.
Project Company shall not, without Pipeline Owner’s written consent, assign, mortgage, encumber, hypothecate, pledge or transfer to one or more assignees, mortgagees, co-tenants or any other secured party, any or all right, title or interest in this Agreement and the Utility Crossing.
The WORK will consist of furnishing all materials, labor, equipment and transportation to provide construction of the 2017 Aerial Utility Crossing Replacement project in accordance with the Contract Documents.
The Road Authority shall assist CP in obtaining all necessary Utility Crossing agreements with Third Parties.
The 30-year Utility Crossing Agreement authorizes a one-time retroactive $4,000 rent payment to Torrance Pipeline for October 13, 2017 through October 12, 2021, and thereafter a $1,000 annual rent payment, increased by three percent annually over the remaining life of the Agreement through October 12, 2047.
Prior to operation of the Facilities, the Pipeline Owner may send a representative to the Utility Crossing to inspect and perform acceptance tests, if necessary, to determine if the Facilities comply with the approved plans, Laws, and Exhibit “B.” Pipeline Owner shall notify the Project Company as to whether or not approval is granted within ten (10) working days from Pipeline Owner’s inspection of the Project Company Facilities.
Pipeline Owner shall have access to the Utility Crossing at all times.
Pipeline Owner is willing to consent to Project Company's construction, maintenance and use of the Utility Crossing on the Easement during the Term subject to the terms and conditions of this Agreement.
In furtherance of Section 7.1, the Road Authority agrees and acknowledges that prior to commencing any Work on the Railway Lands, CP must have entered into all necessary Utility Crossing agreements with Third Parties, utilizing CP standard form agreements and all to the satisfaction of CP.
The Town and Developer acknowledge that two water lines and one sanitary sewer line (each, a “Utility Crossing”) shall cross the Railroad ROW and, as such, shall require the approval of Great Western Railroad and the entering into of three crossing licenses or similar such agreements (each, a “Utility Crossing License”) (one Utility Crossing License for each Utility Crossing) by the Town and Great Western Railroad.