Historic Designation Sample Clauses

Historic Designation. Due to the Historic Designation of the Occidental Mall, the Building qualifies for a special tax valuation designation pursuant to the Special Valuation of Property Act, Chapter 84.26
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Historic Designation. Due to the Historic Designation of the Occidental Mall Building, the Building qualifies for a special tax valuation designation pursuant to the Special Valuation of Property Act, Chapter 84-26RCW. This designation was a material economic element necessary to induce the Landlord to undertake and finance the rehabilitation of the Occidental Mall. As a result of this Special Valuation of Property Act, the Occidental Mall qualifies for a special tax valuation, and, as a result, the Real Property Taxes have been reduced below the amount that would be due and owing if the Building did not qualify for the special tax valuation. For purposes of this Section 9 "Real Property Taxes," the Base Year Real Property Taxes and subsequent Lease Year Real Property Taxes shall be calculated based on full assessed value multiplied by the applicable mileage rate then in effect.
Sample 1Sample 2Sample 3
Historic Designation. The Issuer represents and warrants that the current historic designation status of the Facilities is correctly and completely described on Exhibit G. The Tenant covenants and agrees that Tenant will protect such historic designation and status. The Issuer covenants and agrees that any actions or determinations following the date hereof concerning creation or recognition of historic status or designation shall be subject to the consent of Tenant, Manager and Guarantor, which consent may be withheld in the absolute discretion of Tenant, Manager or Guarantor if any such creation or designation could, in the reasonable judgment of Tenant, Manager or Guarantor, have a material adverse effect on their operation and management of the Facilities or any of them.
Sample 1
Historic Designation. Landlord shall promptly pursue, at its cost, the designation of the Property as a historic property and its listing in the National Register of Historic Places. In doing so, Landlord shall provide Tenant a reasonable opportunity to review and comment on the related materials.
Sample 1
Historic Designation. 🞏 🞏 Historical Designation: Yes No 🞏 🞏
Sample 1
Historic Designation. Tenant expressly acknowledges that the Historic Designation of the building, 00 Xxxxxx Xxxxxx, Hoboken, New Jersey and agrees to comply with any and all federal, state and municipal ordinances and regulations governing tenants use and occupancy of the Leased Premises.
Sample 1
Historic Designation. The town, prior to execution of the Option Agreement, and without any expenditure of Town funds, will make its best effort to complete the process of obtaining an historic designation for the property. In the event the Town is unable to complete the process without expending its own funds, VOA will assume responsibility for the process and pay all related expenses without recourse for reimbursement from the Town, and the Town will fully cooperate with VOA. VOA and the Town understand and agree that if the Town obtains Federal historic designation grant funding to improve the Subject Property and utilizes the funding to finance the improvements, the A.D. Xxxx building will not be eligible for demolition.
Sample 1
AutoNDA by SimpleDocs
Historic Designation 
Sample 1

Related to Historic Designation

  • Series Designation The Series Designation establishing a Series may: (i) specify a name or names under which the business and affairs of such Series may be conducted; (ii) designate, fix and determine the relative rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests of such Series and the Members associated therewith (to the extent such terms differ from those set forth in this Agreement) and (iii) designate or authorize the designation of specific Officers to be associated with such Series. A Series Designation (or any resolution of the Managing Member amending any Series Designation) shall be effective when a duly executed original of the same is included by the Managing Member among the permanent records of the Company, and shall be annexed to, and constitute part of, this Agreement (it being understood and agreed that, upon such effective date, the Series described in such Series Designation shall be deemed to have been established and the Interests of such Series shall be deemed to have been authorized in accordance with the provisions thereof). The Series Designation establishing a Series may set forth specific provisions governing the rights of such Series against a Member associated with such Series who fails to comply with the applicable provisions of this Agreement (including, for the avoidance of doubt, the applicable provisions of such Series Designation). In the event of a conflict between the terms and conditions of this Agreement and a Series Designation, the terms and conditions of the Series Designation shall prevail.

  • Establishment and Designation of Series The establishment and designation of any Series or class of Shares shall be effective upon the resolution by a majority of the then Board of Trustees, adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series or class. Each such resolution shall be incorporated herein by reference upon adoption. Each Series shall be separate and distinct from any other Series and shall maintain separate and distinct records on the books of the Trust, and the assets and liabilities belonging to any such Series shall be held and accounted for separately from the assets and liabilities of the Trust or any other Series. Shares of each Series or class established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

  • Limitations on Designation of Unrestricted Subsidiaries (a) The Issuer may designate any Subsidiary (including any newly formed or newly acquired Subsidiary) of the Issuer as an “Unrestricted Subsidiary” under this Indenture (a “Designation”) only if:

  • Designation and Number A series of Partnership Units in the Partnership designated as the 7.75% Series D Cumulative Redeemable Preferred Units (the "Series D Preferred Units") is hereby established. The number of Series D Preferred Units shall be 1,595,337.

  • Creation and Designation There is hereby created a Tranche of Class A Notes to be issued pursuant to this Terms Document, the Indenture and the Indenture Supplement to be known as the “DiscoverSeries Class A(2018-6) Notes.”

  • Limitation on Designations of Unrestricted Subsidiaries (a) The Company may designate any Restricted Subsidiary as an “Unrestricted Subsidiary” under this Indenture (a “Designation”) only if:

  • Designation and Conversion of Restricted and Unrestricted Subsidiaries (a) Unless designated after the Closing Date in writing to the Administrative Agent pursuant to this Section, any Person that becomes a Subsidiary of the Borrower or any of its Restricted Subsidiaries shall be classified as a Restricted Subsidiary.

Time is Money Join Law Insider Premium to draft better contracts faster.