PROJECT IDENTIFICATION AND APPROVAL Sample Clauses

PROJECT IDENTIFICATION AND APPROVAL a) Ontario will provide to Canada an initial Project List to be funded under CWWF subject to the provisions in Schedule A (Program Details) upon the Effective Date for Canada’s approval.
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PROJECT IDENTIFICATION AND APPROVAL a) British Columbia will provide to Canada an initial Project List to be funded under the PTIF subject to the provisions in Schedule A (Program Details) upon signature of the Agreement for Canada’s approval.
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PROJECT IDENTIFICATION AND APPROVAL a) New Brunswick will manage the identification and selection of potential projects in accordance with Schedule B (Eligible Project Categories).
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PROJECT IDENTIFICATION AND APPROVAL. . . . . 2 ----------------------------------- 4.2 Site Acquisition . . . . . . . . . . . . . . . . . 3 ---------------- 4.3 Development of Approved Projects . . . . . . . . . 4 -------------------------------- 4.4 Lease of Approved Projects . . . . . . . . . . . . 4 -------------------------- 4.5 Expenses . . . . . . . . . . . . . . . . . . . . . 5 -------- 4.6 Opinion of Counsel . . . . . . . . . . . . . . . . 5 ------------------ 4.7 Guaranties . . . . . . . . . . . . . . . . . . . . 5 ---------- 4.8 Option to Sell . . . . . . . . . . . . . . . . . . 5 -------------- 4.9 Closing of Transfer of Project Site . . . . . . . . 5 -----------------------------------
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PROJECT IDENTIFICATION AND APPROVAL. As soon as ----------------------------------- reasonably practicable after the date hereof, Developer shall identify up to four proposed Projects (the "Proposed Projects"), and shall submit to Capstone a plan for each of the Proposed Projects, which plan (the "Improvement Plan") shall include (i) all plans, specifications, drawings, details and proforma budgets necessary or appropriate for the construction, development, use and operation of an assisted and independent living facility containing up to approximately 150 units and approximately 130,000 gross square feet depending upon the number of units, (ii) site analysis and description for the acquisition of the real estate necessary or appropriate in connection with such assisted and independent living facility, (iii) analysis and description for the acquisition and installation of all personal property necessary or appropriate for the use and operation of the assisted and independent living facility, (iv) preliminary estimates by Developer for the Real Estate Acquisition Amount necessary or appropriate in connection with the Proposed Project, and (v) and all other items that Capstone may reasonably request in connection with the acquisition, construction, development and operation of the Proposed Project. Capstone shall approve or disapprove each Improvement Plan within 30 days after receipt of the last of the foregoing items; provided that Capstone shall use its best efforts to identify objections to the Improvement Plan as the various items are received from Developer and shall provide Developer with written notice of the same within ten days after identifying any such objections. Each Improvement Plan is subject to approval by Capstone and may be amended, modified or supplemented by Developer with Capstone's approval (such approved Improvement Plan, as from time to time amended, modified or supplemented with Capstone's approval, the "Approved Development Plan"). Each Approved Development Plan may include a lease-up allocation of up to $450,000.00 and a contingency amount and a developer's fee of up to five percent each of the total estimated hard costs of construction of the Approved Project. Each Approved Development Plan shall include reasonable estimates by Capstone of the Real Estate Acquisition Amount for such Approved Project, together with a line item budget (the "Approved Budget") for such Approved Project with respect to which Capstone has agreed to fund construction advances pursuant to th...
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Related to PROJECT IDENTIFICATION AND APPROVAL

  • Authorization and Approvals No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority is required for the due execution, delivery and performance by the Borrower, the Parent, or any Guarantor of the Credit Documents to which it is a party or the consummation of the transactions contemplated thereby. At the time of each Borrowing, no authorization or approval or other action by, and no notice to or filing with, any Governmental Authority will be required for such Borrowing or the use of the proceeds of such Borrowing the absence of which could reasonably be expected to cause a Material Adverse Change.

  • Review and Approval Documents specified above must be submitted for review and approval by CITY Purchasing and Contracts prior to the commencement of work by CONTRACTOR. Neither approval by CITY nor failure to disapprove the insurance furnished by CONTRACTOR shall relieve CONTRACTOR of CONTRACTOR’S full responsibility to provide the insurance required by this Contract. Compliance with the insurance requirements of this Contract shall not limit the liability of CONTRACTOR or its sub-contractors, employees or agents to CITY or others, and shall be in addition to and not in lieu of any other remedy available to CITY under this Contract or otherwise. CITY reserves the right to request and review a copy of any required insurance policy or endorsement to assure compliance with these requirements.

  • Authorizations and Approvals Each Borrower shall promptly obtain, from time to time at its own expense, all such Governmental Approvals as may be required to enable such Borrower to comply with its obligations, under the Loan Documents and its Constituent Documents, and to conduct its business in the customary fashion.

  • Regulatory Consents and Approvals All consents, approvals and actions of, filings with and notices to any Governmental or Regulatory Authority necessary to permit Purchaser and Seller to perform their obligations under this Agreement and the Operative Agreements and to consummate the transactions contemplated hereby and thereby (a) shall have been duly obtained, made or given, (b) shall be in form and substance reasonably satisfactory to Purchaser, (c) shall not be subject to the satisfaction of any condition that has not been satisfied or waived and (d) shall be in full force and effect, and all terminations or expirations of waiting periods imposed by any Governmental or Regulatory Authority necessary for the consummation of the transactions contemplated by this Agreement and the Operative Agreements shall have occurred.

  • Regulatory Filings and Approvals Copies of all necessary governmental and third party approvals, registrations, and filings in respect of the transactions contemplated by this Agreement;

  • Consents and Approval Except where expressly provided as being in the sole discretion of a Party, where agreement, approval, acceptance, consent, confirmation, notice or similar action by either Party is required under this Agreement, such action shall not be unreasonably delayed or withheld. An approval or consent given by a Party under this Agreement shall not relieve the other Party from responsibility for complying with the requirements of this Agreement, nor shall it be construed as a waiver of any rights under this Agreement, except as and to the extent otherwise expressly provided in such approval or consent.

  • Filings and Approvals Cooperate with the other in the preparation and filing, as soon as practicable, of (A) the Applications, (B) the Proxy Statement, (C) all other documents necessary to obtain any other approvals, consents, waivers and authorizations required to effect the completion of the Merger and the other transactions contemplated by this Agreement, and (D) all other documents contemplated by this Agreement;

  • Authority and Approval NAP has all requisite limited partnership power and authority to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to perform all of the terms and conditions hereof to be performed by it, except that the consummation of the Merger is subject to receipt of the NAP Written Consent. The execution and delivery of this Agreement by NAP, the consummation of the transactions contemplated hereby and the performance of all of the terms and conditions hereof to be performed by NAP have been duly authorized and approved by all requisite partnership action on the part of NAP, except that the consummation of the Merger is subject to receipt of the NAP Written Consent. At a meeting duly called and held, the NAP Conflicts Committee, by unanimous vote, in good faith (a) determined that this Agreement and the transactions contemplated hereby are in the best interest of NAP and the Holders of NAP Public Units, (b) approved this Agreement and the transactions contemplated hereby, including the Merger (the foregoing constituting the NAP Special Approval), (c) resolved to make the NAP Conflicts Committee Recommendation and (d) resolved to recommend, and to direct the NAP Board to recommend, the approval of this Agreement and the Merger, by the Holders of NAP Public Units. At a meeting duly called and held and upon the receipt of the recommendation of the NAP Conflicts Committee, the NAP Board, by unanimous vote, (i) determined that this Agreement and the transactions contemplated hereby are in the best interests of NAP and the Holders of NAP Public Units, (ii) approved this Agreement and the transactions contemplated hereby, including the Merger, and (iii) directed that this Agreement be submitted to a vote of Holders of NAP Common Units, made the NAP Board Recommendation and authorized the Holders of NAP Common Units to act by written consent pursuant to Section 13.11 and Section 14.3 of the NAP Partnership Agreement. The adoption of this Agreement by the written consent in lieu of a meeting of the Holders of at least a majority of the Outstanding (as defined in the NAP Partnership Agreement) Common Units in accordance with Section 13.11 and Section 14.3 of the NAP Partnership Agreement (the “NAP Written Consent”) is the only vote or approval of partnership interests in NAP necessary to approve and adopt this Agreement and approve and consummate the transactions contemplated by this Agreement, including the Merger. This Agreement has been duly executed and delivered by NAP and constitutes the valid and legally binding obligation of NAP, enforceable against NAP in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other similar Laws affecting the enforcement of creditors’ rights and remedies generally and by general principles of equity (whether applied in a Proceeding at law or in equity).

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