Examples of Acquisition Termination Notice in a sentence
The Planning Committee of the Common Council shall consider the matter at its regularly scheduled meeting next following delivery of the Acquisition Termination Notice.
The Agency and the City agree that, during said period, they will take no action to acquire any Other Property except as requested in writing by Redeveloper in the Acquisition Termination Notice.
In particular, Figure 4 shows a roughly constant gap of 8 percentage points between the two applicants in favor of the control candidate who received 21.3% of positive returns compared to 13.4% for the test candidate.
Upon receipt of the Acquisition Termination Notice and following the requisite Taking Determination with respect thereto described in Section 18.2(b), the Agency and City shall prepare to acquire, at the earliest practicable date, and which is consistent with the provisions of the Statutes, the Redevelopment Plan, this Agreement and any resolution of the Common Council referred pursuant to Section 18.2(b), all parcels of Acquisition Property within the Project Site.
If such evidence is provided by Tenant to Landlord within thirty (30) days of receipt of the Landlord PPA Acquisition Termination Notice, and such evidence is not subject to reasonable dispute by Landlord, this Lease shall be deemed not terminated, and in full force and effect.
Upon receipt of the Landlord PPA Acquisition Termination Notice, Tenant shall have the right to provide Landlord with evidence that a PPA has been executed within the PPA Acquisition Period.
In the event there is no evidence provided by Tenant to Landlord that a PPA has been executed within the PPA Acquisition Period, then thirty-one (31) days after the receipt by Tenant of the Landlord PPA Acquisition Termination Notice, this Lease shall terminate and shall be null and void, and Landlord and Tenant shall have no further obligations to one another hereunder, except for obligations which specifically survive the termination of this Lease.
The Agency and the City shall prepare to acquire, in the manner set forth in Section 18.3 and in accordance with all Legal Requirements, all such real property described in the Acquisition Termination Notice which the Common Council and the Agency have so approved shall be taken by eminent domain (collectively, the “Acquisition Property”).