Acquisition of Property Sample Clauses

Acquisition of Property. The Contractor shall document that all property was acquired consistent with its engineering, production planning, and property control operations.

Acquisition of Property. By August 1, 2022, Developer shall have closed on the purchase of all of the parcels comprising the Property and all of the necessary rights of way required for the Project. Developer shall provide copies of deeds and such other closing documents as requested by the City or RDA regarding the purchase of the Property and rights of way. The Property and rights of way shall be owned in the name of the Developer.

Acquisition of Property. Crow shall sell the Property to Patriot ----------------------- pursuant to the terms hereof and of the Omnibus Purchase and Sale Agreement.

Acquisition of Property. To purchase, hire or otherwise acquire as it deems fit movable property for use in relation to the Land.

Acquisition of Property. Upon the final acceptance of the Property by Xxxxxx, as evidenced by execution by Xxxxxx of a final acceptance certification pursuant to the Lease and delivered to Escrow Agent, and the payment of all costs related thereto (i) any retainage shall be disbursed as directed by Xxxxxx, and (ii) any amounts remaining in the Acquisition Fund (including the earnings from investments thereof) shall be transferred to Lessee and be applied toward reimbursement of Lessee for funds advanced for the Property. To the extent that additional moneys in excess of those needed to reimburse Lessee for the acquisition of the Property exist in the Acquisition Fund, such amounts shall be paid to Lessor and applied first to the next payment due on the Lease and then applied to prepayment of the principal component of installment payments and Lessor shall recalculate the lease payment schedule for the remaining term such that the remaining lease payments shall be level. Upon disbursement of all sums in the Acquisition Fund, this Escrow Agreement shall terminate, provided that the indemnifications by Lessee shall survive the termination of this Escrow Agreement.

Acquisition of Property. The parties agree that neither party shall acquire any property as the result of this Agreement.

Acquisition of Property. The Association shall have the power to acquire (by gift, purchase or otherwise), own, hold, improve, operate, maintain, convey, sell, lease, transfer, dedicate for public use or otherwise dispose of real or personal property in connection with the affairs of the Association.

Acquisition of Property. 1. The Erie County Land Bank (“Land Bank”) shall only acquire property in the Municipality when each of the Municipality, the County and the School District have entered into an Intergovernmental Cooperation Agreement with the Land Bank providing: a. That, except for compelling cause shown, the municipal taxing authorities will discharge all liens and other back charges against the property upon request following acquisition by Land Bank. b. That the property will be held by Land Bank tax-free until such time as it is conveyed for redevelopment, at which time it will return to the tax rolls at full assessed value. c. That an allocation equal to fifty percent (50%) of property tax revenue received by the municipal taxing authorities during a period of five (5) years once the property acquired is returned to the tax rolls following the date of conveyance from the Land Bank shall be paid to Land Bank in order to support future activity. At the conclusion of the five year period, all tax revenue shall belong to the taxing authorities, and Land Bank's involvement will terminate. 2. When Land Bank acquires residential properties that are occupied at the time of acquisition, it is the policy of Land Bank to show a preference for keeping the former owner-occupants in the property, whenever feasible. 3. Before acquiring property in any Municipality, Land Bank shall obtain written consent from the designated representative of such Municipality.

Acquisition of Property. The acquisition of any property by the Company (other than the Property) and the terms and conditions for any such acquisition;

Acquisition of Property. The Issuer will not, and will not permit any other Securitization Entity to, acquire, by long-term or operating lease or otherwise, any property (i) if such acquisition when effected on behalf of any Securitization Entity by the Manager would constitute a breach by the Manager of the Management Agreement or (ii) that is a lease, license or other contract or permit, if the grant of a lien or security interest in any of the applicable Securitization Entity’s right, title and interest in, to or under such lease, license, contract or permit in the manner contemplated by the Indenture and the Guarantee and Collateral Agreement (a) would be prohibited by the terms of such lease, license, contract or permit, (b) would constitute or result in the abandonment, invalidation or unenforceability of any right, title or interest of the applicable Securitization Entity therein or (c) would otherwise result in a breach thereof or the termination or a right of termination thereof, except to the extent that any such prohibition, breach, termination or right of termination is rendered ineffective pursuant to the UCC or any other applicable law.