FAR Sample Clauses

FAR. As of the date of execution of this Agreement, the Property has a .35 FAR (and any increased FAR for the Property above .35 is not a condition to closing). The Property is subject to having a FAR above .35 should the City of Mountain View determine in its discretion that the Property (or its use or occupancy) satisfies certain Transit Zone standards for increased FAR and the City of Mountain View grants the Property a Transit Oriented Development Permit ("TOD Permit"). Purchaser or, if Veritas enters into an assignment with respect to this Agreement pursuant to Section 11.1(a)(2) below, Veritas, acting as the agent of Lessor under the Financing Documents, hereby agrees to exercise diligent and commercially reasonable efforts to cause the City of Mountain View to approve a .50 FAR for the Property. Purchaser's obligation under the immediately preceding sentence shall survive the Closing and shall expire upon the earlier of (x) the date Purchaser obtains final approval of a .50 FAR for the Property, (y) the date the City of Mountain View makes a final decision not to approve a .50 FAR for the Property, or (z) February 18, 2000.
FAR. The right to utilize approximately 214,062 square feet of floor area for the gross building area of improvements to be constructed on the Property (the "FAR"), being the remaining FAR available in the Tower Bridge Project in West Conshohocken (less the amount, if any, by which the FAR purchased by Buyer from Tower Bridge Land Holding Associates I ("TBLHAI") exceeds 81,700 square feet of FAR), subject to the requirement that, if required, Buyer shall join Seller and its affiliates in the execution of any common or consolidated subdivision plan which allocates FAR in the manner provided in this Paragraph 2.5.
FAR. The right to utilize 81,700 square feet of floor area for the gross building area of improvements to be constructed on the Premises (the "FAR"), subject to the requirement that, if required, Buyer shall join Seller and its affiliates in the execution of any common or consolidated subdivision plan which allocates FAR in the manner provided in this Section 1.5. Buyer shall have the right to increase the FAR being constructed on the Premises and included under this Agreement by not more than five percent (5%) by giving Seller written notice thereof before Closing, in which case, the Purchase Price (as defined in Section 2.1 below) will be increased by $32 per gross square foot of FAR being sold to Buyer in excess of 81,700 square feet. Buyer will have the right to purchase such additional FAR within six (6) months after closing by payment of the required amount, and Seller will join in an instrument of record confirming the conveyance of such additional FAR simultaneously with receipt of such payment.
FAR. Effective as of June 9, 1999, FAR agrees to abide by and be bound by the terms of the Amended and Restated Allocation Agreement.
FAR. The FAR for the development of the Subject Property shall be calculated based on the ratio of all developed buildings to the total area of the developable planning areas.
FAR. If the building's available Floor Area Ratio ("FAR") is, diminished by reason of any installations made by Tenant to the Roof/Set-Back Area, Landlord, at its election (to be exercised only if Landlord then requires such FAR rights), shall have the right to have Tenant remove any particular roof installation, at Tenant's cost and expense, that was the cause of such diminution in available FAR; provided that Tenant shall have the right to reasonably contest the issue as to whether such installation diminishes FAR, but if such contest shall not be finally determined within 60 days, Tenant shall remove the installations during the pendency of the contest.
FAR. Seller's and Purchaser's obligations under this paragraph shall survive the Closing. The parties hereto agree that if, on or before February 18, 2000, the City of Mountain View finally approves a .50 FAR for the Property (and the appeal or referendum period, if any, applicable to such decision expires without any appeal, referendum or challenge having been made), then the parties shall promptly instruct Escrow Holder to release the entire FAR Funds (and all interest accrued thereon while in escrow) to Seller. If, on or before February 18, 2000, the City of Mountain View makes a final decision (and the appeal or referendum period, if any, applicable to such decision expires without any appeal, referendum or challenge having been made) that the FAR for the Property will be .45 or less, then the parties shall promptly instruct Escrow Holder to release the entire FAR Funds (and all interest accrued thereon while in escrow) to Purchaser. If, on or before February 18, 2000, the City of Mountain View makes a final decision (and the appeal or referendum period, if any, applicable to such decision expires without any appeal, referendum or challenge having been made) that the FAR for the Property will be greater than .45, then for every one percent (.01) above 45% that is the ultimate FAR for the Property, Seller shall receive Seven Hundred Thousand Dollars ($700,000) (prorated for any

Related to FAR

Contractor Compliance Contractor represents and warrants to pay, at its sole expense, for all applicable permits, licenses, tariffs, tolls and fees to give all notices and comply with all laws, ordinances, rules and regulations of any governmental entity in conjunction with the performance of obligations under the Contract. Prior to award and during the Contract term and any renewals thereof, Contractor must establish to the satisfaction of the Commissioner that it meets or exceeds all requirements of the Bid/Contract and any applicable laws, including but not limited to, permits, insurance coverage, licensing, proof of coverage for worker’s compensation, and shall provide such proof as required by the Commissioner. Failure to do so may constitute grounds for the Commissioner to cancel or suspend this Contract, in whole or in part, or to take any other action deemed necessary by the Commissioner.
Subcontractor compliance The Recipient is responsible for Subrecipient compliance with the requirements of this clause and may be held liable for unpaid wages due Subrecipient workers.
Servicer Shall Provide Information as Reasonably Required The Servicer shall furnish to the Trustee, during the term of this Agreement, such periodic, special, or other reports or information, whether or not provided for herein, as shall be necessary, reasonable, or appropriate in respect to the Trustee, or otherwise in respect to the purposes of this Agreement, all such reports or information to be as provided by and in accordance with such applicable instructions and directions as the Trustee may reasonably require.
Public procurement 1. The Parties consider the liberalization of their respective public procurement markets as an objective of this Agreement.
Lessee Compliance Lessor shall not be required to tender possession of the Premises to Lessee until Lessee complies with its obligation to provide evidence of insurance (Paragraph 8.5). Pending delivery of such evidence, Lessee shall be required to perform all of its obligations under this Lease from and after the Start Date, including the payment of Rent, notwithstanding Lessor's election to withhold possession pending receipt of such evidence of insurance. Further, if Lessee is required to perform any other conditions prior to or concurrent with the Start Date, the Start Date shall occur but Lessor may elect to withhold possession until such conditions are satisfied.
Limited English Proficiency The Grantee must comply with the Department of Justice Guidance pertaining to title VI of the Civil Rights Act of 1964, 42 U.S.C. § 2000d. Grantee must take reasonable steps to provide meaningful access to their program(s) and activities for persons with limited English proficiency (LEP). For information on the civil right responsibilities, see http://www.lep.gov.
Owners Required To Provide Information From the Initial Date and prior to the Restriction Termination Date:
OSHA Compliance To the extent applicable to the services to be performed under this Agreement, Contractor represents and warrants, that all articles and services furnished under this Agreement meet or exceed the safety standards established and promulgated under the Federal Occupational Safety and Health Law (Public Law 91-596) and its regulations in effect or proposed as of the date of this Agreement.
Operational Requirements 13. ACCESS TO THE CONSUMER'S PREMISES
Legal Compliance Contractor represents and warrants that it shall secure all notices and comply with all applicable laws, ordinances, rules and regulations of any governmental entity in conjunction with the performance of obligations under the Contract. Prior to award and during the Contract term and any renewals thereof, Contractor must establish to the satisfaction of the Commissioner that it meets or exceeds all requirements of the Bid and Contract and any applicable laws, including but not limited to, permits, licensing, and shall provide such proof as required by the Commissioner. Failure to comply or failure to provide proof may constitute grounds for the Commissioner to terminate or suspend the Contract, in whole or in part, or to take any other action deemed necessary by the Commissioner. Contractor also agrees to disclose information and provide affirmations and certifications to comply with Sections 139-j and 139-k of the State Finance Law.