Orange County NC Website
27 <br /> of the last Approval necessary to construct the Gas Conversion System and the Pipeline, the <br /> Flare Percentage shall be adjusted to equal ten and ninety-five one-hundredths percent(10.95%) <br /> for the purpose of calculating any Flare Payment under this Agreement and shall remain at such <br /> percentage until the occurrence of the Engine Start-up Date or five(5)years after the date of the <br /> issuance of the last Approval necessary to construct the Gas Conversio' ystem and the Pipeline, <br /> whichever occurs sooner. If the Engine Start-up Date does not within five (5) years after <br /> the date of the issuance of the last Approval necessary to • «' t E • Conversion System <br /> and the Pipeline, the Flare Percentage shall be adjusted to equal sixteen -tenths percent <br /> (16.6%) for the purpose of calculating any Flare Payment under this Agreement 1 • remain <br /> at such percentage until the occurrence of the Engine Start-up Date. Commencing thirty (30) <br /> days after the Effective Date of this A E.i t, the University shall hold monthly progress <br /> meetings to discuss progress toward achie E! these ;.F tion dates inch'ding the status of the <br /> construction of the components of the LFG P i ' t. The ersity shall invite representatives <br /> of the County to attend such progress meetings th University shall provide the County with <br /> reasonable adv. i,,.e written notice of the location and time of such meetings. The University <br /> shall di ute mee• F. '.I utes to the County following such progress meetings regardless of <br /> the o • .ttendance at meetings. <br /> ARTICLE IV <br /> REPRESENTATIONS OF THE PARTIES <br /> A. The U:i ersitv's Representations <br /> 83. The University represents and warrants that, in entering into this Agreement, it <br /> has relied upon its own estimates of Landfill Gas volumes, based upon publicly available waste <br /> disposal.records and standard modeling assumptions and projections. The University further <br /> represents that it has not relied upon Landfill Gas generation reports, drawings, and an'lysis <br /> 22 <br /> {00018638.DOC 21) <br />