Commercial Complex definition

Commercial Complex means two or more Commercial Uses on a single Lot or adjacent Lots which are dependent upon each other to meet minimum standards for parking, vehicular circulation, or Landscaping or which are approved as elements in an overall Site Plan under a Conditional Use or Subdivision application.

Commercial Complex means a building or buildings on a property or adjoining properties, under one ownership or under the ownership of a condominium corporation, containing one or more commercial businesses and which may include, in addition, residential uses.

Commercial Complex means all Project Facilities, other than Convention Centre & associated infrastructure, as planned and developed on the Site.

Examples of Commercial Complex in a sentence

• Notwithstanding anything to the contrary contained in this Agreement, the Concessionaire shall not sub-licence, assign or in any manner create an Encumbrance on any Project Asset forming part of Commercial Complex without prior written approval of the Authority, which approval the Authority may, in its discretion, deny if such sub-licence, assignment or Encumbrance has or may have a material adverse effect on the rights and obligations of the Authority under this Agreement or Applicable Laws.

• The concessionaire shall appoint Reputed Engineering & Design consultant at its own expense for preparation of Architectural, Structural Design and Drawings for the Multi level Parking and Commercial Complex including foundations, substructure, superstructure, miscellaneous items, MEP systems, Parking management systems, temporary works such as approach roads, staging, centering, shuttering etc.

• The Concessionaire shall obtain at its cost such facilities on or outside the Site as may be required by it for the purposes of the proposed Multi Level Car Parking cum Commercial Complex Project at Kangla Pat, Imphal and the performance of its obligations under this Agreement.

• The Completion Certificate or Provisional Certificate, as the case may be, shall be issued for Commercial Complex separately by the Authority.

• The Concessionaire shall construct the Multi Level Car Parking and Commercial Complex in accordance with the Project Completion Schedule as agreed upon mutually at the time of signingof Concession Agreement, subject to the condition that the Multi Level Car Parking and Commercial Complex construction shall be complete within a time period of 36 months (including monsoon) from such a date.

More Definitions of Commercial Complex

Commercial Complex means any proposed or existing non-residential development in which one or more businesses are conducted of the type falling within Standard Industrial Classifications 501 through 999 as set forth in the current edition of the Standard Industrial Classification Manual prepared by the Office of Management and Budget of the Executive Office of the President of the United States.

Commercial Complex means the entire Commercial space developed in the area including the buildings, MEP systems, all common areas as per NBC 2016 guidelines and external areas of the Project, except the MLCP

Commercial Complex means two or more commercial uses, whether on one lot under one ownership or on several adjacent lots under separate ownership, which are dependent on one another to meet minimum standards for parking, vehicular circulation, or landscaping; or which are approved as elements in an overall site plan under a conditional use or subdivision application.

Commercial Complex means the commercial complex area to be constructed, operated and maintained by the Concessionaire, having covered built up area as per the detailed design approved by the Authority;

Commercial Complex means the commercial establishments within a part or units of housing complex or any exclusive commercial complex or shopping mall constructed or developed by any person including promoter or developer or any co-operative society in a vacant land or by demolishing any premises.

Commercial Complex means, the commercial building proposed for a plot area having more than 300 Sq.mts and above 10 Mtrs height.

Commercial Complex means any development such as a shopping center, office park or industrial park, which consists of two or more establishments on a single platted lot, or which is designed, developed and managed as a unit.