Development Land the whole or any part or parts of the Property with the benefit of a Relevant Planning Permission.
Development Land the whole or such part or parts of the Property in respect of which Planning Permission is granted during the Overage Period.
Development Land. (a) Xxxxxx has not carried out any development within the meaning of Section 639 TCA or otherwise entered into any transaction as a result of which it could be assessed to tax under Chapter 1of Part 22 TCA (dealing in or developing land).
Development Land. Mount Snow shall have the right, prior to November 9, 2015, to request Lender to release the lien of the Mount Snow Security Documents as to certain proposed developable land (such proposed property “Development Land”), which Development Land is part of a larger parcel or parcels of land and is presently encumbered by the Mount Snow Security Documents (the totality of such property, the “Mount Snow Ski Resort”).
Development Land. If the Closing for the Union Project does not occur prior to December 31, 2025, then Parties agree that within sixty (60) days thereafter, the City Bodies shall purchase (unless the Parties agree otherwise) the Development Land from Developer for the Development Land Price as calculated pursuant to Exhibit H (including, without limitation, the cap of $5,900,000.00, the “Development Land Price") and pursuant to the terms included in. Exhibit I (the “Development Land Closing Terms”). However, upon Closing on the Union Project, the City Bodies’ right and/or obligation to purchase the Development land shall automatically and without further action of the Parties terminate.
