Development Limitations. The Loan Parties shall not:
(i) Permit as of the end of any fiscal quarter of Company the number of housing units in multi-family projects of Guarantors and other Consolidated Subsidiaries on which construction has commenced (whether under construction or completed) and which are not subject to an Agreement of Sale to exceed in the aggregate the product of 24 multiplied by each separate multi-family project then under development by one of Guarantors or another Consolidated Subsidiary (excluding units which had been but are no longer subject to an Agreement of Sale solely because of a breach by the purchaser thereunder). For purposes of this Section 8.01(n), (A) the construction of a unit through the completion of the foundation will not be considered the commencement of construction of a unit, (B) two or more projects with substantially similar product type and price will be considered separate projects if marketed as separate projects and are not located adjacent to each other, and (C) substantially dissimilar product types even within the same subdivision or community will be considered separate projects.
(ii) Permit as of the end of any fiscal quarter of Company the number of housing units in each separate single family community of Guarantors and other Consolidated Subsidiaries then under development on which construction has commenced (whether under construction or completed) and which are not subject to an Agreement of Sale (excluding units which had been but are no longer subject to an Agreement of Sale solely because of a breach by the purchaser thereunder) to exceed the sum of (A) six (6) plus (B) an additional number of units in that community certified by the Company to have been constructed as additional models, but in no event shall the number of such additional units exceed four (4) in any community nor shall the sum of all additional models exceed in the aggregate one for every community under development. The Guarantors may develop communities which contain single family housing units under construction which are not subject to any Agreement of Sale in excess of the amounts permitted above if construction of such units was commenced before the applicable Guarantor acquired the real estate comprising such community, subject to the following limitations:
(1) the total number of such communities may not exceed five (5) at any one time;
(2) the total number of acquired units which are not subject to an Agreement of Sale in any such community m...
Development Limitations. 92 (o) Senior Leverage . . . . . . . . . . . . . .95 (p)
Development Limitations. In the course of the Development Program, Institute
Development Limitations. SGEN may not conduct or have conducted on its behalf, or enable any Third Party to conduct, [***]. GNE may conduct or have conducted on its behalf, or enable any Third Party to conduct, any clinical activities in support of Regulatory Approval of a Licensed Product in the U.S. as approved under a Development Plan or by the JDC.
Development Limitations. The permissible uses on the Subject Properties are those permitted in the County Code. The Project shall be developed as a planned unit development (PUD) pursuant to the County Code.1 The Project will contain a mix of housing types and commercial/retail uses. The development requirements of the Project, such as setbacks, lot area, building height, green area, lighting, and parking, will be subject to the provisions and limitations set forth in the County Code and other applicable provisions of Chapter 19 (Zoning) of the County Code. The Subject Properties shall be developed in accordance with a PUD Phase II Plan that will be substantially similar to the Phase I Concept Plan and, to the extent applicable, the Revised Phase II Plan, and other Development Approvals that are required pursuant to the County Code, which Development Approvals shall be based 1 The County Code was amended in 2010 such that the PUD provisions were repealed and a new section, Planned Development Residential (“PDR”) was established. The County Code was further amended in 2011 to restore the PUD replacing all references to “PDR” with “PUD”. These changes are now reflected in Division 5 of Chapter 1-19 (Section 1-19-10.500, et seq.) of the County Code. The BOCC and the Developer agree and hereby acknowledge that those sections of the PUD having a valid Phase II PUD approval prior to the date of this Agreement shall be developed under the applicable PUD statutory requirements and development standards in place at the time of the Development Approvals, a copy of which is attached hereto as EXHIBIT 4, unless Developer and the County’s Division of Community Development Planning and Zoning staff mutually agree that current PUD regulations set forth in Section 1-19-10.500, et seq. of the County Code shall apply. Those portions of the PUD that were downzoned and subsequently rezoned in 2012 shall be developed under the revised PUD standards reflected in Section 1-19-10.500, et seq. of the County Code. upon the terms and conditions of this Agreement. Setbacks, building heights and other development standards shall be as established by the Development Approvals and applicable sections of the County Code.
A. Total density of residential development on the undeveloped portions of the Subject Properties shall not exceed, collectively, 3,235 residential dwelling units. Existing recorded lots on the Subject Properties shall be in addition to the 3,325 proposed dwelling units. Individual sections of t...
Development Limitations. Except for any trials conducted pursuant to the NCI Agreement or the independent investigator referenced in Section 7.3(d), neither Party may conduct or have conducted on its behalf, or enable any Third Party to conduct, any clinical activities for Target Product not approved under the Development Plan or by the JDC. Notwithstanding the preceding, (a) the Steering Committee shall have the right to decide to allow permission for any other Third Party clinical investigator to conduct proof of concept clinical trials for Target Product not called for under the Development Plan, including for additional indications for Target Product not under the Development Plan, (b) Roche shall have the right to, for a given country, conduct or have conducted on its behalf post Regulatory Approval clinical studies for a Target Product for an indication that was the subject of Regulatory Approval in such country, provided such studies are other than to obtain, expand and/or maintain Regulatory Approval of such indication in such country for the Target Product, and (c) Stressgen shall have the right to conduct or have conducted Other Stressgen Development Activities.
Development Limitations. The Loan Parties shall not: (i) Permit as of the end of any fiscal quarter of Company the number of housing units in multi-family projects of Guarantors and other Consolidated Subsidiaries on which construction has commenced (whether under construction or completed) and which are not subject to an Agreement of Sale to exceed in the aggregate the product of 24 multiplied by each separate multi-family project then under development by one of Guarantors or another Consolidated Subsidiary (excluding units which had been but are no longer subject to an Agreement of Sale solely because of a breach by the purchaser thereunder). For purposes of this Section 8.01(n), (A) the construction of a unit through the completion of the foundation will not be considered the commencement of construction of a unit, (B) two or more projects with substantially similar product type and price will be considered separate projects if marketed as separate projects and are not located adjacent to each other, and (C) substantially dissimilar product types even within the same subdivision or community will be considered separate projects.
Development Limitations. The permissible uses on the Property for the All Age PUD are those permitted in the County Code in effect as of the date of this DRRA. The Property shall be developed in accordance with, and subject to the conditions and requirements of amended Development Approvals that are required pursuant to County Code, which Development Approvals shall be based upon the terms and conditions of this Agreement. Total density of residential development on the Property shall not exceed, collectively, 855 dwelling units. A maximum of 445 single-family (attached and detached units) and 210 multi-family or condominium units may be constructed within the areas identified as Land Bays A, B, C, E, F, and G on the Phase 1 Concept Plan. In accordance with the terms of the Phase I approval for the All Age PUD, the area identified as Land Bay D on the Phase 1 Concept Plan may be developed, at Owner’s discretion, either as a 200-unit Continuing Care Retirement Community (“CCRC”) or as a maximum of 200 age-restricted dwelling units. The mix of unit types within the All Age PUD shall be at Owner’s discretion, subject to County approval and meeting all other County requirements, including, but not limited to, those set forth in the Adequate Public Facilities Ordinance.” The remaining language of Section 3.3B (Development Limitations) remains unmodified and in full force and effect.
Development Limitations. Approval to initiate mass site grading is only valid for the work covered by this Agreement and within the construction limits identified in the Site Grading, Drainage, and Erosion Control Plans dated February 24, 2021, attached hereto as Exhibit C (the “Grading Plans”). The City may refuse to approve New Final Plat of the current phase, or of subsequent phases, if the Developer has breached any of its obligations under this Agreement and the breach has not been remedied to the reasonable satisfaction of the City. Absolutely no further infrastructure construction, including installation of utilities or streets, shall take place unless and until New Final Plat approval is granted by the City and all conditions of Preliminary Plat and New Final Plat approval satisfied, including but not limited to the execution, delivery and recording of the Development Agreement and Stormwater BMP Maintenance Agreement, recording of the Utility Abandonment Agreement, submission of all required sureties, final approval of all infrastructure construction plans by the Public Works Department.
Development Limitations a. Master Lessor and Master Lessee agree that Article 2 of the Master Lease shall be replaced and amended with the following language, reducing the 75,000 square feet available for buildings and improvements on the Master Premises to reflect the 31,493 square feet for buildings and improvements that is to be associated with the Sublease Premises:
