Development Manager. “Development Manager” shall mean HILP or any other Person retained in accordance with the terms of this Agreement to manage the development of the Project.
Development Manager. From and after the Closing Date through the end of the “Term,” as such term is defined in the Development Management Agreement, Borrower shall cause Mortgage Borrower to provide competent and responsible development management for the Project by a Qualified Development Manager pursuant to the Development Management Agreement, in each case satisfying the criteria set forth herein. Unless waived by Administrative Agent in writing, which waiver may be withheld in Administrative Agent’s sole discretion, Development Manager shall be a Qualified Development Manager. Without Administrative Agent’s prior written consent (which consent Administrative Agent shall not unreasonably withhold, condition or delay) both as to the form of the Development Management Agreement and the identity of the Development Manager, Borrower shall not cause or permit Mortgage Borrower to enter into, modify or amend the Development Management Agreement, or consent to any change in control or identity of the Development Manager (to the extent such change in control or identity requires Mortgage Borrower’s consent under the terms of the Development Management Agreement), or otherwise retain the services of any company to provide development management services for the Project.
(a) Without limitation of the foregoing, and except to the extent provided to the contrary in any Development Management Agreement approved by Administrative Agent, the Development Management Agreement (or the Assignment of Development Management executed and delivered by the Development Manager to Administrative Agent) shall provide (x) for a development management fee that shall not exceed the prevailing amount for compensation for development management of comparable properties in the market where the Property is located, and (y) that the Development Management Agreement shall be terminable at Mortgage Borrower’s option without penalty or premium (A) if an Event of Default shall occur, (B) if a change in control of Development Manager occurs in violation of the terms of the Development Management Agreement, (C) subject to any applicable notice and cure periods, if Development Manager breaches any of its obligations under the Development Management Agreement, (D) subject to any applicable notice and cure periods, upon the gross negligence, malfeasance or willful misconduct of Development Manager or (E) if Development Manager shall become bankrupt or insolvent (each, a “Development Manager Replacement Event”). If an...
Development Manager. The Executive Committee shall either appoint or hire a manager of the development team who shall report to the Executive Committee. Such manager shall be referred to herein as the “Development Manager.” The term “Development Manager” is separate and distinct from the term “Developer” as defined in Section 1.1A and used in this Agreement. The Development Manager need not be a Developer.
Development Manager. The Participant who is responsible, in accordance with the terms of this Agreement, for carrying out Development Work. The Development Manager shall be a Participant. Reference to the "Development Manager" excludes any reference to such Participant in any other capacity. Development Work. The term Development Work shall have the meaning ascribed thereto in Section 5.1.1 hereof. Development Work shall include Joint Development Work. Disclosing Party. The term Disclosing Party shall have the meaning ascribed thereto in Section 9.3
Development Manager. Each party will assign a development manager to oversee product definition and release scheduling. This team will be responsible for creating the requirements and reaching agreement for the new/changed content of each release. This team will recommend changes potentially to both BLS/Developer Studio and WAS-AE. The intent is to ensure that neither product introduces any enhancements that regress the functionality of the other or introduce any migration compatibility problems for IBM or Vision's respective customers. In addition, meetings will be held as needed with the product groups to discuss any new initiatives that IBM or Vision may want to integrate into a future release.
Development Manager. For Strathclyde Partnership for Transport
Development Manager. Seller represents and warrants that (i) it is the Development Manager of the Property by virtue of that certain Amended and Restated Development Management Agreement (the “Development Management Agreement”) dated December 17, 2010 among the State, Cherokee, and Seller and (ii) it has authority to execute this Contract on behalf of the State and Cherokee pursuant to the Development Management Agreement.
Development Manager. Unless provided otherwise by any applicable member control agreement or by a resolution adopted by the Board of Governors, the Development Manager shall have general responsibility for development of the Company's real estate development project, including but not limited to land planning, surveying, platting, completion of a development agreement with the City of Sauk Center, oversight of completion of improvements to the property and development of installation of project signage.
Development Manager. Recital C Divisible Portion of the Building Premises . Section 26.1
Development Manager. Development Manager shall manage the routine, day-to-day affairs of the Company and shall have the commensurate authority take all actions and make all expenditures with regard thereto, but only to the extent such specific action or expenditure is not a Major Decision, and is in accordance with the Business Plan.
