Greenfield development on Property Sample Clauses

Greenfield development on Property. 2 At any time during the Term, Lumileds may wish to develop the greenfield land (“Greenfield Land”) for the purpose of expansion. The parties agree that the Greenfield Land shall be developed based on built-to-suit basis to meet the requirements of Lumileds’s usage of the building(s) to be constructed in respect of the Greenfield Land (“Greenfield Development”) and the parties shall negotiate in good faith on the terms and conditions which are to be mutually agreed upon in relation to the Greenfield Development. In such event, Lumileds shall notify the Trustee of its intention to develop the Greenfield Land and Trustee shall have the option to undertake the Greenfield Development whether solely or jointly with Lumileds at Lumileds’ own costs and expenses. The Trustee shall at all times consult with Lumileds on all decisions and matters pertaining to the Greenfield Development. Upon completion of the construction of building(s) in respect of the Greenfield Development (“Greenfield Building(s)”):-
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Related to Greenfield development on Property

  • PHASED DEVELOPMENT 15.1 The Seller reserves to itself, and to its successors in title as Developer, all such rights as are provided for in section 25 of the STA, to erect and complete a phased development on the Land from time to time, but no later than 15 (fifteen) years from the date of opening of the Sectional Title Register, for its personal account.

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

  • Faculty Development Faculty who develop and/or teach Distance Education courses shall be provided with reasonable technical support and opportunities for Faculty development, consistent with the needs of the Faculty and availability of Board resources and services for that purpose. In the event that a Faculty member develops and/or teaches a Distance Education course for the first time, the Faculty member shall receive reasonable and appropriate professional development and technical support assistance, consistent with the needs of the Faculty and availability of Board resources and services for that purpose. In instances of succeeding assignments to teach Distance Education courses, the Faculty member is expected to demonstrate a level of technical competence sufficient to teach the course. Ongoing technical support assistance may be available to Faculty who teach succeeding offerings of the same course.

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Economic Development 1. The Parties aim to promote balanced economic growth, poverty reduction and the reduction of social-economic disparities.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Sustainable Development 4.1 The Authority will review the Contractor’s Sustainable Development Policy Statement and Sustainable Development Plan submitted by the Contractor in accordance with the Schedule (Sustainable Development Requirements) and then at least annually thereafter.

  • Commencement of Development 7.3.1 In the event that development on the Lands has not commenced within four (4) years from the date of registration of this Agreement at the Registry of Deeds or Land Registry Office, as indicated herein, the Agreement shall have no further force or effect and henceforth the development of the Lands shall conform with the provisions of the Land Use By-law.

  • Development Area 10.4. The Development Area shall encompass all Deposits to be produced.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement.

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