Minimum Development Obligations Sample Clauses

Minimum Development Obligations. The Concessionaire shall be required to develop the project site into a 3 star or above category hotel, commercial, pertinent facilities and infrastructure. The Concessionaire shall undertake development of following facilities in addition to the existing facilities with flexibility to modify the existing facilities as well (including retrofitting, if required, without effecting any structural changes to the heritage structure), to optimise operational efficiency and quality of the project. The specifications in terms of sizes and service quality shall strictly be in accordance with MoT Guidelines for relevant category / classification and / or any other local guidelines as applicable including relevant architectural standards.
AutoNDA by SimpleDocs
Minimum Development Obligations. The lessee shall have the following Minimum Development Obligations –
Minimum Development Obligations. 6.2.1 The Developer shall be obliged to complete the construction of the Minimum Development Obligations in accordance with this Agreement, including without limitation, the Technical Specifications, Approved Drawings and Plan, and Applicable Permits, within 8 (eight) years from Commercial Operations Date of the Minimum Facilities (“Scheduled Construction Period-MDO”).
Minimum Development Obligations. 2.2.1 The Developer shall meet the following minimum development obligations (the “Minimum Development Obligations”) while designing, renovating, developing, augmenting the Property:
Minimum Development Obligations. The development milestone has been made in a way to ensure completion of development of Social and Cultural Community Centre within Three years of date of issue of NoA.
Minimum Development Obligations. The Concessionaire shall undertake construction of atleast 4,66,833 sq.ft. of built-up area (the “Minimum Development Obligations”). The construction works shall commence from the Appointed Date and shall be completed in accordance with the Project Completion Schedule as set forth in Schedule F.
Minimum Development Obligations 
AutoNDA by SimpleDocs

Related to Minimum Development Obligations

  • PROCUREMENT OBLIGATIONS Notwithstanding any other provisions of this Part B, where in this Part B the Customer accepts an obligation to procure that a Former Supplier does or does not do something, such obligation shall be limited so that it extends only to the extent that the Customer's contract with the Former Supplier contains a contractual right in that regard which the Customer may enforce, or otherwise so that it requires only that the Customer must use reasonable endeavours to procure that the Former Supplier does or does not act accordingly.

  • Client Obligations The Client shall:

  • Independent Obligations The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Capital Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 4.3 hereof.

  • Recipient Obligations 2.1 The Recipient agrees to support the Project in accordance with this Agreement.

  • Specific Obligations The HSP:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!