Status of Development Property Sample Clauses

Status of Development Property. The Authority intends to enter into a purchase agreement to sell the Development Property to the Homes Within Reach Land Trust once the City Council approves the site plan.
Sample 1
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Status of Development Property. As of the date of this Agreement, the Developer owns the Development Property. The City and the County shall have no obligation to acquire the Development Property or any portion thereof.
Sample 1
Status of Development Property. The Development Property consists of the parcel legally described in Schedule A hereof. As of the date of this Development Agreement, the Developer is under contract to acquire the Development Property. The Developer acknowledges that the Authority has no obligation to acquire any of the Development Property.
Sample 1
Status of Development Property. Subject to the satisfaction of the terms and conditions of this Agreement, the City agrees to sell the Development Property to the Developer and the Developer agrees to purchase the Development Property from the City in “as- is” condition through the execution and delivery of the Deed containing a right of reversion as provided under Section 9.3 of this Agreement and conveying marketable title to the Property, subject to:
Sample 1
Status of Development Property. (a) The Development Property consists of Lots 4, 5 and 6, Block 1 in The Crossing of Northfield, as described in Schedule A. Of that Development Property, the City owns the Remnant Lot (which is a portion of Lot 6) and the Additional City Lot (which is a portion of Lots 4, 5 and 6); all of which are described in Schedule A and are referred to together as the “City Parcels.” Northfield Lots, LLC (“Northfield Lots”), an entity related to the Bank, owns the remainder of the Development Property, described in Schedule A and referred to as the “Bank Parcels.” Developer has entered into a purchase agreement with Northfield Lots to acquire the Bank Parcels.
Sample 1

Related to Status of Development Property

  • Completion of Development Upon the completion of the whole development or complete phases of the development, Council may review this Agreement, in whole or in part, and may:

  • 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.

  • Construction Development of the Project The Allottee has seen the proposed layout plan/demarcation-cum-zoning/sanctioned plans, / site plan / building plan, specifications, amenities and facilities, etc. depicted in the advertisement / brochure / agreement / website (as the case may be) regarding the Project where the Said Independent Floor for residential usage along with parking is located and has accepted the floor / site plan, Payment Plan and the specifications, amenities, facilities, etc. [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the bye-laws such as Haryana Building Code, 2017, FAR, density norms, provisions prescribed, approved plans, terms and condition of the license/ allotment as well as registration of RERA, etc. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the provisions and norms prescribed by the relevant State laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act and Rules made thereunder or as per approvals/instructions/ guidelines of the competent authorities, and any breach of this term by the Promoter shall constitute a material breach of the Agreement.

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

  • Design Development Documents See Section 2, Part 1, Article 2.1.5.

  • 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.

  • 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.

  • 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.

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