Aggregate Development Costs definition

Aggregate Development Costs means the total of the Property Development Costs and the aggregate contract value relating to any acquisition of uncompleted units in a building by the Trust, which shall be subject to the Property Development Cap;” 2. Sub-clause (a) of the definition of “Authorised Investments” under clause 1.1 of the Trust Deed be amended as follows:
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Aggregate Development Costs means the total of the Property Development Costs and
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Aggregate Development Costs means the total of:
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Examples of Aggregate Development Costs in a sentence

  • F.8.(b) General Threshold Requirement The Manager proposes to insert a new Clause 12.3.8 into the Trust Deed to provide that: (a) the value of the Relevant Investments shall not exceed 10% of the gross asset value of Link at any time; and (b) the combined value of the Relevant Investments together with other non-real estate assets of Link, when aggregated with the Aggregate Development Costs of Link, shall not exceed 25% of the gross asset value of Link at any time.

  • The Aggregate Development Costs shall not exceed the 10% GAV Cap at any time.

  • The total sum of: (1) the Aggregate Development Costs, (2) the combined value of the Relevant Investments and (3) other non-real estate assets shall not exceed 25% of Regal REIT’s Gross Asset Value of the Deposited Property at any time.

  • The Manager also proposes to insert a new Clause 10.3.3(viii) into the Trust Deed to provide that the combined value of the Relevant Investments, together with other non-real estate assets of Fortune REIT when aggregated with the Aggregate Development Costs of Fortune REIT, shall not exceed 25% of the gross asset value of Fortune REIT at any time.

  • The Aggregate Development Costs shall not exceed 10% of Regal REIT’s Gross Asset Value of the Deposited Property (which, for the purpose of calculating the denominator to be used for the purpose of the GAV Cap, shall exclude the value of any investments in properties under development (which for the avoidance of doubt, shall not include the value of existing properties undergoing redevelopment)) at any time.

  • This is also consistent with the Trust Deed taking a holistic view regarding the costs of Property Development and Related Activities (for example, the GAV Cap is based on the Aggregate Development Costs, which is inclusive of the Costs upon Acquisition and other Property Development Costs).

  • The total aggregate sum of the combined value of (a) all Relevant Investments; (b) the Aggregate Development Costs; (c) all Minority-owned Properties other than Qualified Minority-owned Properties; and (d) other ancillary investments of Yuexiu REIT, shall not exceed 25% of the gross asset value of Yuexiu REIT at any time.

  • The total sum of: (1) the Aggregate Development Costs, (2) the combined value of the Relevant Investments and (3) other non-real estate assets shall not exceed 25% of the gross asset value of the REIT at any time.

  • The Aggregate Development Costs shall not exceed the Property Development Cap at any time.

  • The Manager proposes to seek Unitholders’ approval to expand The Link REIT’s investment strategy so that The Link REIT shall have the flexibility to undertake Property Development and Related Activities in respect of all types of developments that contain retail and/or commercial portions, provided that the Aggregate Development Costs of such activities shall not exceed the GAV Cap (being 10% of the Gross Asset Value of the Deposited Property).


More Definitions of Aggregate Development Costs

Aggregate Development Costs. ’ means the total of the Property Development Costs and the aggregate contract value relating to any acquisition of uncompleted units in a building by the Trust;
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Aggregate Development Costs means the aggregate Property Development Costs of all subsisting Property Development and Related Activities, together with the aggregate contract value of the uncompleted units of real estate acquired by the Trust (for this purpose, investment in Property Development and Related Activities shall not include refurbishment, retrofitting and renovations);”
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Related to Aggregate Development Costs

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Direct Costs means the sum of the following:

  • Operation and Maintenance Costs means the costs of:

  • FTE Costs means the product of (a) the number of FTEs (proportionately, on a per-FTE basis) used by a Party or its Affiliates in directly performing activities assigned to such Party under and in accordance with the Global Development Plan, Commercialization Plan or Medical Affairs Plan, as applicable, and (b) the FTE Rate.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • FTE means full-time equated.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.