Commercial Development Project definition

Commercial Development Project means the development, construction, finance, operation and maintenance of the assets developed on the Reserved Railway Land and commercial air space at Station Development Land;
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Commercial Development Project means the development, construction, finance, operation and maintenance of the assets developed on the Reserved Railway Land and commercial air space, if any, at Railway Station;
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Commercial Development Project means any building
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Examples of Commercial Development Project in a sentence

  • The obligations of the Developer in respect of the Commercial Development Project, the Redevelopment Project and the Station Development Project shall be subject to the satisfaction by Authority of each of the Conditions Precedent, if any, set forth in the SCDA.

  • The Premium to be quoted by the Bidders in their Bid shall be for the construction, operation and maintenance of the Commercial Development Project as permitted under the Development Agreement as per the built-up area of Commercial Development Project presently expected to be developed.

  • In the event, the Developer proposes to build higher / additional built up area in the Commercial Development Project in terms of any revision of FAR/FSI/built up area by any Government Authority or otherwise at any time during the Lease Period, the Developer shall be required to pay additional Premium computed as per in the provisions of the Development Agreement.

  • The Estimated Cost of Station Development Project, Estimated Cost of Redevelopment Project and Estimated Cost of Commercial Development Project has been specified in the finalised DPR.

  • The Selected Bidder will cause the SPC to execute the Development Agreement and the SPC will be permitted to undertake Station Development, Redevelopment Project and Commercial Development Project on identified Reserved Railway land and commercial development of air space available at Station Development Land, and appropriate revenues therefrom subject to terms and conditions of the Development Agreement.

  • The scope of work will broadly include Station Development, Redevelopment Project and Commercial Development Project (including development of air space) and Reserved Railway Land identified by Authority (specified in Detailed Project Report) and the operation, management and maintenance of non Railway Operational Activities thereof, as elaborated in the Development Agreement.

  • The Applicant is expected to submit a robust business proposal that is financially viable and sustainable having the capacity for monetizing the revenue earning potential of the Commercial Development Project and licensable areas of the railway station.

  • The Developer shall undertake and complete the construction of the Commercial Development Project, in accordance with the Project Schedule and the approved Commercial Development Plan, and in any event prior to the Guaranteed Date of completion.

  • Upon completion of construction of the Commercial Development Project and receipt of all Applicable Permits for commercial operation/usage, the Developer shall apply for a Completion Clearance and Completion Certificate, as the case may be, for the Commercial Development Project, in accordance with Article 22 hereof.

  • The obligations of the Developer in respect of the Commercial Development Project, the Redevelopment Project and the Station Development Project shall be subject to the due satisfaction by Authority of each of the Conditions Precedent, if any, set forth in the SCDA Parts A, B and C respectively of Schedule 7 (Conditions Precedent).


More Definitions of Commercial Development Project

Commercial Development Project means development projects which result in the subdivision of land and/or the construction or conversion of structures for the purpose of conducting business, including but not limited to hotels, retail sales, restaurants, offices, gas stations, research and development uses and manufacturing.
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Commercial Development Project means development projects which result in the construction or conversion of structures for the purpose of conducting business, including but not limited to retail sales, restaurants, offices, gas stations, manufacturing, etc.
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Commercial Development Project means an application for a planning permit or building permit that includes the new construction of gross square feet of commercial space or the conversion of a residential use to a commercial use.
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Commercial Development Project or "project" means a project undertaken by an eligible applicant involving one or more of the following:
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Commercial Development Project means any development undertaken pursuant to the regulations for C-0, C-2 and C-3 zones under Chapter 6.04 of the Municipal Code.
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Related to Commercial Development Project

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Redevelopment project means any work or undertaking

  • Development Phase means the period before a vehicle type is type approved.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.