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 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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Commercial Development Project or "project" means a project undertaken by an eligible applicant involving one or more of the following:
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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.

  • Development Project means a project for the development of land within a project area.

  • Redevelopment project means a specific construction project

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

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • 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.

  • Development Area means that area to which a development plan is applicable.

  • Commercial project means any project, including, but not

  • 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;

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Design Development Documents means the Drawings, Specifications and other documents prepared by the Trade Contractor that establish and describe the size and character of the Trade Contractor Work as to architectural, civil, structural, mechanical and electrical systems, graphics and signage, and other elements, and which include typical construction details, equipment layouts and specifications that identify major materials and systems.

  • Commercial driver s license" means:

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • 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 Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Development Program means the implementation of the development plan.

  • 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.

  • Development District means Municipal Development District No. 4 in the City, which is described in the corresponding Development Program.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).