Development Completion definition

Development Completion means the moment the required building/ development permit conditions and requirements have been met for the purposes of the development permit application and/ or the final inspection reports have been received (as required for the project).

Development Completion means the earlier of (a) twelve (12) months after substantial completion of all improvements (other than tenant improvements of unoccupied space) related to the development of such Property and (b) such time as Construction-in-Progress achieves an Occupancy Rate of at least eighty percent (80.0%).

Development Completion means substantial completion of the Development, as evidenced by the issuance of a temporary or permanent certificate of occupancy.

Examples of Development Completion in a sentence

• Unicoin shall grant Investors the necessary powers of attorney to enable Investors to perform all necessary actions to fulfill their Development Responsibilities and achieve Development Completion.

• The determination of Development Completion shall be confirmed and certified by a qualified, independent expert mutually agreed upon by Investors and Unicoin (the “Second Expert Certification”).

• Upon achieving Development Completion, as defined in Section 3.1.3. above, Investor shall notify Unicoin.

• They shall respond promptly to any reasonable requests for information or assistance and provide any required documentation or access to records necessary for the continued development and maintenance until Development Completion All development activities must comply with applicable federal, state, and local laws, including obtaining necessary permits, licenses, and approvals.

• Upon achieving Fifty Percent Development Completion, as defined in Section 3.1.2, Investor shall notify Unicoin.

More Definitions of Development Completion

Development Completion means, with respect to a [***] completion of its obligations [***].

Development Completion means that all buildings and structures outlined in the development plan have been fully built in accordance with all applicable laws, codes, and regulations; the Development, including all constructions, buildings, infrastructure, and landscaping, has passed all necessary inspections carried out by relevant authorities or entities, affirming that all construction was done properly and safely; all required certifications or permits, such as a certificate of occupancy, have been issued; all utilities (water, electricity, gas, sewage, etc.) are fully operational; all final inspections have been completed and approved; the Development is fully furnished and equipped as per the development plan, and is ready for immediate occupancy; and all contracts related to the development and construction are finalized, concluded, and closed.

Development Completion means “Completion of Construction” as defined under the Senior Facilities Agreement;

Development Completion has the meaning assigned to such term in the Ground Lease.

Development Completion in relation to the Airport development programme means the completion of the development defined as completion of 300,000m2 of Net Lettable Area (as evidenced through Resource Consents) or otherwise by joint agreement.

Development Completion means in relation to a residential subdivision development, the registration of the title for the Residential Lot.

Development Completion means in respect of each individual Subsequent Lot, the registration of the title for that Subsequent Lot.