Development Party definition

Development Party means an architect, contractor, construction manager, subcontractor, developer, declarant, engineer, or private inspector performing or furnishing the design, supervision, inspection, construction, coordination, or observation of the construction of any improvement to real property that is part of a common interest community, or any of the person's affiliates, officers, directors, shareholders, members, or employees.
Development Party means the Contractor and any Design Party, in each case appointed by the Applicant
Development Party means an architect, contractor, construction manager, subcontractor, developer, declarant, engineer, or private inspector performing or furnishing the design, supervision, inspection, construction, coordination, or observation of the construction of any improvement to real property that is

Examples of Development Party in a sentence

  • The Development Party desiring an expert determination shall give the other Development Party written notice of the request for such determination.

  • Subject to the preceding sentence, each Development Party, on behalf of itself and each of its Affiliates, waive any right to recover punitive, special, exemplary and consequential damages, including damages for lost profits, arising in connection with or with respect to this Agreement, the Associated Agreements or the transactions contemplated hereby and thereby.

  • All communications between any Development Party and the expert shall be conducted in writing, with copies sent simultaneously to the other Development Party in the same manner, or at a meeting to which all Development Parties have been invited and of which such Development Parties have been provided at least five (5) Business Days notice.

  • All of the foregoing components of the Project shall be reflected in a Phasing Plan jointly submitted by the Developer Parties and Development Plans submitted by respective Development Party, to be approved by NTIFA in accordance with the terms set forth in Section 2.02 of this Agreement.

  • Following receipt of Joint Development Operator’s proposed Annual Work Program and Budget, each Development Party shall furnish to Joint Development Operator and the other Development Parties any comments, suggestions or proposed amendments it may have respecting the proposed Annual Work Program and Budget as soon as may be reasonably practicable, and Joint Development Operator shall consider and discuss such comments, suggestions and proposed amendments with the Operating Committee.


More Definitions of Development Party

Development Party and “Development Parties” have the meanings set forth in the Preamble, and following any Transfer in accordance with this Agreement, the successor or assign of such Transferring Party.
Development Party means the Contractor and any Design Party, in each case
Development Party means and refer to Declarant or any director, officer, partner, employee, subcontractor or agent of Declarant.
Development Party has the meaning given to it in the Joint Development Agreement.
Development Party means an architect,
Development Party means, with respect to any given Jointly-Funded Product, any Party who shall, in accordance with the terms of this Agreement, be charged with performing any Development and Registration Activities relating thereto;
Development Party means a partnership, corporation, or a limited liability company in which the Borrower has no ownership interest but to which the Borrower has made a Development Party Loan. A Development Party must be engaged only in the development or ownership of hotels or motels or the operation of such hotels or motels. An entity may be a "Development Party" even though the Borrower has a security interest in some or all of the ownership interests in such Development Party. A Development Party remains qualified as such even though the Borrower has acquired ownership of some or all of the ownership interests in such Development Party through foreclosure of such security interests or other remedial measures with respect to such security interests.