Development Premium definition

Development Premium means the total amount payable by the Developer to NRANVP that is Rs. -----------------------------
Development Premium means the price quoted/paid by Co-Developer for obtaining the Lease of the Project Site and rights of the development of the project as per this RFP document
Development Premium means the total amount payable by the Developer to NRDA that is Rs. ---------- ------------------- (Rupees only) being the consideration payable by the Developer for receiving the License (Development rights) on the Project Land in strict adherence with the terms hereof. NRDA received an amount of Rs. ------------------------- (Rupees ----------------- only) by way of ----- Bank Draft dated for Rs. /- (Rupees ----------------only) issued by -----------Bank---------------- being % ( Percent) of the accepted Development premium and the cost of assets on the land if any less the amount of EMD, (If the EMD has been deposited in the form of Bank Draft) or ___% ( _ Percent) of the accepted Development premium if the EMD has been deposited in the form of Bank Guaranty in favour of CEO and payable at Raipur/ Naya Raipur and tax as applicable, if any, before signing of this agreement. The Developer shall pay the balance and outstanding development right premium in accordance with the timelines specified in Schedule IV. Under no circumstance except provided in this Agreement, the accepted shall be altered and this is essence of this Agreement. The Payment Schedule is as per Schedule IV of this Agreement.

Examples of Development Premium in a sentence

  • However, threats on the part of the Government and their bodies to bring criminal or disciplinary proceedings against an applicant for an alleged breach of their procedural obligations before the Court could raise a problem under Article 34 in fine of the Convention, which prohibits any interference with the effective exercise of the right of individual application (Mirolubovs and Others v.

  • The Development Premium has been quoted by me/us after taking into consideration all the terms and conditions stated in the NIT and the draft Agreement.

  • The Development Premium of land will proportionately vary due to such variations.

  • Tender of rate less than the Upset Development Premium rate shall be summarily rejected.

  • After the issuance of the NoA, the Developer as a pre-condition to the execution of this Agreement made the payment of 20% of the approved Development Premium, amounting to Rs (Rupees only) vide Demand Draft No dated drawn in favour of NRANVP from, payable at Raipur/ Nava Raipur Atal Nagar, Chhattisgarh.

  • The Co-developer shall quote Development Premium as per the Price Bid format provided in Annexure 9A of the Section 4 of the RFP documents and the bidder with Highest Development Premium will be considered as the Preferred Bidder.

  • Approval for the commencement of construction of the phase shall only be provided by NRANVP after the part of Development Premium of that phase is received.

  • Payment of Project Development Fees and Development Premium shall be a pre-condition for the same as stipulated above in Clause 9.4.The Co-Developer shall be given 30 days time to sign the Co-developer Agreement, failing which the Bid Security shall be forfeited.

  • The entire Development Premium shall be paid by Co-developer within 6 months from issue of LoI as a pre-condition to signing the Co-developer Agreement.

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More Definitions of Development Premium

Development Premium means the total amount payable by the Licensee to NRANVP that is INR (Rupees only) being the consideration payable by the Licensee for the Project Land on License in strict adherence with the terms hereof.
Development Premium means an amount of Rs per square meter of Project Site [as per Bidder’s quote] and shall be paid in accordance with Article 16.
Development Premium means the total amount payable by the Developer to NRANVP that is Rs. _ (Rupees _ only) being the consideration payable by the Developer for receiving the License (Development rights) on the Project Land in strict adherence with the terms hereof. NRANVP received an amount of Rs. (Rupees _ only) by way of _ Bank Draft dated _ for Rs. _/- (Rupees _only) issued by _ Bank being % ( Percent) of the accepted Development Premium and the cost of assets on the land if any less the amount of EMD, (If the EMD has been deposited in the form of Bank Draft) or 25% (Twenty Five Percent) of the accepted Development Premium if the EMD has been deposited in the form of Bank Guaranty in favour of CEO and payable at Raipur/ Naya Raipur and tax as applicable if any, before signing of this agreement The Developer shall pay the balance and outstanding development right premium in accordance with the timelines specified in Schedule IV. Under no circumstance except provided in this Agreement, the accepted shall be altered and this is essence of this Agreement.
Development Premium has the meaning set forth in Section 2.01(c)(ii).
Development Premium means the total amount payable by the Developer to NRDA that is Rs. ---------- ------------------- (Rupees only) being the consideration payable by the Developer for receiving the License (Development rights) on the Project Land in strict adherence with the terms hereof. NRDA received an amount of Rs. ------------------------- (Rupees ----------------- only) by way of ----- Bank Draft dated for Rs. /- (Rupees ----------------only) issued by -----------Bank---------------- being 20% (Twenty Percent) of the accepted Development premium and the cost of assets on the land if any less the amount of EMD, (If the EMD has been deposited in the form of Bank Draft) or 20% (Twenty Percent) of the accepted Development premium if the EMD has been deposited in the form of Bank Guaranty in favour of CEO and payable at Raipur/ Naya Raipur and tax as applicable, if any, before signing of this agreement. The Developer shall pay the balance and outstanding development right premium in accordance with the timelines specified in Schedule IV. Under no circumstance except provided in this Agreement, the accepted shall be altered and this is essence of this Agreement. The Payment Schedule is as follows: As per Schedule – “F”, Part – B of the Tender Document. The Developer shall bear and pay any and all taxes, duties, charges, levies and cess as may be levied on the development premium. In case of delay on the part of the Developer to pay any installment of the Development Premium (as specified in schedule IV hereto) then without prejudice to NRDA rights of Termination and reversion, NRDA shall charge interest on such outstanding installment/s at Delayed Interest. Change in Floor Area Ratio (FAR) in development of residential area. In case of increase in FAR area, after signing of the Agreement and during the construction stage the Development Premium shall be increased in proportion to the increase in Leaseable area. Starting from the date of execution of this agreement till the time the Conveyance Deed is executed with the Owners Association/Housing Society , the developer shall pay in advance the annual liscense fees @ 0.25% of the total Development Premium

Related to Development Premium

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

  • 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:

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

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

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

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

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Commercialization Costs means the sum of the following costs and expenses incurred by the Parties or their respective Affiliates, in Commercializing the Shared Products (and related Manufacturing activities) in the Territory, in each case, to the extent incurred in accordance with the Commercialization Plan and Commercialization Budget:

  • Redevelopment project means any work or undertaking

  • Operation and Maintenance Costs means the costs of:

  • Phase III means Phase I (or Phase I/II), Phase II (or Phase II/III) and Phase III clinical trials, respectively, in each case as prescribed by applicable FDA IND Regulations, or any corresponding foreign statutes, rules or regulations.

  • development charge means a charge imposed pursuant to this By-law;

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Phase I Trial means a clinical trial of a Licensed Product in human patients conducted primarily for the purpose of determining the safety, tolerability and preliminary activity of the Licensed Product, including, without limitation, for determining the maximum tolerated dose, or optimal dose. For purposes of this Agreement, a Phase I trial shall specifically exclude a study in healthy volunteers.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Development Program means the implementation of the development plan.

  • Phase IIb Clinical Trial means a clinical trial of a Product on sufficient numbers of patients that is designed to provide a preliminary determination of safety and efficacy of such Product in the target patient population over a range of doses and dose regimens.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • 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;

  • Research Budget has the meaning set forth in Section 3.2.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.2.

  • Fully Burdened Manufacturing Cost means, with respect to any Licensed Product supplied by or on behalf of NVCR to Zai hereunder if such Licensed Product (or any precursor or intermediate thereof) is manufactured by a Third Party manufacturer [***].