Final Staircasing definition

Final Staircasing means the purchase by the Leaseholder from the Landlord of such Portioned Percentage that reduces the Unacquired Percentage to nil.
Final Staircasing means the purchase by the Leaseholder from the Landlord of such Portioned Percentage that reduces the Unacquired Percentage to nil
Final Staircasing means the purchase by the Leaseholder from the Landlord of such Portioned Percentage that increases the Acquired Percentage to the Maximum Percentage.

Examples of Final Staircasing in a sentence

  • For the purpose of this clause 8.3.3 the onus of proof is on the Landlord to show the sale was at an undervalue; and the Leaseholder has not, prior to any default occurring under the Loan, accomplished Final Staircasing.

  • If a Mortgagee enforces its security in respect of the Loan then (subject to the other provisions of this clause 8) the Mortgagee is entitled to deduct the amount of the Mortgagee Protection Claim from monies that would otherwise be paid to the Landlord as the price for the Final Staircasing.

  • There is no obligation on a Mortgagee to accomplish Final Staircasing.

  • The Leaseholder covenants with the Landlord to pay the Service Charge during the Term by equal payments in advance at the same time and in the same manner in which the Specified Rent is payable under this Lease, or following Final Staircasing, by any other method that the Landlord from time to time reasonably requires by giving notice to the Leaseholder.


More Definitions of Final Staircasing

Final Staircasing means the purchase of such Portioned Percentage as reduces the Relevant Percentage to nil

Related to Final Staircasing

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • Constructional Plant means all equipments, materials, appliances or things of whatsoever nature required for execution, completion or maintenance of the works (as hereinafter defined) but does not include materials or other things intended to form or forming part of the permanent work.

  • Design-build means a project delivery method in which the detailed design and subsequent construction is provided through a single contract with a Design-Build firm; a team, partnership, or legal entity that includes design professionals and a builder. The Design-Build Project delivery shall be implemented in accordance with Tex. Gov’t Code § 2166.2531.2

  • Design flow means the average annual flow or average daily flow specified in an approved facilities plan or approved plans and specifications, the flow specified in a WPDES permit, or the flow required to meet performance standards.

  • Building Drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • Design-build team means an entity that consists of:

  • construction site means a workplace where construction work is being performed;

  • As-built drawings, as used in this clause, means drawings submitted by the Contractor or subcontractor at any tier to show the construction of a particular structure or work as actually completed under the contract. “As-built drawings” shall be synonymous with “Record

  • Design-Build Firm means a partnership, corporation or other legal entity that:

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

  • Tight-fitting facepiece means a respiratory inlet covering that forms a complete seal with the face.

  • parking meter means an apparatus for use on or in the vicinity of a parking place for indicating, as respects a space provided at that parking place for the leaving of vehicles, whether the initial charge has been paid and whether the period for which payment was made by the initial charge has expired;

  • Water Surface Elevation (WSE means the height, in relation to NAVD 1988, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • drainage work means any watercourse and includes any land which is expected to provide flood storage capacity for any watercourse and any bank, wall, embankment or other structure, or any appliance, constructed or used for land drainage or flood defence;

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Design-Builder means the Person selected pursuant to the RFP that enters into the Contract with the Department to design and construct the Project (also referred to as the “Design-Build Team”).

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.