Phase 1 Development means that a tribe has executed a memorandum of terms engaging the Borrower to begin on the initial scoping, design and budget estimation process to allow the tribe to further evaluate the project for possible advancement to Phase 2 development and review.
Phase 1 Development means the construction or redevelopment of Phase 1, including all interim Construction Phases therein, of the Large-Scale Development Project, as more particularly set forth in Section 6.1 of this Declaration.
Phase 1 Development means the Construction Work of Buildings to be performed and completed by Tenant as the first Phase of the Project, including the construction and Substantial Completion of the Parking Garage, as set forth in the Project Commitments and the Approved ULURP Application.
Examples of Phase 1 Development in a sentence
Developer shall complete the construction of the spine road to also connect to Airport Road when the Project exceeds the Phase 1 Development.
More Definitions of Phase 1 Development
Phase 1 Development means the construction of a minimum of 225,000 square feet floor space for use for Use Class B1(b) purposes on the Demised Premises together with parking and landscaping in accordance with the Specification;
Phase 1 Development means the development and construction of the improvements described as “Phase 1 Development” in the Development Plan attached hereto as Exhibit B.
Phase 1 Development. – means Plot A1, Plot A2, Plot K1 and the IPFS and their associated Public Realm.