PNMR Development definition

PNMR Development means PNMR Development and Management Corporation, a New Mexico corporation.
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Examples of PNMR Development in a sentence

  • Facility Lease dated as of August 12, 1986 between 1/15/2016 $ 9,569,653.00 PNM and U.S. Bank National Association (successor to State Street Bank and Trust Company, successor to The First National Bank of Boston), as Owner Trustee under a Trust Agreement dated as of August 12, 1986, with PNM (successor to PNMR Development and Management Corp., successor to Palo Verde Leasing Corporation, successor to First Chicago Lease Holdings, Inc.), as Owner Participant, as amended.

  • Facility Lease dated as of August 12, 1986 Between 1/15/2016 $ 9,569,653.00 PNM and U.S. Bank National Association (successor to State Street Bank and Trust Company, successor to The First National Bank of Boston), as Owner Trustee under a Trust Agreement dated as of August 12, 1986, with PNM (successor to PNMR Development and Management Corp., successor to Palo Verde Leasing Corporation, successor to First Chicago Lease Holdings, Inc.), as Owner Participant, as amended.

  • PNM and PNMR Development shall at any time and from time to time and without additional consideration take such actions and deliver such documents as may be necessary to effectuate the purposes of this Agreement.

  • No additional consideration shall be paid by PNM to PNMR Development in connection with the assignment and conveyance provided for herein.

  • The Owner Parties are Xxxxxx Dodge Energy Services, LLC, PNMR Development and Management Corporation, and Tucson Electric Power Company ("TEP"), each of which shall be jointly and severally liable for the obligations of Owner under this Agreement.

  • PNMR Development and PNMR Services personnel will work together to obtain timely resolution of any problems arising under this Agreement.

  • In the event that any service level, cost allocation or similar issue relating to Services provided by either PNMR Services or PNMR Development cannot be resolved in a timely manner by PNMR Development and PNMR Services personnel, resolution of the issue shall be referred to the appropriate PNMR Development and PNMR Services managers.

  • Both PNMR Development and PNMR Services may propose changes to Services provided to or by them.

  • This Agreement is binding upon PNMR Services, PNMR Development and their respective successors and assigns.

  • If an allocated cost basis is used, costs for the specific Service involved will be allocated in proportion to the benefits received by PNMR Development and in accordance with the Cost Allocation Methodology, which may exist from time to time and attached hereto as Appendix 3.

Related to PNMR Development

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Development means any man-made change to improved or unimproved real estate, including, but not limited to, buildings or other structures, mining, dredging, filling, grading, paving, excavation or drilling operations, or storage of equipment or materials.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, multi-apartment buildings, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Commencement of Development means the date on which any material operation (as defined in Section 56(4) of the Act) forming part of the Development begins to be carried out other than (for the purposes of this Deed and for no other purpose) operations consisting of site clearance, demolition work, archaeological investigations, investigations for the purpose of assessing ground conditions, remedial work in respect of any contamination or other adverse ground conditions, diversion and laying of services, erection of any temporary means of enclosure, the temporary display of site notices or advertisements and “Commence Development” shall be construed accordingly.

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.