Predevelopment Component definition

Predevelopment Component has the meaning set forth in Section 6.1 below.
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Predevelopment Component has the meaning set forth in Recital H.
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Predevelopment Component means the portion of the Loan in the total amount of Two Hundred Eighty Thousand Dollars ($280,000) consisting of funds allocated to the County by PHC.
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Examples of Predevelopment Component in a sentence

  • The unpaid principal balance hereunder, together with accrued interest thereon, is due and payable no later than the date that is the fifty- fifth (55th) anniversary of the Completion Date; provided, however, if a record of the Completion Date cannot be located or established, the Predevelopment Component is due and payable on the fifty-seventh (57th) anniversary of the date of this Note.

  • The Predevelopment Component shall be disbursed in accordance with the following provisions of this Section.

  • Such activities shall include be not limited to: approval of the Final Subdivision Map, approval of a Public Improvement Plan, the demolition of the Existing Buildings, the realignment or construction of certain utilities and other Public Infrastructure, and the remediation of Hazardous Materials on the Master Development Site (collectively, the "Predevelopment Component").

  • The County will disburse the Predevelopment Component subject to the conditions precedent set forth in subsection (a) below, the Construction Component at the Construction Closing subject to the conditions precedent setforth in subsection (b) below (but in no event before the Construction Closing), and the Completion Component at Permanent Closing subject to the conditions precedent set forth in subsection (c).

  • Notably, the non-parametric relationship between daily temperatures and mortality that we estimate for India shows particularly large effects at higher temperature ranges, increasing steeply when there are more days at or above 90○ F.

  • As a condition of its acceptance of the Predevelopment Component funds, Borrower shall additionally cooperate and coordinate with the County to provide to County all reports and information that are required as a condition of the MOU and are set forth in Exhibit E of this Agreement.

  • The Developer shall repay the Predevelopment Component to the extent required by the terms of the Predevelopment Component Note.

  • Section 5.6 City Loan Disbursement.(a) Disbursement of the Predevelopment Component.

  • If no agreement is reached between the parties within such ninety (90) day period regarding the alternative financing structure to fund the construction of the Predevelopment Component, this Agreement may be terminated by the Master Developer or Commission by written notice from the Commission to the Developers or Master Developer to Commission, as applicable.

  • This Article 6 sets forth the parties expectations as to the implementation of the Predevelopment Component.


More Definitions of Predevelopment Component

Predevelopment Component means the portion of the City Loan, in the amount of One Million Four Hundred Thirty Thousand Dollars ($1,430,000), to be utilized for predevelopment costs and expenses for the development of the Property. The Predevelopment Component is initially evidenced by the Predevelopment Component Note.
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Predevelopment Component means the portion of the Agency Loan previously disbursed by the Agency to pay predevelopment costs of the Development.‌
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Predevelopment Component means the portion of the City Loan, in the amount of One Million Nine Hundred Thousand Dollars ($1,900,000), to be utilized for eligible predevelopment expenses for the Project. The Predevelopment Component is evidenced by the Predevelopment Component Note.
Sample 1

Related to Predevelopment Component

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

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Redevelopment project means a specific construction project

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

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

  • 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.

  • Development Area means that area to which a development plan is applicable.

  • Redevelopment entity means a municipality or an entity

  • Development Work means any work carried out in relation to the physical construction of a mine;

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

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

  • Redevelopment means areas where development is replacing older development.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • stacked townhouse means a building, other than a townhouse or apartment building, containing at least 3 dwelling units, each dwelling unit being separated from the other vertically and/or horizontally, and each dwelling unit having an entrance to grade shared with no more than 3 other units;

  • Development Program means the implementation of the development plan.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Cluster development means a contiguous cluster or

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • 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:

  • Program area means a general group of disciplines in which one or more degree programs,

  • Development Activities means those activities which are normally undertaken for the development, construction, repair, renovation, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • Development Candidate means a Compound that meets the Development Candidate Criteria for the initiation of a Development Program for the treatment of CF, and which is the subject of a notice from Vertex to CFFT that Vertex intends to commence formal pre-clinical development of the Compound in the Field pursuant to the provisions of Section 3.1 hereof.