Predevelopment Component definition

Predevelopment Component means the portion of the Agency Loan previously disbursed by the Agency to pay predevelopment costs of the Development.‌
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.
Predevelopment Component has the meaning set forth in Recital H.

Examples of Predevelopment Component in a sentence

  • Developer shall use the Predevelopment Component to partially fund the Predevelopment Obligations, subject to the disbursement conditions set forth in Section 3.6 below.

  • Upon the termination of this Agreement by the County pursuant to Subsection (b) above, the County shall forgive all amounts currently outstanding under the Predevelopment Component provided that: (i) no Event of Default has occurred and is continuing under this Agreement, and (ii) Developer takes all actions necessary to implement the Collateral Assignment Agreement.


More Definitions of Predevelopment Component

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.
Predevelopment Component has the meaning set forth in Section 6.1 below.
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.

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 any work or undertaking

  • 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.

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

  • Redevelopment entity means a municipality or an entity

  • Development Work means the conduct of preclinical and clinical trials, the compilation of the regulatory dossier concerning Licensed Products and the conduct of other work necessary or useful for obtaining Regulatory Approval of Licensed Products.

  • 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.

  • 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.