Project Stabilization definition

Project Stabilization means issuance of a final certificate of occupancy for the Project and ninety percent (90%) of the Project's units under arm's length executed leases for at least sixty (60) days. “Property.” That certain property located in Raleigh, North Carolina which is more particularly described in Exhibit B attached hereto and incorporated herein upon which the Borrower intends to develop the Project.
Project Stabilization means the occurrence in the Project of ninety-five (95) percent occupancy for ninety (90) consecutive days.
Project Stabilization means completion of construction of the Project and the Project at least is 90% leased up by third party tenants. “Property.” That certain property located in Atlanta, Georgia which is more particularly described in Exhibit B attached hereto and incorporated herein upon which the Borrower intends to develop the Project.

Examples of Project Stabilization in a sentence

  • The District has entered into a Project Stabilization Agreement that is applicable to this Project.

  • After Project Stabilization, the Operating Reserve Account may be used to pay operating costs and expenses to the extent the collected gross receipts are insufficient for such purpose.

  • For questions or assistance concerning the Project Stabilization Agreement, contact Mr. Larry Scott @ 925-473-2438, or at 3200 Loveridge Road in Pittsburg, California 94565.

  • Project Stabilization Agreement Letter of Assent as set forth in Section 01 35 27 (Project Labor Agreement).

  • Refer to Document 00 73 49 (Project Stabilization / Community Benefits Agreement) and Document 00 73 49B Exhibit A (Letter of Assent).

  • The Work performed pursuant to this Contract will be subject to the requirements of the “PROJECT STABILIZATION/COMMUNITY BENEFITS AGREEMENT for the COUNTY OF ALAMEDA” as described in Project Stabilization/ Community Benefit Document 00 73 49.

  • Bidder specifically acknowledges and understands that if it is awarded the Contract, that it shall perform the Work of the Project while complying with all requirements of the Department of Industrial Relations, and with all requirements of the Project Stabilization Agreement.

  • Note: “Failure to Execute” is any of the following: (1) Refusal to pick up, sign, and/or return contract documents; (2) Inability to obtain insurance and/or bond requirements; or (3) Failure to submit required agreement forms such as a Project Stabilization Agreement.Yes NoIf Yes, please list all instances with explanations on an attached separate sheet of paper.

  • PROJECT STABILIZATION AGREEMENT: The Contractor or Subcontractor (CONTRACTOR) on this project accepts and agrees to be bound by the terms and conditions of the “Chabot-Las Positas Project Stabilization Agreement”, together with any and all amendments and supplements now existing or which are later made by executing the Letter of Assent.

  • Adjournment.* Project Stabilization Agreement goals and progress reports can be found online at: http://bart.gov/about/projects/oac/programs.aspx Please refrain from wearing scented products (perfume, cologne, after-shave, etc.) to this meeting, as there may be people in attendance susceptible to environmental illnesses.


More Definitions of Project Stabilization

Project Stabilization means the date upon which the Property has achieved and maintained 95% physical occupancy of apartments (including models and marketing and management occupancy) continuously over any ninety (90) day time period. This agreement not to contest shall not apply if the Project is subject to a casualty, condemnation or similar unanticipated circumstances. If there is a change in the manner in which real estate taxes are assessed, the parties will work together to address the situation in an equitable manner.
Project Stabilization. With respect to a Project, the earlier of (i) such time as at least 90 percent of the net rentable area in such Project is occupied by rent-paying tenants and (ii) the twelve month anniversary of the date of Substantial Completion of such Project.
Project Stabilization means the date that the Project achieves ninety-three percent (93%) occupancy with tenants paying rent for one hundred twenty (120) days.
Project Stabilization means the Project is at least 90% leased up by third party tenants. “Property.” That certain property located in Durham, North Carolina which is more particularly described in Exhibit B attached hereto and incorporated herein upon which the Project is located.
Project Stabilization means the date that the Project has achieved 95% physical rental occupancy.

Related to Project Stabilization

  • Crisis stabilization means emergency, psychiatric, and substance abuse services for the resolution of crisis situations and may include placement of an individual in a protective environment, basic supportive care, and medical assessment, and, if needed, referral to an ODMHSAS certified facility having nursing and medical support available.

  • Crisis stabilization unit means a short-term facility or a

  • Post Stabilization Services means covered services related to an emergency medical or behavioral health condition provided after the condition is stabilized.

  • Stabilization means providing adequate measures, vegetative and/or structural, that will prevent erosion from occurring.

  • Post-Stabilization Care means Medically Neces- sary services received after the treating physician determines the emergency medical condition is stabilized.

  • Final Stabilization means that all soil disturbing activities at the site have been complete, and that a uniform perennial vegetative cover with a density of 70% of the cover for unpaved areas and areas not covered by permanent structures has been established or equivalent permanent stabilization measures (such as the use of riprap, gabions, or geotextiles) have been employed.

  • Mobilization means establishment of sufficiently adequate infrastructure by the CONTRACTOR at "SITE" comprising of construction equipments, aids, tools tackles including setting of site offices with facilities such as power, water, communication etc. establishing manpower organisation comprising of Resident Engineers, Supervising personnel and an adequate strength of skilled, semi-skilled and un-skilled workers, who with the so established infrastructure shall be in a position to commence execution of work at site(s), in accordance with the agreed Time Schedule of Completion of Work. "MOBILISATION" shall be considered to have been achieved, if the CONTRACTOR is able to establish infrastructure as per Time Schedule, where so warranted in accordance with agreed schedule of work implementation to the satisfaction of ENGINEER-IN-CHARGE/ EMPLOYER.

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

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • 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 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.

  • Stabilize means to provide medical treatment of the condition as may be necessary to assure, with reasonable medical probability, that no material deterioration of the condition is likely to result from or occur during the transfer of the individual from a facility, or, with respect to a pregnant woman who is having contractions, when there is inadequate time to safely transfer her to another hospital before delivery (or the transfer may pose a threat to the health or safety of the woman or un- born child), “Stabilize” means to deliver (includ- ing the placenta).

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • Green building strategies means those strategies that minimize the impact of development on the environment, and enhance the health, safety and well-being of residents by producing durable, low-maintenance, resource-efficient housing while making optimum use of existing infrastructure and community services.

  • Redevelopment means areas where development is replacing older development.

  • Rate Stabilization Fund means the Rate Stabilization Fund created under the Program Resolution.

  • Project Staff means the personnel of Contractor and Subcontractors who provide the Work.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Project Start Date means the first Milestone Start Date specified in Schedule B;

  • 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:

  • Infrastructure means infrastructure serving the County and improved or unimproved real estate and personal property, including machinery and equipment, used in the operation of the Project, within the meaning of Section 4-29-68 of the Code.

  • Outdoor cultivation means the cultivation of mature cannabis without the use of artificial lighting or light deprivation in the canopy area at any point in time. Artificial lighting is permissible only to maintain immature plants outside the canopy area.

  • Project Scope means the description or activity of work to be accomplished on the Project.

  • Project Services means architectural, engineering services, land surveying, construction management at-risk services, ancillary technical services or other construction-related services determined by the board to be required by the project.

  • Stormwater management means the programs to maintain quality and quantity of stormwater runoff to pre-development levels.

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.