Ready for Development definition

Ready for Development means that factors and conditions in the present and reasonably foreseeable marketplace, including environmental factors, transportation demand and financial markets, and the political environment, appear to be conducive to proceeding with planning, permitting, design and other efforts to prepare a Facility for Close of Finance, construction and operation. It is anticipated that a Facility can be Ready for Development even though the duration of time to Close of Finance may be significant; and the parties recognize that after a Facility is found Ready for Development intervening changes in circumstances could occur that inhibit or delay Close of Finance. Unless otherwise approved by TxDOT in its sole discretion, a proposed toll Facility located within the boundaries of any local toll project entity shall not be considered Ready for Development unless and until all conditions for TxDOT’s development of the Facility as a toll project set forth in applicable Laws have been satisfied.
Ready for Development means the Project Site is ready for 29 commencement of construction of horizontal or vertical improvements thereon, including both Public 30 Improvements and Private Improvements.
Ready for Development with respect to any Property means that such Property has all development infrastructure in place, including roads, utilities and storm-water management (in each case, pursuant to and in accordance with all current (as of the Effective Date) applicable laws), and has been accepted by the Member who does not own such Property, in its reasonable discretion, as being readily able to be developed as contemplated by this Agreement. The standards for determining whether a Property is Ready for Development include the following standards:

Examples of Ready for Development in a sentence

  • TxDOT expects that the Project Management Plan will evolve as Facilities evolve and become Ready for Development and that development of the documents will be a collaborative effort between the parties.

  • As pointed out in [38], [2], [14], [44] and motivated by examples in this paper, the explicit modelling of events leads to models of cultural contents, which can be better integrated.

  • If Developer does not concur in writing before the expiration of this 30-day period (or such other period as may be agreed upon by the parties), Developer will be deemed to have rejected that Facility as being Ready for Development.

  • If TxDOT does not respond in writing within 30 days (or such other period as may be agreed upon by the parties) to a notice from Developer pursuant to this Section, TxDOT will be deemed to have rejected that Facility as being Ready for Development.

  • If Developer does not concur in writing before the expiration of this 30- day period (or such other period as may be agreed upon by the parties), Developer will be deemed to have rejected that Facility as being Ready for Development.

  • A.1.2. Individual Projects Ready for Development For projects already depicted on a conditionally approved ALP or submitted asa pen-and-ink change, the FAA must determine whether or not it has ALP approval authority over all or portions of the proposed project.

  • In addition, in the event that the PrairieWood Land or Xxxxxxxxx Land is not Ready for Development when such Property is contributed to the Company, then, in accordance with the definition of “Capital Contribution” set forth in Section 1.1 above, the value of the Capital Contribution attributable to such Property shall be reduced at the time of contribution by the applicable Land Valuation Reduction Amount.

  • When such contributed Property has been made Ready for Development the value of the contributing Member’s Capital Contribution related to such Property shall be automatically increased by the applicable Land Valuation Reduction Amount (but not in excess of such Land Valuation Reduction Amount) and, in the case of the PrairieWood Land, CNT Venture shall make a Capital Contribution of cash in the amount of 55% of the Land Valuation Reduction Amount.

  • A.1.2. Individual Projects Ready for Development For projects already depicted on a conditionally approved ALP, or submitted as a pen-and-ink change, the FAA must determine whether or not it has ALP approval authority over all or portions of the proposed project.

  • The failure to timely make any such Property Ready for Development in accordance with this Section shall constitute a default hereunder by the Member contributing such Property.


More Definitions of Ready for Development

Ready for Development means the Project Site is ready for 4 commencement of construction of horizontal or vertical improvements thereon, including both Public 5 Improvements and Private Improvements.

Related to Ready for Development

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

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • Cluster development means a contiguous cluster or

  • Clinical Development means the conduct of clinical trials in humans to assess the dosing, safety and/or efficacy of the Product, including but not limited to Phase I Clinical Trials, Phase II Clinical Trials, Phase Ill Clinical Trials and Phase IV Clinical Trials.

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Low Impact Development or “LID” means a site design strategy that maintains, mimics or replicates pre- development hydrology through the use of numerous site design principles and small-scale treatment practices distributed throughout a site to manage runoff volume and water quality at the source.

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

  • 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:

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

  • the Development means the residential development for –

  • sustainable development means development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs;

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • 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, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

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

  • Planned unit development means a subdivision characterized by a unified site design, clustered residential units and/or commercial units, and areas of common open space.

  • 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.

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

  • Medical Affairs Activities means, with respect to any country or other jurisdiction in the Territory, the coordination of medical information requests and field based medical scientific liaisons with respect to Licensed Compounds or Licensed Products, including activities of medical scientific liaisons and the provision of medical information services with respect to a Licensed Compound or Licensed Product.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • Global Development Plan has the meaning set forth in Section 3.1.

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • 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.