Redevelopment Assets definition

Redevelopment Assets means any real estate under major redevelopment.
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Redevelopment Assets means the redevelopment projects set forth on Schedule VII.
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Redevelopment Assets means all Hotel Assets either (i) acquired by the Parent or any of its Subsidiaries with a view toward renovating or rehabilitating same at an aggregate anticipated cost in excess of 10% of the acquisition cost of such Hotel Asset, or (ii) designated by a Loan Party in a notice to the Administrative Agent as a Redevelopment Asset with respect to which the Borrower intends to renovate or rehabilitate such asset at an aggregate anticipated cost in excess of 10% of the Appraised Value thereof. Each Redevelopment Asset shall continue to be classified as a Redevelopment Asset hereunder until the date that is eighteen (18) months following the achievement of Substantial Completion with respect to such Asset, following which such Asset shall be classified as a Hotel Asset hereunder.
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Examples of Redevelopment Assets in a sentence

  • Assets shall not be classified as Hotel Assets hereunder until the date indicated in the last sentence of the definition of Development Asset herein, and (b) Redevelopment Assets and Recently Redeveloped Assets shall not be classified as Hotel Assets hereunder until the date indicated in the last sentence of the definition of Redevelopment Asset herein.

  • The first Annual Lease Rent shall be payable in advance at the time of signing of the Lease Agreement for the financialyear or part thereof.C. Annual License Fee: I/We offer to pay to RLDA every year in advance (not later than 10th April) the Annual License Fee from the time of signing of the Lease Agreement till the handing over the Redevelopment Assets.

  • In case of any variation in scope of Redevelopment Assets, due to whatsoever reason, the variation in the cost shall be worked out on the basis of number of units of quarters and / or constructed area of utilities.

  • In the light of need to increase the sensitivity of tests,a lot of research have been done over classical approach in recent decades.

  • The first Annual Lease Rent shall be payable in advance at the time of signing of the LeaseAgreement for the financial year or part thereof.C. Annual License Fee: I/We offer to pay to RLDA every year in advance (not later than 10th April) the Annual License Fee from the time of signing of the Lease Agreement till the handing over the Redevelopment Assets.

  • Not permit more than one-third of the Total Unencumbered Pool Value (exclusive of the Unencumbered Pool Asset Value of the Fairmont Asset) to be comprised of Unencumbered Pool Asset Values attributable to Redevelopment Assets.

  • If any Unencumbered Pool Asset that is a Hotel Asset shall be redesignated as a Redevelopment Asset pursuant to clause (ii) of the definition of Redevelopment Assets, promptly deliver to the Administrative Agent the notice referred to in such clause (ii), together with an updated Schedule II hereto reflecting such redesignation.

  • If any Borrowing Base Asset that is a Hotel Asset shall be redesignated as a Redevelopment Asset pursuant to clause (ii) of the definition of Redevelopment Assets, promptly deliver to the Administrative Agent the notice referred to in such clause (ii), together with an updated Schedule II hereto reflecting such redesignation.


More Definitions of Redevelopment Assets

Redevelopment Assets and the “Station Development Assets” shall respectively mean all fixed assets relating to the Commercial Development Project , Redevelopment Project and Station Development Project, respectively, but shall not include the Site;
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Related to Redevelopment Assets

  • Redevelopment project means a specific construction project

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Redevelopment means areas where development is replacing older development.

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

  • 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.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • 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 entity means a municipality or an entity

  • Redevelopment Agreement means an agreement between the

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

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

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

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Undeveloped Land means (i) all undeveloped land existing on or acquired after the Issue Date and (ii) any operating property of the Company or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • 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.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Redevelopment Commission means the Fishers Redevelopment Commission.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Redevelopment Law means Article VIII, Section 12 of the Constitution of the State and Chapter 18, Article 21, Reissue Revised Statutes of Nebraska, as amended.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • 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.

  • Project area budget means a multiyear projection of annual or cumulative

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.