Redevelopment Period definition

Redevelopment Period means the period beginning on resumption day and ending immediately before completion day;
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Redevelopment Period shall be the period beginning on the date that the Declarant transfers the Site to the Developer and ending on the date of Final Completion of the Project as stated in the Schedule of Performance attached to the Property Disposition Agreement.
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Redevelopment Period means up to the first eighteen (18) months of the Term during which LESSEE shall redevelop the Premises in accordance with the Redevelopment Plan. Upon at least 60- days advance written request by LESSEE, CITY, in its sole discretion, may approve an extension of the Redevelopment Period for up to one (1) additional year without further CITY Council approval. LESSEE shall apply all commercially reasonable efforts to complete the Redevelopment Plan during the Redevelopment Period and be open on the Occupancy Date, as defined below.
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Examples of Redevelopment Period in a sentence

  • The Lessor may cancel this Lease Agreement without the payment of any compensation to the Lessee, upon giving notice of not less than the Notice of Redevelopment Period to the Lessee, if the Lessor wishes to redevelop or alter the Surrounding Property or any part thereof or to incorporate it into any scheme of redevelopment involving the Leased Premises, provided that this clause 45 shall not be applicable during the Initial Period.

  • In the event LESSEE notifies the CITY in writing that LESSEE is unable to obtain necessary permits and approvals to redevelop the Premises in accordance with Redevelopment Plan during the Redevelopment Period, as may be extended, then CITY and LESSEE shall each have the right to terminate this Lease.

  • Upon at least 60- days advance written request by LESSEE, CITY, in its sole discretion, may approve an extension of the Redevelopment Period for up to one (1) additional year without further CITY Council approval.

  • LESSEE shall apply all commercially reasonable efforts to complete the Redevelopment Plan during the Redevelopment Period and be open on the Occupancy Date, as defined below.

  • The term of this Lease shall consist of a Redevelopment Period, as defined below, and the twenty-five (25) year Active Term, as defined below (collectively, the "Term") commencing on the Effective Date.

  • Redevelopment Period" means up to the first eighteen (18) months of the Term during which LESSEE shall redevelop the Premises in accordance with the Redevelopment Plan.

  • No Minimum Monthly Rent or Percentage Rent shall be payable during the Redevelopment Period.


More Definitions of Redevelopment Period

Redevelopment Period means the period of time from the date hereof until the redevelopment of the Sahara Hotel is complete.
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Related to Redevelopment Period

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • 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 Period Security shall have the meaning set forth in Section 6.1(a) hereof.

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

  • 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 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 Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

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

  • Redevelopment Commission means the Fishers Redevelopment Commission.

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Qualified Project Period means Qualified Project Period as defined in Section 142(d) of the Internal Revenue Code.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Redevelopment entity means a municipality or an entity

  • Redevelopment Agreement means an agreement between the

  • Redevelopment means areas where development is replacing older development.

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

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

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • 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.

  • 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.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Development District means Municipal Development District No. 4 in the City, which is described in the corresponding Development Program.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;