Required Dedication definition

Required Dedication means a dedication or conveyance of any Property at the direction of a governmental authority or a public utility, or pursuant to or in connection with a development agreement, or to a homeowners or condominium owners association, to (i) such governmental authority (or any designee of such governmental authority), (ii) a utility provider, (iii) a special foundation which holds land for preservation of the environment or (iv) a homeowners or condominium owners association, in any case for parks, schools, recreation centers, common community facilities, public streets, utility easements and installations, slopes or other rights-of-way or public use, in each case in the ordinary course of business (as determined by the Company in good faith and in the exercise of its reasonable commercial judgment).
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Required Dedication means a dedication or conveyance of a portion of the Mortgaged Properties at the direction of a Governmental Authority or a public utility to (i) such Governmental Authority (or any designee of such Governmental Authority), or (ii) a utility provider, for public streets, sidewalks or rights of way, or for easements and installations; provided any such dedication or conveyance (individually and/or taken together will all other such dedications and conveyances) (i) has not had, and could not reasonably be expected to have, a Material Adverse Effect or result in a Default or an Event of Default or (ii) has not impaired, and could not reasonably be expected to, impair the Collateral Agent’s first priority Lien on the then existing Mortgaged Properties.
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Required Dedication means a dedication or conveyance of a portion of the Real Property Collateral (other than a Residential Unit or Unimproved Lot) in the Ordinary Course of Business at the direction of a Governmental Authority upon completion and approval by the applicable Governmental Authority of final plats or as required by the Heads of Agreement with respect to portions of the Real Property Collateral to such Governmental Authority (or any designee of such Governmental Authority); provided any such dedication or conveyance (individually and/or taken together will all other such dedications and conveyances) (i) has not had and could not reasonably be expected to have a Material Adverse Effect or (ii) has not impaired and could not reasonably be expected to impair the Collateral Agent’s First Priority Lien on the remaining Real Property Collateral.
Sample 1

Examples of Required Dedication in a sentence

  • Required Dedication Proceeds with respect to such applicable Required Dedication will be paid to the Administrative Agent, concurrently with the closing of such Required Dedication, to be applied in accordance with (and in the amount required by) subsection 2.6B(ii)(d).

  • Concurrently with, and as a condition to the closing of, any Required Dedication by any of the Borrower Entities, the Borrower shall prepay the Loans in an amount equal to the Required Dedication Proceeds attributable to such Required Dedication.

  • Any delay in Landlord's Work being Substantially Completed resulting from Tenant's requested change to a Required Dedication shall be a Tenant Delay.

  • No. 2621) 1981 JAN Required Dedication of Land for Public Parks or Contributions in Lieu of Dedicationsadopted.

  • Section 3:12 Required Dedication of Lands Dedication of lands shall be required in the following situations: 1.

  • In cases where the Pro-Rata Share of Required Dedication for a Residential Development is greater than one (1) acre but less than eight (8) acres, the City Council -- upon recommendation from the Parks and Recreation Board -- shall have the option of requiring parkland dedication or accepting Cash-In-Lieu of Land fees in accordance with Section 38-57.

  • As you begin readying your work for publication, it should follow this general structure: o Front Matter: Title page (Required), Dedication, Foreword, Preface (Preferred), Table of Contents (Required), List of Figures, List of Contributors (Contributed Volumes only) o Text Body: It comprises the introduction and chapters containing the content of the book, i.e., text, figures, tables, and references.

  • Therefore, if the Pro-Rata Share of Required Dedication for Residential Development is one (1) acre or less, the Applicant shall be required to pay the applicable Cash-In-Lieu of Land fees in the amount provided by Section 38-57, rather than dedicate any parkland.

  • If any Required Dedication results in a material adverse impact on Tenant's use of the Leased Premises, Tenant shall have the right to terminate this Lease upon written notice to Landlord within ten (10) days Landlord notifies Tenant of the recordation of such Required Dedication.

  • The Planning Commission or Council may require that the items listed in Section 16.14.010 (Required Dedication for Public Use or Benefit) be deeded for private use or benefit to a homeowners’ association or other responsible body.

Related to Required Dedication

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Less restrictive alternative treatment means a program of

  • Distribution Compliance Period with respect to any Notes, means the period of 40 consecutive days beginning on and including the later of (i) the day on which such Notes are first offered to Persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S and (ii) the issue date with respect to such Notes.

  • Cannabis production establishment agent registration card means a registration card that the department issues that:

  • Required Filing Date has the meaning assigned to such term in Section 2.1.1(b);

  • Operational Flow Order means any directive issued to a Customer by KUB which requires the Customer to adjust Deliveries to KUB or deliveries of non-Firm gas to the Customer by KUB.

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: ≤$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ≥$250,000,000 ten Business Days

  • Required Filing Dates has the meaning specified in Section 10.19.

  • Compliance Period means a period of time that the Development shall conform to all set-aside requirements as described further in the rule chapter and agreed to by the Applicant in the Application.

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Cannabis production establishment agent means a cannabis cultivation facility

  • Required Regulatory Approvals means the Seller Required Regulatory Approvals and the Buyer Required Regulatory Approvals.

  • Required Date means by the 10th Business Day following the end of the Quarter for which the information prescribed in Annex V4 is being provided.

  • Secondary dose monitoring system means a system which will terminate irradiation in the event of failure of the primary dose monitoring system.

  • Heavy-duty hand cleaner or soap means a product designed to clean or remove difficult dirt and soils such as oil, grease, grime, tar, shellac, putty, printer’s ink, paint, graphite, cement, carbon, asphalt, or adhesives from the hand with or without the use of water. “Heavy-duty Hand Cleaner or Soap” does not include prescription drug products, “Antimicrobial Hand or Body Cleaner or Soap,” “Astringent/Toner,” “Facial Cleaner or Soap,” “General-use Hand or Body Cleaner or Soap,” “Medicated Astringent/Medicated Toner” or “Rubbing Alcohol.”

  • Initial application means the Application first provided to MFA on or before an Application Deadline to request an allocation of Tax Credits.

  • Client Application means an application developed by Licensee that a) utilizes the Runtime Product, b) is installed fully on an end user’s machine, with all report processing local to that machine, and c) adds significant and primary functionality to the Runtime Product.

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Primary dose monitoring system means a system which will monitor the useful beam during irradiation and which will terminate irradiation when a pre-selected number of dose monitor units have been delivered.

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • compliance notice means a notice served in accordance with regulation 21(2); “conformity assessment procedure” means any procedure referred to in regulation 6;

  • Marketing Authorization Application or “MAA” means an application for Regulatory Approval (but excluding Pricing Approval) in any particular jurisdiction other than the U.S.

  • Cannabis processing facility means a person that: