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 Real Property Collateral at the direction of a Governmental Authority or a public utility to such Governmental Authority (or any designee of such Governmental Authority), or a utility provider, for public streets, curb cuts, sidewalks or rights of way, or for easements relating to the installation and maintenance of utility facilities; 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 results 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 remaining Real Property Collateral.
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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.
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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.

  • 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.

  • Prior to execution or recordation of the Required Dedication, Landlord shall notify Tenant of such Required Dedication and shall use commercially reasonable efforts to implement any change to a Required Dedication reasonably requested by Tenant.

  • Subarea A Required Dedication by Street Classification1 Required Landscape Borders by Street Classification6 Required Off-Street Parking Provisions for People with Disabilities16 Requirements for Visibility at Intersections Local Collector Arterial Local7 Collector8 Arterial8 17’7" 3’6"2 22’6" 12’6" for ▇.

  • Agent shall have the right to establish an escrow arrangement and appoint an escrow agent responsible for the administration therefor, through which Release Instruments may be placed into escrow by the Agent prior to the occurrence of a Permitted Collateral Asset Sale or Required Dedication for release by the escrow agent upon escrow agent’s confirmation of certain agreed upon conditions.

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

Related to Required Dedication

  • Required Delivery Date means any date on which the Company or its transfer agent is required to deliver Common Shares to Investor hereunder.

  • 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.

  • Required Deposit Rating shall have the meaning assigned to such term in the definition of “Eligible Account.”

  • Less restrictive alternative treatment means a program of