Research and development property definition

Research and development property means tangible personal property that has not previously been used in Indiana for any purpose and is acquired by the purchaser for the purpose of research and development activities in Indiana.
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Research and development property means consumables, cultures, samples and resulting products prior to regulatory approval, including clinical trial stocks and Research Animals, associated with Research Projects all contained within the Buildings and belonging to You for which You are responsible.
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Research and development property means written, printed or inscribed documents, plans, records or formulas; processes or cultures and resulting products, samples or other materials produced by such processes or cultures; and prototypes, if produced and directly associated with your research and development operations. research and development property does not mean animals, money or securities, property held for sale or held for delivery after sale, goods you have manufactured which are in their completed state and ready for sale or mobile communication property.
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Examples of Research and development property in a sentence

  • Is Damaged In Part Only The Amount That The Company Will Pay Shall Not Exceed The Sum Representing The Cost Which The Company Could Have Been Called Upon To Pay For Reinstatement If Such Research And Development Property Had Been Wholly Destroyed.

  • The Full Cost of Repair And The Restoration of The Damaged Portion of The Research And Development Property To A Condition Substantially The Same As But Not Better or More Extensive Than Its Condition Prior To The Damage.

  • Such Costs Shall Include All Reasonable And Necessary Amounts, But Shall Not Exceed That Amount Shown In The Schedule For Research And Development Property In Recreating, Gathering And Assembling Such Electronic Data.

Related to Research and development property

  • 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.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • 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.

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • 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.

  • 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:

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;

  • 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.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • 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;

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

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

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

  • 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;

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

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

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;