Residential Settlement definition

Residential Settlement means a year round community in proximity to one or more specific recreational attractions. The range of permitted uses may include but would not be limited to residential units, motel and lodge accommodations, active and passive recreational activities, natural and man-made recreational facilities and required commercial and support services. Land uses within the residential settlement should reflect the central themes of a recreation focused development and a development offering community facilities.

Examples of Residential Settlement in a sentence

  • This Residential Settlement may be amended or changed only by a written agreement signed by the Settling Parties.

  • In the event the Commission rejects or modifies this Residential Settlement or the underlying February 9 Settlement, the Settling Parties reserve their rights under CPUC Rule 12.4.

  • The Settling Parties agree that this Residential Settlement is reasonable in light of the testimony submitted, consistent with law, and in the public interest.

  • The Settling Parties further agree that this Residential Settlement resolves all residential rate design issues in A.▇▇-▇▇-▇▇▇.

  • As of the date of this Residential Settlement, however, the diversity benefit study has not been completed.

  • The provisions regarding the timing of this GRC rate change and rate changes between General Rate Cases agreed to in the February 9 Settlement, Section VII 2, shall apply to this Residential Settlement, unless specifically noted above.

  • In this Residential Settlement, CARE distribution rates are set to minimize the case where CARE customers taking Direct Access (DA) and Community Choice Aggregation (CCA) service would receive a negative utility bill.

  • This Residential Settlement represents a compromise among the Settling Parties’ respective litigation positions, not agreement to or endorsement of disputed facts and law presented by the Settling Parties in this proceeding.

  • The Settling Parties agree that the rate design for the residential class embodied in this Residential Settlement takes the revenue allocation reached for that class in the February 9 Settlement and ensures that it is fully recovered through residential rates in a manner that is just and reasonable, in the public interest, and that reflects a reasonable compromise of Settling Parties’ proposals.

  • The Settling Parties agree that the actual rates derived pursuant to this Residential Settlement shall be designed on an overall revenue-neutral basis to collect the then-current revenue allocated to the residential class and will differ from the rates presented herein.

Related to Residential Settlement

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Physical Settlement Date means the date specified as such in any Physical Settlement Notice, which shall be not earlier than 10 nor later than 20 Business Days after the date on which the Physical Settlement Notice is given.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);