Substantially improved definition

Substantially improved means that the cost of the improvements to a project is equal to or exceeds 50 percent of the assessed value of the property, excluding the land, prior to such improvements.
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Substantially improved means any reconstruction, rehabilitation, addition or other improvement to a structure, the total cost of which equals or exceeds 50 percent of the market value of the structure before the start of construction of the improvementComment [JLL33]: Definition added for clarification
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Substantially improved means that the cost of the
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Examples of Substantially improved in a sentence

  • Substantially improved existing manufactured home parks or subdivisions is where the repair, reconstruction, rehabilitation or improvement of the streets, utilities and pads equals or exceeds 50 percent of the value of the streets, utilities and pads before the repair, reconstruction or improvement commenced.

  • Substantially improved existing manufactured home parks or subdivisions - Repair, reconstruction, rehabilitation, or improvement of the streets, utilities, and pads equaling or exceeding 50 percent of the value of the streets, utilities, and pads before the repair, reconstruction, or improvement commenced.

  • Substantially improved traffic flow pattern allowing smoother ingress and egress on the property.

  • Any alteration of a “historic structure” provided that the alteration will not preclude the structure’s continued designation as a “historic structure.” Substantially improved existing manufactured home parks or subdivisions means manufactured home parks or subdivisions where the repair, reconstruction, rehabilitation or improvement of the streets, utilities and pads equals or exceeds 50 percent of the value of the streets, utilities and pads before the repair, reconstruction or improvement commenced.

  • Substantially improved existing manufactured home parks or subdivisions means where the repair, reconstruction, rehabilitation or improvement of the streets, utilities and pads equals or exceeds 50 percent of the value of the streets, utilities and pads before the repair, reconstruction or improvement commenced.

  • Research & Innovation ActionsFor application driven core photonic technology developments:• Secured and reinforced industrial technology leadership and substantially increased market presence in diagnostics and in safety & security.• Improved business opportunities and value creation in Europe by reinforced cooperation along the value chain.• Substantially improved screening of diseases for a more effective treatment.• Substantially improved sensing solutions for high-volume safety and security markets.

  • Research & Innovation ActionsFor application driven core photonic technology developments: Secured and reinforced industrial technology leadership and substantially increased market presence in diagnostics and in safety & security. Improved business opportunities and value creation in Europe by reinforced cooperation along the value chain. Substantially improved screening of diseases for a more effective treatment. Substantially improved sensing solutions for high-volume safety and security markets.

  • Substantially improved existing manufactured home park or subdivision.

  • Substantially improved means that there were important improvements having considerable value made to the property.

  • Substantially improved existing manufactured home parks or subdivisions is where the repair, reconstruction, rehabilitation or improvement of the streets, utilities and pads equals or exceeds fifty (50) percent of the value of the streets, utilities and pads before the repair, reconstruction or improvement commenced.


More Definitions of Substantially improved

Substantially improved means any combination of repairs, reconstruction, alteration or improvements of a structure in which the costs equal or exceed 50% of the market value of the existing structure before the start of construction of the improvement.
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Substantially improved means any remodeling, repair, reconstruction or improvement of a structure, the cost of which equals or exceeds fifty percent (50%) of the fair market value of the property either:
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Substantially improved means any reconstruction, re- habilitation, addition, or other improvements of a structure, the cost of which equals or exceeds 50% of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed.
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Substantially improved means any remodeling, repair, reconstruction or improvement of a structure, the cost of which equals or exceeds fifty percent of the fair market value of the property either as such value exists before the improvement is started or if the property has been damaged and is being restored, as such value existed before the damage occurred.
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Related to Substantially improved

  • Acutely mentally ill means a condition which is limited to

  • Quality Improvement means a focus on activities to improve performance above minimum standards and reasonably expected levels of performance, quality and practice.

  • Materially Impair means any amendment to the terms of the Award that materially adversely affects the Participant’s rights under the Award. A Participant’s rights under an Award will not be deemed to have been Materially Impaired by any such amendment if the Board, in its sole discretion, determines that the amendment, taken as a whole, does not materially impair the Participant’s rights. For example, the following types of amendments to the terms of an Award do not Materially Impair the Participant’s rights under the Award: (i) imposition of reasonable restrictions on the minimum number of shares subject to an Option that may be exercised, (ii) to maintain the qualified status of the Award as an Incentive Stock Option under Section 422 of the Code; (iii) to change the terms of an Incentive Stock Option in a manner that disqualifies, impairs or otherwise affects the qualified status of the Award as an Incentive Stock Option under Section 422 of the Code; (iv) to clarify the manner of exemption from, or to bring the Award into compliance with or qualify it for an exemption from, Section 409A; or (v) to comply with other Applicable Laws.

  • Sexually oriented business means an adult arcade, adult bookstore or adult video store, adult cabaret, adult motel, adult motion picture theater, adult theater, escort agency, nude model studio, or sexual encounter center.