Development Period definition

Development Period means the period from the date of this Agreement until the Appointed Date;

Development Period. Means the development period as envisaged in Article 2.2 hereof.

Development Period means, with respect to an eligible property, the period of time starting on the date the rehabilitation period ends and ending on the earlier of,

Examples of Development Period in a sentence

• If the Development Period Security is at any time insufficient to pay the amount of the draw to which Company is then entitled, Seller shall pay any such deficiency to Company promptly upon demand.

• Company shall draw upon the Development Period Security on a monthly basis for payment of the total Daily Delay Damages incurred by Seller during the preceding calendar month.

• In the event Company receives notice from the issuing bank that a letter of credit for the Development Period Security or Operating Period Security will be cancelled or is set to expire and will not be extended, Company shall endeavor, but shall not be obligated, to provide Seller with notice of such cancellation or termination.

• Seller shall provide such Operating Period Security to Company within five (5) Business Days after the Commercial Operations Date, provided that, at all times, some form of Security Funds shall be in place and available to Company, whether Development Period Security or Operating Period Security.

• For the avoidance of doubt, the Authority shall undertake only routine maintenance during the Development Period, and it shall undertake special repairs only if required for ensuring safe operation of the Bus Terminal.

More Definitions of Development Period

Development Period means a period stated in a declaration during which a declarant reserves:

Development Period means the period from the commencement of construction to the transfer of the last saleable unit in the Development;

Development Period means, with regard to any Commercial Discovery, the period beginning upon approval of the Development Plan for such Commercial Discovery and ending upon the termination of this Contract for any reason or by any contractual or administrative rescission.

Development Period means the period for the development of a Commercial Discovery, which begins on the date of the designation of a Development Area in accordance with the provisions of Clause 20 hereof and continues for the term set out in clause 2(6);

Development Period means in respect of each Development and Production Area, the period from the Date of Commercial Discovery until the Date of Commencement of Commercial Production;

Development Period means the period from the establishment of the Home Owners Association until all of the xxxxx or portions of xxxxx in the township have been developed, alternatively until the Seller (being the developer) notifies the Home Owners Association that the development period has ceased, whichever is the earlier;

Development Period means the period commencing on the date on which the body corporate for the Housing Development Scheme is established in terms of the Sectional Titles Act up until the period 5 (five) years after the date that the last Unit has been transferred by the Seller to a third party, either with regard to this development or as extended by the Seller in terms of any real right that might be reserved by the Seller in terms of the conditions of Section 25 of the Sectional Titles Act, subject thereto that the period will not exceed 15 (fifteen) years as from date of commencement