Examples of Development Property in a sentence
All rates and charges applicable to a Customer in the Development Property shall be assessed as provided in the General Rules and Regulations and/or in the Rate T Schedules of Xcel Energy’s Electric or Gas Rate Book for Customer’s specific service, as they now T exist or may hereafter be changed, on file with the state regulatory commission in the state where service is provided.
This Agreement and the covenants, conditions and restrictions contained herein shall run with the land and shall burden the Development Property for the benefit of the City and shall bind Developer and its heirs, successors and assigns and every successor-in-interest of the Development Property.
Streets/Rights-of-Way Listed in First Sentence of This paragraph is/are sometimes hereinafter referred to collectively as the “Tieback Parcels.” Developer plans to construct a Description of Development (e.g., three-story mixed-use residential building consisting of 51 units over ground floor commercial retail space and 2 levels of subterranean parking) (“Project”) on the Development Property.
With the County’s consent, any or all of the interest of the Company or any other Co-Investor in the Economic Development Property or this Agreement may be transferred or assigned by the Company or any other Co-Investor, as applicable, or any other assignee to any other Person; provided, however, that such consent is not required for (i) transfers to an Affiliate; or (ii) financing-related transfers or any other transfers not requiring the consent of the County under the Act.
For the Project, the Company shall use its best efforts to invest at least Two Million Five Hundred Thousand Dollars ($2,500,000.00) in Economic Development Property by the end of the Investment Period.