Permitted Developer definition

Permitted Developer shall have the meaning assigned to such term in Section 10 of the Guarantee Agreement.
Permitted Developer means a legal entity composed only of NYTC or its wholly-owned, single-purpose Control Affiliates.
Permitted Developer shall not assign its interest in the Permitted Development Entity prior to the completion of the proposed project and the passage of one year;

Examples of Permitted Developer in a sentence

  • The development lease allows its rights to be assigned to a Permitted Developer not affiliated with FCRC in certain specified circumstances.

  • In addition, payments for Developer Fee shall not exceed the Permitted Developer Fee Payment.

  • Approved Permitted Developer or Contractors Shall provide documentation of Competent Certified Personnel responsible and trained to maintain and manage the WZTC as part of the Approved City Permit or Contract and a copy of the WZTC Contractor Certification shall be kept at all times with the approved permit or contract for the duration of the subject project, permit or contract.

  • Tenant shall not at any time be a Person that is not a Permitted Developer; provided, however, that Landlord hereby approves Tenant and Tenant’s Control Affiliates (as constituted on the date hereof) as permissible Project Participants.

  • The interim lease allows its rights to be assigned to a Permitted Developer not affiliated with FCRC under certain circumstances.

  • The interim lease allows its rights to be assigned to a Permitted Developer not affiliated with FCRC under certain circumstances On March 4, 2010, ESD as landlord entered into an agreement of interim lease with an FCRC affiliate (AYDC Interim Developer, LLC) as tenant with respect to land acquired by ESD on and adjoining Block 1129 (all lots on Block 1129 and the southerly half of Pacific Street between Carlton and Vanderbilt Avenues).

  • Prior to the Conversion Date, no Distribution of Net Operating Income shall be made to Borrower, Guarantor, or any Partner or Affiliate of Borrower or Guarantor for any purpose other than Permitted Developer Fee Payments in strict accordance with the Budget and Developer Fee Subordination Agreement.

  • Developer shall use the Specifications solely for the Permitted Developer Purpose.

  • Limited drilling was conducted at both Koka East and Koka South in 2010 with quartz stockwork mineralisation intersected at both prospects.

  • Notwithstanding the provisions of the Town and Country Planning General Permitted Developer Order 1995, (or any order revoking and re-enacting that Order), no tank for the storage of oils, fuels or chemicals shall be erected at the site unless it is positioned on an impervious base and surrounded by impervious bund walls.


More Definitions of Permitted Developer

Permitted Developer shall have the meaning ascribed in Section 10 of the Guarantee Agreement. "PERMITTED DEVELOPMENT ENTITY" shall be a corporation or limited partnership that does not satisfy the criteri a to be considered a "SUBSIDIARY" as contemplated in the definition thereof.
Permitted Developer means a legal entity composed only of (A) NYTC or its wholly-owned, single-purpose Control Affiliates, and/or (B) FC or its single-purpose Control Affiliates, and/or (C) Equity Investor or its wholly-owned, single-purpose Control Affiliates.

Related to Permitted Developer

  • Permitted Designee means (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.

  • Permitted Debt means any Financial Indebtedness:

  • permitted client means any of the following:

  • Permitted Country means any country listed on Schedule 4 to the Participation Agreement.

  • Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

  • Restricted Party means a person that is:

  • License Subsidiary means a direct or indirect wholly-owned Restricted Subsidiary of the Parent Borrower substantially all of the assets of which consist of Broadcast Licenses and related rights.

  • Permitted Deductions means the sum of, without duplication, the following costs or expenses:

  • Permitted Person means – the Representatives of the Recipient; and any other person to whom the Recipient discloses Confidential Information with the prior written consent of the Disclosing Party;

  • Project Finance Subsidiary means any Subsidiary of the Borrower as to which the creditors and other holders of Indebtedness of such Subsidiary have recourse solely against the assets of such Subsidiary and not against the Borrower or any other Subsidiary of the Borrower or any of their other assets (whether directly, through a Guarantee or otherwise) other than (i) pursuant to a Guarantee permitted hereunder and (ii) the stock of such Subsidiary (or similar equity interest).

  • Permitted Lessee means any Person to whom Company is permitted to lease the Airframe or any Engine pursuant to Section 7.02(a) of the Indenture and is a party to a Lease.

  • Permitted License means any non-exclusive license of patent rights of Borrower or its Subsidiaries so long as all such Permitted Licenses are granted to third parties in the Ordinary Course of Business, do not result in a legal transfer of title to the licensed property, and have been granted in exchange for fair consideration.

  • Permitted Recipients means the parties to this agreement, the employees of each party and any third parties engaged to perform obligations in connection with this Agreement;

  • Finance Subsidiary means, with respect to any Person, any Subsidiary of such Person which is primarily engaged in leasing or financing activities including (a) lease and purchase financing provided by such Subsidiary to dealers and consumers, (b) leasing or financing of installment receivables or otherwise providing banking, financial or insurance services to the Company and/or its affiliates or others or (c) financing the Company’s and/or its affiliates’ operations.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.

  • Permitted Persons means (A) the Company; (B) any Related Party; or (C) any group (as defined in Rule 13b-3 under the Exchange Act) comprised of any or all of the foregoing.

  • Permitted Occupier means if used in the Agreement, any person who is licensed or permitted by the Landlord to reside at the Property together with the Tenant and who does so as a rent free licensee of the Tenant.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal:

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • Permitted Intercompany Activities means any transactions between or among the Borrower and its Restricted Subsidiaries that are entered into in the ordinary course of business of the Borrower and its Restricted Subsidiaries and, in the good faith judgment of the Borrower are necessary or advisable in connection with the ownership or operation of the business of the Borrower and its Restricted Subsidiaries, including, but not limited to, (i) payroll, cash management, purchasing, insurance and hedging arrangements and (ii) management, technology and licensing arrangements.

  • Restricted Person means a person that is:

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Permitted Distribution means any of the following: