Development Progress Report Clause Samples

Development Progress Report. In the event that the Borrower does not submit a request for payment for any month during the Development Period, submit a report to the Lender for such month setting forth the progress on the development of the Fairway Village I Project.
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Development Progress Report. A report prepared in the form of a matrix and describing the progress of real estate development as of the date of the report. The following information is to be provided for each Project that has received at least a written Recommendation from the RVMA Design Review Committee: Project Site, ownership type, zoning designations, allowed and approved density in square feet, total gross square feet constructed or to be constructed, numbers of units, and the ‘doors to hall’. The matrix will include the percentage of development each Project Site represents in or outside of the Resort Core and of the total approved density for the SPA. The dates of approval by the DRC, planning commission and BCC will also be included as applicable. The report will be updated annually to reflect the cumulative development from year to year.
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Development Progress Report. ‌ (a) During the Construction Phase, the Borrower shall provide the Agent with a copy to the Monitoring Surveyor, within five Business Days after the end of each calendar month a written Development Progress Report in a form acceptable to the Agent, which report shall include, as a minimum: (i) a breakdown of the costs and expenses incurred by the Borrower in connection with the Development to date (including details of any VAT and whether or not the Borrower is entitled to credit or repayment from the relevant Tax Authority in respect of it) together with a comparison towards the then prevailing Construction Budget; (ii) a breakdown of the operation and maintenance costs and expenses incurred together with a comparison towards the then prevailing Operating Budget; (iii) progress and percentage of completion in terms of technical and operational capacity of the [] (including net deliverable capacity); (iv) any material delays and deviations from the Project Budget and the relevant Construction Budget; (v) information on any incident outside the ordinary course of business; (vi) minutes of all project and site meetings held in connection with the Development together with copies of all material documents including test certificates, specialist reports and variations to the agreed CAPEX program and all management accounts and cashflows prepared by or for the Borrower and which relate to the Development; (vii) a schedule of the existing occupational tenants under each Eligible Lease and Non-Eligible Lease showing for each tenant the rent, service charge, VAT and any other payments payable (and, separately, paid) in the previous rental quarter by each of those tenants; (viii) details of any arrears of rent or service charges under any Eligible Lease or Non-Eligible Lease and any steps being taken to recover them; (ix) details of any rent reviews with respect to any Eligible Lease in progress or agreed; (x) details of any Eligible Lease which has expired or been determined or surrendered and any new lettings and licences proposed; (xi) copies of all amendments or waivers made or given in relation to the Development Documents whether or not requiring the Agent's consent pursuant to the terms of this Agreement; and (xii) any other matters that may reasonably be required and requested from time to time by the Monitoring Surveyor or the Agent.
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Related to Development Progress Report

  • Progress Report By March 1 of each year, ***** will submit a written annual report to Stanford covering the preceding calendar year. The report will include information sufficient to enable Stanford to satisfy reporting requirements of the U.S. Government and for Stanford to ascertain progress by ***** toward meeting this Agreement’s diligence requirements. Each report will describe, where relevant: *****’s progress toward commercialization of Licensed Product, including work completed, key scientific discoveries, summary of work-in-progress, current schedule of anticipated events or milestones, market plans for introduction of Licensed Product, and significant corporate transactions involving Licensed Product. ***** will specifically describe how each Licensed Product is related to each Licensed Patent.

  • Progress Reports The Recipient shall submit to the OPWC, at the OPWC's request, summary reports detailing the progress of the Project pursuant to this Agreement and any additional reports containing such information as the OPWC may reasonably require.

  • Development Reports Beginning six months after Effective Date and ending on the date of first commercial sale of a Licensed Product in the United States, LICENSEE shall report to Cornell progress covering LICENSEE's (and Affiliate's and Sublicensee's) activities and efforts in the development of rights granted to LICENSEE under this Agreement for the preceding six months. The report shall include, but not be limited to, activities and efforts to develop and test all Licensed Products and obtain governmental approvals necessary for marketing the same. Such semi-annual reports shall be due within sixty days (60) of the reporting period and shall use the form as provided herein as Appendix C.

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • Commercialization Reports Throughout the term of this Agreement and during the Sell-Off Period, and within thirty (30) days of December 31st of each year, Company will deliver to University written reports of Company’s and Sublicensees’ efforts and plans to develop and commercialize the innovations covered by the Licensed Rights and to make and sell Licensed Products. Company will have no obligation to prepare commercialization reports in years where (a) Company delivers to University a written Sales Report with active sales, and (b) Company has fulfilled all Performance Milestones. In relation to each of the Performance Milestones each commercialization report will include sufficient information to demonstrate achievement of those Performance Milestones and will set out timeframes and plans for achieving those Performance Milestones which have not yet been met.