Development Prototypes Sample Clauses
Development Prototypes. In order to assist Buyer’s integration of the Product Antenna System into the Row 44 Service, to test compliance of the Product Antenna System and to assist in development of the Product Antenna System, ***, Seller shall fabricate *** prototype “red label” Product Antenna Systems, including, ***. In addition, Seller will provide Buyer a *** for purposes of Buyer’s ***. Upon Black Label Approval, Seller agrees to upgrade and/or retrofit *** provided to Buyer for use on its flight test aircraft , unless such upgrade and/or retrofit is not reasonably practical given the changes made to the antenna design since the date of delivery.
Development Prototypes. The findings of the survey will be used to establish the set of prototypes to be used in the financial feasibility testing and will become the starting place for the Residential Nexus Analysis. The survey will determine to what extent the five ownership prototypes analyzed by BAE in 2008 are still relevant, what adjustments should be made to reflect market trends, what additional prototypes are relevant, and what rental prototypes are appropriate for the analysis. Construction Trends – KMA will assemble historic residential building permit, housing vacancy/available supply, and home price data. These data will be useful in determining threshold market conditions for activating a range of affordable housing obligations. Affordability Gap – The “affordability gap” is the financial burden associated with developing each affordable unit. To calculate the affordability gaps, KMA will apply the City’s affordable rent and sales price formula to the identified prototypes to establish maximum rents and sales prices at extremely low, very low, low, and moderate-income affordability levels. For ownership units, the affordability gap is the difference between the market rate price and the price of the unit with an affordable income restriction. For rental units, the affordability gap is the difference between the capitalized income of affordable rents and market rents. The affordability gap calculations will be used in the financial feasibility testing (Task 4) and mixed income requirement levels (on site or fee).
