PROJECT AND DEVELOPMENT Sample Clauses

PROJECT AND DEVELOPMENT. (i) The Promoter has commenced development of the said Larger Property in various phases and is now desirous to develop a land area of 24138.540 sq. mtrs. (including area of 5248.633 sq. mtrs. hereinafter referred to as “Building Area”)being part of the said Larger Property, more particularly described in Second Schedule hereto and hereinafter referred to as the “said Land”, under a new phase (hereinafter referred to as the “Phase II Project”). The Promoter intends to construct and develop the said Land as a Phase II Project for residential use and/or such other authorized use by optimum utilization of the Floor Area Ratio (FAR) together with the infrastructure and common areas and amenities thereof, in accordance with the applicable laws (after considering setback, ground coverage, green area, car parking etc.) as a colony. The Promoter has under its said obligation, commenced construction of the Phase II Project in accordance with the said plans, designs and specifications.
Sample 1
AutoNDA by SimpleDocs
PROJECT AND DEVELOPMENT. The Project shall consist of the items and/or parameters set forth in Exhibit B attached hereto. The Company shall commence construction of the Project by no later than thirty (30) days following the successful procurement of each permit related to each respective component of the Project and other governmental approvals, and shall complete construction and equipping of the Project within thirty (30) months after construction commencement, subject to permitted delays provided for in Section 3.03 hereof, with the first full assessment of the Project occurring the first full calendar year after construction completion. Notwithstanding the foregoing, the Company shall commence construction of the Project no later than April 11, 2024. The Company shall make a minimum capital investment in the Project of not less than Forty-Three Million Dollars ($43,000,000) within thirty (30) months following construction commencement, and following construction completion, the Company reasonably anticipates that the Project will be assessed at the values set forth on Exhibit C. Based on such assessed value, the Company and the Town anticipate that projected TIF Revenues (as defined in Section 4.02 hereof) will be generated in the amounts set forth on Exhibit C. In connection with the construction of the Project, the Company shall commence the public infrastructure portion of the Project concurrently with the construction of the other aspects of the Project such that the public infrastructure portion of the Project is not delayed.
Sample 1

Related to PROJECT AND DEVELOPMENT

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Training and Development 12.1 The parties are committed to, and acknowledge the mutual benefit to the employer and employee of planned human resource development and the provision and participation in relevant development opportunities (including accredited training).

  • Learning and Development (i) Managers and supervisors are responsible for promoting and supporting learning activities for employees in their area of responsibility.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement.

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

  • Creation and Development Fee If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust.

  • Development 3.3 Within twenty (20) Working Days after the Commencement Date and in accordance with paragraphs 3.10 to 3.12 (Amendment and Revision), the Contractor will prepare and deliver to the Authority for approval the full and final Security Plan which will be based on the draft Security Plan set out in Appendix B.

  • Skills Development The Company acknowledges the changing pace of technology in the electrical contracting industry and the need for employees to understand those changes and have the necessary skill requirements to keep the Company at the forefront of the industry. The Parties to this Agreement recognise that in order to increase the efficiency, productivity and competitiveness of the Company, a commitment to training and skill development is required. Accordingly, the parties commit themselves to:

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Project Planning GOVERNMENTAL APPROVALS; ENVIRONMENTAL COMPLIANCE; PUBLIC INFORMATION 30 4.1 Planning and Engineering Activities 30 4.2 Site Conditions 30 4.3 Governmental Approvals 30 4.4 Environmental Compliance 34 4.5 Community Outreach and Public Information 35

Time is Money Join Law Insider Premium to draft better contracts faster.