Completed Building definition
Examples of Completed Building in a sentence
If the Developer has elected the option in Subsection III.A.4. and (i) has Completed Building A and Building C and has prepared the Building B Pad Site as a pad ready site, then it may construct all 314 of the aforesaid residential units in Phase 2 of the Project, unless (ii) a contract with the Anchor Business has been executed, in which case the Developer must Commence construction of Building B prior to Completion of the final 70 of the aforesaid residential units.
The Minimum Completed Building Area of the Building shall be calculated according to the provisions of the Park’s Site Development and Building Standards.
The Purchaser agrees to commence the Development on the Property by fully installing, at a minimum, the footings and foundation for the Building (“Commence”), having at least the Minimum Completed Building Area in accordance with the final approved Site Development Proposal and the Site Development and Building Standards, no later than eighteen (18) months (the “Commencement Date”) after the closing date of the Agreement of Purchase and Sale (the “Closing Date”).
Lessor shall deliver to Lessee the Completed Building Shell as defined herein this Addendum to Lease section 7b.
Yes No Vacant Land Completed Building Building Under Construction % of Construction Completed Expected Completion Date: Day/ Month/ Year Duplex Townhouse Condominium Apartment Yes No Yes No Yes No If yes, please provide copy.
If the Minimum Completed Building Area, as provided for in Clause 2 of this Buy- Back Agreement, is at least twenty (20) percent of the area of the Property, as defined in the Agreement of Purchase and Sale, the Purchaser shall be entitled to request a release of the Buy-Back Agreement once the Purchaser has substantially commenced construction of the Development on the Property to the roof-tight construction stage as provided for in the Agreement of Purchase and Sale.
Property Tax Revenue: Property Tax Revenue will be calculated as the tax revenue to be generated by the Construction Buildings and Completed Building based upon the Projected or Actual Assessed Value, as appropriate, and increased bi-annually at 2%, less the base amount, multiplied by the eligible Mill Levies less CSURA’s Administrative Fee.
The Purchaser’s Development, including the construction of the Building meeting the Minimum Completed Building Area, together with the full development of the entire Property in accordance with the approved final Site Development Proposal and the Site Development and Building Standards shall be completed not later than twenty-four (24) months after the Closing Date.
Upon Landlord's delivery of possession of the Substantially Completed Building Shell (or Tenant's early entry, as applicable, in accordance with Section 4.3 hereof), Tenant shall proceed to construct its Tenant Improvements in accordance with the terms of the Work Agreement and Section 18 below.
The Municipality’s rights to repurchase the Property pursuant to this Buy-Back Agreement shall continue in force until the Purchaser has completed the construction of the Building having the Minimum Completed Building Area as set out in the approved final Site Development Proposal and in compliance with the Site Development and Building Standards to the roof-tight stage.