Developer Conditions Precedent definition

Developer Conditions Precedent has the meaning set forth in Appendix 3 (Financial Close Procedures and Conditions).
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Developer Conditions Precedent has the meaning given to it in clause 2.4; "Developer Conditions" are the conditions defined in clause 2.12; "Development Rights" has the meaning given to it in clause 3.1(a);
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Developer Conditions Precedent means those conditions precedent to the Effective 391 Date that are for the benefit of the Developer, as set forth in Section 2.5.
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Examples of Developer Conditions Precedent in a sentence

  • Disburse funds as provided in Section 2.6.3(g) below and record the Grant Deed, Parcel J Conservation Easement, Memorandum of DDA, Affordable Housing Covenant, Public Improvement Construction and Maintenance Agreement, Facilities Lease – County Morgue and Health Services Administration, and Subordination Agreement when the Developer Conditions Precedent and County Conditions Precedent have been fulfilled or waived in writing by Developer and County, as applicable.

  • Subject to Section 2.3 above, the Escrow for conveyance of the Disposition Property shall close (“Close of Escrow”) within 30 days after the satisfaction,or waiver by the appropriate party, of the County Conditions Precedent and Developer Conditions Precedent, which shall occur in no event later than the Outside Date.

  • The Developer Conditions Precedent are solely for the benefit of Developer and shall be fulfilled or waived, if applicable, within the time periods provided for herein, and in any event, no later than the Outside Date.

  • Article 6 of the Project Agreement identifies the PGCPS Conditions Precedent, Developer Conditions Precedent, and Mutual Conditions Precedent and the rights of the parties with respect to each such event.

  • Developer Conditions Precedent means the conditions precedent specified in Section 2.4 excluding the Authority Conditions Precedent.

  • Developer Conditions Precedent: The following items occurring prior to the dates set forth in the Schedule of Performance shall be conditions precedent to the Developer’s obligation to close escrow on the Lease.

  • Without limiting anything set forth in Xxxxxxxx 0, Xxxxxxxxx Xxxxx shall not occur until each of the: Developer Conditions Precedent has been satisfied by the Developer or waived in writing by the County in its discretion; and each of the County Conditions Precedent has been satisfied by the County or waived in writing by the Developer in its sole discretion.

  • Subject to Section 2.3 above, the Escrow for conveyance of the Disposition Property shall close (“Close of Escrow”) within 30 days after the satisfaction, or waiver by the appropriate party, of the County Conditions Precedent and Developer Conditions Precedent, which shall occur in no event later than the Outside Date.

  • If (a) Financial Close occurs after the Proposal Validity Period End Date, and (b) the Developer used reasonable commercial efforts to achieve the Developer Conditions Precedent, the Capital Charge shall be adjusted, as part of the Initial Base Case Financial Model update completed pursuant to Section 3.1(d), to reflect the adjustment to the Design-Build Contract Price calculated in accordance with Section 12.2 of this Appendix.

  • The Procuring Entity shall make all reasonable endeavours to satisfy the Procuring Entity’s Conditions Precedent and within the time stipulated in Clause 5.8 and the Developer shall make all reasonable endeavours to satisfy the Developer Conditions Precedent within the time stipulated in Clause 5.7 and each Party and shall provide the other Party with such reasonable cooperation as may be required to assist that Party in satisfying its respective Conditions Precedent.


More Definitions of Developer Conditions Precedent

Developer Conditions Precedent is defined in Section 2.4. “Developer Pre-Approved Exceptions” is defined in Section 2.8. “Developer Title Policy” is defined in Section 2.9.1.
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Developer Conditions Precedent means the conditions precedent specified in Section 2.4 excluding the Authority Conditions Precedent.
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Related to Developer Conditions Precedent

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • Product Conditions means these product terms and conditions. These Product Conditions apply to each series of cash settled Warrants over single equities;

  • Extension Conditions Defined in Section 3.06(a).

  • Poor foundation conditions means those areas where features exist which indicate that a natural or man-induced event may result in inadequate foundation support for the structural components of an SWLF unit.

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Payment Conditions means, at the time of determination with respect to a proposed payment to fund a Specified Transaction, that:

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Licence Conditions means the licence terms and conditions contained in this document, as amended from time to time in accordance with this agreement.

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • Litigation Conditions has the meaning set forth in Section 11.3.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • LC Conditions has the meaning given to such term in Section 2.9.

  • Satisfied means paid-in-full.

  • Conditions means the standard terms and conditions of sale set out in this document and (unless the context otherwise requires) includes any special terms and conditions agreed in writing between the Buyer and the Seller.

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).