Development lease definition
Development lease means a lease that allows the use of the surface of state lands for underground natural gas storage activities.
Development lease has the meaning provided in Recital 32(e) of this Agreement.
Development lease means a lease that allows the use of the surface of state lands for gas storage activities.
More Definitions of Development lease
Development lease means a lease that allows the use of the surface of state lands for oil and gas exploration, development, and production.
Development lease has the meaning given to such term in the Concession.
Development lease means this Development Lease and all attached exhibits together with any duly authorized and executed amendment hereto.
Development lease means an auction lease or a direct lease that allows nonmetallic minerals exploration, mining, or production on the surface of the leased land in compliance with the department’s standard nonmetallic minerals lease terms.
Development lease shall have the meaning ascribed to that term in the Concession Agreement.
Development lease means collectively that certain Apartment Ground Sublease (between the Authority and the Developer) dated July 31, 2008, and that certain Liner Building Ground Sublease (between the Authority and the Tenant) dated July 31, 2008, providing for the for conveyance of a subleasehold interest in the Lease Property to the Developer and the Developer’s development of the Lease Property.
Development lease means a commercial lease or combination of interconnected commercial leases that may contain an expanded term not to exceed the number of years specified in 41 PC 5-113 of this chapter when executed pursuant to this chapter.