Development Lot definition
Examples of Development Lot in a sentence
Use this paragraph if Proposed Lot 104 and 105 is to be transferred] The Transferor wishes to transfer Development Lot 104 and 105 to the Transferee.
The Notice shall also include a schedule by which the applicable Parking Facilities, Street Grid Improvements, Utilities, any other public infrastructure related to the proposed development will be developed and a schedule by which the proposed project on the Development Lot will be developed (collectively, the “Proposed Development Schedule”).
In addition to the foregoing, Lonza agrees to use Commercially Reasonable Best Efforts by [*] to manufacture at commercial scale and fill the first (1st) Successful Development Lot, as further defined in the Tech Transfer Agreement (the “Development Run Initiation”).
After determination of the Permitted Exceptions in accordance with Section 3.2.3 of the Master Development Agreement, if the County causes or permits the interest of the County in any Development Lot to be encumbered by a matter which is not a Permitted Exception, the County shall take all necessary and appropriate actions to remove or resolve such matter to the reasonable satisfaction of Developer.
The Company and Executive have separately entered into a purchase and sale agreement (the "Bachelor Gulch Purchase") which provides for Executive to acquire Lot 99 in the Company's Bachelor Gulch Development ("Lot 99"), as well as a Bachelor Gulch Club Membership.