Final Approvals definition

Final Approvals means:

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Final Approvals means all Construction Approvals, together with other necessary approvals from applicable governmental authorities, in each case which are (i) not subject to an active appeal or challenge (in an appropriate proceeding before the relevant reviewing or appellate body) and (ii) has not been subject to such an active appeal or challenge for a period of at least 60 days (or, if a shorter period is expressly prescribed by applicable law, such shorter period), relating to the occupancy and use of a Site by a Transferring Subsidiary, including, without limitation, a certificate of occupancy, if required.

Final Approvals means all site development plan, variance, zoning, regulatory, and other governmental approvals (not to be construed to include, however, a building permit for the construction of any improvements) to permit construction, completion, and operation of a multifamily residential project containing no fewer than 225 Units, with all related amenities, pursuant to a site development plan approved in the sole discretion of the Purchaser, as Purchaser deems to be appropriate and marketable and substantially similar to the multifamily residential project depicted on Schedule 1.05

Examples of Final Approvals in a sentence

• In either case, the period of employment shall continue until the end of the month of Employee's death or the inability to obtain the Georgia Department's and FDIC's Final Approvals.

• In either case, the period of employment shall continue until the end of the month of Employee's death or the inability to obtain the OCC's and FDIC's Final Approvals.

• In any such event, the period of employment shall continue until the earlier of the end of the month during which Employee dies or it becomes evident that the Final Approvals will not be obtained or the Minimum Capital will not be raised.

• For all services to be rendered by Employee during the term of this Agreement, Employer shall pay Employee in accordance with the terms set forth in Exhibit A; provided, however, that any compensation payable to --------- -------- ------- Employee from the date of Employer's filing of the Application until the OCC's and FDIC's Final Approvals shall accrue.

• As soon as practicable after Employer's receipt of the OCC's and FDIC's Final Approvals, Employer shall pay Employee all accrued compensation in a lump sum payment and, thereafter, in accordance with the terms set forth in Exhibit A, net of applicable --------- withholdings, payable in bi-weekly installments.

• SELLER acknowledges and agrees that this Agreement and all Property Lists and Final Approvals shall be governed by and interpreted in accordance with the laws of the State of Texas and the exclusive venue for any action arising under this Agreement shall be the Federal District Court for the Northern District of Texas, Amarillo Division and the Texas District Courts for Potter County, Texas.

• This Agreement and Property Lists and Final Approvals may be executed in multiple original counterparts, each of which shall be deemed an original for all purposes.

• Tenant shall be solely responsible and liable for obtaining any and all Final Approvals necessary for and with respect to the Project, including without limitation, the Improvements, and Tenant shall diligently pursue the issuance thereof from and after the Commencement Date to the extent not already obtained prior to the Commencement Date.

• A description of the Final Approvals is attached hereto as Exhibit C.

• In either case, the period of employment shall continue until the end of the month of Employee’s death or the inability to obtain the Georgia Department’s and FDIC’s Final Approvals.

More Definitions of Final Approvals

Final Approvals means Approvals permitting the Intended Use on the Property, for which all applicable appeal periods have expired. Seller shall fully cooperate with Purchaser in obtaining the Final Approvals. Within two (2) business days of receipt of request from Purchaser, Seller agrees to execute any and all normal and customary documents as may be required by such governmental authorities to facilitate the Final Approvals of the Property including, but not limited to, applications or any appeals that Purchaser desires to pursue in connection herewith. In the event Purchaser cannot obtain the proper entitlements, approvals and/or Final Approvals for Purchaser's Intended Use, Purchaser shall have the right to terminate the Agreement at any time without any further liabilities or obligations, and shall be entitled to a full refund of the ▇▇▇▇▇▇▇ Money Deposit. Upon such termination, neither Party shall have any further rights or obligations under this Agreement except those rights and obligations that expressly survive termination.

Final Approvals as used herein, shall mean that all Approvals have been obtained and all appeal periods have expired with no appeals having been filed, or in the event that an appeal has been filed, upon the favorable disposition of such appeal without the filing of a further appeal. Buyer shall be solely responsible for all costs incurred in obtaining the Final Approvals. Notwithstanding the foregoing, the Final Approvals shall be deemed to have been received if all Final Approvals for the development of Phase II and Phase III have been obtained.

Final Approvals shall have the meaning set forth in N.J.S.A. 40:55D-4 and shall mean un-appealable and any and all appeals filed shall have been denied.

Final Approvals means all site development plan, variance, zoning, regulatory, and other governmental approvals (not to be construed to include, however, a building permit for the construction of any improvements) to permit construction, completion, and operation of a multifamily residential project containing no fewer than 225 Units, with all related amenities, pursuant to a site development plan approved in the sole discretion of the Purchaser, as Purchaser deems to be appropriate and marketable and substantially similar to the multifamily residential project depicted on Schedule 1.05(a) attached hereto and incorporated herein (collectively, the “Project”), with no amendments or conditions thereto not consented to by Purchaser, and all appeals or challenges thereto having been finally resolved in favor of Purchaser (or the period for filing any such appeals or challenges having expired without any such appeals or challenges having been filed). Purchaser shall use commercially reasonable and diligent efforts to apply for Final Approvals as soon as possible and in no event later than sixty (60) days following expiration of the Examination Period (the “Application Deadline”) and Purchaser shall diligently and in good faith pursue such approvals of its site development plan for the Project as may be required by ▇▇▇▇▇▇ County, Maryland. Prior to submitting any applications for any approval to ▇▇▇▇▇▇ County, Purchaser shall first submit the same to Seller for its prior review (the “Application Submissions”), and Seller shall have a right to approve or disapprove such applications; provided that Seller may disapprove such applications to the extent they seek approval for an item that will be in conflict with or otherwise disallowed by the Existing Encumbrances or will be in conflict with the conceptual plan for the Project set forth on Schedule 1.05(a) attached hereto. If Seller does not deliver a written response to such submission by Purchaser within 10 business days after receipt from Purchaser, then Purchaser shall send a reminder notice with the following marked in bold: “Final Notice Regarding Application Approval Request” and if Seller shall not respond within the five (5) business days then such application shall be deemed approved by Seller. Purchaser shall receive a business day-for-business day extension to the Application Deadline, the Approvals Deadline, and the Outside Closing Date for each day following the fifth business day after any Application Submission on ...