Future Project definition

Future Project means any Private Improvements that will be constructed in the future not specifically detailed in this Agreement.

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Future Project shall not include, however, the Project which is the subject of the Operating Agreement.

Future Project has the meaning set forth in Recital D to this Agreement.

Examples of Future Project in a sentence

Any such Proposed Substitute Future Project shall be located within the Geographic Area and, except as specifically noted in writing by Homestead, shall conform, to Homestead's then current knowledge, to the Prototypical Project requirements.
Borrower shall not apply any advances of Loan proceeds to costs other than those incurred in connection with the subject Future Project or Project for which the advance has been made.
Requests for advances of Loan proceeds hereunder may include amounts required to reimburse Homestead for the costs and expenses incurred by Homestead in its due diligence review of any such Future Project, as well as all costs incurred in connection with its efforts to secure the Permits required for development of any such Future Project.
Homestead may select a Proposed Substitute Future Project from its then contemplated Homestead Village projects which Homestead is considering pursuing or, if all such contemplated projects are then already included within the list of Future Projects under this Agreement, then Homestead may delay in identifying a Proposed Substitute Future Project until, in the ordinary course of its business, a new site for a contemplated Homestead Village project is identified within the Geographic Area.
The maximum amount of Loan proceeds that will be available to fund such Future Project (if Homestead thereafter delivers an Acquisition Notice for such Project) shall be equal to the Loan amount originally allocated to the applicable Rejected Project in Exhibit A.

More Definitions of Future Project

Future Project means any apartment project constructed by WPHC, WRPT or an Affiliate of them (provided that WPHC or WRPT directly or indirectly owns 50% or more of such Affiliate), which project is constructed on the Master Development Land. "Future Project" shall not include, however, the Project which is the subject of the Operating Agreement.

Future Project means each Qualified Project for which a Project Loan will be made hereunder after the Initial Closing Date.

Future Project means any producing mining project owned by a Credit Party that is not a producing mining project as at the date of this Agreement.

Future Project means each Project for which approval for inclusion as Eligible Property has been obtained after the initial Closing Date, subject to the approval conditions set forth herein.

Future Project means a Project started or contemplated after a sub-lease has been entered into, for which no previous consent has been issued.

Future Project means a Future Project Opportunity that is approved by Supermajority Approval.

Future Project means the construction, development and completion of any Future Project Improvements or other Alterations to all or any portion of the Property (other than the Timeshare Project Property), including (without limitation) the repair, renovation, replacement and/or installation of FF&E and any other Capital Expenditures at the Property (other than the Timeshare Project Property), in each case where the reasonably estimated amount of total Project Costs to be incurred in connection with such Future Project, together with the estimated amount of costs reasonably expected to be incurred in connection with all other Alterations with respect to all or any portion of the Property (other than the Timeshare Project Property) that would reasonably be considered to constitute a single project or group of related projects then being conducted or contemplated, shall exceed $2,500,000 in the aggregate, in each case as more particularly described in the applicable Project Documents relating to such Future Project, and all activities in furtherance thereof.