Legally established definition

Legally established means, in relation to any lot or development, any lot for which a title has been issued, or any dwelling, commercial or industrial unit or other structure for which a building consent or code compliance certificate has been issued. Legally established development includes buildings and structures that can be shown to have been in existence when this policy first became operative on 1 July 2021, but have since been demolished.
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Legally established means, in relation to any lot or development, any lot for which a title has been issued, or any dwelling, commercial or industrial unit for which a code of compliance has
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Legally established means, in relation to any lot or development, any lot for which a title has been issued, or any dwelling, commercial or industrial unit for which a code of compliance has been issued. Legally established development includes buildings and structures demolished since the first introduction of this policy on 1 July 2008, or those demolished up to three years prior to that date and for which a financial contribution can be shown to have been paid.
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Examples of Legally established in a sentence

  • Legally established company or organization in their country of origin for at least 5 years before the launch date of this RFP.


More Definitions of Legally established

Legally established means, any lot for which a title has been issued, or any dwelling, commercial or industrial unit for which a code of compliance has been issued.
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Related to Legally established

  • Established means present in a country, state, county or other area, multiplying and expected to continue.

  • Board-Established Criteria means criteria that the Board of a Regulated Fund may establish from time to time to describe the characteristics of Potential Co-Investment Transactions regarding which the Adviser to the Regulated Fund should be notified under Condition 1. The Board-Established Criteria will be consistent with the Regulated Fund’s Objectives and Strategies (defined below). If no Board-Established Criteria are in effect, then the Regulated Fund’s Adviser will be notified of all Potential Co-Investment Transactions that fall within the Regulated Fund’s then-current Objectives and Strategies. Board-Established Criteria will be objective and testable, meaning that they will be based on observable information, such as industry/sector of the issuer, minimum EBITDA of the issuer, asset class of the investment opportunity or required commitment size, and not on characteristics that involve a discretionary assessment. The Adviser to the Regulated Fund may from time to time recommend criteria for the Board’s consideration, but Board-Established Criteria will only become effective if approved by a majority of the Independent Directors (defined below). The Independent Directors of a Regulated Fund may at any time rescind, suspend or qualify their approval of any Board-Established Criteria, though Applicants anticipate that, under normal circumstances, the Board would not modify these criteria more often than quarterly.

  • educational establishment means any university, college, school or other educational establishment;

  • Financially Evaluated Entity means the company which has been evaluated for the satisfaction of the financial requirement set forth in Clause 2.1.3 hereof;

  • Reinvestment Plan means the distribution reinvestment plan for the ETFs, as described under the heading “Distribution Policy – Distribution Reinvestment Plan”;