Master DDA definition

Master DDA means a depositary account maintained by the Master DDA Securities Intermediary pursuant to the Master DDA Control Agreement or any successor securities account maintained pursuant to the Master DDA Control Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Master DDA means that certain Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) between the Agency and CPDC dated for reference purposes as of June 3, 2010 and recorded in the Official Records on November 18, 2010 as Document No. 2010-J083660-00 at Reel K273, Image 427, as amended by that certain First Amendment to Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) dated as of December 19, 2012 and recorded in the Official Records on February 11, 2013 as Document No. 2013J601487 at Reel K831, Image 0490, as amended by that certain Second Amendment to Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) dated December 1, 2014 and recorded in the Official Records on December 5, 2014 as Document No. J984039, as the same may be further amended or supplemented from time to time.

Master DDA means that certain Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) between the Agency and Master Developer dated for reference purposes as of June 3, 2010 and recorded in the Official Records on November 18, 2010 as Document No. 2010-J083660-00 at Reel K273, Image 427, as amended by that certain First Amendment to Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) dated as of December 19, 2012 and recorded in the Official Records on February 11, 2013 as Document No. 2013J601487 at Reel K831, Image 0490, as amended by that certain Second Amendment to Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) dated December 1, 2014 and recorded in the Official Records on December 5, 2014 as Document No. J984039, and by that certain Third Amendment to Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard) dated August 10, 2018 and recorded in the Official Records on August 13, 2018 as Document No. 2018-K654875-00, as the same may be further as amended, supplemented or restated from time to time.

Examples of Master DDA in a sentence

A further environmental analysis was undertaken by the Agency at the time of the approval of the Master DDA in November, 2002, and the parties recognize and agree that all applicable environmental proceedings pursuant to CEQA for the approval and execution of this Agreement have been duly taken by all parties.
Such work includes creating separate legal parcels in accordance with the CP/HPS Subdivision Code, grading and soil compacting such parcels, constructing necessary supporting infrastructure, including parks and open space, and otherwise preparing ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Lots on which the ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Replacement Projects will be developed (as more particularly described in the Master DDA as Infrastructure, the “▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Infrastructure”).
Until the Collection Date, the Borrower shall have no rights of direction or withdrawal, with respect to amounts held in the Collection Account (other than amounts remaining after giving effect to the application of Section 2.06(a)(I)(i) through (xi) and Sections 2.06(a)(II)(i) of this Agreement) or the Master DDA Account, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such account.
The Owner recognizes that the Agency has previously pledged to the Master Developer all tax increment revenues generated from properties located within the “Property” as said term is defined in the Master DDA.
Subject to the separate consent and instructions of the Owner and the Master Developer, the Escrow Agent is hereby authorized to establish a sub-escrow within the Site Transfer Escrow for the transfer of the Master DDA Property by the Agency to the Owner upon the payment to the Agency of the indicated amount of the purchase price for the Master DDA Property and the satisfaction of the other terms and conditions of the Master DDA Property transfer agreement by and between the Owner and the Master Developer.
The Owner also recognizes that the properties which comprise the Master DDA Property (defined in the Master DDA as the Property) only comprise a portion of the land area included within the Project Site.
The Agency shall not release or amend any USAF obligations regarding the Master DDA Property without the prior written consent of the Owner unless otherwise required by law.
The Master DDA contemplates the transformation of the ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Site into approximately one thousand one hundred twenty (1,126) new units of housing, including the one-for-one replacement of each of the existing two hundred fifty six (256) units at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ as of the Effective Date.
Upon acquisition by the Owner of any of the Project Site, all properties that comprise the Project Site will be subject to those terms and conditions required by the Master DDA as shall be contained in this Agreement and in the Agency Quit Claim Deed.
Reference to an agreement (including this Agreement, the Development Agreement, the Master DDA, the Retail Project DAA and all other contracts or agreements referenced herein) or any other document means that agreement or document as it may be amended, modified, supplemented or restated (including all extensions) from time to time in accordance with its terms (including on or prior to the Effective Date).

More Definitions of Master DDA

Master DDA means that certain Disposition and Development Agreement Hunters Point Shipyard Phase 1 between the Agency and HPS dated as of December 2, 2003 and recorded in the Official Records on April 5, 2005 as Document No. 2005H932190 at Reel I861, Image 564, as amended by that certain First Amendment to Disposition and Development Agreement ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ dated as of April 4, 2005 and recorded in the Official Records on April 5, 2005 as Document No. 2005H932191 at Reel I861, Image 565, and as further amended by that certain Second Amendment to Disposition and Development Agreement ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ dated as of October 17, 2006 and recorded in the Official Records on October 26, 2006 as Document No. 2006I275571 at Reel J254, Image 429, and as further amended by that certain Amendment to Attachment 10 (Schedule Of Performance For Infrastructure Development And Open Space “Build Out” Schedule Of Performance) to the Disposition And Development Agreement ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ dated as of August 5, 2008 and recorded in the Official Records on March 24, 2009 as Document No. 2009-I738449 at Reel J254, Image 429, and as further amended by that certain Fourth Amendment to Disposition and Development Agreement (Hunters Point Shipyard Phase 1) dated as of August 29, 2008 and recorded in the Official Records on March 24, 2009 as Document No. 2009-I738450 at Reel J854, Image 186, and as further amended by that certain Fifth Amendment to Disposition and Development Agreement (Hunters Point Shipyard Phase 1) dated as of November 3, 2009 and recorded in the Official Records on November 30, 2009 as Document No. 2009I879123 at Reel K28, Image 60, and as further amended by that certain Sixth Amendment to Disposition and Development Agreement (Hunters Point Shipyard Phase 1) dated as of December 19, 2012 and recorded in the Official Records on February 11, 2013 as Document No. 2013J601488, as the same may be further amended or supplemented from time to time.