MUP Approval definition

MUP Approval means receipt of a MUP Decision in a form that does not attach conditions that materially (i) increase the costs, (ii) impair the functionality or marketability, or
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Examples of MUP Approval in a sentence

  • City acknowledges that Bosa will seek either a major amendment to or replacement of the Master Use Permit previously issued to Triad for the project described in the City Agreements and Closing shall be conditioned upon occurrence of the MUP Approval.

  • City agrees that Bosa’s pursuit of the MUP Approval will not impair Triad’s rights under the City Agreements, or any permit applications or permits issued to Triad in connection therewith, all of which shall be governed solely by their terms and Applicable Law.

  • Promptly apply for the MUP and diligently pursue the MUP Approval and the issuance of all other permits and approvals necessary for the development and construction of the Project in accordance with this Agreement, the Development Schedule and Applicable Law.