New Projects definition
Examples of New Projects in a sentence
New Projects, made possible through the reallocation of funds, should be entered into the NOVA system and certified by the Subrecipient as meeting the intention and requirements of the Strong Workforce Program legislation.
An amount not to exceed Thirty Million Dollars ($30,000,000) shall be for the implementation of New Projects that meet the Majority-in-Interest Threshold (“Discretionary Projects”).
All New Projects that are added to Licensed Non-Site Specific Destination Club Programs must initially be operated under the Licensed Marks in accordance with the System and this Agreement, it being acknowledged that such New Projects are subject to being Deflagged in accordance with the terms of this Agreement.
New Projects undergo a thorough review in accordance with Article 2 of this Addendum to assure they comply with the Design Standards.
New Projects may include new construction (ground-up), the addition of a phase at an Existing Resort (which has not been previously approved by Licensor), or the conversion of a previously existing property to a Project.