Non-Commencement definition

Non-Commencement means the cancellation of construction activity making a material change in a structure, or the cancellation of any other new development activity making a material change in the use or appearance of land.
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Non-Commencement means the cancellation of construction activity making a
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Examples of Non-Commencement in a sentence

  • Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof, before application to LIBO Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

  • Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof, before application to LIBO Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.15(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

  • Compensation For Breakage or Non-Commencement of Interest Periods .......................................................................32 E.

  • Compensation For Breakage or Non-Commencement of Interest Periods....................................................................

  • Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof, before application to LIBO RateTerm SOFR Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.15(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

  • Compensation For Breakage or Non-Commencement of Interest Periods.............................