Permitted Developer definition

Permitted Developer shall have the meaning assigned to such term in Section 10 of the Guarantee Agreement.
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Permitted Developer means a legal entity composed only of NYTC or its wholly-owned, single-purpose Control Affiliates.
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Permitted Developer shall not assign its interest in the Permitted Development Entity prior to the completion of the proposed project and the passage of one year;
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Examples of Permitted Developer in a sentence

  • For purposes of this Section 3: (A) End User Lessee means a Lessee who is the end user ultimately using the leased Apple Software solely for Permitted Developer Services; and (B) Permitted Developer Services means continuous integration services, including but not limited to software development, building software from source, automated testing during software development, and running necessary developer tools to support such activities.

  • Tenant shall not at any time be a Person that is not a Permitted Developer; provided, however, that Landlord hereby approves Tenant and Tenant’s Control Affiliates (as constituted on the date hereof) as permissible Project Participants.

  • In addition, payments for Developer Fee shall not exceed the Permitted Developer Fee Payment.

  • The Developer shall not do any act or thing 666 that will create any Encumbrance except for any Permitted Developer Encumbrances against the 667 Parking System and shall promptly remove any Encumbrance against the Parking System, except 668 for any Permitted Developer Encumbrances unless the Encumbrance came into existence as a 669 result of an act of or omission by the City or a Person claiming through it which in turn was not 670 caused by an act or omission of the Developer.

  • Prior to the Conversion Date, no Distribution of Net Operating Income shall be made to Borrower, Guarantor, or any Partner or Affiliate of Borrower or Guarantor for any purpose other than Permitted Developer Fee Payments in strict accordance with the Budget and Developer Fee Subordination Agreement.

  • Developer shall use the Specifications solely for the Permitted Developer Purpose.

  • Tenant shall not at any time be a Person that is not a Permitted Developer; PROVIDED, HOWEVER, that Landlord hereby approves Tenant and Tenant's Control Affiliates (as constituted on the date hereof) as permissible Project Participants.


More Definitions of Permitted Developer

Permitted Developer shall have the meaning ascribed in Section 10 of the Guarantee Agreement. "PERMITTED DEVELOPMENT ENTITY" shall be a corporation or limited partnership that does not satisfy the criteri a to be considered a "SUBSIDIARY" as contemplated in the definition thereof.
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Permitted Developer means a legal entity composed only of (A) NYTC or its wholly-owned, single-purpose Control Affiliates, and/or (B) FC or its single-purpose Control Affiliates, and/or (C) Equity Investor or its wholly-owned, single-purpose Control Affiliates.
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Related to Permitted Developer

  • Permitted Designee means (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

  • Permitted Party has the meaning given to it in clause 30.7 (Disclosure of information).

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.

  • Permitted Debt means any Financial Indebtedness:

  • permitted client means any of the following: