Phase or Phases definition

Phase or Phases the division of the Land into parcels as generally depicted on Exhibit “A-1” hereto and as referenced in the Takedown Schedule on Exhibit “B” hereto. The “Final Phase,” as such term is used in this Agreement shall mean the last Phase that is required to be purchased pursuant to this Agreement. If the takedown of the Phases is reordered in accordance with the flexibility language included on Exhibit “B,” assuming no permitted termination or default by any of the Parties hereunder, the Final Phase will be the last one of five (5) required to be purchased.

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Phase or Phases means a distinct phase (or part of a phase as proposed within a Reserved Matters Application) of the Development shown for indicative purposes on the Phasing Strategy un less othe1wise agreed in writing between the Borough Council and the Owner;

Phase or Phases means one of the three phases of the Collaborative Program, or collectively the [***] Phase, the [***] Phase, and the [***] Phase.

Examples of Phase or Phases in a sentence

If this Lease is terminated (either entirely or as to one or more Phase) as a result of a Casualty, Tenant or those claiming under Tenant shall use Property Insurance Proceeds to remove all debris from, fill any substantial excavations in and return the Premises, or the applicable Phase or Phases, to a level, safe and vacant condition, and the remaining Property Insurance Proceeds shall be paid to and belong to Landlord).
Once the Plan is prepared and completed and one or more Properties are acquired for a Phase or Phases, then as to each Phase to be implemented pursuant to a Phase Affordable Housing Agreement and, as applicable, Phase Implementation Agreement Developer may change and select a different architect for a Phase or Phases, but each new architect shall be subject to the prior approval of Authority and if approved shall then be the Project Architect.
If Force Majeure prevents performance by one party of its obligations hereunder in whole or in part for more than thirty (30) days, the other party shall have the right to terminate any remaining Phase or Phases of the Project or the remainder of this Agreement upon written notice to the non-performing party.
In such event, this Lease shall terminate (either entirely or as to the applicable Phase or Phases) thirty (30) days following such Notice, effective as of the date of such Casualty.
The aggregate amount of the Purchase Price shall be allocated among Phases 1, 2, and 3 comprising the Property as follows: Phase 1 $37,000,000 Phase 2 $36,000,000 Phase 3 $ 8,000,000 Notwithstanding the foregoing allocations, the Property will be purchased and sold only in its entirety and no individual Phase or Phases thereof may be separately purchased.
The Land shall be conveyed as herein provided, in two phases ("Phase I," "Phase II," and generally, "Phase" or "Phases").
The Owner shall not Commence Development of the Phase or Phases of the Development within which the Play, Green Space and Sports Facilities is being provided until they have submitted to the Borough Council for approval a Play, Green Space and Sports Facilities Scheme.
Services on portions of Phase 2 may run concurrently with Services on portions of another Phase (or Phases) of the Project (to the extent a Notice to Proceed has been issued with respect to such Phase).
If Buyer elects to close the purchase contemplated herein in Phases, all Phases must be closed by the Outside Closing Date; however, such Outside Closing Date may differ as to one or more Phases if Buyer has extended the Outside Closing Date for such Phase or Phases pursuant to Section 4.2 and/or Section 4.3.
Notwithstanding anything to the contrary, Developer may elect to develop, in Developer's sole and absolute discretion, the Optional Program, in whole or in parts, at any time and during or after any Phase or Phases.

More Definitions of Phase or Phases

Phase or Phases. A discrete portion of the Work or sequencing of the Work.

Phase or Phases means construction of a functional portion of the Work in three stages as set forth in Exhibit B, attached hereto and incorporated herein by reference.