PNMR Development definition

PNMR Development means PNMR Development and Management Corporation, a New Mexico corporation.
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Examples of PNMR Development in a sentence

  • The activities of PNMR Development, NM Capital, and the equity method investment in NMRD are also included in Corporate and Other.

  • Facility Lease dated as of August 12, 1986 between 1/15/2016 $ 9,569,653.00 PNM and U.S. Bank National Association (successor to State Street Bank and Trust Company, successor to The First National Bank of Boston), as Owner Trustee under a Trust Agreement dated as of August 12, 1986, with PNM (successor to PNMR Development and Management Corp., successor to Palo Verde Leasing Corporation, successor to First Chicago Lease Holdings, Inc.), as Owner Participant, as amended.

  • Facility Lease dated as of August 12, 1986 Between 1/15/2016 $ 9,569,653.00 PNM and U.S. Bank National Association (successor to State Street Bank and Trust Company, successor to The First National Bank of Boston), as Owner Trustee under a Trust Agreement dated as of August 12, 1986, with PNM (successor to PNMR Development and Management Corp., successor to Palo Verde Leasing Corporation, successor to First Chicago Lease Holdings, Inc.), as Owner Participant, as amended.

  • Trust provisions substantially as shown below are considered to be the “Mandatory Provisions” for the individual Party Reclamation Trust Agreements (each a “Trust Agreement”), as required by Section 4.1 of the Amended and Restated Mine Reclamation Agreement among the San Xxxx Project Participants and PNMR Development and Management Corporation (for purposes of this Exhibit 3, the “Mine Reclamation Agreement”).

  • No additional consideration shall be paid by PNM to PNMR Development in connection with the assignment and conveyance provided for herein.

  • PNM and PNMR Development shall at any time and from time to time and without additional consideration take such actions and deliver such documents as may be necessary to effectuate the purposes of this Agreement.

  • Prior to November 2005, PNMR Development held a one-third interest in the Luna Energy Facility.

  • PNMR Development owned a beneficial interest in Unit 2 lease in PVNGS, which it transferred to PNM on July 24, 2009.

  • Generation interconnection requests are submitted to PNM by two divisions within PNM, Strategic Energy Planning and Development and Technical Services, as well as another subsidiary of PNMR, PNMR Development and Management Corporation (PNMR Development).

  • On February 20, 2005, the one-third interest in the Luna Energy Facility owned by the LLC was transferred to PNMR Development.

Related to PNMR Development

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • Cluster development means a contiguous cluster or

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Development means any man-made change to improved or unimproved real estate, including, but not limited to, buildings or other structures, mining, dredging, filling, grading, paving, excavation or drilling operations, or storage of equipment or materials.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, multi-apartment buildings, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Economic development incentive means a financial incentive,

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Planned unit development means a subdivision characterized by a unified site design, clustered residential units and/or commercial units, and areas of common open space.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Commencement of Development means the date on which any material operation (as defined in Section 56(4) of the Act) forming part of the Development begins to be carried out other than (for the purposes of this Deed and for no other purpose) operations consisting of site clearance, demolition work, archaeological investigations, investigations for the purpose of assessing ground conditions, remedial work in respect of any contamination or other adverse ground conditions, diversion and laying of services, erection of any temporary means of enclosure, the temporary display of site notices or advertisements and “Commence Development” shall be construed accordingly.

  • Professional development means training programs for

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.