R&D Property definition

R&D Property means any parcel of real property owned by the Borrower ------------ more than fifty percent (50%) of whose net rentable area is improved as research and development space.
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Examples of R&D Property in a sentence

  • Beijing R&D Property: up to RMB1,000 per working space per month, which is determined based on arm’s length negotiation between the parties and by reference to market rates of similar location and areas, payable monthly within the first week of each month.

  • On 19 June 2015, Hunan Sany Port Equipment and Sany Auto Manufacturing entered into the Supplemental Hunan Lease with Sany Auto Manufacturing, pursuant to which (1) the lease of the Hunan Property will be renewed till 31 December 2015, and (2) the lease will be further expanded to cover the Hunan R&D Property.

  • On 19 June 2015, Hunan Sany Port Equipment and Sany Auto Manufacturing entered into the Supplemental Hunan Lease, pursuant to which (1) the lease of the Hunan Property will be renewed till 31 December 2015, and (2) the lease will be further expanded to cover the Hunan R&D Property to facilitate Hunan Sany Port Equipment’s research and development.

  • Hunan R&D Property: 3rd floor of R&D building and 5th floor of R&D building owned by Sany Auto Manufacturing located in Sany Industry Town, Xingsha Town, Changsha County, Hunan Province, the PRC, with a total floor area of approximately 9,777 sq.m.

Related to R&D Property

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Licensed Property means the portion of the Software and the Documentation to which Customer has purchased a License as identified on an applicable Order. Licensed Property shall include any updates or upgrades to the Licensed Property that AvePoint may at its discretion deliver to Customer.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.