Examples of Residential Development Rights in a sentence
The Executive Director and the Board members reviewed the various provisions of the proposed Amendment as well as the earlier Development Agreement Amendment, which set the price for the Residential Development Rights.
The Bazaar Committee shall, at such time as they deem fit, inform the Applicant(s) of the outcome of their application.
The square footage of gross floor area allocated for the development of residential uses is comprised of Residential Development Rights under the Parcel 3 and 4 Development Agreement.
However, this easement and encumbrance shall not prohibit the Grantor from acquiring Residential Development Rights for the Sending Site from some other parcel in accordance with the provisions of the Waseca County Unified Development Code at some future date.RESTRICTIONS ON USE OF THE SENDING SITE LAND Uses Restricted to Agricultural and Open Space Uses; Agricultural and Open Space Uses Defined.
Any action brought by either party against the other concerning the transactions contemplated by this Agreement, the Note, the Warrant, the Registration Rights Agreement or any other agreement, certificate, instrument or document contemplated hereby shall be brought only in the state courts of New York or in the federal courts located in the State and County of New York.
As the Developer, Boston Properties Limited Partnership is obligated to comply with the terms and provisions of the Parcel 3 and 4 Development Agreement (as herein amended), including without limitation the payment of the Residential Development Rights Purchase Price pursuant to the Payment Schedule described herein.
Notwithstanding anything contained herein to the contrary, in the event that the Ames Street Project is transferred in its entirety to a third party prior to the payment in full of the Residential Development Rights Purchase Price, the entire then-remaining portion of the Residential Development Rights Purchase Price shall be due and payable upon completion of the transfer.
The Developer may in its sole discretion elect to pay the then-remaining portion of the Residential Development Rights Purchase Price in full at any time, notwithstanding that prior payments may have been made in accordance with the Payment Schedule.
Applications for the sale of Development Rights may include a request to retain Residential Development Rights, provided that no retained Residential Development Rights result in adding more than a total of one dwelling unit for each forty (40) acres in the parcel, located in a manner to maximize Agricultural Use or Open Space Character, with the location and size subject to Village Board approval.
Applications for the sale of Development Rights may include a provision to retain the right to build residential dwellings, provided that no retained Residential Development Rights would result in more than one dwelling unit per twenty (20) acres of land (exclusive of approved migrant housing units).