Station Development definition
Examples of Station Development in a sentence
Provided that Developer shall ensure that the Station Development Land and the Redevelopment Land is available for use by Authority and/ or Railway, their relevant personnel and end-users (including passengers), in accordance with the approved works programme for the Station Development Project and the Redevelopment Project.
Provided that where so approved by Authority the Developer may nominate separate Project Managers for the Commercial Development Project, the Station Development Project and the Redevelopment Project, each of whom shall be deemed to be the relevant Project Manager in respect of that component of the Project.
Further, the Developer shall ensure that for the duration commencing from the time when the Station Development Land and the Redevelopment Land is handed over to the Developer by Authority (and/ or its nominee) for the purpose of the Project, and ending at the date on which same are handed back by the Developer to Authority (and/ or its nominee), the Station Development Land and the Redevelopment Land remains free of all encroachments.
The obligations of the Developer in respect of the Commercial Development Project, the Redevelopment Project and the Station Development Project shall be subject to the satisfaction by Authority of each of the Conditions Precedent, if any, set forth in the SCDA.
Provided that it is clarified that the right of way and/ or access to the Redevelopment Land and the Station Development Land, shall be granted to the Developer solely for the purposes of undertaking the Redevelopment Project and/ or the Station Development Project, and the Developer shall have no ownership or leasehold rights in respect of such Redevelopment Land or the Station Development Land or improvements thereof.
The Sinking Fund shall be exclusively used for mid term replacement and upgradation of machines, assets, equipments and fixtures installed as part of Station Development Project Utilities including but not limited to lifts, elevators, escalators, power-back / DG up sets, HVAC, electric sub-stations, pumps, fire fighting, plumbing, fittings and water supply systems, internal and external electrical fittings and controls, any other plant/equipment of capital nature etc.
Further, all aspects of the Station Development Project, shall be executed in compliance with the Drawings and Specifications provided in Agreement and the Schedules and if not, appropriate specifications and Detailed Design & Drawings for the Mandatory Project shall be prepared by the Developer (and approval / no- objection obtained from the PMC in respect thereof).
However, in case a better or equivalent standard / specification item is not available or possible, then an item with lower standard / specification in Station Development Project and Redevelopment Project may be permitted by Authority after obtaining approval of General Manager of the Zonal Railway of Station, provided that the Developer submits the difference of cost to the Authority prior to grant of approval of Authority.
OH Corporation Central Station Development Corporation IL Corporation Central Station IV, L.L.C. IL Limited Liability Company Central Station, L.L.C. IL Limited Liability Company Chagrin-Beachwood Offices, Inc.
However, in case a better or equivalent standard / specification item is not available or possible, then an item with lower standard / specification in Station Development Project and Redevelopment Project may be permitted by Authority after obtaining approval ofGeneral Manager of the Zonal Railway of Station,provided that the Developer submits the difference of cost to the Authority prior to grant of approval of Authority.