Examples of Station Development in a sentence
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.
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 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.
This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaty establishing the European Union.
The Technical Proposals should be developed in such a manner that it reflects proper communication & understanding of the requirements of the Project by the Applicants and covers and captures clearly all relevant aspects of the Station Development.
The Premium has been quoted by me/us after taking into consideration all the terms and conditions stated in the Bid Document, draft Development Agreement, our own estimates of the cost and revenues and after a careful assessment of the Reserved Railway Land and Station Development Land and all the conditions that may affect the project cost and implementation of this Project.
The Selected Bidder will cause the SPC to execute the Development Agreement and the SPC will be permitted to undertake Station Development, Redevelopment Project and Commercial Development Project on identified Reserved Railway land and commercial development of air space available at Station Development Land, and appropriate revenues therefrom subject to terms and conditions of the Development Agreement.
The Estimated Cost of Station Development Project, Estimated Cost of Redevelopment Project and Estimated Cost of Commercial Development Project has been specified in the finalised DPR.
However the Developer shall only have right of way to the Station Development Land, Redevelopment Land for the purposes of undertaking Station Development and Redevelopment works respectively, in terms of the Development Agreement.
The cumulative financial score (Sf) of each Applicant shall be computed as per formulae below: Sf = Sf1 x Fw1 + Sf2 x Fw2 + Sf3 x Fw3 + Sf4 x Fw4; where Sf is the combined financial score, and Fw1, Fw2, Fw3 and Fw4 are weights assigned to item nos.1, 2, 3 and 4 mentioned in Clause 3.6.2 (c) respectively i.e. Proposed Station Development cost and Redevelopment Cost, Proposed Services cost, Proposed Operation and Management cost and NPV of the Lease Premium and Annual Lease Rent, will be 0.30:0.10:0.10:0.50.