TDR Units definition

TDR Units means a residential development unit or equivalent, which is acquired from the Bank and utilized by the owner of the Receiving Parcel to increase development density.
Sample 1

Examples of TDR Units in a sentence

  • At time of submittal for final approval by the Development Review Officer (DRO), an official Contract for Sale and Purchase of Transfer of Development Rights (TDR) Units and TDR Deed shall be submitted for final review and execution.

  • Prior to Final Subdivision or Site Plan approval by the Developement Review Officer, the Property Owner shall submit an Official Contract for Sale and Purchase of Transfer of Development Rights (TDR) Units and the TDR Deed shall be submitted for final review and execution.

  • It has been determined by Planning that additional TDR Units are appropriate at this location.

  • At time of submittal for final approval by the Development Review Officer (DRO), an official 'Contract for Sale and Purchase of Transfer of Development Rights (TDR) Units', 'TDR Escrow Agreement', and 'TDR Deed' shall be submitted for final review and execution.

  • At time of submittal for final approval by the Development Review Officer (DRO), an official Contract for Sale and Purchase of Transfer of Development Rights (TDR) Units and TDR Deed shall be submitted by the Property Owner to the Zoning Division for final review and execution.

  • Given the higher densities and residential character of the surrounding area, the proposed transfer of 23 TDR Units to the subject site, and the overall development of 86 Multifamily Residential Units, is consistent and generally compatible with lands in the vicinity of the proposed development.d. Design Minimizes Adverse Impact – The design of the proposed use minimizes adverse effects, including visual impact and intensity of the proposed use on adjacent lands.

  • We do not know whether the innovations would really be successful in the market and have good response.

  • To purchase or receive, by gift or otherwise, and retain if desired, TDR Units under such terms and conditions deemed appropriate.

  • The TDR Units do not include any increment of value created through Subsequent Entitlements and Improvements (as that term is defined in the SPA).

  • At time of submittal for final Development Review Officer (DRO) approval, an official Contract for Sale and Purchase of TDR Units, TDR Escrow Agreement, and TDR Deed shall be submitted to the Zoning Division and County Attorney for final review and execution.

Related to TDR Units

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Common Units is defined in the Partnership Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Company Units has the meaning set forth in the Recitals.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Class B Units has the meaning set forth in Section 3.04(a)(ii).

  • Membership Units has the meaning set forth in the Recitals.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Junior Units means any Partnership Unit representing any class or series of Partnership Interest ranking, as to distributions, or rights upon voluntary or involuntary liquidation, dissolution or winding up of the Partnership, junior to Series A Preferred Units.

  • Offered Units has the meaning set forth in Section 9.03(a)(i).

  • Series A Units means Series A currency hedged mutual fund units or Series A non-currency hedged mutual fund units of a fund, as applicable.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units set forth opposite such Purchaser’s name under the column titled “Purchased Units” set forth on Schedule A hereto.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Tendered Units shall have the meaning set forth in Section 8.6.A.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Trust Units means units of the Trust;