Master Development definition

Master Development means the proposed residential units within the Qualifying Infill Area identified in the Program application.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Master Development means a five-phase, gated apartment community to be constructed on the Master Development Land, including a central 23-acre park containing a clubhouse, swimming pool and health club. The approximate anticipated number of units in each phase of the Master Development is as follows: Phase I -- 456; Phase II -- 304; Phase III -- 264; Phase IV -- 424; and Phase V -- 352, plus 80 units unallocated, for a total of 1,880 units if fully developed.

Master Development means a real estate development that consists of more than one project, including but not limited to a planned community association subject to chapter 421J with one or more sub-associations.

Examples of Master Development in a sentence

• Report with exhibits 6 Master Development Plan D – (All Tasks) Final report of all work to date, including detailed development and financial plans which will prepare Facility(s) to the point of Ready-for- Development.

• Describe the Developer’s quality management system and procedures for the Project, including preparation of the Master Development Plan and Master Financial Plan and subsequent Facility Implementation Plans.

• Under the Land Contract and the closing documents executed in connection therewith, Mission Viejo Company has irrevocably allocated the right to build 1880 multi-family residential units on the Master Development Land.

• Each installment of the Master Development Fee will be paid by Developer to the City within ten (10) days of Developer’s receipt of the reimbursement.

• Once the City has received the entire balance of the Master Development Fee, no further payments from District bond issuances shall be due to the City.

• The parties agree that this Project Statement shall be attached to and incorporated in the “Agreement”, entered a certain Master Development, Purchasing and License Agreement as of January 8, 2009 (the “Agreement”).

• Developer shall prepare amendments and modifications to Exhibits B and C or the Master Development Plan and Master Financial Plan, as applicable, to account for the removal of such Facility, and Developer thereafter shall have no rights or obligations with respect to such Facility, other than to provide reasonable cooperation with TxDOT and any other developers, contractors and consultants with whom TxDOT contracts to develop, operate or maintain such Facility.

• This Master Development and Supply Agreement contains the general terms and conditions governing the relationship of the parties.

• Upon TxDOT’s approval of Developer’s proposal and authorization for Developer to proceed with the agreed upon update, Developer shall provide TxDOT with an update to the Master Development Plan to account for recent developments in the Project due to environmental factors, economic financial factors, Governmental Approvals, relevant changes to the regional metropolitan plan, Risk Events, or other factors in accordance with the requirements of Exhibit D, item S and the approved Master Development Plan.

• Agreement by the parties on the scope of and terms of Developer’s compensation for Technical Support Services related to the NEPA process and Update Work, including the terms of compensation for Developer’s unpaid costs for Update Work in the event of a Risk Event, shall be a condition to approval of the Master Development Plan.

More Definitions of Master Development

Master Development means the development of Erf 25939 Milnerton into A residential township to be known as Royal Ascot;

Master Development the development of the Site, including the Company Parcel, in accordance with the PUD Modification, as amended by any modifications adopted at any time with respect to the Project and/or the Site with governmental approval, and, to the extent required hereunder or under the LLC Agreement, with approval of all of the Members of the Company.

Master Development means the overall plans and descriptions of the City Projects, and the Greenstone Projects, as contemplated herein.

Master Development has the meaning as defined in Recital (A);

Master Development means the proposed residential units within the Qualifying Infill Area Project(s) or Qualifying Infill Area identified in the Program application.