TSDC definition
Examples of TSDC in a sentence
All Products and parts replaced by TSDC shall become the property of TSDC upon replacement.
If, because of a future update to the TSDC methodology this improvement is added to the TSDC Project List before commencement of construction of the improvement, the Party constructing the improvement may apply for TSDC credits based on the City's TSDC methodology and code in effect at that time.
If a 25,000 SF general light industrial use is developed instead, that use’s TSDC obligation would have been $209,700 (25.00 x $8,388, the Fixed SDC Rate), but when offset by the waived TSDC, $81,720 would be owed ($209,700 - $127,980).
By way of a hypothetical example, the amount of waived TSDC for a 60,000 SF mini-warehouse is $127,980 (60.00 x $2,133, which is the Fixed SDC Rate for transportation SDCs).
TSDC may, at its option, replace any defective Product, part or component thereof with any reconditioned product or part that TSDC reasonably determines is substantially equivalent or superior in all material respects to the defective Product or part.
TSDC warrants that the sliding door product (s) described in Section 11 below (the Product) shall be free from material defects in workmanship and materials under normal use from date of original purchase of the Product, for a period set forth in Section 2 below (Warranty Period), except as otherwise stated herein.
This Section does not entitle Developer to any grant of a TSDC Credit.
City and Developer agree and specifically provide that the “initial development site” for “New Development” as described in PCC 17.15.060.A.3 is intended to include the entire Site so that TSDC Credit is available to each phase of the Project.
THE MAXIMUM LIABLITY OF TSDC UNDER THIS WRRANT IS LIMITED TO THE PURCHASE PRICE OF THE PRODUCT COVERED BY THIS WARRANTY.
The City may provide TSDC Credit prior to construction of the South Portal Transportation Improvements as long as all conditions set in PCC 17.15.060.A.2.b are met.