US2 definition

US2 or “Master Developer”). As you know, the SRA voted to engage ▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇., as outside counsel to negotiate this MLDA. Negotiations have been underway since the execution of the Master Developer Designation Agreement in August 2015. That document confirmed US2’s designation as the SRA’s Master Developer for the seven Disposition Blocks set forth in the Union Square Urban Revitalization Plan. The MLDA acts both as a Purchase and Sale Agreement for the D2 Parcel, which is owned by the SRA, and sets forth a framework for the relationship of the parties as US2 acquires other Disposition Blocks in the future. Please note that the Massachusetts Department of Housing and Community Development (“DHCD”) must also review and approve the MLDA.
View Source
US2 means the low cost, low fare operation as described in Letter of Agreement No. 48 to the Pilot Agreement.
View Source
US2 or “Master Developer”), a Delaware limited liability company with a business address of ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. The SRA and US2 shall be jointly referred to herein as the “Parties”.
View Source

Examples of US2 in a sentence

  • The Notice of Reversion shall be evidence of the Reverter without any further action on the part of the SRA or US2.

  • If the parties cannot agree upon a sole arbitrator within such 30 day period, or in the case of disputes involving amounts of more than US$2 million dollars, the arbitration shall be carried out by a panel of three arbitrators with one arbitrator being selected by the initiating party, one arbitrator being selected by the responding party and the third arbitrator being selected by mutual agreement of such two arbitrators.

  • As the result of any such default set forth in this paragraph, US2 and the applicable Parcel Developer, at the sole discretion of the SRA, may lose (i) development rights with respect to the Disposition Parcel(s) subject to the LDA under which the default occurred or with respect to which the default under the Development Covenant occurred, and (ii) the ability to acquire additional Disposition Parcels from the SRA.

  • For disputes involving amounts of US$2 million dollars or less, the parties shall attempt, by mutual agreement, to nominate a sole arbitrator within 30 days from the date of the initiating party's written notice to the other party.

  • The second group of real estate developers consists of international investors; this category includes two French hotel groups, and a Kuwaiti real estate company that is one of the leading real estate developers in the Middle East and North African region which has total assets close to US$2 billion.

  • The total development budget of the Picture is currently estimated to be US$2 million (the “Budget”).

  • The minimum investment capital for a commercial presence in hospital services must be at least US$20 million for a hospital, US$2 million for a policlinic unit and US$200,000 for a specialty unit.

  • Simultaneously with the execution of this Master LDA and each such LDA, US2 shall cause a revenue enforcement certification in the form attached hereto as EXHIBIT N to be executed by US2 or the Parcel Developer, as applicable.

  • Notwithstanding any provision of this Section III(B) to the contrary, US2 acknowledges and agrees that the SRA’s taking of any such unacquired Disposition Parcel and the LDA applicable to such unacquired Disposition Parcel, are subject to review, comment and approval by DHCD, and all obligations of SRA hereunder shall be conditioned upon such review, comment and approval, and shall be deemed null and void if and to the extent ultimately disapproved by DHCD.

  • Subject to Section II(D) below, the Purchase Price for the ▇-▇ ▇▇▇▇▇ (▇▇▇ “▇-▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Price”) is Nine Million Three Hundred Eleven Thousand Two and 76/100 Dollars ($9,311,002.76), of which US2 shall pay the Escrow Agent (as hereinafter defined) as a non-refundable deposit the sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) within ten (10) Business Days of the Effective Date (collectively, the “D-2 Block Deposit”).