Development Cure Period definition

Development Cure Period has the meaning set forth in Exhibit B.
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Development Cure Period means for any Shortfall Year, a six (6) month period commencing on January 1st of the Development Year immediately following such Shortfall Year.
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Development Cure Period means the period of 90 days following the end of a Development Year.
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Examples of Development Cure Period in a sentence

  • Notwithstanding anything to the contrary, no extension shall be given under the Development Cure Period for a Force Majeure Event if the delay was due to Seller’s failure to take commercially reasonable actions to meet its requirements and deadlines or does not otherwise satisfy the requirements of a Force Majeure Event, including the notice and documentation requirements under Section 10.3.

  • Seller shall cause Commercial Operation for the Facility to occur by the Expected Commercial Operation Date (as such date may be extended by the Development Cure Period (defined below), the “Guaranteed Commercial Operation Date”).

  • In addition to extensions pursuant to a Development Cure Period, Seller may extend the Guaranteed Construction Start Date for all purposes hereunder, including Section 11.1(b)(ii), by paying Daily Delay Damages to Buyer for each day Seller desires to extend the Guaranteed Construction Start Date, not to exceed a total of one hundred twenty (120) days of extensions by such payment of Daily Delay Damages.

  • In addition to extensions pursuant to a Development Cure Period, Seller may extend the Guaranteed Commercial Operation Date for all purposes hereunder, including Section 11.1(b)(ii), by paying Commercial Operation Delay Damages to Buyer for each day Seller desires to extend the Guaranteed Commercial Operation Date, not to exceed a total of ninety (90) days of extensions by such payment of Commercial Operation Delay Damages.

  • If Seller achieves Commercial Operation on or before the Guaranteed Commercial Operation Date (not including any extensions to such date resulting from Seller’s payment of Commercial Operation Delay Damages, but as may be extended pursuant to a Development Cure Period), then Buyer shall refund to Seller all Daily Delay Damages paid by Seller and not previously refunded by Buyer.

  • Seller shall cause Commercial Operation for the Facility to occur by [_________] (as such date may be extended by the Development Cure Period (defined below), the “Guaranteed Commercial Operation Date”).

  • Seller shall cause construction to begin on the Facility by [_____________], (as such date may be extended by the Development Cure Period, the “Guaranteed Construction Start Date”).

  • We have limited data on the numbers of trees on Babergh land (current estimate 10,000 trees) and even less information about the trees that cover the rest of the district.

  • No extension shall be given under the Development Cure Period (a) if the delay was due to Seller’s failure to take commercially reasonable actions to meet its requirements and deadlines, (b) Seller does not satisfy the requirements of a Force Majeure Event, including the notice and documentation requirements under Section Error: Reference source not found.

  • Notwithstanding anything in this Agreement to the contrary, the cumulative extensions granted under the Development Cure Period (other than the extensions granted pursuant to clause 4(b) above) shall not exceed one hundred twenty (120) days, for any reason, including a Force Majeure Event, and no extension shall be given if the delay was the result of Seller’s failure to take all commercially reasonable actions to meet its requirements and deadlines.


More Definitions of Development Cure Period

Development Cure Period means a six-month period, commencing on January 1st following the Year (which must be Year 2014 or thereafter) in which Master Franchisee has failed to achieve the applicable Exclusivity Milestone or Annual Opening Target.
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Development Cure Period has the meaning set forth in Article 4(3);
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Development Cure Period has the meaning set forth in Section 16.2(b).
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Development Cure Period has the meaning set forth in Exhibit B. “Development Security”
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Development Cure Period has the meaning set forth in Exhibit B. “Development Security” means (a) cash, or (b) a Letter of Credit,
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Related to Development Cure Period

  • Initial Cure Period As defined in Section 2.03(b).

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Threshold Event Cure shall have the meaning assigned to such term in Section 5(g).

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Research Period means the research period as described in the Commissioned Research Plan. In accordance with the provisions of this Agreement, in the event that the Agreement ended prior to the completion date of the research originally set, the date the Agreement ends shall be read as the research period.

  • improvement notice means the notice issued by the Authority to the Supplier pursuant to Clause 32.1.3 (Authority Remedies) which will detail how the Supplier shall improve the provision of the Goods and/or Services;

  • Research Term has the meaning set forth in Section 3.2.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Development Phase means the period before a vehicle type is type approved.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Research Program Term has the meaning set forth in Section 2.2.

  • Development Project means a project for the development of land within a

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Collaboration Term has the meaning set forth in Section 2.2.