Reasonable and Prudent Developer definition

Reasonable and Prudent Developer means a developer of projects similar in scope, size, and complexity to the Project Improvements seeking in good faith to perform its contractual obligations and in so doing and in the general conduct of its undertakings, exercises that degree of skill, diligence, prudence, and foresight which would reasonably and ordinarily be expected from a skilled and experienced developer of facilities similar to the Project Improvements complying with all Applicable Laws and engaged in the same type of undertaking.
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Reasonable and Prudent Developer means a developer of hotel projects similar in scope, size and complexity to the Hotel Project Improvements seeking in good faith to perform its contractual obligations and in so doing and in the general conduct of its undertakings, exercises that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced developer of convention center hotels similar to the Hotel Project Improvements complying with all Legal Requirements and engaged in the same type of undertaking.
Sample 1
Reasonable and Prudent Developer means a person seeking in good faith to perform its contractual obligations and, in so doing and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected of a skilled and experienced offshore wind farm developer complying with applicable law and engaged in the same type of undertaking and under the same or similar circumstances and conditions; [Renewable Energy Zone means an area designated pursuant to Section 84(4) of the Energy Act 2004 within which the rights to which Section 84 of the Energy Xxx 0000 applies are exercisable, including any modification to the boundaries of that area as may from time to time be made by legislation or as may from time to time otherwise arise;] Requisite Net Assets means Net Assets in excess of the sum of £100,000,000, which sum shall be increased annually by Indexation; Revised Project Programme means the Project Programme as updated or amended in accordance with clause 4.1 or as delivered to the Landlord pursuant to the proper operation of clause 4.9;
Sample 1

Examples of Reasonable and Prudent Developer in a sentence

  • StadCo shall take all reasonably necessary measures and precautions to minimize damage, disruption or inconvenience caused by such work and make adequate provisions for the safety and convenience of all Persons affected thereby, in each case in the manner as a Reasonable and Prudent Developer would undertake in light of the particular circumstances.

  • Dust, noise, traffic, hazards, and other effects of such work shall be controlled in such manner as a Reasonable and Prudent Developer would undertake in light of the particular circumstances.

  • The Developer shall take all reasonably necessary measures and precautions to minimize damage or disruption caused by such work in accordance in such manner as a Reasonable and Prudent Developer would undertake in light of the particular circumstances and make adequate provisions for the safety and convenience of all Persons affected thereby.

  • Dust, noise, traffic, hazards and other effects of such work shall be controlled in such manner as a Reasonable and Prudent Developer would undertake in light of the circumstance, but in all events so as to comply with all applicable Legal Requirements and not to unreasonably interfere with the continuous use or occupancy of the Convention Center.

  • Dust, noise, traffic, hazards, and other effects of such work shall be controlled in accordance with Applicable Law and in such manner as a Reasonable and Prudent Developer would undertake in light of the particular circumstances.

  • Bristol shall take all reasonably necessary measures and precautions to minimize damage, disruption or inconvenience caused by such work and make adequate provisions for the safety and convenience of all Persons affected thereby, in each case in the manner as a Reasonable and Prudent Developer would undertake in light of the particular circumstances.

  • Dust, noise, traffic, hazards, and other effects of such work shall be controlled as required by Applicable Law and in such manner as a Reasonable and Prudent Developer would undertake in light of the particular circumstances and as required by Applicable Law.

Related to Reasonable and Prudent Developer

  • Reasonable and Prudent Operator means a person seeking in good faith to perform its contractual obligations and, in the process of doing so and in the overall conduct of its whole undertaking exercising that degree of diligence, skill, prudence and foresight which can reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances complying with all applicable Laws, and any reference to the standard of a Reasonable and Prudent Operator means such degree of diligence, skill, prudence and foresight as aforesaid.

  • Reasonable and prudent parent standard means the

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Best management practices (BMP) means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the United States. BMPs include treatment requirements, operation procedures, and practices to control plant site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Contracting and procuring means the systems for obtaining the supply of goods, materials, manufactured items, services, building and engineering services, works of construction and maintenance and for disposal of surplus and obsolete assets.

  • Environmental and Social Management Framework or “ESMF” means an instrument satisfactory to the Association, prepared and adopted by the Recipient and dated February 5, 2010 outlining the process for management of the environmental and social aspects of the Project as the same may be amended from time to time with the Association’s prior written concurrence.

  • Best Management Practices (BMPs means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the state. BMPs also include treatment requirements, operating procedures, and practices to control site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.