Vested Rights definition

Vested Rights means the right to initiate or continue the establishment of a use which will be contrary to a restriction or regulation coming into effect when the project associated with the use is completed.“Subdivision, Minor” A “minor subdivision” shall be any division of land which: (1) consists of fewer than (5) lots; (2) does not require the dedication of any land for streets or other public uses; (3) will not be traversed or abutted by a proposed street or a street to be widened as portrayed on the Major Street Plan or on the Official Map; (4) each of the lots complies with the width and area requirements of the Zoning Ordinances; and (5) the lots are not part of a minor subdivision approved less than three years earlier.
Vested Rights has the meaning set forth in Section 2.5.5, below.
Vested Rights means any rights accrued pursuant to the Tex. Local Government Code, Chapter 245, or other applicable vested rights law, which allow a person to “freeze” or “vest” governmental regulations by filing an Administratively Complete permit application with the County Engineer.

Examples of Vested Rights in a sentence

  • Executive shall not be entitled to any further compensation from the Corporation or any Affiliate after termination of the Employment as permitted by this Section 5, except (A) Vested Rights; and (B) Severance Pay under Section 6 or the Change in Control Severance under Section 7, whichever is applicable.

  • Executive shall not be entitled to any further compensation from the Corporation or any Affiliate after termination of the Employment as permitted by this Section 5, except (A) Vested Rights; and (B) Severance Pay under Section 6 or the Cash Payment under Section 7, whichever is applicable.

  • Any right to indemnification or advancement of expenses provided by, or granted pursuant to, the General Corporation Law and this Certificate of Incorporation shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under the Bylaws, agreement, vote of stockholders or disinterested directors or otherwise.3. Vested Rights.

  • As provided under the applicable plan or agreement, Employee shall have the right to exercise any or all of the Vested Rights.

  • Except as set forth in the immediately preceding sentence, if the Company or Employee decides to terminate Employee’s employment due to Disability, then, to the extent consistent with Federal and state law, Employee will have no right to any future payments or benefits under this Agreement or otherwise (other than the Vested Rights) and the Company will have no obligation to make any such other future payments or provide any such future benefits for periods from and after the Termination Date.


More Definitions of Vested Rights

Vested Rights means the right to initiate or continue the establishment of a use which will be contrary to a restriction or regulation coming into effect when the project associated with the use is completed.
Vested Rights means the rights of a Participant or Beneficiary to a Supplementary Employer Pension or a Supplementary Individual Pension that cannot be forfeited. A Vested Right cannot be pledged, garnished, assigned, mort gaged, or otherwise alienated. It is not to be subject to execution, shall not be part of an estate in bankruptcy of the Participant, and shall not be affected by any settlement proceedings, and any attempt to do so shall be null and void. The restriction against alienation or execution shall apply to Vested Rights not exceeding one hundred thousand Euros (100,000) per Participant.
Vested Rights means vested rights in respect of any Beneficiary initially to a determined number of the Shares and to any associated Entitlement Asset and any Normal Distribution and/or Extraordinary Distribution in respect thereof from a trust law perspective, pursuant to this Trust Deed;
Vested Rights is defined in Section 12.1.
Vested Rights. The County does not warrant by this Agreement that the Developer is entitled to any other approval(s) required by the County, if any, before the Developer is entitled to commence construction of the Development or to transfer ownership of Property in the Development. Third Party Rights: No person or entity, who or which is not a party to this Agreement will have any right of action under this Agreement. Scope: This Agreement constitutes the entire agreement between the parties and no statements, promises or inducements that are not contained in this Agreement will be binding on the parties. Time: For the purpose of computing the Completion Period, and time periods for County action, such times in which war, civil disasters, or acts of God occur or exist will not be included if such times prevent the Developer or County from performing its obligation under the Agreement. If to Developer: Developer’s Name Developer’s Mailing Address SAMPLE ONLY If to County: Mesa County Development Engineering P.O. Box 20,000 Dept. 5022 Grand Junction, CO 81502-5001 Recordation: County will record a copy of this Agreement in the Clerk and Recorder’s Office of Mesa County, Colorado. Immunity: Nothing contained in this Agreement constitutes a waiver of the County’s sovereign immunity under any applicable state law. Personal Jurisdiction and Venue: Personal jurisdiction and venue for any civil action commenced by either party to this Agreement whether arising out of or relating to the Agreement will be deemed to be proper only if action is commenced in District Court for Mesa County. The developer expressly waives right to bring such action in or to remove such action to any other court whether state or federal.
Vested Rights means all Common Stock issuable under all options, warrants, securities convertible into Common Stock and similar rights to acquire Common Stock exercisable at or prior to the Closing.
Vested Rights means the rights obtained by a person to complete development without having to obtain a coastal zone permit where, prior to the effective date of this chapter, such person has obtained the necessary permit or permits, issued by the appropriate public agency(ies), which would have been sufficient to legally authorize such development prior to said effective date.