MANAGEMENT OF THE DEVELOPMENT Clause Samples

MANAGEMENT OF THE DEVELOPMENT. The Developer shall maintain the Development in good physical condition in accordance with the Subsidizing Agency’s requirements and standards and the requirements and standards of the Mortgage and any applicable Housing Subsidy Program. The Developer shall provide for the management of the Development in a manner that is consistent with accepted practices and industry standards for the management of multi-family market rate rental housing. Notwithstanding the foregoing, the Subsidizing Agency shall have no obligation hereunder, expressed or implied, to monitor or enforce any such standards or requirements and, further, the Subsidizing Agency has not reviewed nor approved the Plans and Specifications for compliance with federal, state or local codes or other laws.
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MANAGEMENT OF THE DEVELOPMENT. The Lessee is notified about, accept and will be not against that this condominium development will get a hotel license and will be operated as a hotel by the management company or other assigned company or hotel brand during next 15 years.
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MANAGEMENT OF THE DEVELOPMENT. 3.1 The Developer shall afford access to the Site at all reasonable times to the Planning Conditions Monitoring Officer (and / or to their nominees) and shall allow them to observe work in progress and record items of interest and finds, subject to complying with the Developer's reasonable health and safety requirements at all times. 3.2 Notification of the Commencement of the Development shall be given by the Developer to the Planning Conditions Monitoring Officer in writing not less than 14 days in advance. 3.3 Monthly throughout the period from the Commencement of Development until the Site compounds have been reinstated in accordance with the conditions of the Development Permission, the Developer shall send to the Planning Conditions Monitoring Officer written notification of the proposed programme of works for the following four weeks (or for such other period as the Comhairle require). 3.4 The remit of the Planning Conditions Monitoring Officer shall include a duty to promptly review the programme or methods of working and to refer any concerns they may have to the Developer and the Comhairle. 3.5 The Planning Conditions Monitoring Officer shall have authority to discharge the planning conditions on receipt of applications from the Developer and upon being satisfied, acting reasonably, that the conditions have been purified, and shall respond to any requests to discharge conditions promptly and efficiently. 3.6 The Developer must undertake any works recommended by the Planning Conditions Monitoring Officer if reasonably required to do so by the Comhairle.
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MANAGEMENT OF THE DEVELOPMENT. 13.1 The COMPANY shall appoint KRG Key Developments (Pty) Ltd as the Development Coordinator, which appointment has been secured by a separate agreement entered into between the COMPANY and KRG Key Developments (Pty) Ltd. KRG Key Developments (Pty) Ltd shall manage the day to day operations of the COMPANY, subject always to the direction and instruction that may be given from time to time, by the BOARD. 13.2 KRG Key Developments (Pty) Ltd shall ensure: 13.2.1 that the entire "Development'' process, including, but not limited to, the purchase of the PROPERTY, the development and approval process, the procurement and construction process, transfer of the units in the DEVELOPMENT to the SHAREHOLDERS and the deregistration of the COMPANY is carried out in a good, proper and professional manner for the mutual benefit of the SHAREHOLDERS 13.2.2 that a detailed account of all expenditure incurred by the COMPANY, in the form and with the content from time to time required by the BOARD, is presented to the BOARD for consideration, at the BOARD meetings referred to in 8.1 that as soon as possible after the completion of construction of the DEVELOPMENT the units are transferred into the names of the respective SHAREHOLDERS, the Development Bond is cancelled and any surplus loan accounts In the COMPANY (after payment of all its debts) are refunded to SHAREHOLDERS in proportion to the SHARE RATIO; and 13.2.3 that within 90 days of the issue of the Certificate of Final Completion of the Works or as soon as possible thereafter and provided that the provisions of paragraph 13.2.2 have been complied with, a process be set in place to deregister the COMPANY; 13.2.4 that the audited consolidated financial statements of the COMPANY, signed without qualification by the COMPANY'S auditors, are presented to the BOARD for consideration within not more than 90 days after the completion of the project each financial year; 13.2.5 that the COMPANY is managed in a sound, lawful and businesslike way; 13.2.6 that the Body Corporate of the DEVELOPMENT is constituted and fully operational; and 13.2.7 that all other tasks normally carried out by a "Development Coordinator" in achieving a successful development are timeously initiated in order to ensure maximum mutual benefit to all of the SHAREHOLDERS. KRG Key Developments (Pty) Ltd shall only be responsible for all development function issues within its direct control and shall not be required to assume overall development risk which shal...
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MANAGEMENT OF THE DEVELOPMENT. Borrower shall maintain the Development in good physical and financial condition in accordance with the Agency’s requirements and standards and the requirements and standards of any applicable Housing Subsidy Program. Borrower shall provide for the management of the Development in a manner reasonably satisfactory to the Agency and consistent with accepted practices and industry standards for the management of multi-family market rate rental housing. Furthermore, Borrower shall at all times use its best efforts to ensure that all management services are performed as efficiently and effectively as possible in a manner that, consistent with the requirements of any applicable Housing Subsidy Program, maximizes the Development's "Net Operating Income," as such term is defined by the Agency, provided that nothing herein shall require Borrower to fail to provide necessary resident services or to compromise the physical integrity and long term viability of the Development.
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MANAGEMENT OF THE DEVELOPMENT. Developer shall maintain the Development in good physical condition in accordance with DHCD’s requirements and standards and the requirements and standards of the Lender ordinary wear and tear and casualty excepted. Developer shall provide for the management of the Development in a manner that is consistent with accepted practices and industry standards for the management of multi-family market rate rental housing. Notwithstanding the foregoing, DHCD shall have no obligation hereunder, expressed or implied, to monitor or enforce any such standards or requirements and, further, DHCD has not reviewed nor approved the Plans and Specifications for compliance with federal, state or local codes or other laws.
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MANAGEMENT OF THE DEVELOPMENT. (a) Owner will maintain the Development in good physical and financial condition in accordance with the requirements and standards of MassHousing and of any applicable Housing Subsidy Program. Owner will provide for the management of the Development in a manner that is consistent with accepted practices and industry standards for the management of multifamily rental housing. (b) Owner will ensure that any management agreement for the Development contains the following provision: “This Management Agreement is subject to termination by MassHousing, upon ninety (90) days’ written notice to HUD and Owner, if (1) the management agent fails to use its reasonable best efforts to rent the Affordable Units to Low-Income Persons and Families (as set forth in the MassHousing Regulatory Agreement and Disposition Agreement, and in accordance with the procedures set forth in the Tenant Selection Plan), or (2) the Development is not kept in a decent, safe and sanitary condition, unless (in either instance) before the expiration of such 90-day period, either (a) the Owner demonstrates that the problems identified in MassHousing’s notice have been cured or (b) HUD directs MassHousing not to so terminate or commences action to bring about cure. MassHousing is an intended third-party beneficiary of this provision and shall be entitled to enforce it at law or in equity.”
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MANAGEMENT OF THE DEVELOPMENT 
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Related to MANAGEMENT OF THE DEVELOPMENT

  • Independent Development Receiving Party may currently or in the future be developing information internally, or receiving information internally, or receiving information from other parties that may be similar to the Disclosing Party's Confidential Information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Receiving Party will not develop or have developed products or services, that, without violation of this Agreement, might compete with the products or systems contemplated by the Disclosing Party's Confidential Information.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Employee Development The Employer may provide employees the opportunity to participate in appropriate seminars, workshops or short courses. When possible and appropriate the Employer will provide to all staff information on seminars, workshops or short courses by posting a notice on the Employer’s internal web site.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Staff Development As part of their induction, new staff will be made aware of this policy and will be asked to ensure compliance with its procedures at all times.