Completion of Improvements definition

Completion of Improvements means lien-free completion of the Improvements in accordance with the Plans, as evidenced (i) by compliance on the part of Borrower or the Project, as the case may be, with all Legal Requirements relating to the occupancy and use of the Improvements, including all necessary certificates of occupancy (or their equivalent), and (ii) by the documents, items and things described in Section 8.7.
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Completion of Improvements means receiving a certificate of occupancy from the City for a minimum of sixty-five thousand (65,000) square feet of new industrial space constructed in accordance with applicable ordinances and receiving a letter of acceptance for the construction of the improvements to Hondue Lane and cul-de-sac or the Developer’s submission of all materials and information required by the City for issuance of a temporary certificate of occupancy for a completed portion of the Project, whichever occurs first.
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Completion of Improvements means a thorough and complete review of the Project by the Town Engineer and other Town Staff prior to the Developer requesting to obtain a CO.
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Examples of Completion of Improvements in a sentence

  • Completion of Improvements, even if verified by the City, shall not automatically entitle Applicant to a reduction of any part of the Bond Amount.

  • Except as otherwise provided herein, the provisions and covenants of this Redevelopment Agreement shall terminate upon issuance by the City of the Redeveloper’s Certificate of Completion of Improvements for the New Building.

  • Completion of Improvements, even if verified by CITY, shall not entitle APPLICANT to an automatic release of any part of the Proceeds.

  • If the work has been completed in conformance with this Redevelopment Agreement, the City shall execute and deliver to Redeveloper the City's acceptance to the Redeveloper's Certificate of Completion of Improvements, the form of which is attached hereto as Exhibit I.

  • The acceptance to the Redeveloper’s Certificate of Completion of Improvements for the New Building by the City shall be a conclusive determination of satisfaction of the agreements and covenants contained in this Redevelopment Agreement with respect to the obligations of Redeveloper and its successors and assigns to construct the New Building.

  • If the work has been completed in conformance with this Redevelopment Agreement, the City shall execute and deliver to Redeveloper the City's acceptance to the Redeveloper's Certificate of Completion of Improvements, the form of which is attached hereto as Exhibit F.

  • Except as otherwise provided herein, the provisions and covenants of this Redevelopment Agreement shall terminate upon acceptance by the City of the Redeveloper’s Certificate of Completion of Improvements for the Private Improvements.

  • Such penal bond shall stay in place until the City executes the Certificate of Completion of Improvements for the New Building and shall be conditioned upon Redeveloper or Redeveloper’s contractor at all times making payment of all amounts lawfully due to all persons supplying or furnishing Redeveloper, Redeveloper’s contractor, or his or her subcontractors with labor or materials performed or used in the prosecution of the New Building and Redeveloper Public Improvements.

  • Redeveloper represents and agrees that prior to acceptance of the Redeveloper’s Certificate of Completion of Improvements by the City, for the Private Improvements there shall be no sale or transfer of Redeveloper or assignment of its rights or obligations under this Redevelopment Agreement to any party without the prior written approval of the City Administration, other than mortgages and involuntary transfers by reason of death, insolvency, or incompetency.

  • The provisions of this Article VII shall terminate for the New Building upon issuance by the City to the Redeveloper the Redeveloper’s Certificate of Completion of Improvements for the New Building.


More Definitions of Completion of Improvements

Completion of Improvements means completing a minimum of 250residential units, a minimum of ten townhomes, and a minimum of 20,000 square feet of new commercial space and a minimum 80-key dual brand, limited service hotel as evidenced by receiving a Certificate of Occupancy from the City in accordance with applicable ordinances or the Developer’s submission of all materials and information required by the City for issuance of a Certificate of Occupancy for a completed portion of the Project, whichever occurs first.
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Related to Completion of Improvements

  • Project Improvements means site improvements and facilities that are:

  • Tenant Improvements Defined in Exhibit B, if any.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • System improvements means capital improvements to public facilities which are designed to provide service to a service area.

  • Initial Improvements means any construction, modification, rehabilitation, reconstruction, or restoration of the Premises, or installation of Fixtures thereto, that the Lessee is required to make upon commencement of this Lease in accordance with Section 8.