Development Requirement definition

Development Requirement means a requirement attached to a developmental approval or other governmental action approving or authorizing a particular development project including, but not limited to a rezoning, which requirement compels the payment, dedication or contribution of goods, services, land or money as condition of approval.
Development Requirement means any requirement of City in connection with or pursuant to any Development Approval for the dedication of land, the construction or improvement of public facilities, the payment of fees or assessments in order to lessen, offset, mitigate or compensate for the impacts of the Development on the environment, or the advancement of the public interest.
Development Requirement means any requirement of CITY in connection with or pursuant to any Development Approval for the dedication of land, the construction or improvement of public facilities, the payment of fees or assessments in order to lessen, offset, mitigate or compensate for the impacts of Development on the environment, or the advancement of the public interest.

Examples of Development Requirement in a sentence

  • Executive understands and acknowledges that neither the Company, nor any of its employees, attorneys, or other representatives, has provided or will provide Executive with any legal or financial advice concerning taxes or any other matter, and that Executive has not relied on any such advice in deciding whether to enter into this Agreement.

  • LANDOWNER shall improve the dedicated parks and open space to the standards and designs set forth in the Plans and Project Entitlements or to other standards as approved by CITY in accordance with the Turnkey Development Requirement under Turnkey Park Agreements in lieu of paying the applicable Park Development Impact Fees.

  • Notwithstanding anything contained herein to the contrary, no Development Requirement shall be more burdensome than those required of persons contemplating similar improvements and activities on similarly situated properties within the city limits of Cripple Creek, Colorado.

  • LANDOWNER agrees to improve the dedicated parks and open space to the standards and designs set forth in the Plans and Project Entitlements or to other standards as approved by CITY, under the Turnkey Development Requirement in lieu of paying the applicable Park Development Impact Fees.

  • Accordingly, if LANDOWNER meets its Turnkey Development Requirement and ▇▇▇▇▇▇ Parkland Dedication Requirement as specified in this Section 3.5, LANDOWNER shall have no obligation to pay Park Development Impact Fees.

  • The Project shall include every Minimum Development Requirement specified by Appendix 3, including every Anchor Project and Minimum Infrastructure Project.

  • PNM and the other owners of SJGS desire to obtain the lower sulfur coal available by having WSJM comply with the Panel 405 Development Requirement.

  • If, prior to the achievement of the Non-Auto Platform Development Requirement for a Non-Auto Platform, Kite elects to not initiate or to cease the Development of Non-Auto Development Products under such Non-Auto Platform, Kite shall promptly notify Arcellx thereof and terminate its rights with respect to all Non-Auto Development Products and Non-Auto Products for such Non-Auto Platform pursuant to Section 13.5.


More Definitions of Development Requirement

Development Requirement means a requirement attached to a devel-
Development Requirement means anything that is required by any of the following
Development Requirement means any requirement of CITY in connection with or pursuant to any Development Approval for the dedication of land, the construction or improvement of public facilities, the payment of fees or assessments in
Development Requirement means a requirement attached to a Development Approval or other governmental action approving or authorizing a particular Development including, without limitation, a rezoning, which Development Requirement compels the payment, dedication or contribution of goods, services, land and/or money as a condition of approval.

Related to Development Requirement

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).