Redevelopment Properties definition

Redevelopment Properties means those certain properties commonly known as ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇, Florida. "Rejected Due Diligence Title Objection" shall have the meaning set forth in Section 3.4(a)
View Source
Redevelopment Properties means the ▇▇▇▇▇▇ Buildings identified as such on Exhibits "B" and "C" attached hereto and made a part hereof.
View Source
Redevelopment Properties means those certain properties commonly known as ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇, Florida.
View Source

Examples of Redevelopment Properties in a sentence

  • The Parent and the Borrower shall not at any time permit the aggregate amount of projected rentable square footage of all Development Properties and Major Redevelopment Properties owned by the Parent, the Borrower, any Subsidiary or any Unconsolidated Affiliate subject to binding leases to be less than 50.0% of the aggregate amount of projected rentable square footage of all such Development Properties and Major Redevelopment Properties.

  • For purposes of calculating Gross Asset Value as used in this subsection, the Gross Asset Value of Development Properties and Major Redevelopment Properties shall include, without duplication of any other amounts already included elsewhere in such calculation, the Total Budgeted Cost Until Stabilization of such Properties.

  • If Seller or the applicable Subsidiaries do not complete and pay all amounts in respect of the development, redevelopment and/or renovation of one or both of the Redevelopment Properties prior to Closing (the "Incomplete Developments"), Seller will give Purchaser a credit against the Purchase Price payable at Closing in an amount equal to the unexpended portion of the Redevelopment budget described in Schedule 7.6-A of the Disclosure Schedule.

  • Prior to Closing, Purchaser and Seller may agree to expand the scope of the work required under the redevelopment plans on Schedule 7.6-A of the Disclosure Schedule to the extent any Tenant pursuant to its Lease or any Governmental Entity requires that additional redevelopment activities occur at the Redevelopment Properties.

  • Purchaser shall have the right to approve all new Contracts with respect to such development and/or renovation of the Redevelopment Properties which approval shall not be unreasonably withheld, delayed or conditioned.

  • The Parent and the Borrower shall not permit the aggregate amount of Total Budgeted Cost Until Stabilization with respect to all Development Properties and Major Redevelopment Properties owned by the Parent, the Borrower, any Subsidiary or any Unconsolidated Affiliate to exceed 25.0% of Gross Asset Value at any time.

  • Purchaser shall have the right to approve all modifications to plans and specifications with respect to such development and/or renovation of the Redevelopment Properties which approval shall not be unreasonably withheld, delayed or conditioned.

  • Seller will keep Purchaser constantly informed on the progress of development and/or renovation of the Redevelopment Properties and will consult with Purchaser on same.

  • Seller will and will cause the applicable Subsidiaries to continue to develop and/or renovate the Redevelopment Properties consistent with redevelopment or renovation plans and budgets described in Schedule 7.6 (which includes finishout of the exterior but excludes Lease Expenses other than for the new Publix space at Coconut Creek).

  • The Parent and the Borrower shall not permit the aggregate amount of Total Budgeted Cost Until Stabilization with respect to all Development Properties and Major Redevelopment Properties owned by the Parent, the Borrower, any Subsidiary or any Unconsolidated Affiliate to exceed 10.0% of Gross Asset Value at any time.


More Definitions of Redevelopment Properties

Redevelopment Properties means those certain properties commonly known as Coconut Creek Plaza located in Coconut Creek, Florida and Townshire, located in College Station, Texas.
View Source
Redevelopment Properties means those portions of the Property identified as (i) the ▇▇▇▇ Gateway Property, (ii) the ▇▇▇▇ Village Property, (iii) the ▇▇▇▇ Industrial Property, (iv) the ▇▇▇▇ Warehouse Property and (v) that portion of ▇▇▇▇ Village Shops consisting of the Auahi Condominium Land and to be developed as the Auahi Condominiums, and Auahi Shops (except in the event that Borrower completes construction of Auahi Shops, in which event such Property shall be deemed a Key Property), but specifically excluding ▇▇▇▇ Village Retail Shops and the WVRS Parking Garage.
View Source

Related to Redevelopment Properties

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Redevelopment project means a specific construction project

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.