Agenda Reports Pack (Public) 15/10/2012, 19.00 - Meetings ...

their lawful successors in title and assigns“Developer’s Address”means:c/o Orion Land & Leisure LimitedSecond FloorEgyptian House170 PiccadillyLondonW1J 9EJ,or such other address that is notified by Orion Land &Leisure Limited to the other Parties from time-to-time“Developer’s Costs”“Development”“the Development Site”“Dispute”“Disputing Party”“Event of Default”means the costs paid or contracted to be paid by theDeveloper in pursuing the Development including(without limitation) the purchase price of property, stampduty land tax, and professional and consultant team feesmeans the development of the Development Site asdescribed in the Planning Permissionmeans land in and around Shepherds Bush Market,Shepherds Bush, Hammersmith W12 shown edged red onPlan 3 for the purposes of identification only being theland the subject of the Planning Permissionmeans dispute or disagreement relating to or arising out ofthis Agreement between the Parties, including, but notlimited to, a dispute or disagreement relating to any CPOCosts or Outgoingsmeans the Party who raises a Disputemeans and one or more of the following:(a) any step is taken in connection with any voluntaryarrangement or any compromise or arrangement for thebenefit of any creditors of the Developer; or(b) an application is made for an administration order inrelation to the Developer; or(c) in relation to the Developer, there is the appointmentof an administrator, the filing of documents with the courtfor the appointment of an administrator or the giving ofnotice of intention to appoint an administrator by theDeveloper or its directors, or by a qualifying floatingcharge holder (as defined in paragraph 14 of Schedule B1to the Insolvency Act 1986); orL1.040-CPO-CPOIA.v2.29Page 92