1 Del. Admin. Code § 402-3.0

Current through Reigster Vol. 28, No. 6, December 1, 2024
Section 402-3.0 - Definitions

Unless otherwise indicated below, all capitalized terms used herein shall have the meaning ascribed to such terms in 29 Del.C. § 5052.

The terms defined in 1.0 of this Regulation shall have the meanings ascribed to such terms therein.

The following words and terms, unless the context clearly indicates a different meaning, shall have the following respective meanings:

"Application" means an application made to the Authority on such form or forms, together with all relevant attachments, as the Authority may, in its sole discretion, require in connection with administration of the Fund.

"Applicant" means any person, including individuals, firms, partnerships, associations, societies, trusts, public or private corporations, not for profit corporations or other legal entities, including public or governmental bodies as well as natural persons for which a Project is undertaken or proposed to be undertaken.

"Award" shall have the meaning ascribed to such term in 18.0 hereof.

"Brownfield" means any vacant, abandoned or underutilized real property, the development or redevelopment of which may be hindered by the reasonably held belief that the real property may be environmentally contaminated.

"Brownfield Assistance" shall have the meaning ascribed to such term in 19.0 hereof.

"Certified Brownfield" means a Brownfield that the Secretary of the Department of Natural Resources and Environmental Control has certified as a Brownfield pursuant to the regulations promulgated under 7 Del.C. § 9104 (b)(2) p.

"Chairperson" means the Chairperson of the Authority.

"Council" means the Council on Development Finance created by 29 Del.C. § 5007.

"Development Assistance" shall have the meaning ascribed to such term in 15.0 hereof.

"Eligible Project" shall have the meaning ascribed to such term in 19.0 hereof.

"Final Approval" means the final approval of an Application by the Chairperson.

"Financial Assistance" shall have the meaning ascribed to such term in 17.0 hereof.

"GII Loan" shall have the meaning ascribed to such term in 11.0 hereof.

"Green Industries Initiative" means the program created by the memorandum of understanding between the Delaware Development Office, predecessor in interest to the Office, and the Department of Natural Resources and Environmental Control dated December 2, 1991.

"Loan" shall have the meaning ascribed to such term in 10.0 hereof.

"Participation" shall have the meaning ascribed to such term in 9.0 hereof.

"Program" shall have the meaning ascribed to such term in 18.0 hereof.

"Relocation Assistance" shall have the meaning ascribed to such term in 16.0 hereof.

"SBIR" shall have the meaning ascribed to such term in 18.0 hereof.

1 Del. Admin. Code § 402-3.0

16 DE Reg. 662 (12/01/12)