Common use of Lower Boundaries Clause in Contracts

Lower Boundaries. The horizontal plane of the unfinished upper surface of the floor of the Unit (which will be deemed to be the floor of the first story if the Unit is a multi-story Unit, provided that in multi-story Units where the upper boundary extends beyond the lower boundary, the lower boundary shall include that portion of the floor of the upper floor for which there is no corresponding floor on the bottom floor directly below the floor of such top floor).

Appears in 2 contracts

Samples: Declaration of Condominium, Commercial Unit Purchase Agreement (Sotherly Hotels Lp)

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Lower Boundaries. The horizontal plane of the unfinished upper surface of the floor of the Unit (which will be deemed to be the floor of the first story if the Unit is a multi-story Unit, provided that in multi-story Units where the upper boundary extends beyond the lower boundary, the lower boundary shall include that portion of the floor of the upper floor for which there is no corresponding floor on the bottom floor directly below the floor of such top floor).floor).‌

Appears in 1 contract

Samples: Declaration of Condominium

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Lower Boundaries. The horizontal plane of the unfinished upper surface of the floor of the Unit (which will be deemed to be the floor of the first story if the Unit is a a, multi-story Unit, provided that in multi-story Units where the upper boundary extends beyond beyond’ the lower boundary, the lower boundary shall include that portion of the floor of the upper floor for which there is no corresponding floor on the bottom floor directly directly, below the floor of such top floor).

Appears in 1 contract

Samples: Third Amendment (MHI Hospitality CORP)

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