PARCEL MAP. As of the E fective Date of this Agreement, CSU has submitted, and the City is processing, the Parcel Map application, which Parcel Map is intended to
PARCEL MAP. Prior to transfer of ownership and recordation of the deeds for the New District Property and New City Property, the Parties will file for a parcel map in order to subdivide the Properties. The Pool Property shall be merged with the New City Property via the parcel map process, as depicted in Exhibit “D-2”. The District will submit application for the parcel map and pay for all associated costs. The parcel map will process concurrently with construction of the New District Property. The Parties understand that recordation of the parcel map will occur after commencement of construction of New District Property.
PARCEL MAP. Tenant acknowledges that Landlord may attempt to record a parcel or final map subdividing the Shopping Center into lots or parcels and agrees to join in executing any certificates or other documents required in connection therewith, so long as said map does not adversely affect Tenant's rights or increase Tenant's obligations under this Lease; provided that this subparagraph (h) shall not be construed as obligating Tenant to incur any expense or to agree to incur any expense in connection therewith other than costs incurred in reviewing same.
PARCEL MAP. The City will prepare at its expense the Parcel Map in accordance with NRS 278.4925 that (a) dedicates portions of APN 00-000-00 to the City for the right-of-way area, (b) reconfigures the Victorian Square Public Plaza, and (c) establishes New Parcels I, J, and P. The Parcel Map will be in substantial conformance with the draft Parcel Map that is attached as Exhibit 1 to this Agreement. Wolfhound shall have the right to review and approve the Parcel Map, provided however, that such approval shall not be unreasonably withheld. Once the Parcel Map has been finalized and approved, the City shall cause the Parcel Map to be recorded.
PARCEL MAP. The Parcel Map subdividing the Property into the Phase I Parcel and the Phase II Parcel must be approved by the City, in its sole and absolute discretion, and the Developer; the Parcel Map must be been recorded prior to the Close of Escrow for the conveyance of Phase I; and the Developer must have paid the costs related to recording the Parcel Map. All applicable subdivision improvement agreements and “CC&Rs” and the like that are conditions of approval of the Parcel Map must be executed and delivered/recorded prior to or concurrently with the applicable Close of Escrow.
PARCEL MAP. The Parcel Map will create three (3) airspace lots within a single parcel of land (Parcel 1) in which the owners of the airspace lots will hold an undivided interest in the land that provides required access, parking, emergency egress and utilities to the airspace lots. The land area of Parcel 1 shall be used to determine compliance with development standards, including, but not limited to floor area ratio, setbacks, emergency access/egress and yards. The Parcel Map will result in airspace subdivision with required parking, access, emergency egress and utilities to both of the existing buildings and the proposed building (airspace Lots A, B and C) being provided within and across the land of Parcel 1. Consequently, the Developer shall record or cause to be recorded a covenant and reciprocal easement agreement in the form of Exhibit “O” attached hereto (the “CC&Rs”) to assure that sufficient parking, necessary access and utilities will at all times be provided for each building on the Property in accordance with this Development Agreement and all other applicable requirements. Parcel 1 and Lots A, B and C will become separate legal parcels following recordation of the final Parcel Map. Following such recordation, this Development Agreement shall only apply to Parcel 1 and Lot C and the City agrees to execute and record such documents or instruments as may be reasonably necessary to release Lots A and B from this Agreement and to substitute a revised legal description to this Agreement. The time period for finalizing the tentative Parcel Map shall be governed by the Subdivision Map Act and the City Subdivision Ordinance.
PARCEL MAP. A map or plat, based on official records, of the property described in Article 1 hereof, showing the boundaries and dimensions of the parcels to be appraised. Each parcel shall be designated by a number, and numbers shown on CONSULTANT's reports shall correspond to the parcel numbers shown on the map or plat, except that additional parcel numbers may be assigned by CONSULTANT for easements appraised separately or for additional parcels revealed while making the appraisals.
PARCEL MAP. All information contained herein is deemed reliable but not guaranteed by seller nor broker and should be independently verified by potential buyers. We assume no liability for errors or omissions. 6
PARCEL MAP. BUYER will commission and submit a parcel map (the “Final Parcel Map”) to SELLER for the purpose of validly creating Parcels A and B that fit the requirements of both projects as determined by BUYER. This Agreement and BUYER’s obligation to purchase Parcel A is subject to and conditioned upon the approval and recording of said Final Parcel Map, which approval shall not be unreasonably withheld. SELLER shall cause its Building Division to review, comment and thereafter approve the Final Parcel Map on an expedited basis.
PARCEL MAP. BUYER's obligation to proceed with the Close of Escrow and purchase the Property is contingent upon recordation of the Parcel Map on or before the Closing Date. If the Ocean Ranch Developer has not caused the recordation of the Parcel Map in conformance with the requirements of the Ocean Ranch Contract on or before the date that the Close of Escrow is otherwise ready to occur, then BUYER shall have the right to extend the Closing Date (and BUYER's right to terminate this Agreement on account of the nonsatisfaction of this condition) for an additional period of thirty (30) days to allow additional time for the satisfaction of this condition by giving SELLER written notice of such extension on or before the date that the Close of Escrow would have occurred without the delay caused by the nonsatisfaction of this condition. Any such delay shall constitute a SELLER's Delay to be taken into account for purposes of determining any adjustment in the Purchase Price in accordance with section 4.4 above.
