Subdivision Sample Clauses

Subdivision. Landlord reserves the right to further subdivide all or a portion of the Project. Tenant agrees to execute and deliver, upon demand by Landlord and in the form requested by Landlord, any additional documents needed to conform this Lease to the circumstances resulting from such subdivision.

Subdivision. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of issued and outstanding Ordinary Shares is increased by a capitalization of Ordinary Shares, or by a subdivision of Ordinary Shares or other similar event, then, on the effective date of such share capitalization, subdivision or similar event, the number of Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in the issued and outstanding Ordinary Shares. A rights offering to holders of the Ordinary Shares entitling holders to purchase Ordinary Shares at a price less than the “Fair Market Value” (as defined below) shall be deemed a capitalization of a number of Ordinary Shares equal to the product of (i) the number of Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Ordinary Shares) and (ii) one (1) minus the quotient of (x) the price per Ordinary Share paid in such rights offering divided by (y) the Fair Market Value. For purposes of this subsection 4.1.1, (i) if the rights offering is for securities convertible into or exercisable for the Ordinary Shares, in determining the price payable for Ordinary Shares, there shall be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) “Fair Market Value” means the volume weighted average price of the Ordinary Shares as reported during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights.

Subdivision. Landlord reserves the right to subdivide all or a portion of the buildings and Common Areas, so long as the same does not interfere with Tenant’s use of or access to the Premises or Tenant’s parking rights. Tenant agrees to execute and deliver, upon demand by Landlord and in the form requested by Landlord, any additional documents needed to conform this Lease to the circumstances resulting from a subdivision and any all maps in connection therewith, so long as the same does not increase Tenant’s obligations or decrease Tenant’s rights under this Lease. Notwithstanding anything to the contrary set forth in this Lease, the separate ownership of any buildings and/or Common Areas by an entity other than Landlord shall not affect the calculation of Direct Expenses or Tenant’s payment of Tenant’s Share of Direct Expenses.

Subdivision. Landlord reserves the right to subdivide all or a portion of the buildings and Common Areas. Tenant agrees to execute and deliver, upon demand by Landlord and in the form requested by Landlord, any additional documents needed to conform this Lease to the circumstances resulting from a subdivision and any all maps in connection therewith. Notwithstanding anything to the contrary set forth in this Lease, the separate ownership of any buildings and/or Common Areas by an entity other than Landlord shall not affect the calculation of Direct Expenses or Tenant’s payment of Tenant’s Share of Direct Expenses.

Subdivision. Evidence satisfactory to Lender (including title endorsements) that the Land relating to each Individual Property constitutes a separate lot for conveyance and real estate tax assessment purposes.

Subdivision. 22.1 The Vendor shall at its cost use all reasonable endeavours to: (1) Subdivide the Land generally in accordance with the Scheme Plan; (2) Complete the Subdivision in accordance with the requirements of the Relevant Authorities; and (3) Enable the issue of individual title for the Property from LINZ. 22.2 The Purchaser acknowledges that all measurements and areas indicated on the Scheme Plan are approximate only and may be varied: (1) On completion of the Subdivision Plan by the Vendor’s surveyor; (2) On examination of the Subdivision Plan by LINZ; (3) To incorporate such amendments required by LINZ and/or the Relevant Authorities; and (4) To incorporate such amendments which in the opinion of the Vendor are necessary or desirable. 22.3 The Purchaser shall not be entitled to requisition, cancel or vary the terms of this Agreement or demand compensation from the Vendor due to the measurements, dimensions, boundaries or areas indicated on the Scheme Plan being varied provided 22.4 The Purchaser acknowledges that the Vendor retains the following rights in respect of the Property (provided the Vendor acts reasonably in all respects): (1) To store soil in the course of development works on the Property; (2) To cut away or remove as reasonably required, the soil and substrata of the Property and/or any other part of the Land and fill as reasonably required adjacent to roads, accessways or rights of way; and (3) To excavate contour, lower, fill, landscape or plant the Property and Land. 22.5 The Purchaser agrees not to make any objection or do anything by act or omission to directly or indirectly impede or delay any application by the Vendor for resource consent under the Resource Management Act 1991 or any other application for land use or subdivision of the Land. 22.6 In addition to the warranties in the general terms of sale, the Vendor further warrants and undertakes that at the Settlement Date: (1) The Property will be left in a clean and tidy condition; (2) All construction debris will be removed from the Property; (3) All boundary pegs will be clearly flagged; and (4) The Subdivision will be completed in accordance with the terms and conditions of the Consents.

Subdivision. The Individual Properties located in Florida, New York, Oregon and Texas comply in all material respects with all applicable subdivision laws, ordinances and regulations.

Subdivision. The subdivision of land reflected in the County PUD/Subdivision Approval, which was established pursuant to the Subdivision Governing Documents.

Subdivision. Tenant acknowledges that the Project has been subdivided. Landlord reserves the right to further subdivide all or a portion of the buildings and Common Areas in the Project. Xxxxxx agrees to execute and deliver, upon demand by Landlord and in the form requested by Landlord, any additional documents needed to conform this Lease to the circumstances resulting from a subdivision and any all maps in connection therewith. Notwithstanding anything to the contrary set forth in this Lease, the separate ownership of any buildings and/or Common Areas of the Project by an entity other than Landlord shall not affect the calculation of Project Expenses or Tenant's payment of Tenant's Share of Project Expenses.

Subdivision. Permit Mortgage Borrower to subdivide any Individual Property other than with respect to Unimproved Parcels in accordance with the terms of this Agreement or otherwise with the prior consent of Mezzanine Lender which consent shall not be unreasonably withheld, conditioned or delayed.