Additional Parcels definition

Additional Parcels shall have the meaning set forth in Section 5.11(a).
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Additional Parcels means a 1.71-acre parcel of real property (hereinafter the "Rail Spur Parcel") and a 3.412-acre parcel of real property that Lessor intends to acquire from South Charleston Development III LLC after the Effective Date, and which, upon acquisition by Lessor, will be incorporated into the definition of Leased Premises in this Lease, as described in Exhibit B. The target price to acquire the Additional Parcels described in Exhibit B is $1,300,000.
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Additional Parcels of the Prime Lease shall NOT apply to this Sublease. 2) The annual rental to be paid by Sublessee to Sublessor hereunder shall be equivalent to the rental to be paid by Sublessor as Assignee under the Prime Lease ("Prime Rent"), plus an additional sum equal to Fifteen (15%) Percent of the Prime Rent, and shall be paid in the manner and at the times as stated in the Prime Lease.
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Examples of Additional Parcels in a sentence

  • The Parties agree that nothing contained in this Agreement constitutes in any way a pre-approval or authorization of the inclusion of Additional Parcels in the Project.

  • Additional Parcels, Deleted Parcels or Change in Scope of Services: The County may require the appraisal of additional parcels other than those originally specified for the project.

  • In no event shall this Agreement be amended to include Additional Parcels without contemporaneously amending Exhibits A through E to reflect the proposed expansion of the Project.

  • Upon receipt of legal descriptions of the Premises and Additional Parcels from the surveyor as set forth in Section Ten herein, Lessor shall grant Lessee a non-exclusive easement for pedestrian and vehicular ingress, egress and access to and from the Premises on the existing roadway and within ten (10) feet of either side of such roadway in the location generally identified on Exhibit B (the “Access Easement Property”).

  • The land, improvements, and other mortgaged property described in the Additional Parcels Mortgage are referred to collectively herein as the “Additional Parcels”.

  • For the Additional Parcels, the Applicable Rules are the rules, regulations, ordinances and officially adopted policies of the City in force as of the Effective Date, including but not limited to the LASED Specific Plan and the Municipal Code.

  • If any such Additional Parcels are identified, at the option of the MPT Parties and upon written request to the IASIS Parties, the Parties will update Exhibit A to include any such Additional Parcels on Exhibit A.

  • The provisions of this Amendment shall govern and control in the event of any conflict between this Amendment, on the one hand, and the provisions of the Lease, the Guaranty, the Stadium Pledge, the Stadium Mortgage, the Fields Pledge, the Consent, the Additional Parcels Mortgage, and/or the Warrants, on the other hand.

  • In consideration of Landlord acquiring and leasing back the Additional Parcels to Tenant, and in lieu of any increase to Base Rent under the Existing Lease, the TI Allowance available to Tenant under the Lease shall be reduced by an amount equal to the purchase price paid by Landlord to Tenant pursuant to the Additional Parcels Purchase Agreement.

  • Future Additional Parcels, including land owned by the Agency at Candlestick Point, may be added to the Premises in a written notice signed by the Agency Director and Tenant, without the need for an amendment to the Interim Lease.


More Definitions of Additional Parcels

Additional Parcels means those certain parcels adjacent to the Property which may be developed by Tenant and Landlord pursuant to the Development Agreement and which are mortgaged to Landlord pursuant to the Mortgage.
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Additional Parcels means any parcel or parcels of the approximately 37.21 acres of real property identified as Additional Parcels on Exhibit M (Property Boundaries) to this Development Agreement, but shall exclude any portion of such property that is to be conveyed to another Governmental Authority for non-proprietary purposes.
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Related to Additional Parcels

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Additional Party means any employee, worker, agent or sub-contractor of the Company, or anyone entitled to an indemnity, reimbursement or contribution from the Company in respect of a claim by an Interested Party.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Adjoining Property means any adjoining or neighbouring premises in which the Landlord or a Group Company of the Landlord holds or shall at any time during the Term hold a freehold or leasehold interest;