Adjoining Parcel definition
Examples of Adjoining Parcel in a sentence
Two (2) executed counterparts of a Waiver of Easements (the “Waiver of Easements”), in the form attached hereto as Exhibit T, waiving any rights of Seller, as owner of the 1400 Parcel, and Peachtree North Associates, LLC, as owner of the Adjoining Parcel, in any easements rights referenced in that certain Affidavit recorded February 26, 2004 at Deed Book 37187, Page 187, Gwinnett County, Georgia Records.
If, during the term of this Agreement, the Fund purchases additional property adjacent to any Real Estate Investment in connection with a development opportunity identified by Advisor (such property, an “Adjoining Parcel”), then, such Adjoining Parcel shall be treated as a separate “Real Estate Investment” and Advisor shall be entitled to receive an Acquisition Fee with respect thereto.
No rights with respect to the Adjoining Parcel or any reversions, remainders, privileges, easements, rights-of-way, appurtenances, agreements, rights, licenses, tenements and hereditaments appertaining to or otherwise benefiting or used in connection with the Adjoining Parcel shall be released or included in the conveyance contemplated in this Agreement.
The lien, when such notice has been recorded, shall be prior and superior to all right, title, interest, lien or claim that may be or has been acquired or attached to such portion of the Adjoining Parcel after the time of filing of this Declaration.
Tenant further covenants that Tenant shall not take any action to affect any permitting or design approval process undertaken with respect to the Adjoining Parcel or any development thereof, and that Tenant, shall not intervene, directly or indirectly in any administrative or judicial proceedings involving the Adjoining Parcel or any development thereof.
At such time as ▇▇▇▇▇ elects or is obligated pursuant to this Agreement to construct Office Building 2, ▇▇▇▇▇ shall cause the remainder of the Property to be legally subdivided to create the Adjoining Parcel as contemplated by Recital C.
In addition thereto, Purchaser hereby agrees to assume full care, custody and control of and responsibility for the proper maintenance, repair and operation of the Adjoining Parcel and to pay any and all costs associated therewith including without limitation, liability insurance and real estate taxes, to the same manner and effect as if it were a part of the Sublease Premises.
The Adjoining Parcel is hereby made subject to an easement in favor of the Benefitted Owners (including their agents, employees and contractors) for the purpose of entry to take any and all remedial action necessary or desirable to cure violations of this Declaration.
So long as Buyer or an affiliate of Buyer owns the Property, if Buyer or its affiliate sells or transfers to the owner of the Adjoining Parcel the right to use any lakes on the subject Property for drainage of such Adjoining Parcel, then the net cash proceeds (i.
The Declarant and its successors and assigns hereby reserve the right and option, at any time and from time to time within seven (7) years from the date of recording of this Declaration, to annex to the Property all or any portion of the Adjoining Parcel, although no provision hereof shall be construed as requiring the Declarant to do so.