Air Rights Parcel definition

Air Rights Parcel has the meaning assigned to such term in the Mortgage.
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Air Rights Parcel has the meaning given it in Recital G hereof.
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Air Rights Parcel shall have the meaning ascribed thereto in the Collateral Assignment.
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Examples of Air Rights Parcel in a sentence

  • The LDDA will also provide for the conveyance of any Housing Component Ground or Air Rights Parcel back to the City upon creation of such parcel and completion of construction of the improvements.

  • Both refer to the year 2017.• Liquidity is measured as the ratio between current assets and current liabilities in 2017.• Spread, this variable is calculated as the difference between the average bank interest rates applied to corporate loans minus the interest rate at which the companies issued minibonds on the market.

  • Other than the right to purchase the Air Rights Parcel as contained in the Air Rights Lease, no Tenant under any Lease has a right or option pursuant to such Lease or otherwise to purchase all or any part of the property of which the leased premises are a part.

  • Women Business Enterprise (WBE): Refers to a business enterprise that: (i) is certified by the State of North Carolina as a Historically Underutilized Business (HUB) within the meaning of N.C. Gen.

  • Delivery at the Closing of a standard 1992 form of American Land Title Association owner’s policy of title insurance, including extended coverage (or a signed marked binder thereof) (the “Title Policy”) with liability in the amount of the Purchase Price issued by Commonwealth Land Title Insurance Company (the “Title Company”), insuring that fee title to the Air Rights Parcel and leasehold title to the Real Property vests in Buyer subject to the Permitted Encumbrances (as defined in Section 4.2.1).

  • These improvements are shown on conceptual plans included in the EENF entitled "Proposed Conditions Plan, Figure 1.8 Air Rights Parcel 12," dated April, 2019, prepared and submitted to MassDOT on behalf of the Proponent by VHB.

  • The County grants to Developer the right to proceed with subdivision of the Property into the Development Parcels, the Housing Parcels and the Commercial Parcels through the Subdivision Map and the Air Rights Parcel Map, subject to the County's approval of the Subdivision Map and the Air Rights Parcel Map.

  • The Fee Owner has executed this Mortgage to subject its interest in the Air Rights Parcel and the Retail Parcel, including air and development rights, to the lien of this Mortgage; however, the Mortgagee shall have no recourse to the Fee Owner other than to the Air Rights Parcel and the Retail Parcel.

  • Hynes Convention Center (Parcel 13)In September 2014, MassDOT and the MBTA released a Request for Proposal (RFP) seeking a development team to design and develop a 54,000 square foot lot that is comprised of both the Turnpike Air Rights Parcel 13 and the adjacent Hynes Convention Center Station.

  • When construction is complete and the Successor Agency has issued a certificate of completion, the interest of Successor Agency as owner of the Air Rights Parcel and lessor under the Air Rights Lease will be conveyed to MOHCD.


More Definitions of Air Rights Parcel

Air Rights Parcel. As defined in the recitals hereof.
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Air Rights Parcel means a certain parcel of property leased to 77 WWLP pursuant to the Air Rights Lease.
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Related to Air Rights Parcel

  • Water Rights means: (1) with respect to any Person, all of such Person’s right, title and interest in and to any water stock, permits or entitlements and any other water rights related to or appurtenant to property owned or leased by such Person, and (2) with respect to any property, any water stock, permits or entitlements and any other water rights related to or appurtenant to such property.

  • 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;

  • Water right means a legal authorization, such as a permit, claim, or other authorization, on record with or accepted by the department of ecology, authorizing the beneficial use of water in accordance with all applicable state laws.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Utility easement means a right held by a facility operator to install, maintain, and access an underground facility or pipeline.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Private road or driveway means every way or place in private ownership and used for vehicular travel by the owner and those having express or implied permission from the owner, but not by other persons.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Appurtenant Rights means (i) all agreements, easements, rights of way or use, rights of ingress or egress, privileges, appurtenances, tenements, hereditaments and other rights and benefits at any time belonging or pertaining to the Land or the Improvements, including, without limitation, the use of any streets, ways, alleys, vaults or strips of land adjoining, abutting, adjacent or contiguous to the Land and (ii) all permits, licenses and rights, whether or not of record, appurtenant to the Land.

  • Parcel 2 COMMON AREA APPURTENANT TO EACH COMMERCIAL UNIT PARCEL 3: NONEXCLUSIVE EASEMENTS PARCEL C (COMPRISING PARCEL 1, PARCEL 2, AND PARCEL 3,) PARCEL 1;

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Easements shall have the meaning set forth in Section 3.1.12.

  • Public Rights-of-Way means the area on, below, or above a public roadway, highway, street, public sidewalk, alley, waterway, or utility easements dedicated for compatible uses.

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxx Xxxx Xxxxxx Xxxxxxx Xxxx Xxxxx Xxxxxxxx XX0 0XX;

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Land means the land described in Exhibit A.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Mixed-use project means a project comprising both a qualified

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Lands means the purchase of real property or interest in real property.

  • Tandem parking means that two or more automobiles are parked on a driveway or in any other location on a lot, lined up behind one another.

  • Surface Rights is defined in Section 2.2(h).