AMI Area definition

AMI Area means that area described in Exhibit D to this Conveyance, as such area may be extended pursuant to Article III of the Development Agreement.

AMI Area means that area depicted on the map set forth on Exhibit B as the AMI Area.

AMI Area means that area described in Exhibit A to the Development Agreement.

Examples of AMI Area in a sentence

• The income eligibility bands for Option #1 are as follows: Percent of residentialfloor areaPercent of AMI*residents must haveExample of income fortwo-person familyExample of income forfour-person family10%40%$30,560$38,16010%60%$45,840$57,2405%100%$76,400$95,400 *AMI: Area Median Income.

• Federal rental assistance provides up to 12 months of rent to those less than 80% of AMI (Area Median Income – determined by County).

• A low-cost unit is defined as one reserved for households with incomes less than or equal to 60% AMI (Area Median Income) and for which rents are restricted to amounts not greater than 30% of income for a household at 60% AMI with a land use restricted period of at least 30 years.

• At Assignor’s option and subject to Section 3.03, at any time prior to the Drilling Obligation Completion Date, Assignor may cause the Trust to execute, acknowledge and deliver to Assignor a recordable instrument (reasonably acceptable to Assignor) that releases from the Royalty Interest undeveloped portions of the Subject Interests in connection with Assignor’s exchange of such Subject Interests for other undeveloped acreage within the AMI Area (the “Exchange Acreage”).

• The Designated Area governmental section in which such Exchange Acreage is located will thereafter be deemed to be part of the AMI Area under this Development Agreement for all purposes and, to the extent the Subject Interests exchanged for the Exchange Acreage constitute all of the Subject Interests within the governmental section in which such Subject Interests are located, such governmental section shall be deemed to be omitted from the AMI Area under this Development Agreement for all purposes.

More Definitions of AMI Area

AMI Area means the States of New York, Pennsylvania and West Virginia, provided that the AMI Area shall not include any Lease or other property that is an Excluded Asset.

AMI Area means that area described in Exhibit A to this Development Agreement, as such area may be extended pursuant to Article III hereof.

AMI Area means that area described in Exhibit A to this Development Agreement.

AMI Area means all lands and Petroleum Substances, other than the lands and Petroleum Substances comprising the Farmout Lands, Option Lands - Block I and Option Lands - Block II within the AMI Area outlined in red on Schedule “E” hereof and subject to the provisions of clause 10 hereof;

AMI Area means: (i) if Purchaser elects to acquire the Specified Assets pursuant to Section 7.21, the area covered by the oil and gas leases included in such Specified Acquisition and the area on Schedule 7.21(a)(2); or (ii) if Purchaser does not elect to acquire the Specified Assets pursuant to Section 7.21, or the Specified Assets are not acquired by Seller prior to Closing, the area described on Schedule 7.21(a)(3); in each case excluding any DSUs which include any Excluded Assets.

AMI Area means the lands (and subsurface) included in the area outlined in bold and shown on the plat set forth on Exhibit A-3, but specifically excludes the Excluded Assets (including the TXCO Properties).

AMI Area means (i) all of the Cook Inlet Region located in Alaska, including, without limitation, the lands (including any subsurface) and the offshore waters located in Anchorage, Xxxxxx, Xxxxx, Kenai, Xxxxxx and Talkeetna Recording Districts, Alaska, (ii) the lands (including any subsurface) located in Campbell, Morgan, Anderson, Fentress, Xxxxx and Xxxxx Counties, Tennessee, (iii) the Susitna Basin located in Alaska, (iv) any acreage in which Borrower or any other Loan Party owns any interest as of the Closing Date (together with the acreage described in clauses (i), (ii) and (iii) above, the “Existing Interests”), (v) any acreage in which Borrower or any other Loan Party acquires any interest prior to the later of (x) the Maturity Date and (y) the payment in full of the Obligations (the “Acquired Interests”), and (vi) any acreage located within a distance of two (2) miles from the boundary line of any acreage associated with the Existing Interests and the Acquired Interests.