Examples of Annexable Property in a sentence
Upon the annexation of an Annexable Property within the Taylor Properties, the Annexed Property shall be subject to the provisions of this Article.
Declarant reserves the right, but not the obligation, to Record one or more Supplemental Declarations with respect to property within the Project (and with respect to portions of the Annexable Property, in connection with, or subsequent to, the annexation and subjection of such portions to this Declaration pursuant to Section 2.3).
Declarant and its employees, agents, and designees shall have a right of access and use and an easement over and upon all of the Common Area for the purpose of making, constructing, and installing such improvements to the Common Area and to the Annexable Property as it deems appropriate in its sole discretion.
Subject to adjustment upon the addition of Annexable Property, for purposes of this Section only and in order to pursue the development of Ocotillo contemplated by the Master Development Plan, the Class B Member shall at any time be deemed to be the owner of three thousand (3000) Property Interests, less the number of then outstanding Class A Memberships required to pay a full Assessment.
The Chairpersons of the Board of Trustees and the Audit Committee are paid by the Fund Complex an additional $35,000 and $15,000, respectively, per fiscal year.