Benefited property owner definition

Benefited property owner means an owner of qualifying commercial real property who desires to install energy improvements and provides free and willing consent to the benefit assessment against the qualifying commercial real property;
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Benefited property owner means the owner of record of a Benefited Property meeting requirements for participation in the Program as an owner.
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Benefited property owner means an owner of Qualifying Commercial Real Property who desires to install Energy Improvements and provides free and willing consent to the Benefit Assessment against the Qualifying Commercial Real Property. In an event of a conflict between this definition and that which is ascribed in the C- PACE Legislation, the C-PACE Legislation shall govern.
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Examples of Benefited property owner in a sentence

  • The Burdened Property Owner shall continue to provide the Off-Site Parking Spaces for the benefit of the Benefited Property, until such time as the Benefited Property Owner replaces the Off-Site Parking Spaces, in the manner provided in Paragraph 6 of this Agreement.

  • In executing this Agreement, the Benefited Property Owner and the Burdened Property Owner waive all objections they may have concerning defects, if any, in the formalities related to the execution of this Agreement, or concerning the power of the Town to impose conditions on the Benefited Property Owner or the Burdened Property Owner, as set forth herein, and concerning the procedure, substance and form of the motions or resolutions approving this Agreement.

  • Any certificate of occupancy that is issued for the Benefited Property, temporary or otherwise, is subject to the continued availability of the Off-Site Parking Spaces for use by the Benefited Property Owner at the Burdened Property.

  • The Burdened Property Owner and the Benefited Property Owner and the undersigned individual(s) understand that the Town is relying on such representations and warranties in entering into this Agreement.

  • In the event of a breach of any of the terms or conditions of this Agreement by the Benefited Property Owner or the Burdened Property Owner, the Town Administrator shall be notified immediately and the Town may take such action as permitted and/or authorized by law, this Agreement, or the ordinances and Charter of the Town.

  • Should this Agreement become the subject of litigation to resolve a claim of default of performance by the Benefited Property Owner or the Burdened Property Owner, and a court of competent jurisdiction determines that the Benefited Property Owner or the Burdened Property Owner was in default in the performance of the Agreement, the Benefited Property Owner or the Burdened Property Owner, as applicable, shall pay the Town's attorney fees, expenses and court costs.

  • The Benefited Property Owner and the Burdened Property Owner agree that the terms and conditions of this Agreement are covenants that run with the Burdened Property and are for the benefit of the Benefited Property and can only be released by the Town.


More Definitions of Benefited property owner

Benefited property owner means an owner of qualifying commercial real property who desires to install energy improvements and provides free and willing consent to the benefit assessment against the qualifying commercial real property.
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Benefited property owner means the owner of the Benefited Property.
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Benefited property owner means an owner of qualifying commercial real property who desires to
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Benefited property owner means the owner of record of a Benefited Property meeting
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Benefited property owner means an owner of qualifying
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Related to Benefited property owner

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Benefited Lender as defined in Section 10.7(a).

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Released Property means any portion of the Project removed, scrapped, traded in, sold, or otherwise disposed of pursuant to Section 4.03 hereof, any portion of the Project stolen, damaged, destroyed, or taken by condemnation or eminent domain proceedings as described in Article VII hereof, and any infrastructure which the Company dedicates to the public use (within the meaning of that phrase as used in Section 12-6-3420(C) of the Code).

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Benefitted Lender as defined in Section 10.7(a).