Burdened Owner definition

Burdened Owner means the registered proprietor from time to time of the Lot Burdened and every person which at any time entitled to the estate or interest in the Lot Burdened including any freehold or leasehold estate or interest in possession of the Lot Burdened or any part of it, and all successors, assigns and transferees.
Sample 1Sample 2
Burdened Owner means the registered proprietor from time to time of the Lot Burdened and every person which at any time entitled to the estate or interest in the Lot
Sample 1Sample 2
Burdened Owner means every person or entity who is at any time entitled to the freehold interest in the Lot Burdened.
Sample 1

Examples of Burdened Owner in a sentence

  • The expert's fees and any costs properly incurred by him in arriving at his determination (including any fees and costs of any advisers appointed by the expert) shall be borne by the Burdened Owner and the Benefited Owner in such proportions as the expert shall direct.

  • If, at any time, the Benefitted Owner should fail to perform any of its obligations under Section 3.1 above, then the Burdened Owner shall provide the Benefitted Owner with written notice thereof.

  • Any dispute arising under this Deed shall be determined by a single expert, whose appointment is to be agreed upon between the Burdened Owner and the Benefited Owner, or failing agreement, to be appointed on the application of either party (after notice in writing to the other) by the Chairman of the Scottish Branch of the Royal Institution of Chartered Surveyors.

  • This Agreement shall continue in full force and effect from the date of recordation of this Agreement in perpetuity, unless this Agreement is amended, modified or terminated by an agreement executed, acknowledged and recorded by the Burdened Owner and Benefitted Owner.

  • The Benefited Owner shall indemnify the Burdened Owner in respect of all liabilities incurred, all damage and loss suffered, all claims, demands, actions and proceedings arising as a consequence of any breach of the Servitude Conditions in this Part 2 of the Schedule.

  • The Benefitted Owner agrees to name the Burdened Owner as additional insured under its excess municipal liability program up to a limit of $1,000,000 per occurrence.

  • No compensation shall be payable by the Benefited Owner to the Burdened Owner in respect of any tree, shrub or other vegetation which may be felled or lopped within the Servitude Strip but any such tree, shrub or other vegetation felled or lopped by the Benefited Owner within the Servitude Strip shall be left by the Benefited Owner for the Burdened Owner.

  • The Benefitted Owner shall provide that the Burdened Owner will receive thirty (30) days written notice from the insurer prior to cancellation of coverage.

  • Whenever necessary following exercise of the rights granted in Part 1 of the Schedule, the Benefited Owner shall either (at the Benefited Owner’s option) (i) make good and restore the Burdened Property to the reasonable satisfaction of the Burdened Owner, or (ii) pay the proper and reasonable costs incurred by the Burdened Owner in making good physical damage to the Burdened Property.

  • The Benefitted Owner shall give the Burdened Owner at least fourteen (14) days prior written notice of any laying down, location, construction, reconstruction, removal, replacement, inspection, repair, or maintenance of the Easement Facilities or on the Easement Area except in the event of a bona fide emergency, in which event whatever notice is reasonable under the circumstances shall be given.


More Definitions of Burdened Owner

Burdened Owner means Lightway Holdings Pty Ltd and their respective successors in title of the Burdened Land and all persons deriving title from them;
Sample 1
Burdened Owner means Little Consulting Pty Ltd and its respective successors in title of the Burdened Land and all persons deriving title from them;
Sample 1
Burdened Owner means Little Consulting Pty Ltd, Circa Developments Pty Ltd and Lightway Holdings Pty Ltd and their respective successors in title of the Burdened Land and all persons deriving title from them;
Sample 1
Burdened Owner shall have the meaning ascribed to it in the [ ] ;
Sample 1
Burdened Owner means one or more of the parties hereto whose lands have the burden of a particular covenant, agreement, easement, licence, restrictive covenant or other obligation by virtue of this Agreement;
Sample 1

Related to Burdened Owner

  • Designated Owner means a Person in whose name VMTP Shares of any Series are recorded as beneficial owner of such VMTP Shares by the Securities Depository, an Agent Member or other securities intermediary on the records of such Securities Depository, Agent Member or securities intermediary, as the case may be.

  • Assignor as defined in Section 10.6(c).

  • JOINT OWNER A Contract may be owned by Joint Owners. If Joint Owners are named, any Joint Owner must be the spouse of the other Contract Owner. Upon the death of either Contract Owner, the surviving spouse will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary unless otherwise indicated in an Authorized Request.

  • Transfer Date means, in relation to a transfer, the later of:

  • transfer day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Certificateholder means the Person in whose name the Certificate is registered.

  • Royalty interest owner means a person or the estate of a person, other than a working interest owner, who owns the right to or interest in any portion of the oil and/or gas, or proceeds from the sale thereof, from a tract.

  • Purported Record Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 7(b)(ii) of these Articles Supplementary, the record holder of the Series A Preferred Stock if such Transfer had been valid under Section 7(b)(i) of these Articles Supplementary.

  • Qualified Owner means a Cold War veteran, the spouse of a Cold War veteran, or the unremarried surviving spouse of a deceased Cold War veteran. Where property is owned by more than one qualified owner, the exemption to which each is entitled may be combined. Where a veteran is also the unremarried surviving spouse of a veteran, such person may also receive any exemption to which the deceased spouse was entitled.

  • Shareholder of Record means the record owner of shares issued by an Investment Company or, in the case of joint ownership of such shares, all record owners, as designated (1) in the initial account application, or (2) in writing accompanied by a signature guarantee, or (3) pursuant to procedures as set forth in the Application.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • the transfer date means 1 September 1989;

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Prohibited Owner means, with respect to any purported Transfer, any Person who, but for the provisions of Section 5.9(ii)(a), would Beneficially Own or Constructively Own Shares, and if appropriate in the context, shall also mean any Person who would have been the record owner of the Shares that the Prohibited Owner would have so owned.

  • Owner Participant With respect to any Equipment Note relating to a Leased Aircraft, means the "Owner Participant" as referred to in the Indenture pursuant to which such Equipment Note is issued and any permitted successor or assign of such Owner Participant; and OWNER PARTICIPANTS at any time of determination means all of the Owner Participants thus referred to in the Indentures.

  • Co-owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Conveyance Date means the date of a Conveyance, as specified in the applicable Purchase Notice or Notice of Substitution.

  • Transferor Company means a public gas company.

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Consenting working interest owner means any working interest owner who enters into an agreement with SWN pertaining to the operation of the Posey B Unit.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.