Commercial Leased Land definition

Commercial Leased Land means all or any [that]
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Commercial Leased Land means that portion of the
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Commercial Leased Land means all or any portion of the Initial Commercial Leased Land and the Remaining Commercial Leased Land.
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Examples of Commercial Leased Land in a sentence

  • Certain portions of Authority Land (the “Remaining Commercial Leased Land”) that are subject to a Ground Lease as of the date of recording this [First][Second] Amendment were excluded from the Commercial Leased Land because all or portion of such Remaining Commercial Leased Land was located within the FERC Project Area.

  • Purchaser acknowledges that the improvements, Driveways, paved or gravel roads located wholly within an individual commercial leased lot that is part of the Commercial Leased Land and that serve only that individual commercial leased lot, buildings, houses, and related structures located on the Leased Tract are the property of the Leaseholders unless specifically stated otherwise herein or in the Leaseholder’s Lease and, as such, are not being conveyed hereunder.

  • The Remaining Commercial Leased Land, as described in Exhibit “B-1-B” and depicted on Exhibit “E-B” attached hereto and incorporated herein, is hereby added to and made a part of the Commercial Leased Land.

  • Except as may be otherwise provided herein and any amendments to this Declaration, Commercial Leased Land (and any Undeveloped Strips that are conveyed to an Owner as part of the Commercial Leased Land) may be improved and used for any lawful commercial purpose, including without limitation, non-profit organizations or governmental or quasi-governmental agencies.” h.


More Definitions of Commercial Leased Land

Commercial Leased Land means all or any [that] portion of the Initial Commercial Leased Land and the Remaining Commercial Leased Land [Tract that is located wholly outside the FERC Project Area and that is leased for commercial purposes as of the date the Restrictions are placed of record].
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Commercial Leased Land consists of those tracts of land consisting of approximately 480 acres which are subject to a commercial lease, including a commercial lease where such commercial Leaseholder (as defined below) is authorized to sublease for residential purposes, as generally depicted on Exhibit A attached hereto, as of the date the Declaration Amendment (as hereinafter defined) is filed of record. The Residential Leased Land and Commercial Leased Land are collectively referred to herein as the “Leased Tract.”2 The Leased Tract also includes a portion of that land which is subject to that certain Agreement by and among Seller, The Ranch on Possum Kingdom, L.P., and Hill Country Harbor Village, L.P. (the “Ranch Agreement”, a copy of which was attached to the RFB as Exhibit “F”, and which is incorporated herein by reference as if fully set forth herein) effective as of August 1, 1997 and dated December 12, 1997, some of which land may be used for residential purposes and some of which may be used for commercial purposes; provided however that such portion of the land subject to the Ranch Agreement shall be part of the Leased Tract only to the extent Seller is released from its obligations under the Ranch Agreement as such obligations pertain to such land.
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Commercial Leased Land means that portion of the Leased Tract that is located wholly outside the FERC Project Area and that is leased for commercial purposes as of the date the Restrictions are placed of record.
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Related to Commercial Leased Land

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • 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:

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Leased Real Estate means all leasehold or subleasehold estates and other rights to use or occupy any land, buildings, structures, improvements, fixtures, or other interest in real property held by the Company or any of its Subsidiaries.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Commercial Premises means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Part B takes place.

  • Undeveloped Land means raw land that has not been filled to grade or been permitted for development.