Examples of Committed Property in a sentence
The provisions of this section 5.5 shall govern the maintenance of the canals, ponds and secondary drainage facilities located on the Committed Property, whether or not same is part of the Association’s Common Area.
As used herein, “Acquisition Cash” means an amount equal to the gross purchase price for each Committed Property, plus the estimated transaction costs and closing costs payable by Holdings or its subsidiary, as purchaser, for such Committed Property to the extent incurred and not paid as of Closing and/or expected to be incurred from and after the Closing, less the amount of the purchase price to be financed.
The further objects and purposes of the Association are to preserve the values and amenities in the Project, as same are defined in the Declaration, and to maintain the Common Properties and any portions of the Committed Property as determined by the Board of Directors or as set forth in the Declaration thereof for the benefit of the Members of the Association.
Residential wells must be approved by the ARC for location on the Committed Property - permitting must be obtained from the St. Johns River Water Management District, Volusia County, and The Town of Ponce Inlet.
Neither the Association nor an Owner or other person shall remove any live tree with a trunk of eight inches or more in diameter (as measured one (1) foot from ground level) from any portion of the Committed Property.
No wells, nurung, drilling or excavation of any type, except for such excavation as may be necessary for construction of Dwelling Units and Common Areas shall be permitted on any portion of the Committed Property.
The Association shall also have all powers granted by statutory and common law not in conflict with the terms of the Declaration and these Articles, and terms, conditions, covenants and restrictions wherever recorded that pertain to the Committed Property (as that term is defined in the Declaration, as arc recorded in the Office of the Clerk of the Circuit Court in and for Volusia County, Florida.
Common Areas shall include, but not be limited to, all Surface Water and Stormwater Management Systems and private streets located on the Committed Property.
The right of the Association to grant and reserve easements and rights-of-way in, through, under, over and across the Committed Property for the installation, maintenance, and inspection of lines and appurtenances for public or private water, sewer, drainage, cable television and other utilities, and the right to grant and reserve easements and rights-of-way in, through, under, over, upon and across the Committed Property for the completion of the Development.
All residents shall show respect for your neighbors and shall not cause or permit any nuisances which interfere with the peaceful possession of their property, illegal or immoral activities on any of the Committed Property.