Deleted Parcel definition

Deleted Parcel means, (A) the Environmentally Defective Parcel, if such Environmentally Defective Parcel is either an entire separate legal or deeded tract, or (if not) can be subdivided by the execution and recordation of a deed (in which event Purchaser and Seller, each acting reasonably, shall mutually agree on the boundaries and configuration of such Deleted Parcel, provided that such Deleted Parcel shall be configured to be merchantable timberlands and to not adversely affect the ability of Purchaser or its successors to operate and harvest the Timberlands contiguous thereto), or (B) otherwise, the full deeded or legal tract or tracts in which such Environmentally Defective Parcel is located (regardless of how much larger the Deleted Parcel is than the Environmentally Defective Parcel).
Sample 1Sample 2Sample 3
Deleted Parcel has the meaning specified in Section 11.5(b).
Sample 1
Deleted Parcel has the meaning set forth in Section 2.10.
Sample 1

Examples of Deleted Parcel in a sentence

  • Promptly after Purchaser’s delivery of written notice of Purchaser’s election to exclude the Deleted Parcel from the Purchased Assets, the Parties shall consult and negotiate with each other in good faith regarding the appropriate reduction in the Installment Note Purchase Price for said Deleted Parcel.

  • If either the Deleted Parcel or the remainder of the related REC Parcel require access over the other to provide practical access to a public road, the parties shall at the Closing, create appropriate 60’ wide easements for roads and utilities benefiting the parcel requiring such access.

  • Parcel 15 (intentionally deleted and replaced by 15A and 15B) Parcel 15C Intentionally Deleted Parcel 16 That portion of Section 3 in Township 1 North, Range 41 East, PMM, described as Tracx 0 xx Xxxxxxxxxxx xx Xxxxxx Xx. 00000 xxxed October 29, 1987 for record in the office of the Clerk and Recorder of Rosebud County, Montana as Document No. 58701.

  • If the Parties are unable to mutually agree on the fair market value of the Casualty Carve Out, or if applicable, the discounted cash flows with respect to the applicable Leasehold Interest, within thirty (30) days after Purchaser’s delivery of notice of Purchaser’s election to exclude the Casualty Carve Out from the Purchased Assets, then the Casualty Carve Out shall determined by an Independent Appraiser in accordance with Section 11.5(c) below as though the Casualty Carve Out were a Deleted Parcel.

  • The parties shall cooperate in determining the boundaries of the Deleted Parcel, and in obtaining any partition or land division approvals for the creation of the Deleted Parcel and the remainder of applicable REC Parcel as separate legal lots which are separately conveyable.

  • Parcel 15C Intentionally Deleted Parcel 16 That portion of Section 3 in Township 1 North, Range 41 East, PMM, described as Tracx 0 xx Xxxxxxxxxxx xx Xxxxxx Xx. 00000 xxxed October 29, 1987 for record in the office of the Clerk and Recorder of Rosebud County, Montana as Document No. 58701.

  • Any such parcel(s) so deleted (individually, a "Deleted Parcel" and collectively, the "Deleted Parcels") shall no longer be part of the Designated Parcels and the term "Designated Parcels" shall thereafter include only the remaining Designated Parcels not so deleted.

  • Parcel D: Intentionally Deleted Parcel E: Parcel 1 of Parcel Map Xx. 00000, xx xxx Xxxx xx Xxxxxx, County of Los Angeles, State of California, as per Map recorded in Book 355, Pages 81 through 83, inclusive, of Maps, in the Office of the County Recorder of said County.

  • If the Parties are unable to mutually agree on the fair market value of any Excluded Parcel, or if applicable, the discounted cash flows with respect to the applicable Leasehold Interest, within thirty (30) days after Purchaser’s delivery of notice of Purchaser’s election to exclude the Excluded Parcel from the Purchased Assets, then the Excluded Parcel shall determined by an Independent Appraiser in accordance with Section 11.5(c) above as though the Excluded Parcel were a Deleted Parcel.

  • In the event any Designated Parcel is so deleted, Assignee shall have no right under Section 4.09 of the ERPA or otherwise, to lease such Deleted Parcel from Seller or to otherwise acquire any interest in such Deleted Parcel.

Related to Deleted Parcel

  • Accessory Structure (Appurtenant Structure means a structure located on the same parcel of property as the principal structure and the use of which is incidental to the use of the principal structure. Garages, carports and storage sheds are common urban accessory structures. Pole barns, hay sheds and the like qualify as accessory structures on farms, and may or may not be located on the same parcel as the farm dwelling or shop building.

  • Release Property has the meaning set forth in Section 2.5.

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Interior of the dwelling unit means the inside of the dwelling unit, consisting of interior walls,

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Original Project means the Project described in the Original Financing Agreement.

  • Detached building means any building which is not physically connected to the dwelling.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Basic Lease Provisions means and refer to the following collective terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxx Xxxx Xxxxxx Xxxxxxx Xxxx Xxxxx Xxxxxxxx XX0 0XX;

  • Site Plan means a document or map that may be required by a county during a preliminary review preceding the issuance of a building permit to demonstrate that an owner's or developer's proposed development activity meets a land use requirement.

  • Vacant Land means the land parcels described on Schedule A attached hereto.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Parking Garage means a building or portion of a building, other than a private garage, that is used for the temporary parking of motor vehicles;

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • Parcel 2 COMMON AREA APPURTENANT TO EACH COMMERCIAL UNIT PARCEL 3: NONEXCLUSIVE EASEMENTS PARCEL C (COMPRISING PARCEL 1, PARCEL 2, AND PARCEL 3,) PARCEL 1;