Dividing Line definition
Examples of Dividing Line in a sentence
Landlord shall have the right prior to the Closing, however, to adjust the location of the Dividing Line, subject to the prior approval of Seller (which shall not be unreasonably withheld, conditioned, or delayed).
Based on this determination, Operator, following consultation with Royal Gold, shall prior to May 15, 2009 reduce that part of the Shaded Area which is south of the Dividing Line to show shading of only those exploitation mining concessions that are determined to be wholly or partially within the Circular Boundary (the “South Area”).
Based on this determination, Operator, following consultation with Royal Gold, shall prior to May 15, 2009, increase that part of the Shaded Area which is north of the Dividing Line to show shading of the portion lying outside the Shaded Area Boundary of those individual exploitation mining concessions that are determined to be wholly or partially located in the Shaded Area Boundary (and such area north of the Dividing Line, as so increased, is referred to herein as the “North Area”.
The purchase price for the Property ("Purchase Price") shall be $100,000 per acre for the portion of Parcel 10B-1 lying south of the dashed line labeled, "Purchase Price Dividing Line" on Exhibit A and $70,000 per acre for the remainder of Parcel 10B-1 and Parcel 10B-2, all as shown on the final subdivision plat or determined by a boundary survey of the Property prepared by Engineering Services, Inc.