Exchange Parcel definition

Exchange Parcel has the meaning given that term in Section 2.16.(c).
Sample 1Sample 2
Exchange Parcel has the meaning set forth in Section 6.2(c).
Sample 1
Exchange Parcel shall have the meaning set forth in Section 2.2 of this ---------------- Agreement. "Fair Market Value," with respect to any particular Selected Option ------------------- Property, shall mean the most probable price for which the Selected Option Property would sell in a competitive and open market for uses other then those associated with the development or operation of a landfill and under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming that the price, is not affected by coercion, undue stimulus, urgency or extraordinary need, subject to the following: (i) Fair Market Value shall be determined with reference to sales, closed during the five years prior to the making of the determination, of similar properties in similar areas for uses other than those associated with the development or operation of a landfill; and (ii) the Fair Market Value of the Selected Option Property shall reflect any adjustment in value to a third party purchaser that would likely result from HNRC's rights under this Agreement to make use of the Selected Option Property.
Sample 1

Examples of Exchange Parcel in a sentence

  • The redevelopment that will occur within and upon the Mall at Shelter Cove Tract, including the Exchange Parcel, as exemplified in the Concept Plan.

  • The Seller shall be unconditionally obligated to accept any Exchange Parcel acquired by the Purchaser pursuant to the terms of this Agreement.

  • Once the Applicant and the City exchange the Applicant Exchange Parcel and the City Exchange Parcel, the legal description of the Property will be as set forth in Exhibit “A-2” attached hereto and incorporated herein by this reference.

  • In accordance with Paragraph V (D), the Town shall purchase the Community Park from SCTC at the Purchase Price and at the time more fully described in Paragraph V (D), including the transfer by the Town to SCTC of the Exchange Parcel.

  • The Town will be responsible to pay the transfer tax on the Deed for the Exchange Parcel and SCTC shall be responsible to pay the cost of transfer tax on the Community Park Site as valued prior to the installation of improvements.

  • In regard to the transfer of the Exchange Parcel, the Exchange Parcel shall be conveyed free and clear of liens and encumbrances, except for the Covenants and Restrictions described in Paragraph VI (N).

  • The Exchange Parcel shall be used to construct multi- family dwelling units and related recreation and club facilities as shown on the Concept Plan and in accordance with Ordinance Number .

  • Within a year after the Applicant begins development of the Property, the Applicant will commence the design, permitting and construction of improvements on the Applicant Exchange Parcel (which will then be owned by the City) as part of the Xxxxxxxxx Regional Park.

  • The purchase price to be paid by the Town to SCTC for the Community Park will be equal to one-half of the construction cost (“Construction Cost”) plus the exchange of the Exchange Parcel as more fully described in Paragraph IV (C) above.

  • SCTC shall also be responsible for the construction of all of the pathways shown on the Concept Plan that are not located within the Community Park and the remaining Town-owned portion of the Shelter Cove Community Park (not included within the Exchange Parcel), to provide public access easements over all such pathways to provide for the use and enjoyment of same by the general public.


More Definitions of Exchange Parcel

Exchange Parcel shall have the meaning given in Section 9.1(b).
Sample 1

Related to Exchange Parcel

  • Exchange Property has the meaning set forth in Section 11(a).

  • Cooperative Unit A single family dwelling located in a Cooperative Property.

  • 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;

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

  • exchange policy means Exchange Policy 4.6 - Public Offering by Short Form Offering Document and Exchange Form 4H - Short Form Offering Document, of the TSX Venture Exchange as amended from time to time;

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Private Units means (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.

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

  • Cooperative Shares Shares issued by a Cooperative Corporation.

  • Private road or driveway means every way or place in private ownership and used for vehicular travel by the owner and those having express or implied permission from the owner, but not by other persons.

  • Transfer Restricted Securities means Securities that bear or are required to bear the legend set forth in Section 2.3(b) hereto.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • 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;

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Membership Unit means an outstanding common membership unit of the LLC.

  • Single-family dwelling unit means a structure that is usually occupied by just one household or family and for the purposes of this Policy is expected to generate an average of 250 gallons per day of wastewater.

  • Private property means any dwelling and its curtilage which is being used by a natural person or natural persons for habitation and which is not open to the public and privately owned real property which is not open to the public. "Private property" shall not include:

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

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

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Trust Land ’ means an interest in land the title to which is held in trust by the United States for an Indian or Indian tribe, or by an Indian or Indian tribe subject to a re- striction by the United States against alien- ation;

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • Transfer Restricted Notes means Definitive Notes and any other Notes that bear or are required to bear the Restricted Notes Legend.

  • Forest land means all land which is capable of supporting a merchantable stand of timber and is not being actively used for a use which is incompatible with timber growing. Forest land does not include agricultural land that is or was enrolled in the conservation reserve enhancement program by contract if such agricultural land was historically used for agricultural purposes and the landowner intends to continue to use the land for agricultural purposes in the future. For small forest landowner road maintenance and abandonment planning only, the term "forest land" excludes the following: