Examples of Excluded Site in a sentence
The following policy constraints will automatically result in a site being treated as an Excluded Site for the purposes of residential development: ConstraintJustificationSite lying wholly within, or adversely constrained by, a European Nature Conservation Site (SAC and SPA including the Thames Basin Heaths Special Protection Area)Protected by European LawSite lying wholly within, or adversely constrained by, a Site of Special Scientific Interest (SSSI).
From and after the Signing Date, Buyer shall not, and shall cause its Affiliates and its and their respective officers, directors, employees and Representatives not to, take any actions designed and a purpose of which is to cause third parties to provide notices or to take the position that any Portfolio Site is, may be, or should be a Managed Site or an Excluded Site.
Until the Final Closing Date Deadline, Seller shall use commercially reasonable efforts at its sole cost and expense, to cure the outstanding Exception Site Condition(s) identified on the Closing Site Designations List for the Closing for a Portfolio Site that cause such Portfolio Site (other than an Excluded Site) to be an Exception Site.
Regardless of the number of conditions that Buyer may believe merit exclusion and regardless of the response of Seller to any Exclusion Notice, Buyer may not designate or attempt to designate any Sites as either a Diligence Excluded Site or a Post Diligence Excluded Site to the extent that the total aggregate Allocated Purchase Price of all Excluded Sites would exceed $189,110,000.00 (the “Exclusion Limit”).
For the avoidance of doubt, no representation, warranty, or covenant is being made hereunder with respect to any site which is an Excluded Site at the Applicable Closing.