Fractional lot means a portion of a section in a town- ship formed by the excess or deficiency of land in said township, as shown by the U.S. government survey plat.
Fractional lot means interests in Copper that represent a fractional portion of a Whole Lot that has been notionally divided into two fractional portions by the Warehouse Administrator through a book-entry procedure with each portion held at the relevant Warehouse Location, respectively, by an Authorized Participant in a Reserve Account and by the Trust in a Trust Account.
Examples of Fractional lot in a sentence
Section 58 of the principal Ordinance is amended by omitting subsection (3).