Individual Parcel definition

Individual Parcel means a parcel of property not located in a priority project area that has been designated by the commission or alternative government entity as blighted, and for which the area in which the property is located:
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Individual Parcel shall have the meaning set forth in the Security Instrument.
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Individual Parcel means the particular portion of the Land and the Improvements thereon contributed by an Issuer to the Security Trust Agreement, together with all rights pertaining to such portion of the Land and Improvements.
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Examples of Individual Parcel in a sentence

  • Individual Parcel Contracts entered into pursuant to this PROGRAM AGREEMENT are assured of funding for the entire length of the approved Parcel Contract in accordance with the terms of the Parcel Contract.

  • Each Individual Parcel is comprised of one (1) or more contiguous parcels which constitute a separate tax lot or lots and does not constitute or include a portion of any other tax lot not a part of such Individual Parcel.

  • Such statements shall set forth the financial condition and the results of operations for an Individual Parcel (in case of financial statements furnished pursuant to clause (A) above) or the Property (in case of financial statements furnished pursuant to clause (B) above) for such Fiscal Year, and shall include, but not be limited to, amounts representing annual Net Cash Flow, Net Operating Income, Gross Income from Operations and Operating Expenses.

  • Unless otherwise set forth herein, any obligation or right of either party as to the Property shall apply separately to each Individual Parcel (i.e., the requirement to prepare a Budget shall require a separate Budget for each Individual Parcel, not one Budget for the entire Property).

  • Owner hereby engages Manager as the manager of the -------------------- Property upon the terms and conditions herein stated, for a term, as to each Individual Parcel, beginning on the date set forth on Exhibit A as to --------- that Individual Parcel and ending on the day which is one calendar year thereafter ("Initial Term").

  • The General Property maps (aka General Property Parcel Map) and the Individual Property maps (aka Individual Parcel Map and/or Individual Property Parcel Map) shall be prepared for each site as authorized by the County.

  • Individual Parcel Contracts entered into pursuant to this PROGRAM AGREEMENT are assured of funding for the entire length of the approved Parcel Contract in accordance with the terms of the Parcel Contract and may continue beyond the expiration date of this PROGRAM AGREEMENT.

  • To the best of Borrower's knowledge, each Individual Parcel is comprised of one (1) or more contiguous parcels which constitute a separate tax lot or lots and does not constitute or include a portion of any other tax lot not a part of such Individual Parcel.

  • Thereafter, the Initial Term of this Agreement shall expire, provided however that Owner shall have the right to extend the term hereof for successive one (1) year periods, upon the terms and conditions herein stated, by providing thirty (30) days' prior written notice to Manager (the "Right to Extend"), unless this Agreement is terminated by either party pursuant to Section 12.2 hereof, or until such time as no Individual Parcel is listed on Exhibit A.

  • Borrower may sell any of the Individual Parcels pursuant to a purchase contract and partial releases or partial satisfaction of Mortgage shall be executed and delivered by the Bank for such Individual Parcel sold, upon the terms and conditions set forth in this Article.


More Definitions of Individual Parcel

Individual Parcel means any one of the parcels described on Exhibit A attached hereto and incorporated by this reference, which parcels are commonly referred to herein as Park Royale (Parcel A), Pinewood (Parcel B), Westwind I (Parcel C), and Westwind II (Parcel D).
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Individual Parcel shall have the meaning set forth in Section 1.06A.
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Related to Individual Parcel

  • 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”.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Individual PAGA Payment means the Aggrieved Employee’s pro rata share of 25% of the PAGA Penalties calculated according to the number of Workweeks worked during the PAGA Period.

  • 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;

  • Parcel 2 means the land described on Exhibit B-1 to the Elm Road II Ground Lease.