Land Compensation definition

Land Compensation means all amounts properly paid or payable to third parties for the value of land or an interest in land taken, disturbance (including compensation in consequence of dispossession or displacement from land and including amounts payable pursuant to sections 28, 37(5) and 43 of the Land Compensation Act 1973), severance or injurious affection and also including allowable professional fees, stamp duty, land registration fees and conveyancing costs in respect of the acquisition of land or an interest in land or for use of land for the Site (whether pursuant to a purchase by compulsion or
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Examples of Land Compensation in a sentence

  • THE Developer hereby indemnifies the Council in respect of all actions claims demands expenses and proceedings (including claims for compensation under Part 1 of the Land Compensation Act 1973 or related legislation) arising out of or in connection with or incidental to the carrying out of the Works and their use other than those arising out of or in consequence of any act neglect default or liability of the Council.

  • Rates and clan approvals can be sourced through the applicable IPCAs. IPCA # KPs Date Clan Total Area 11.3 0.16 26/3/2010 35 Dagia - HGCP The Company has also entered into Clan Land Compensation Agreements (CLCA) with impacted clans for compensation under Section 118 of the Oil and Gas Act – land use and enjoyment, surface damage, damage to flora and fauna, gardens and trees, etc.

  • The damages, proceeds, consideration and award, whether awarded by the Land Compensation Board, the Surface Rights Board, a court or otherwise, resulting from any expropriation are, to the extent of the full amount of the monies and obligations secured by this mortgage and remaining unpaid on the date of such expropriation, hereby assigned by the Mortgagor to the Mortgagee and will be paid immediately to the Mortgagee.

  • The Developer hereby indemnifies the Council in respect of all actions claims demands expenses and proceedings (including claims for compensation under Part 1 of the Land Compensation ▇▇▇ ▇▇▇▇ or related legislation) arising out of or in connection with or incidental to the carrying out of the Section 38 Works or the Section 111/278 Works and their use other than those arising out of or in consequence of any act neglect default or liability of the Council.

  • Therefore, Jiayuan Kaichuang Company has agreed to entering into the Land Compensation Agreement with Tianjin Environmental Investment for the facilitation of Houtai Project.

  • Pursuant to Rule 14A.81 of the Listing Rules, the Purchase Agreement on Buried Pipe for Superficial Geothermal Energy shall be aggregated with the transaction contemplated under the Land Compensation Agreement.

  • The principal terms of the Land Compensation Agreement are summarized below: Date: 15 October 2022 Parties: (a) Jiayuan Kaichuang Company; and (b) Tianjin Environmental Investment.

  • In order to facilitate the construction of Houtai Project, Jiayuan Kaichuang Company shall fulfill the prerequisites of paying the Land Compensation Cost to the land reserve authority, thus condition of division will be satisfied; and accordingly ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Company will be able to obtain the right to use state-owned land by way of allocation and subsequently commence the Houtai Project.

  • As one or more of the applicable percentage ratios (after aggregation) are more than 0.1% but less than 5%, the transactions contemplated under the Purchase Agreement on Buried Pipe for Superficial Geothermal Energy and Land Compensation Agreement are subject to the reporting and announcement requirements only, but exempt from the independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

  • The terms of the Land Compensation Agreement were determined after arm’s length negotiations between the parties.