Land Grant Contract definition

Land Grant Contract. [ ] “Land-Use Rights” the existing granted land-use rights for the Mortgaged Lands as described in the Land-Use Rights Certificate(s) and any future granted land use rights acquired by the Borrower for the Project;
Land Grant Contract means the land grant contract executed between the PRC Affiliate and Shanghai House and Land Resource Bureau for the land use right of the Land.

Examples of Land Grant Contract in a sentence

  • Therefore, the potential value of the intended development of a commercial and retail complex over the PRC Land in accordance with the Land Grant Contract is limited.

  • New Land shall consult regularly with Prax and keep Prax informed on a timely basis regarding all matters in connection with the negotiation of the Land Grant Contract.

  • Party B shall use the Land Parcel only in accordance with the land use conditions set out in Annexure 2 to the Land Grant Contract.

  • Party A has paid the land grant premium (the "LAND GRANT PREMIUM") and all applicable taxes and fees in accordance with Articles 12, 13, 16 and 17 of the Land Grant Contract in full and Party A has been registered as the owner of the land use rights over the Land Parcel as evidenced by a State-owned Land Use Rights Certificate dated 20 January 2003 (Certificate Number: su gong yuan ▇▇▇ ▇▇▇▇ (2003) No. 014).

  • Further, Prax shall have the right, but not the obligation, to observe and participate in negotiations with the Xi’an LRB regarding the Land Grant Contract.

  • Pursuant to the Third Supplemental Agreement, the Purchaser will receive a New Land Grant Contract under which the available floor area on the Project Land will be 37,848 square metres, representing 13,748 square meters more than the floor area used in the Long Hua Land.

  • The Land Grant Contract in respect of the Land was entered on 21 March 1994.

  • The other terms and conditions of the Land Grant Contract shall be subject to the prior written approval of Prax, which approval shall not be unreasonably withheld.

  • On 16 January 2013, Nanjing Zendai and Nanjing Land Bureau entered into the Land Grant Contract to set out the principal terms in respect of the Acquisition.

  • Pursuant to the Land Grant Contract, Nanjing Land Bureau shall complete the transfer of the land use rights of the Land Parcel to Nanjing Zendai on or before 16 January 2014.