Land-use restriction definition

Land-use restriction means covenants restricting the use of land, recorded regulatory agreements, or any other form of an equitable servitude.
Land-use restriction means a restriction, in terms of zoning, on the extent of the improvement of land.
Land-use restriction means a restriction on the extent of the improvement, use, or access of land.

Examples of Land-use restriction in a sentence

  • The Master Leases, the Land Use Restriction Agreements (defined below), and the Trust Indentures (defined below).

  • Such remediation shall be in a manner which does not require use restriction, such as an Environmental Land Use Restriction ("ELUR"), unless such ELUR does not limit or impair the Buyer's operation of Business after the Closing or materially increase the cost of the Business' operations.

  • Seller represents and acknowledges and agrees that the redemption of such bonds will terminate that certain Amended and Restated Land Use Restriction Agreement dated as of July 1, 1996 and recorded at Book 5091, Page 2994 of the land records of Orange County, Florida (the “FHFA Use Restriction”) and therefore terminate the necessity to obtain the approval of the Florida Housing Finance Authority to the transfer of Andover Place to Purchaser.

  • Lender acknowledges and agrees that the operation of the Property will be subject to that certain Land Use Restriction Agreement dated as of October 1, 1985 by and among ESCAMBIA COUNTY HOUSING FINANCING AUTHORITY ("Issuer"), Harbor Federal Savings and Loan Association (the "Letter of Credit Bank"), Xxxxxx Realty Company, Inc.

  • Xxxx, Manager [Borrower’s signature page to Land Use Restriction Agreement] THE BANK OF NEW YORK TRUST COMPANY, N.A., as Trustee By: /s/ Xxxxxx Xxxxxx Its: ASSISTANT TREASURER [Trustee’s signature page to Land Use Restriction Agreement] STATE OF IOWA ) ) SS: COUNTY OF POLK ) The foregoing instrument was acknowledged before me on this 14th day of November, 2007, by Xxxx X.

  • Anything contained in this Agreement or the Indenture to the contrary notwithstanding, the Agency, the Trustee, and the Developer hereby agree to amend this Agreement and, if appropriate, the Indenture and the Land Use Restriction Agreement, to the extent required or permitted, in the opinion of Bond Counsel, in order for interest on the Bonds to remain excludable from gross income for federal income tax purposes under Section 103(b)(4)(A) of the 1954 Code.

  • Prepare and file an Environmental Land Use Restriction (ELUR) as may be necessary to achieve compliance with Transfer Act requirements.

  • Xxxxxxx Estates is subject to a Land Use Restriction Agreement with The Health, Educational and Housing Facility Board of the County of Shelby, Tennessee (the "Board"), and X.X. Xxxxxx Trust Company, National Association (the "Trustee"), which was entered into in connection with a loan to a prior owner that was financed by the proceeds of a bond offering by the Board.

  • The Former Company Stockholders shall pay, on a several basis (but not joint), all reasonable third-party costs, fees and expenses incurred in connection with obtaining the Environmental Land Use Restriction at the Company’s East Hartford facility.

  • Xxxxx, Executive Director [Issuer’s signature page to Land Use Restriction Agreement] WINDSOR ON THE RIVER, LLC, a Delaware limited liability company, as Owner By: /s/ Xxxxxxxxxxx X.


More Definitions of Land-use restriction

Land-use restriction means a restriction such that (i) no portion of the real property at which the Transferred Facility is located shall be used or occupied, either temporarily or permanently, for any use for which residential, sensitive use, or other non-industrial cleanup standards may be imposed under Environmental Laws; and (ii) groundwater underneath such Transferred Facility shall not be used for human consumption, irrigation, or other purposes that might bring it into contact with humans.
Land-use restriction means any limitation regarding the uses of property which may be provided by, but is not limited to, a written instrument
Land-use restriction means any limitation regarding the uses of property which may be provided by, but is not limited to, a written instrument which imposes an easement, covenant, restriction, or servitude, or a combination thereof, as appropriate, upon the present and future uses of all, or part of, the land, pursuant to Section 25202.5, 25222.1, 25230, or 25355.5.
Land-use restriction means the restriction such that (i) no portion of the Owned Real Property shall be used or occupied, either temporarily or permanently, for any use for which residential or other non-industrial cleanup standards may be imposed under Environmental Laws; and (ii) groundwater underneath such Owned Real Property shall not be used for human consumption, irrigation, or other purposes that might bring it into contact with humans; provided, however, that such groundwater uses that exist as of the Closing Date shall be permitted to continue after the Closing Date.
Land-use restriction means a restriction, in terms of zoning, or land use zone, on the extent of the improvement to land or an erf;

Related to Land-use restriction

  • land use scheme means the land use scheme adopted and approved in terms of Chapter 3 and for the purpose of these By-laws include an existing scheme until such time as the existing scheme is replaced by the adopted and approved land use scheme.

  • Easement means an acquired legal right for the specific use of land owned by others.

  • Rights-of-Way means easements, licenses, rights-of-way, permits, servitudes, leasehold estates, instruments creating an interest in real property, and other similar real estate interests.