Mission Bay Development Area definition
Examples of Mission Bay Development Area in a sentence
As generally described in Paragraph 24.1 above, Buyer recognizes that the Property is part of a larger development known as the “Mission Bay Development Area” and acknowledges that if there is a material delay in the completion of the Project, such a delay will have a material adverse effect on other portions of the Mission Bay Development Area.
Purchaser acknowledges that the owner of the Property is or will be a member of the Mission Bay Commercial Maintenance Corporation (“MBCMC”) and Purchaser is obligated to participate in a Transportation Management Association (the “TMA”) that was formed to implement and administer the Transportation System Management Plan for the Mission Bay Development Area.
MB26/28 has informed Buyer that, under the GAP Lease (and other agreements between MB26/28 and GAP), MB26/28 is obligated to provide parking to GAP (the “GAP Parking”), which is currently being provided on that certain parcel of land (“Lot 30”) within the Mission Bay Development Area commonly known as Parcel 30.
Buyer acknowledges that the owner of the Property is or will be a member of the Mission Bay Commercial Maintenance Corporation (“MBCMC”) and Buyer is obligated to participate in a Transportation Management Association (the “TMA”) that was formed to implement and administer the Transportation System Management Plan for the Mission Bay Development Area.
Concurrently with the contribution of the Second Contribution Parcel pursuant to the Contribution Agreement, Sellers shall cause that certain real property located within the Mission Bay Development Area commonly known as APN 8716-1, 8717-1 and 8718-1 to be dedicated to the City and County of San Francisco and shall diligently pursue the acceptance and conveyance of the same until completion.
The “UCSF Parcels” shall mean those parcels located within the Mission Bay Development Area as set forth on Schedule 1.4.1 (the “UCSF Parcel Schedule”).
A member may, however, cast differently from such votes any votes that it is authorized to cast under paragraph 2 of this article.
The depiction in Schedule 1-A shall identify all of the real property located within the Mission Bay Development Area which constitutes “Mission Bay Retained Property” (as hereinafter defined) or property previously sold by Sellers to unrelated third parties.
It is currently contemplated that a parking facility (the “Parking Facility”) on those certain parcels of land (collectively, the “Garage Parcel”) within the Mission Bay Development Area commonly known as Parcel 27-2 and Parcel 27-3 will be constructed to accommodate the parking requirements for Lot 28 and that certain parcel of land (“Lot 26a”) located within the Mission Bay Development Area commonly known as Lot 26a.