Examples of Net Acreage in a sentence
Net Acreage: The area of a lot or lots which is useable for determining allowable densities, as set forth in the Net Acreage calculations standard contained in the section 3.D - (Land not suitable for development section) of the Lamoine Building and Land Use Ordinance.
General site analysis identifying Net Acreage and the locations of floodplains, wetlands, required upland buffers, and waterbodies.
Net Acreage shall be determined by a survey prepared by a surveyor licensed in the state in which the Property exists.
Once Marine Way has been substantially completed as a four (4) lane road between Sand Canyon Road and an Alternative Secondary Access Point, as defined in this Section 8.3, (“Second Takedown Threshold”), Developer Party must enter into a Ground Lease for an additional minimum Net Acreage of (A) ten (10) acres per year, or (B) thirty (30) acres (for a cumulative total Net Acreage subject to Ground Leases of at least sixty (60) acres) within three (3) years of the Second Takedown Threshold.
Developer Party must enter into additional Ground Leases for either (i) a Net Acreage of at least ten (10) acres per year, or (ii) no fewer than a Net Acreage of thirty (30) acres by the third (3rd) anniversary of the earlier of the effective date of the first Ground Lease or the date of the First Takedown Threshold.