Nondevelopment lease definition

Nondevelopment lease means a lease that does not allow any use of the land surface, including the surface of submerged bottomlands for underground natural gas storage activities.
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Nondevelopment lease means a lease that does not allow any use of the land surface for gas storage activities without separate authorization from the department.
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Nondevelopment lease means a lease that does not allow any use of the land surface, including the surface of submerged bottom lands, for oil and gas exploration, development, and production.
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More Definitions of Nondevelopment lease

Nondevelopment lease means a lease that does not allow any use of the land surface, including the surface of submerged bottomlands, for gas storage activities.
Sample 1
Nondevelopment lease means an auction lease or a direct lease that does not allow nonmetallic minerals exploration, mining, or production on the surface of the leased land without separate authorization from the department.
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Related to Nondevelopment lease

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Redevelopment entity means a municipality or an entity

  • Development Agreement has the meaning set forth in the Recitals.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Redevelopment means areas where development is replacing older development.

  • Redevelopment project means a specific construction project

  • Property Management Agreement means any property management agreement in respect of the Property or any portion thereof entered into in accordance with the terms of this Agreement.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that: