North Parcel definition

North Parcel means that portion of the Land described on Exhibit A-2.

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North Parcel dated May 2, 1988, prepared by G▇▇▇▇▇▇▇ & Associates, Inc. (A.P. 276 portion of Lot 8).” Together with the benefit of and subject to a Declaration of Restrictions by Metrocenter Associates, dated June 20, 1988 and recorded on June 20, 1988 in Book 1145, Page 285. Warwick Fort Worth River Plaza (Residence Inn) 1▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Tarrant County That certain tract of land situated in the A. ▇▇▇▇▇ Survey, Abstract No. 1585, and the E. ▇. ▇▇▇▇▇▇ Survey, Abstract N▇. ▇▇▇, ▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ and being all of L▇▇ ▇-▇-▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, an addition to the City of Fort Worth, as recorded in Volume 388-131, Page 0▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇; said tract being more particularly described as follows; BEGINNING at 5/8-inch iron rod with yellow plastic cap stamped “GSES, INC., RPLS 4804” set at the southwest corner of said L▇▇ ▇-▇-▇, ▇▇▇▇▇ ▇; said point also being on the east right-of-way line of University Drive (variable width right-of-way); said point also being on the northwest line of the Clear Fork of Trinity River;

North Parcel shall have the meaning set forth in the Recitals.

Examples of North Parcel in a sentence

• The North Parcel (as shown on Exhibit A) shall be made subject to a Restricted Land Covenant that will control development and protect the North Parcel as open space Restricted Land to be left in substantially its natural state, restored or landscaped so as to protect the North Parcel’s view characteristics.

• Declarant hereby declares for the benefit of the North Parcel Owner, as an appurtenance to the North Parcel Element, an exclusive easement for ingress and egress over and upon the North Stairway, for the exclusive use of the North Element Owner and its Permittees, except in the event of an emergency, in which case such Stairway shall be open to use by any Person for egress purposes.

• In such event Borrower will be entitled to a credit against the payment of the North Parcel Allocated Loan Amount equal to the net payment received by Lender pursuant to Section 3.07(b)(iii)(2)(A) or Section 3.08(c)(2)(A) (the “Paydown Credit”).

• Declarant hereby declares for the benefit of the North Element Owner, as an appurtenance to the North Element, a non-exclusive easement for each Elevator serving the North Element that extends beyond the upper or lower limits of the North Parcel, for purposes of accessing such Elevator to repair, replace and maintain such Elevator.

• The Parties acknowledge and agree that the Sublease shall continue in effect with respect to only the North Parcel.

• Each Operator granted a lease to use the North Parcel (and all Operators should not particular Operators be leased the North Parcel or any portion thereof) shall use the North Parcel (as identified in Exhibit C-6) exclusively for the storage of rental vehicles for use in connection with a Rental Car Concession at the Airport or for such other use as may specifically be authorized or directed by the Port.

• To the extent that the Port leases to any individual Operator any portion of the North Parcel, the Port agrees to issue a credit against the total amount of Land Rent due by all of the Operators equal to the total rent payable by each such Operator for the North Parcel for the period of occupancy.

• No Prepayment Premium will be due in connection with the Paydown Credit, but Borrower will be required to pay a Prepayment Premium on the difference between the North Parcel Allocated Loan Amount and the Paydown Credit.

• The North Parcel Owner may Alter any Elevator serving the North Element in accordance with the terms and provisions of Article 8 of this Declaration, provided, however, any Alteration of Elevators shall comply in all respects with any applicable Legal Requirements.

• Notwithstanding anything contained herein to the contrary, if after payment of the North Parcel Allocated Loan Amount the financial tests set forth in clauses (iv) and (v) above would not be satisfied, then Borrower shall have the right to increase the North Parcel Allocated Loan Amount to the amount that would need to be repaid in order to cause the conditions set forth in clauses (iv) and (v) to be satisfied.

More Definitions of North Parcel

North Parcel means Tracts E and F of Registered Land Survey No. 1797, Hennepin County, Minnesota.

North Parcel means that certain parcel designated on the Master Plan as the

North Parcel means that certain parcel designated on the Master Plan as the “North Parcel” and more particularly described on Exhibit E attached hereto.

North Parcel means the lands formed by the merger of the parcel known as ▇▇▇ ▇▇▇▇▇▇▇ ▇▇ South and the northerly of the remnant parcels created by the Provisional Consent, identified on Schedule “B” as “Part 1” and “Part 2, 25R-2191”.

North Parcel means the surface and subsurface elevations of the property generally described on Exhibit B and generally depicted on Exhibit A, each attached hereto and incorporated by reference. Within the portions, if any, that the North Parcel is located above the City Parking Parcel, the North Parcel will be an air rights parcel with a lower horizontal boundary located above the City Parking Improvements. The North Parcel shall specifically exclude any portion of the real property owned by Fidelity Bank as of the Effective Date.

North Parcel means the surface and subsurface elevations of the property described on Exhibit B and depicted on Exhibit A, each attached hereto and incorporated by reference. Within the portions, if any, that the North Parcel is located above the City Parking Parcel, the North Parcel will be an air rights parcel with a lower horizontal boundary located above the City Parking Improvements. The North Parcel shall specifically exclude any portion of the real property owned by Fidelity Bank as of the Effective Date.