Option Parcel definition

Option Parcel means all right, title and interest of any Credit Party pursuant to that certain Option Agreement dated as of March 20, 2013 by and among QuanTexas Energy LLC, the Borrower and Texas Regional Title LLC, as the same may be amended, supplemented or otherwise modified from time to time.
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Option Parcel shall have the meaning set forth in Section 33 of this Lease.
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Option Parcel has the meaning set forth in Section 4.5(c) hereof.
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Examples of Option Parcel in a sentence

  • Option Advances with respect to the subject Option Parcel, then Acquisition Corp.

  • Pursuant to City ordinances, land use on the Option Parcel is restricted to certain open space and agricultural uses (other than utility uses subject to the Commission’s jurisdiction).

  • In exchange for the sale of some or all of the Option Parcel, Caruso will pay SDG&E the fair market value as determined by appraisal of the specific acreage that will be sold.

  • The Option Parcel is similarly comprised of assets that were previously in rate base and are now held in FERC electric transmission property accounts or Non-Utility Land accounts.

  • No sale of an Option Parcel shall in any way change Tenant’s Construction Obligations under this Lease, including full Landfill Closure by the specified deadline.


More Definitions of Option Parcel

Option Parcel means the area east of left field shown on Exhibit attached hereto and made a part hereof.
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Option Parcel means the 3.47+ acre portion of Parcel #R5760250170 as outlined in that certain Option Agreement, by and between the Borrower, Eagle River L.L.C. and First American Title Insurance Company, as escrow agent.
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Option Parcel means the 3.47+ acre portion of Parcel #R0000000000 as outlined in that certain Option Agreement, by and between the Borrower, Eagle River L.L.C. and First American Title Insurance Company, as escrow agent. The following definition in Section 1.01 of the Existing Credit Agreement is hereby amended and restated in its entirety as set forth below:
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Option Parcel. 1: Assessor’s Parcel No. 139-18-511-004
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Option Parcel means a certain approximately four (4) acre parcel more specifically identified in the Option Agreement and owned by HRHH Development.
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Option Parcel. The approximately 56.767 acre parcel south of the Premises (across Park Boulevard) described more particularly in that certain Option to Purchase Contract [South Tract] dated March 19, 1997, by and between Guarantor, as Purchaser, and Xxxx Investment Partnership , Ltd., Xxxxxxx X. Xxxx, Xxxxxx Xxxxx Xxxx, Xxxxxxxxx X. Xxxx and Xxxx Grandchildren's Trust, collectively, as Seller, as amended by First Amendment to Option to Purchase Contract [South Tract], dated March 17, 2000.
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Option Parcel means each increment of Property acquired by Inco pursuant to this Agreement.
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