Out Parcels definition

Out Parcels means, collectively, the parcels of real property (each consisting of a portion of an Individual Property) described on Schedule 1.1 attached hereto.
Sample 1Sample 2Sample 3

Examples of Out Parcels in a sentence

  • Lender shall, upon the written request and at the expense of Borrower, upon compliance with the terms and provisions of Section 2.7 of this Loan Agreement, release the Lien of the Mortgage and the other Loan Documents against the Out Parcels.

  • Section 2.1. Loan Commitment; Disbursement to Borrower 39 Section 2.2. Interest Generally 39 Section 2.3. Loan Payment 45 Section 2.4. Prepayments 46 Section 2.5. Release of Collateral 49 Section 2.6. Cash Management 51 Section 2.7. Extension of the Initial Maturity Date 54 Section 2.8. Substitution of Properties 55 Section 2.9. Release of Out Parcels 61 Section 2.10.

  • Section 2.1. Loan Commitment; Disbursement to Borrower 40 Section 2.2. Interest Generally 41 Section 2.3. Loan Payment 47 Section 2.4. Prepayments 48 Section 2.5. Release of Collateral 51 Section 2.6. Cash Management 53 Section 2.7. Extension of the Initial Maturity Date 56 Section 2.8. Substitution of Properties 57 Section 2.9. Release of Out Parcels 63 Section 2.10.

Related to Out Parcels

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Lots means all or any machinery and other items sold or intended to be sold in accordance with these conditions; “Purchaser” means a person, firm or Company who purchase any Lot;

  • Parcel 2 COMMON AREA APPURTENANT TO EACH COMMERCIAL UNIT APPURTENANT TO EACH COMMERCIAL UNIT, AN UNDIVIDED 1/185th FEE SIMPLE INTEREST IN AND TO THE PHASE ONE PROPERTY LESS AND EXCEPT THE UNITS SHOWN ON THE PHASE ONE PLAN, ALSO DESCRIBED AS THE PORTION OF THE “COMMON AREA” (AS THAT TERM IS DEFINED IN THE DECLARATION) LOCATED WITHIN THE PHASE ONE PROPERTY; TOGETHER WITH PARCEL 3: EXCLUSIVE USE COMMON AREAS AN EXCLUSIVE RIGHT FOR USE, POSSESSION AND ENJOYMENT APPURTENANT TO COMMERCIAL UNIT C4, FOR USE FOR BALCONY OR PATIO PURPOSES OVER PORTIONS OF THE COMMON AREA, DEPICTED AND ASSIGNED ON THE PHASE ONE PLAN AS “B-C4”. TOGETHER WITH PARCEL 4: NONEXCLUSIVE EASEMENTS NONEXCLUSIVE EASEMENTS ON, OVER, ACROSS AND THROUGH THE COMMON AREA FOR ACCESS, INGRESS, EGRESS, ENJOYMENT, DRAINAGE, ENCROACHMENT, SUPPORT, MAINTENANCE, INSPECTION, REPAIR AND FOR OTHER PURPOSES, AS MAY BE SHOWN ON THE PHASE ONE PLAN, AND AS DESCRIBED IN THE DECLARATION PARCEL E (COMPRISING XXXXXX 0, XXXXXX 0, XXXXXX 3, AND PARCEL 4 BELOW) PARCEL 1 COMMERCIAL UNIT C5, AS SHOWN AND DESCRIBED IN (A) THE CONDOMINIUM PLAN RECORDED ON SEPTEMBER 20, 2001 IN BOOK 2 OF CONDOMINIUM PLANS AT PAGE 36, IN THE OFFICIAL RECORDS OF MONO COUNTY, CALIFORNIA (THE “OFFICIAL RECORDS), AS AMENDED BY CORRECTION TO RECORDING REFERENCES RECORDED ON NOVEMBER 20, 2001 AS DOCUMENT NO. 2001008410 IN THE OFFICIAL RECORDS AND AMENDMENT TO CONDOMINIUM PLAN RECORDED IN BOOK 2 PAGES 39 THROUGH 39M OF CONDOMINIUM PLANS IN THE OFFICIAL RECORDS (COLLECTIVELY, THE “PHASE ONE PLAN”) AND (B) THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR THE VILLAGE AT MAMMOTH PHASE I (WHITE MOUNTAIN LODGE AND LINCOLN HOUSE) RECORDED AS DOCUMENT NO. 2001006657, IN THE OFFICIAL RECORDS AS AMENDED BY FIRST AMENDMENT RECORDED AS DOCUMENT NO. 2001008411 IN THE OFFICIAL RECORDS AND SECOND AMENDMENT RECORDED AS DOCUMENT NO. 2003001363 IN THE OFFICIAL RECORDS (COLLECTIVELY, THE “DECLARATION”) SAID UNIT BEING SITUATED WITHIN THAT PORTION OF THE CONDOMINIUM AIR SPACE ENVELOPE DESCRIBED BY THE PHASE ONE PLAN (THE “PHASE ONE PROPERTY”) AND LOCATED ON A PORTION OF LOT 1 OF TRACT 36-193a, PER MAP RECORDED IN BOOK 10, OF TRACT MAPS, AT PAGE 60, IN THE OFFICIAL RECORDS OF MONO COUNTY, CALIFORNIA; TOGETHER WITH

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Project Site(s) means the place(s) specified in the SCC for the supply and installation of the System.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Plant Site (Works, Factory) means the local integration of one or more plants, with any intermediate administrative levels, which are under one operational control, and includes common infrastructure, such as:

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Subject Lands means the lands subject to or covered by the oil and gas leases described in Exhibit A, insofar and only insofar as they are located within the AMI Area and cover the Target Formation, subject to the exceptions, exclusions and reservations set forth on such Exhibit A.

  • Crown land means land in which there is a Crown interest or a Duchy interest;

  • Host Site means the site at which the Site Host Load is consumed, including real property, facilities and equipment owned or operated by the Site Host or its Related Entities located at such site.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.