Parent Property definition

Parent Property means each real property, or interest therein, owned, or leased (including ground leased) as lessee or sublessee, by Parent or any Parent Subsidiary as of the date of this Agreement (including all of Parent’s or any Parent Subsidiary’s right, title and interest in and to buildings, structures and other improvements and fixtures located on or under such real property and all easements, rights and other appurtenances to such real property).

Parent Property means Xxx 0 Xxxxxx, Xxxx xx Xxxx Xxxx, Xxxxxxx Xxxx Xxxxxxxx;

Parent Property means the Parent Leased Real Property and Parent Owned Real Property.

Examples of Parent Property in a sentence

• Notwithstanding the provisions hereof, the Developer must convene the first AGM within 60 (Sixty) days of the transfer of 60% (Sixty) of the Land Units arising from the subdivision of the Parent Property or within a period of 2 (two) Years of the transfer of the first Land Units, whichever is the earlier.

• The Purchaser hereby undertakes that he will, at all times, co-operate with the Developer or its successor-in-title or nominee, in an endeavour to facilitate the success of the development of the Parent Property.

• The Developer will, during the Development Period, be entitled to apply and obtain approval for the amendment of the rezoning or subdivision approval of the Parent Property or any Land Unit without the consent of the Association, any Sub-Association, any Body Corporate or Owner/Member or Occupant.

• The Developer, during the Development Period, or the Association, Sub-Association, Body Corporate and all service providers as approved by the Board or the Developer, during the Development Period, will at all times have free and unencumbered access to all registered servitudes, as referred to in Governing Rule18.3 below, affecting the Parent Property or any Land Unit.

• The Association is constituted as a legal persona in terms of Chapter 6 Part 5 of the MPBL in accordance with the conditions imposed by the Developer and the Local Authority, when approving the development rights pertaining to the Parent Property .

More Definitions of Parent Property

Parent Property shall have the meaning set forth in Section 5.16.

Parent Property means the parent property as described in clause 1.3 of the Contract of Sale and depicted on the Developer’s Area Plan;

Parent Property means the land approved for development by

Parent Property means the land approved for development by the City of Cape

Parent Property means the land approved for development by the Local Authority, being Erf 1 Sitari, City of Cape Town, Western Cape Province upon which the Estate is being developed by the Developer;

Parent Property means Xxx 000 Xxxxxxxxx, Xxxxxx Xxxxxxx Bay Metropolitan Municipality, Division Uitenhage, Province Eastern Cape;

Parent Property means all Owned Property and Leased Property of Parent and the Parent Subsidiaries.