Partition Date definition

Partition Date means the date on which the Lease Rights Site I is partitioned as a separate parcel and the Lessor acquires the sole legal and beneficial ownership thereto from the Lessee.
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Partition Date the earlier of:
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Partition Date shall have the meaning given such term in Section 2.4 hereof.
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Examples of Partition Date in a sentence

  • As of Partition Date, Lessee has provided Lessor with copies of all such Consents and shall provide Lessor with the Lessee Easement Rights Consents on or before the Partition Date, including those listed on Exhibit C.

  • The condition and use of the Access Areas as of the Partition Date by Lessee complies with all Applicable Laws in all material respects.

  • Lessor has provided Lessee with copies of all such Consents and shall provide Lessee with the Lessor Lease Rights Consents related to the registration of Lease Rights on or before the Closing Date and the Lessor Easement Rights Consents related to the registration of the Easement Right on or before the Partition Date, including those listed on Exhibit C.

  • Such registration shall have, (i) with respect to the Lease Rights Site I and the Easement Site I, first priority during the Lease Term over any Lien on the Lease Rights Site I and the Easement Site I, subject to the subsequent de-registration of such lease rights over the one-half of the Easement Site on the Partition Date and (ii) with respect to the Lease Rights Site II, subordinate to the Liens held by Lessor’s creditors.

  • As of the Partition Date, Lessee has requisite power to grant the easement rights hereunder to Lessor and has the requisite power to grant the registration of the Hynix Easement Right on the relevant portions of the Land to Lessor.

  • Such notices shall offer membership of Global's Scheme with effect from the Partition Date and shall require such offer of membership to be accepted within 30 days of the date of the offer.

  • Global shall as soon as practicable and not later than two months before the Partition Date provide to Racal such information in relation to Global's Scheme as Racal shall reasonably require for the purposes of this Schedule.

  • The and the Partition Consultant, if selected, shall make a report regarding the division of the 2013 Facilities as soon as practicable after the Partition Date.

  • Within a reasonable time after the Partition Date, the shall propose a division of 2013 Facilities.

  • Right on the Easement Site shall continue from the Partition Date to the expiration date of the Lease Term.

Related to Partition Date

  • Installation Date means the date specified in the Statement of Work by which the Contractor must have the ordered Equipment ready (certified) for use by the State.

  • Objection Date means the date by which Settlement Class Members must mail their objection to the settlement for that objection to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • Formation Date has the meaning set forth in the Recitals hereof.

  • Allowance Date means the date on which a Claim becomes an Allowed Claim.

  • Balance Date means 30 June or any other date that the Trustees by resolution adopt as the date up to which the Trust’s financial statements are to be made in each year;