Phase I Land definition

Phase I Land means that certain parcel of land owned by Landlord, adjacent to the Property and more particularly described on Exhibit A-3 to this Lease.

Phase I Land means that portion of the Land identified on the Site Plan as Phase I and on which the Phase I Improvements have been constructed and are existing.

Phase I Land means the portion of Project Land admeasuring 11135.4 sqm (119860 sqft).

Examples of Phase I Land in a sentence

• H/C I Owner hereby grants to Mall I Owner, H/C II Owner, Mall II Owner and/or SECC Owner such easements in, on, over, under, across and through the Phase I Land and any improvements constructed or to be constructed thereon as shall be necessary or commercially appropriate from time to time to allow any public utility or any reasonably experienced and competent electricity provider to distribute electricity to such Owner.

• In the event that Optionor is unable to deliver title to the Phase I Land to Optionee in the condition required by this Option Agreement, Optionor shall so notify Optionee in writing and Optionee shall notify Optionor, within five (5) business days of the receipt by Optionee of such notice from Optionor, whether or not Optionee objects to the lien, encumbrance, defect or other matter which is not consistent with the provisions of this Option Agreement regarding the condition of title to the Phase I Land.

• Details of the proceedings of land acquisition are shown in Table A1-5.Table A1-5: Implementation Proceedings of Land Acquisition for Water Supply subproject (Phase I) Land pre-audit 13.

• Any claim by Tenant pertaining to a payment due from Landlord to Tenant pursuant to this Section 0 shall be subject and subordinate to the claims and rights of any lender with respect to the Project, the Phase I Land and any appurtenances thereto, including, without limitation, the right to receive monthly installment payments of principal and interest.

• Notwithstanding anything to the contrary contained herein, (i) no other Parties shall be construed as the beneficiaries of the Rights and Obligations, none of which may be separated from or conveyed, granted or encumbered separately from the Phase I Land, the Phase II Land, the Mall I Space, the Mall II Space or the SECC Land, respectively and (ii) the Rights and Obligations shall not be binding on or inure to the benefit of, the fee owner of the Walgreens' Airspace or such fee owner's mortgagees.

More Definitions of Phase I Land

Phase I Land as defined in section 1.

Phase I Land means a portion of Scheduled Land admeasuring 43594.51 sq. mtrs upon which flats bearing no. 1358 of project land approved under provision 1C(ii) and 3A of Chief Minister Xxx Xxxx Xxxxxx, 2015 and Building Bylaws i.e., Phase 1 of the project is being developed and more particularly detailed in Part II of Schedule A.

Phase I Land means all portions of the Site other than the Phase II Land.

Phase I Land means only that certain portion of Parcel No. 46 containing approximately 8.31 acres of land as more particularly shown as the shaded area on Exhibit "A-5" attached hereto and made a part hereof. Accordingly, as of the date of this Lease, Parcel No. 46 contains approximately 16.472 acres of land, and 8.31 acres of which is the Phase I Land and, therefore, the Phase I Land is comprised of 50.5% of all of Parcel No. 46 (such percentage having been determined by dividing the total number of acres contained in the Phase I Land (i.e., 8.31 acres) by the total number of acres contained in all of Parcel No. 46 (i.e., 16.472 acres)). As of the date of this Lease, Property Taxes, in Luzerne County, Pennsylvania, are determined based upon the sum of (i) an assessment based upon the value of the improvements, and (ii) another assessment based upon the value of the land. For purposes of illustration only, if, based upon the final determination of the property tax assessment with respect to Parcel No. 46 and the Phase I Building (i.e., following the final determination of the property tax assessment with respect to Parcel No. 46 and the Phase I Building and after the Lessor's final completion of any and all property tax assessment appeals with respect to such property tax assessment), the total Property Taxes with respect to the Phase I Building and all of Parcel No. 46 for the first twelve (12) months following the Phase I Commencement Date is $66,000 and, if such amount of Property Taxes is comprised of $60,000.00 attributable to the improvements (i.e., the Phase I Building) and if the remaining $6,000.00 of such total amount of Property Taxes is attributable to the land portion of the assessment (i.e, the entire Parcel No. 46), then, of such $6,000.00 amount attributable to the land assessment with respect to all of Parcel No. 46, $3,030.00 of such land portion of the Property Taxes shall be deemed to be applicable to the Phase I Land (i.e., 50.5% of $6,000.00). Accordingly, the total amount of Property Taxes attributable to the Phase I Building and the Phase I Land, during the first twelve (12) months of the Term following the Phase I Commencement Date (as shall be determined following the final conclusion of any and all property tax assessment appeals) would be $63,030 (i.e., $60,000 attributable to the Phase I Building plus $3,030.00 10 attributable to the Phase I Land) and , therefore, the Phase I First Year Excess Property Tax Amount would be $2,530.00 (i.e., $...

Phase I Land means that certain parcel of real property located in the City of Arlington, County of Tarrant, State of Texas, and being more particularly described in EXHIBIT A attached hereto and incorporated herein by reference for all purposes, together with all rights and appurtenances pertaining to such real estate, including, without limitation, any and all rights of in and to all roads, alleys, easements, streets and ways adjacent to the same and, strips and gores and rights of ingress and egress thereto.

Phase I Land means that portion of the PG&E Property described in Exhibit A. The parties acknowledge and agree that the legal description of the Phase I Land attached hereto as Exhibit A is intended to describe the real property depicted as the "Phase I Land" on the Site Plan. The parties further acknowledge and agree that the legal description of the Phase I Land may need to be revised on or before the Closing Date in order to consummate the transactions contemplated herein and cause the Title Company to insure the same, and neither party shall unreasonably withhold or delay its consent thereto. Furthermore, neither party shall withhold such consent if it obtains a title policy endorsement or other reasonably satisfactory evidence that the revised legal description describes the land which is depicted on the Site Plan described above.

Phase I Land means that portion of the Project Site described in Exhibit Q-3 to the Disbursement Agreement, as in effect on the date of this Indenture, together with all improvements thereon and all rights appurtenant thereto on which the Phase I Project shall be designed, developed, constructed and operated.