Phase I Parcel definition

Phase I Parcel means the property generally described in Exhibit A-1. “Phase II Parcel” means the property generally described in Exhibit A-2.
Sample 1Sample 2
Phase I Parcel. Phase II Parcel" and "Phase III Parcel" as generally depicted on the site plan attached hereto as EXHIBIT "1" ("Site Plan"), to continue to operate and conduct its plant nursery activities and to locate and maintain its equipment and other improvements currently used in connection therewith, all as set forth in greater detail in Section 2 below. The license granted herein to Xxxxx shall be a personal, non-possessory interest in the Phase I Parcel, the Phase II Parcel and the Phase III Parcel (individually, a "License Parcel" and collectively, the "License Parcels"), and Licensor shall at all times during the term hereof retain the right to possession of the Property (including the License Parcels), EXHIBIT "E" ----------- TO OPTION AGREEMENT subject to the terms and conditions of this License Agreement, and have the right to use and occupy the Property for its own purposes, provided the same do not unreasonably interfere with Xxxxx' activities thereon. Licensor shall give Xxxxx seventy-two (72) hours notice prior to any entry onto the Property and the general purpose of such entry. Such notice may be verbal and shall be directed to the general manager at the Property. Licensor agrees not to revoke or cancel the license granted herein during the term hereof except pursuant to Section 15.01 below.
Sample 1
Phase I Parcel consisting of that certain land comprised of approximately 2.52 acres located in the City of Tustin, County of Orange, California comprised of a portion of property referred to in the Reuse Plan as Parcel 27 and in the Navy transfer documents as “I-H-1” and “III-H-13” as depicted on the Conceptual Site Map; and
Sample 1

Examples of Phase I Parcel in a sentence

  • The Parcel Map subdividing the Property into the Phase I Parcel and the Phase II Parcel must be approved by the City, in its sole and absolute discretion, and the Developer; the Parcel Map must be been recorded prior to the Close of Escrow for the conveyance of Phase I; and the Developer must have paid the costs related to recording the Parcel Map.

  • Additionally, within thirty days after the Close of Escrow for Phase I Parcel, the Developer shall deposit $43,784 into a Phase II Escrow as a good faith deposit for the acquisition of the Phase II Parcel (the “Phase II Deposit”).

  • The closing of the conveyance of the Phase I Parcel must occur on or before August 31, 2025 (or either party who is not in default may terminate this Agreement by written notice to the other).

  • If this Agreement is terminated prior to the Close of Escrow for the Phase I Parcel for any reason other than a default by the Developer, the Phase I Deposit and any portion of the Initial Deposit not needed to pay accrued City costs shall be immediately refunded to the Developer upon the date the Agreement is terminated, and City shall have no obligations with respect to the Phase II Parcel.

  • The Authority Loan shall be evidenced by two promissory notes: (a) a Promissory Note for the Phase I Development executed by Developer in favor of City in the amount of $1,965,539 secured by the Deed of Trust executed by the Developer as trustor in favor of the City as beneficiary and recorded against the Developer’s fee interest in the Phase I Parcel.

  • The Authority must be ready to make the applicable Authority Loan in the amount necessary to acquire the Phase I Parcel or Phase II Parcel, as appropriate, and the Developer shall have delivered the applicable City/Authority Documents, duly executed, to the Authority.

  • Additionally, within thirty (30) days following the Effective Date, Developer shall deposit $58,966.00 into Escrow as a good faith deposit for the acquisition of the Phase I Parcel (the “Phase I Deposit”).

  • The Developer must commence construction of the Phase I Development no later than ninety (90) days after closing of the conveyance of the Phase I Parcel].

  • As a condition to the Close of Escrow for the Phase II Parcel only, the Close of Escrow for the Phase I Parcel shall have occurred, and Developer shall not be in default under this DDLA or under the Authority loan relating to the Phase I Parcel.

  • The parties acknowledge and agree that the City will expend, and has expended, considerable resources in the negotiation and review of the proposed development of the Phase I Parcel and Phase II Parcel.


More Definitions of Phase I Parcel

Phase I Parcel means the real property described in Exhibit A attached hereto and incorporated herein and shown on Map 166, Block B, Lot 1 of the City’s Tax Maps.
Sample 1
Phase I Parcel shall have the meaning set forth in Section 1.2.1.
Sample 1
Phase I Parcel shall have the meaning set forth in Section 4.1.
Sample 1

Related to Phase I Parcel

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

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

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

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

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

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

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxxxxxx School Xxxxxxxxxxx Xxxx Xxxxxxxxxx Xxxxxxxxx XX00 0XX and registered under Title Number WT292137;

  • Water Surface Elevation (WSE means the height, in relation to NAVD 1988, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Redevelopment project means a specific construction project

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

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

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • 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;