Phase One Property definition

Phase One Property means the property that is the subject of a phase one environmental site assessment;
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Phase One Property means and refer to the real property described on Exhibit “A” to this Declaration.
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Phase One Property means and refer to that portion of the entire property first becoming a part of the Properties as defined in Section 3 above and is more particularly defined as Tract A-2, and Blocks 2 and 5 of DeLONG LAKE VILLAS, according to Plat 77-147 referred to above.
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Examples of Phase One Property in a sentence

  • The PCA associated with this use is the large-scale application of pesticides, as a result there is a potential for pesticide residues to remain in topsoil and shallow soils at the Phase One Property.

  • This leads to APEC1 on the exterior areas of the Phase One Property.

  • This leads to APEC2 on the central northern edge of the Phase One Property.

  • Any spills or releases of petroleum from the UST, or migrating contamination related to the tank, may have potentially impacted the subsurface of the Phase One Property.

  • So long as any mortgage loan remains outstanding with respect to the Phase One Property or the Phase Two Property, or any amounts are owed to the holder(s) of such mortgages, such holder(s) shall be deemed an intended third-party beneficiary hereof and entitled to enforce the provisions hereof.

  • The Phase One Property has been used for residential purposes since development, and is currently zoned for Residential use.

  • The Phase One Property itself has never been used for industrial purpose, nor any of the specified commercial uses.

  • Phase One Owner hereby grants to Phase Two Owner, for the use and benefit of Phase Two Owner, its successors and assigns who acquire an interest in the Phase Two Property, an access easement for access, ingress and egress upon the Phase One Property for the purpose of (a) the transfer of effluent from the Phase Two Property to the Lift Station and (b) connection to the sewer lines within the Phase One Property that are currently existing or may be installed hereafter, from time to time.

  • It is further acknowledged that the Phase One Property includes the following interior Community Facilities: fitness center, leasing office, playroom, business office with training room, trash compactor and recycling center (the “Phase One Facilities”).

  • Phase Two Owner agrees to exercise the easement rights created hereby in a manner which will not unreasonably interfere with the operation of Phase One Owner’s business upon the Phase One Property.


More Definitions of Phase One Property

Phase One Property means the approximately four (4) acre portion of the Property generally located at 0000 XX Xxxxxxxx Xxxxxxxxx, Xxxxxxxx, Xxxxx, and depicted on Exhibit A.
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Phase One Property means that certain portion of the Property subject to the Phase One PSA.
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Related to Phase One Property

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • 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.

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

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • 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.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • 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.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

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

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • 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.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

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

  • 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.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Environmental Problem Property A Mortgaged Property or REO Property that is in violation of any environmental law, rule or regulation.

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

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.