Property compensation definition
Property compensation means, payment to be made in cash or in kind or in both to a person for his property or permanent improvements situated on his expropriated landholding;
Examples of Property compensation in a sentence
In the event that all risks are in the Leased Property and damage the parts outside the Leased Property, compensation for damages outside the Leased Property shall be covered.
The Company will cause Nevada Property to pay or provide, or cause to be paid or provided, to Unwin such accrued and vested amounts or benefits that Unwin may be entitled under any Nevada Property compensation, incentive or benefit plans, including unpaid but not taken vacation benefits accrued in 2014 to the extent not previously paid pursuant to this Agreement, the Employment Agreement or any other plan.