Raw Land definition

Raw Land means Real Property Assets upon which no material improvements have been commenced.

Raw Land means Raw Land – Entitled and Raw Land – Unentitled.

Raw Land means (i) raw land or (ii) undeveloped land that constitutes a portion of any Retail Property, other than such portions of the Retail Properties as are reasonably considered to be an integral part of or a pad site for such properties.

Examples of Raw Land in a sentence

• Seller is the contract purchaser under that certain Real Estate Sales Contract dated May 28, 2014 between RBG Family, LLC, as seller ("Contract Seller") and Purchaser, as purchaser (the "Raw Land Contract") with regard to certain real property located in Fxxxxxxxx County, Maryland (the "County") which is more particularly described in the legal description set forth on Exhibit A-I (the "Project").

• Purchaser agrees and acknowledges that Purchaser has had the opportunity to investigate the Project during the due diligence period under the Raw Land Contract.

• Eligible Raw Land and Land Under Development shall mean all land other than land included in the definition of Eligible Model Houses, Rental Houses (if any), Eligible Production Inventory, Eligible Developed Lots Sold or Eligible Developed Lots Unsold.

• Recital B of the Agreement is hereby amended to reflect that the Agreement and this First Amendment are contingent upon Purchaser and Contract Seller entering into a Second Amendment to the Raw Land Contract reinstating the Raw Land Contract and thereby satisfying the Contingency contemporaneously with the execution of this First Amendment.

• Purchaser shall have a study period commencing upon the Effective Date and terminating on the date that is three (3) business days before the last day of the study period under the Raw Land Contract, (the "Study Period"), to undertake such engineering, development, marketing and other studies as Purchaser may desire.

More Definitions of Raw Land

Raw Land means unimproved land owned and held by Borrower for development into Subdivisions but which is not yet Entitled Land.

Raw Land means land located in an Approved Jurisdiction that is neither Approved Land nor Improved Land.

Raw Land means (i) portions of the Land with respect to which all conditions for inclusion in the Borrowing Base as Entitled Land, Lots Under Development or Developed Lots have not been satisfied and (ii) portions of the Land which are not designated for development but are reserved as open space or as streets and common areas to be dedicated to homeowners' associations and other Governmental Authorities.

Raw Land any parcel of land owned by the Borrower or any of its Subsidiaries which is a Loan Party which is not a Finished Lot or Land Under Development.

Raw Land means that certain 23.2-acre tract with entitlements for 45 residential units and 38,000 square feet of commercial office space.

Raw Land means, with respect to any Leased Property, the parcel of land -------- described in the related Lease Supplement, excluding any improvements thereon.

Raw Land means land with respect to which no development permits have been issued, land which has not been developed and/or land with respect to which development has been suspended for a period of six months or longer.