Release Parcels definition

Release Parcels shall have the meaning set forth in Section 2.5.4 hereof.

Release Parcels shall have the meaning set forth in Section 2.5.3 herein.

Release Parcels means the parcels of Property identified more fully in Schedule V.

Examples of Release Parcels in a sentence

• It is understood and agreed that no Partial Project Release shall impair or otherwise adversely affect the Liens or other rights of Lender under the Loan Documents not being released (or as to parties to the Loan Documents and the Projects other than the affected Partial Project Release Parcel(s) and the Borrower subject of such Partial Project Release).

• Notwithstanding the foregoing, Lender acknowledges that certain alterations to Improvements relating to parking, ingress/egress, and landscaping located on the Remaining Parcel may be required in connection with the development of the Release Parcels.

• Mortgagee agrees, that provided that all Block 95 Release Parcels Conditions (defined below) have been met by Mortgagor to Mortgagee’s satisfaction, at the time that the Block 95 Release Parcels are to be conveyed to an affiliate of Mortgagor and the intended owner and developer of the Building 7, Mortgagee shall release the Block 95 Release Parcels from the lien of the Mortgage (the “Block 95 Release”).

• The Release Parcels include (a) the land, (b) all buildings and other improvements that are located on the land, (c) all fixtures that are attached to the land or buildings, if any, and (d) all other present rights of Mortgagee relating to the Release Parcels.

• Notwithstanding the foregoing provisions of this Paragraph 39, Landlord's right to subdivide the Release Parcels and to cause the Release Parcels (or either of them) to be released and severed from the lien of the Mortgage shall not include the right to release and sever the Release Parcel from the leasehold estate created by this Lease unless Tenant shall have, in its sole and absolute discretion, consented thereto in advance in writing.

More Definitions of Release Parcels

Release Parcels means such fee interests of Borrowers in the "Lantana East" parcel and the "Lantana South" parcel.

Release Parcels means, collectively, the areas of undeveloped land more particularly identified by hatching as "Release Parcel A" and "Release Parcel B", respectively, on Exhibit "G" annexed hereto (and each of "Release Parcel A" and "Release Parcel B", respectively, sometimes hereinafter referred to individually as a "Release Parcel").

Release Parcels has the meaning set forth in the Recitals to this Lease.

Release Parcels means the portions of the Property described on SCHEDULE IV.

Release Parcels means, individually or collectively, those portions of the Property generally described in Schedule 1 attached hereto (it being understood and agreed that the precise description of each Release Parcel and the easements described in Sections 2.1(f)(5) and 3.2(m)(9) below, shall be subject to Lender's approval).

Release Parcels shall have the meaning given to such term in Section 13.2.

Release Parcels the portions of the Mortgaged Property described on Schedule 2.