Retail Component definition

Retail Component has the meaning given to such term in the Retail Lease;

Retail Component means parts of the buildings in the Scheme comprising retail units as indicated on the architectural and finally on the Sectional Title Plan;

Retail Component means a three-dimensional envelope consisting of that portion of the Total Lands described as Parts ● on the plan attached as Schedule B, together with the improvements constructed on such lands from time to time, including the Stadium Retail Component, and associated parking;

Examples of Retail Component in a sentence

• The remaining gross floor area may be used for the Retail Component.

• The agreement includes provisions which ultimately enable Cyber One to receive from Taubman Sub a total consideration equal to the proportional fair market value of the Phase I Retail Component as at the fifth anniversary of the Grand Opening Date.

• Sale and Purchase Cyber One has agreed to sell and Taubman Sub has agreed to acquire a 25% interest in the Phase I Retail Component for an initial cash consideration of approximately HK$376.80 million.

• It is intended that Macau Sub, a subsidiary of the Retail Holding Company, will enter into the Phase I Retail Component Lease, as referred to in further detail below.

• The additional consideration is structured on a lock-step basis, so that if the stabilized net operating income of the Phase I Retail Component in a later year is lower than that of an earlier year, there will be no refund of any consideration previously paid by Taubman Sub.

More Definitions of Retail Component

Retail Component is shown on the Site Map and described in the Scope of Development. “Retail Component Developer” shall mean the Developer or Developer’s assignee with respect to the Retail Component pursuant to Section 603.2(g) or as otherwise approved by the Director.

Retail Component shall collectively mean the retail space located on the first (1st) above-ground level of the Building, measuring approximately 18,588 of gross leasable area. Landlord reserves the right, in its sole discretion, to add all or any part of the second (2nd) floor premises of the Building to the Retail Component (and, thereafter, to re-add said premises back to the Office Component) at any time and from time to time. In any such event, the square footage of the Retail Component shall be revised to reflect the reallocation of premises.

Retail Component means the portion of the Improvements belonging to the Lead Borrower consisting of approximately 119,446 square feet of gross leasable retail area.

Retail Component has the meaning assigned to such term in the definition of “Improvements” herein.

Retail Component means the approximately 25,000 square feet of usable space utilizing the ground floor, second floor mezzanine, and basement, as well as use of the adjacent paseo for outdoor dining. The Retail Component is more particularly described in the Scope of Development.

Retail Component is defined in Section 3.1.4.

Retail Component shall have the meaning set forth in Recital C above.