Sale Parcel definition

Sale Parcel means the northerly portion of the Master Planned Property consisting of
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Sale Parcel constitutes that portion of the Developer Property depicted shown cross-hatched on the Preliminary Site Plan attached hereto as Exhibit A-2 and made a part hereof (being all or a portion of the property having Mecklenburg County 2006 Tax Parcel Identification Numbers 000-000-00 and 047-221-33), and containing a total estimated gross land area (based on tax parcel data) of approximately 29.39 acres.
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Sale Parcel has the meaning set forth in Section 24.1.
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Examples of Sale Parcel in a sentence

  • The Seller is not required to sell less than all of the Shares in the Sale Parcel.

  • If the Board does not allocate pursuant to clause 3 all of the Shares in the Sale Parcel, the Seller may sell all of the Shares in the Sale Parcel to a Third Party in accordance with clause 7.

  • If the Seller is entitled to sell Shares to a Third Party under clause 4 the Seller may, within 40 Business Days after the Final Date sell and/or cause to be sold the entire legal and beneficial ownership in all of the Shares in the Sale Parcel to any person or persons who is not an Associate of the Seller and who is approved by the Board in terms of clause 9 (a “Third Party”).


More Definitions of Sale Parcel

Sale Parcel means the Shares specified in a Transfer Notice. “Seller” means a Participant which has given a Transfer Notice. “Third Party” has the meaning in clause 7.
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Sale Parcel means the Shares specified in a Transfer Notice. “Seller” means a Shareholder which has given a Transfer Notice. “Third Party” has the meaning in clause 12.8.
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Sale Parcel means the real property described on Attachment "A" and identified as the Sale Parcel.
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Sale Parcel shall have the meaning given in Section 9.1(b).
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Related to Sale Parcel

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Forest land means all land which is capable of supporting a merchantable stand of timber and is not being actively used for a use which is incompatible with timber growing. Forest land does not include agricultural land that is or was enrolled in the conservation reserve enhancement program by contract if such agricultural land was historically used for agricultural purposes and the landowner intends to continue to use the land for agricultural purposes in the future. For small forest landowner road maintenance and abandonment planning only, the term "forest land" excludes the following:

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.