Sandalwood Lot definition

Sandalwood Lot means a specified area or areas comprising approximately one sixth (1/6) of a hectare forming part of the Plantation which is sub-leased or intended to be sub-leased to a Grower as more particularly delineated on a Plan and ‘Sandalwood Lots’ means more than one Sandalwood Lot.
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Sandalwood Lot means a specified area forming part of the Plantation which is sub-leased or intended to be sub-leased to a Grower as more particularly delineated on the Plan attached to a Lease and Management Agreement and “Sandalwood Lots” means more than one Sandalwood Lot.
Sample 1
Sandalwood Lot means a specified area forming part of the Plantation which is sub‐leased or intended to be sub‐leased to a Grower as more particularly delineated on the Plan attached to a Lease and Management Agreement and “Sandalwood Lots” means more than one Sandalwood Lot.
Sample 1

Examples of Sandalwood Lot in a sentence

  • Your Sandalwood Lot will be identifiable by reference numbers on a plan of the Plantation.

  • If you wish to transfer your Sandalwood Lot and ongoing obligations in its entirety to another party you should contact TFS Properties, as the consent of TFS Properties is required.

  • Under the Agreement for Sub-Lease, the Responsible Entity must enter into a sub-lease of a Sandalwood Lot as attorney for the Grower in sufficient time for the Responsible Entity to perform the Establishment Services under the Lease and Management Agreement within the period of 12 months from the date that application is accepted.

  • TFS Properties will insure the Trees in the nursery and when planted on your Sandalwood Lot against fire for 90% of their value at its cost until the end of the Establishment Period.

  • It should be noted that this is an estimate, and actual Costs of Harvesting and Processing will be charged on a per Sandalwood Lot basis, whether these are more or less than the estimated figure provided above.

  • A Grower should, however, be aware that exchange rate fluctuations can either positively or negatively affect the Gross Proceeds of Sale from a Sandalwood Lot.

  • TFS Properties will in turn appoint TFS to manage your Sandalwood Lot together with all other Growers’ Sandalwood Lots for the Project as one commercially viable plantation.

  • The present day costs of harvesting your Indian Sandalwood, transporting it to store and processing it has been estimated by TFS at about $8,000 per Sandalwood Lot.

  • The Annual Fee is paid from Year 1 (i.e. the year after the Establishment of the Sandalwood Lot) to Year 14 (i.e. payable for 14 years in total).

  • Table 3A: Annual Investment Option (One Sandalwood Lot) Project Year 0Est.


More Definitions of Sandalwood Lot

Sandalwood Lot means a specified area or areas comprising approximately
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Related to Sandalwood Lot

  • Graywater means untreated wastewater that has not been contaminated by any toilet discharge, has not been affected by infectious, contaminated, or unhealthy bodily wastes, and does not present a threat from contamination by unhealthful processing, manufacturing, or operating wastes. “Graywater” includes, but is not limited to, wastewater from bathtubs, showers, bathroom washbasins, clothes washing machines, and laundry tubs, but does not include wastewater from kitchen sinks or dishwashers. Health and Safety Code Section 17922.12.

  • Nursing home means that term as defined in section 20109 of the public health code, 1978 PA 368, MCL 333.20109.

  • Tree means any object of natural growth.

  • plantation means any land used for the growing and harvesting of crops;

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;