Speculative Land definition

Speculative Land means, at any given time, all land owned by any Subject Party that has not been developed and is not currently being developed.

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Speculative Land means, at any given time, all land owned by any Subject Party that has not been developed and is not currently being developed. “Straight-Lining of Rents” means, with respect to any lease, the method by which rent received with respect to such lease is considered earned equally

Speculative Land means any Property of the Borrower which has not been developed or which the Borrower does not plan to develop within six months after such Property is acquired.

Examples of Speculative Land in a sentence

• At all times, the ratio of (i) the value at cost of all Speculative Land to (ii) Total Assets shall be less than or equal to .10 to 1.0.

• Speculative Land Acquisition means the acquisition of land which is not anticipated to be (or is not) developed within six months after the acquisition thereof.

• At all times, the ratio of -------------------------------- (i) the value of all Speculative Land (as adjusted to deduct therefrom the pro rata share of Speculative Land allocable to the Outside Interests) to (ii) Total Assets shall be less than or equal to 0.10 to 1.0.

• At all times, the ratio of (i) the value of all Speculative Land (as adjusted to deduct therefrom the pro rata share of Speculative Land allocable to the Outside Interests) to (ii) Total Assets shall be less than or equal to 0.10 to 1.00.

More Definitions of Speculative Land

Speculative Land means any Property of any Consolidated Party which has not been developed or which the Consolidated Party does not plan to develop within six months after such Property is acquired.