Subject Land definition
Examples of Subject Land in a sentence
The Owner warrants that apart from the Owner and any other person who has consented in writing to this Agreement, no other person has any interest, either legal or equitable, in the Subject Land which may be affected by this Agreement.
Further, the Allottee/s has/have been informed and acknowledge(s) that the FSI proposed to be consumed in the Phase may not be proportionate to the area of the Project Land on which it is being constructed in proportion to the total area of the Subject Land taking into account the FSI to be utilized for all buildings to be constructed thereon.
The right hereby reserved shall be available to the Developer until the complete optimization of the Subject Land.
For purposes of this Memorandum, the Subject Land and the Improvements, Fixtures and Lessor’s Personal Property relating to the Subject Facility are collectively referred to herein as the “Subject Property.” All capitalized terms used herein but not otherwise defined shall have the same meanings as set forth in the Master Lease.
If the Subject Land is conveyed to more than one owner and the Improvements will serve multiple properties with different owners, then the Developer shall provide notice of the sale to the City and the City shall decide in its sole discretion, if: (i) this Agreement should be modified or amended; or (ii) this Agreement should be terminated, in which case the Developer shall convey an easement to the City over the Improvements , thereby making the Improvements public infrastructure.