Terminal Property definition
Examples of Terminal Property in a sentence
Mass Wharf Fuel Oil Terminal Property Lie and Topographic Survey” dated November 24, 1965 and filed with the Middlesex South District Registry of Deeds as Plan No. 3 of 1966 at the End of Book 11021 and containing, according to the plan, 97,652 square feet.
In the event that Tenant enters into a Sublease of a Property for lawful purposes other than as a Service Station Property or a Petroleum Terminal Property, Tenant shall at its expense remove all USTs, above-ground tanks and related piping, and contaminated soil at such Property, if any, if and to the extent required by applicable Law or Environmental Law.
Notwithstanding the above, Landlord shall be solely responsible for the actual, out-of-pocket costs and expenses related to the Preexisting Condition Terminal Compliance for the Highspire Petroleum Terminal Property.
Upon the occurrence of a Rescission Event, the Operating Company shall have the right, but not the obligation, to rescind the contribution of interests in the ▇▇▇▇▇▇▇▇ Terminal Property as contemplated by this Agreement by providing written notice to TRMC.
The term "Pelham Manor Rezoning Event" means the date when, as a result of the enactment of a final, non-appealable change in Law, the use of the Property having a mailing address of 4301 ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇ a Petroleum Terminal Property is no longer lawful.
During the Inspection Period, Buyer shall have the right to inspect the above-ground physical improvements, fixtures and equipment at (i) each Property (other than a Terminal Property) by using the property inspector set forth on Section 6.1(b)(i) of the Disclosure Schedule and (ii) each Terminal Property by using the property inspector set forth on Section 6.1(b)(ii) of the Disclosure Schedule (each such property inspector, a “Property Inspector” and together, the “Property Inspectors”).
The net effect of the foregoing provisions is that, for Petroleum Terminal Properties other than the Highspire Petroleum Terminal Property, Landlord shall not pay more than $4,250,000 in connection with all Preexisting Condition Terminal Compliance.
Terminal Property — the terminal facility owned and operated by the Company and located in Burhnam, Illinois.
The CBA applies regardless of whether any given parcel of the ▇▇▇▇▇▇ Terminal Property is leased or developed by the Oakland A’s or some other entity.
For the avoidance of doubt, an account will not be deemed to have been lost in connection with the consummation of a Terminal Divestiture if such account is transferred to another Terminal Property in connection with such Terminal Divestiture.