Undeveloped Parcel definition

Undeveloped Parcel means any parcel which has not been altered from its natural state by the construction, creation or addition of impervious surface.

Undeveloped Parcel means a Taxable Parcel that is not a Developed Parcel.

Undeveloped Parcel means a Taxable Parcel that is not a Developed Parcel or a Final Map Parcel.

Examples of Undeveloped Parcel in a sentence

• Starwood hereby approves the Undeveloped Parcels and the Transferred Lodging Properties as sites for Licensed Vacation Ownership Properties; provided, however, that any New Properties developed on any such Undeveloped Parcel or at any such Transferred Lodging Property must be developed and operated in accordance with the terms and conditions of this Agreement, including, without limitation, Section 5.2 and the Standards and Policies related to construction and design for New Properties.

• Licensee shall promptly provide Licensor with the name of the prospective purchaser, the price, and the terms and conditions of such proposed sale of the Undeveloped Parcel, together with all other information reasonably requested by Licensor in order for Licensor to confirm that the requirements of this Section 5.3.B have been met.

• In addition, each such Fiscal Year, Taxable Poperty shall be further classified by the CFD Administrator as a Developed Parcel, Final Map Parcel, or Undeveloped Parcel.

• Licensor is entitled to file at Licensor’s cost a record of such interest in and among the appropriate real estate records of the jurisdiction in which the applicable Undeveloped Parcel is located, and Licensee will cooperate as requested by Licensor in such filing.

• If the third party offer provides for payment of consideration other than cash, Licensor may elect to purchase the Undeveloped Parcel or the interest for the reasonable cash equivalent.

More Definitions of Undeveloped Parcel

Undeveloped Parcel means any parcel that has not been altered, graded, filled, overlaid, or constructed and has less than five (5) percent Impervious Surface.

Undeveloped Parcel means all parcels, regardless of zoning or other land use designation, upon which no permanent improvements have been constructed or placed.

Undeveloped Parcel means any parcel of real property which has not been altered by construction of any improvement or other impervious surface area which affects the hydraulic properties of the parcel.

Undeveloped Parcel means a Parcel which is not a Developed Parcel.

Undeveloped Parcel means a Taxable Parcel that is not a Developed Parcel, Small Lot Tentative Map Parcel, or a Large Lot Parcel.

Undeveloped Parcel means those three separate parcels of land to be created out of unimproved portions of Lotx 00, 00 xxx 00, Xxxxx 0, Xxxxxx Xxxxxxx Xxrst Addition, as generally depicted on the Beacon Station Survey, as proposed to be created pursuant to a replat of Gran Park at Beacon Station.

Undeveloped Parcel means any parcel that has not been altered by grading, filling, or construction.