Undeveloped Strips definition

Undeveloped Strips means all or any portion of
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Undeveloped Strips means all or any portion of the Initial Undeveloped Strips and the Remaining Undeveloped Strips.
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Undeveloped Strips means small strips of
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Examples of Undeveloped Strips in a sentence

  • Buyer shall deliver to the Brazos River Authority and Seller no less than forty-five days prior to Closing, at the Buyer's expense, an accurate survey of the Property (including any Undeveloped Strips being included in such Property), which survey must be acceptable to the Brazos River Authority and Seller.

  • The Residential Leased Land (and any Undeveloped Strips that are conveyed to an Owner as part of the Residential Leased Land) shall be improved and used solely for single- family residential use, inclusive of a garage, fencing and other such related improvements as are necessary or customarily incident to normal residential use and enjoyment and for no other use.

  • There is no commitment, agreement, or understanding concerning the subject matter of the Grant Agreement that is not contained in the written document.

  • No portion of the Residential Leased Land (and any Undeveloped Strips that are conveyed to an Owner as part of the Residential Leased Land) shall be used for manufacturing, industrial, business, commercial, institutional or other nonresidential purpose, save and except as set forth in Section 4.03(b) below.

  • The Initial Survey may also include a portion of the Roads and the Undeveloped Strips.

  • The Initial Survey will not include the interior leased lot lines and may not encompass all or any of the Roads or Undeveloped Strips.

  • Notwithstanding the foregoing, Owners and/or Ground Lessees shall be permitted to conduct a “garage sale” on their respective portion of the Residential Leased Land (and any Undeveloped Strips that are conveyed to an Owner as part of the Residential Leased Land) not more than one time per calendar year.” g.

  • Purchaser and Seller agree to review those surveys of individual leased lots (including any Undeveloped Strips which are to become part of such leased lot) provided to Purchaser and Seller by the applicable Leaseholder at least forty-five (45) days prior to Closing.

  • Except as may be otherwise provided herein and any amendments to this Declaration, Commercial Leased Land (and any Undeveloped Strips that are conveyed to an Owner as part of the Commercial Leased Land) may be improved and used for any lawful commercial purpose, including without limitation, non-profit organizations or governmental or quasi-governmental agencies.” h.

  • Seller will, in its discretion, determine prior to Closing which undeveloped strips of land will be included within the definition of Undeveloped Strips for purposes of this Contract.


More Definitions of Undeveloped Strips

Undeveloped Strips means all or any portion of the Initial Undeveloped Strips and the Remaining Undeveloped Strips [small strips of unleased land located between individual lots within the Leased Tract and small parcels of land between the Leased Tract and Roads that the Authority determines in its sole discretion to include in any sale of all or any portion of the Leased Tract].
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Undeveloped Strips consist of those certain strips of undeveloped and un-leased land located (i) between individual leased lots within the Leased Tract (i.e., a strip of land which is not covered by the individual leases on either side of such strip of land) or (ii) between the Leased Tract and the Roads, which Seller determines, in its sole discretion, to include as part of the Property. Seller will, in its discretion, determine prior to Closing which undeveloped strips of land will be included within the definition of Undeveloped Strips for purposes of this Contract. Portions of the Undeveloped Strips may be included as part of the Roads and/or portions of the Undeveloped Strips may be conveyed to the adjacent Leaseholders by Purchaser, or otherwise be included as part of the adjacent Leaseholders individual leased lot, as determined and
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Related to Undeveloped Strips

  • Undeveloped Land means (i) all undeveloped land existing on or acquired after the Issue Date and (ii) any operating property of the Company or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Acreage means the number of acres of land area of an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the Board may rely on the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Mineral Interests means rights, estates, titles, and interests in and to oil and gas leases and any oil and gas interests, royalty and overriding royalty interest, production payment, net profits interests, oil and gas fee interests, and other rights therein, including, without limitation, any reversionary or carried interests relating to the foregoing, together with rights, titles, and interests created by or arising under the terms of any unitization, communization, and pooling agreements or arrangements, and all properties, rights and interests covered thereby, whether arising by contract, by order, or by operation of Laws, which now or hereafter include all or any part of the foregoing.

  • Proved Undeveloped Reserves means Proved Reserves which are categorized as “Undeveloped” in the Definitions.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Assets Under Development means any real property under construction (excluding any completed Property under minor renovation) until such property has received a certificate of occupancy.

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • Dining area means a public room or area in which meals are regularly served.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Cluster development means a contiguous cluster or

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Mixed-use project means a project comprising both a qualified

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Residual disinfectant concentration (“C” in CT cal- culations) means the concentration of disinfectant measured in mg/l in a representative sample of water.

  • Landing area means that part of a movement area intended for the landing or take-off of aircraft;

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Net Acres means, as computed separately with respect to each leasehold, (a) the number of gross acres in the lands covered by such leasehold, multiplied by (b) the undivided percentage interest in oil, gas and other minerals covered by such leasehold in such lands, multiplied by (c) Producer’s working interest or undivided interest in such leasehold.”