Unimproved Parcels definition

Unimproved Parcels means (a) those portions of the Property identified on Schedule IV attached hereto and made a part hereof and (b) any undeveloped portion of an Individual Property as to which Mezzanine Lender has reasonably determined (x) that such portion is not required for the primary intended use of such Individual Property, and (y) that neither the release of such portion nor the intended use of such portion following such release will adversely affect either the “as leased” appraised value or the net operating income of the remaining portion of such Individual Property.
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Unimproved Parcels means, in any Fiscal Year, all Assessor’s Parcels in the CFD that have not, in prior Fiscal Years, been designated as Improved Parcels and are, in the current Fiscal Year designated by the following County Use Codes: 10, 20, 30, 32,
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Unimproved Parcels means a portion of land of any size, the area of which is determined by the assessor's maps and records and may be identified by an assessor's parcel number upon which no structure is located.
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Examples of Unimproved Parcels in a sentence

  • For the avoidance of doubt, the erecting, maintaining and operating of residential apartment or condominium complexes on Unimproved Parcels after their release shall not be deemed to be inconsistent with the use of the related Individual Property.

  • Where this situation does not occur, the owner should consider ways of retaining quality contractor personnel with knowledge of the pro- ject, as consultants or employees, as one means of en- suring complete and expeditious performance of the remaining work.

  • Subdivide any Individual Property other than with respect to Unimproved Parcels in accordance with the terms of this Agreement or otherwise with the prior consent of Lender which consent shall not be unreasonably withheld, conditioned or delayed.

  • For the avoidance of doubt, the erecting, maintaining and operating of residential apartment or condominium complexes on Unimproved Parcels shall not be deemed to be inconsistent with the use of the related Leased Property.

  • Xxxxxxx Xxxxxxxxxx Xxxxxxxxxx, Xxxxx 00000 JP-Palisades II, LLC 0000 Xxxxxxxx Xxxxxxxxx Xxxxxxxxxx, Xxxxx 00000 JP-Greenway I, LLC 0000 Xxxxxxxx Xxxxxxxxx Xxxxxxxxxx, Xxxxx 00000 JP-Greenway II, LLC 0000 Xxxxxxxx Xxxxxxxxx Xxxxxxxxxx, Xxxxx 00000 JP-Greenway III, LLC Unimproved Parcels Xxx 0, Xxxxx X, Xxxxxx Xxxxxx, Xxxxxxxxx Xxxxxxx in the City of Xxxxxxxxxx, Xxxxxx and Xxxxxx County, Texas.

  • The assessed value determination of the County Board is less than the Unimproved Parcels value as a developable lot but more than zero.

  • At the Closing, Sellers will deliver to Purchaser actual, physical possession of the Acquired Assets, including the Owned Facilities, the Pharmacy Location and the WO Unimproved Parcels and all keys for use at the Facilities, the Pharmacy Location and the WO Headquarters in the possession of or subject to the control of Sellers, including master keys as well as combinations, card keys and cards for the security systems, if any.

  • To ensure that Unimproved Parcels do not become overgrown with weeds and other vegetation, the Association shall provide for the periodic mowing of the Unimproved Parcels.

  • The Special Tax shall be levied at the rate of 9.1 cents ($0.0910) per square foot on the Square Footage all Improvements and $20 per parcel on all Unimproved Parcels (“Rate”).

  • The tax levied shall be at the rate of 22.80 cents per square foot on all Improvements on Residential Parcels, 34.36 cents per square foot on all Improvements on Commercial, Industrial, and Institutional Parcels, and $50 per parcel on Unimproved Parcels.

Related to Unimproved Parcels

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

  • 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.

  • Parcels means a property within the District, identified by either a tax map identification number assigned by the Appraisal District for real property tax purposes, by metes and bounds description, or by lot and block number in a final subdivision plat recorded in the official public records of the County, or by any other means determined by the City.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • 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.

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Crown land means land in which there is a Crown interest or a Duchy interest;

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

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

  • 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.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • the Land means the land (including for the avoidance of doubt all buildings, structures landscaping and other erections) situated at and known as Xxx Xxxx Xxxxxx Xxxxxxx Xxxx Xxxxx Xxxxxxxx XX0 0XX;

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Lots means all or any machinery and other items sold or intended to be sold in accordance with these conditions; “Purchaser” means a person, firm or Company who purchase any Lot;

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

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).