Examples of Withdrawn Property in a sentence
Declarant shall have the right to withdraw portions of the Property from the terms and conditions of this Declaration without the joinder, ratification or approval of the Association, any Owner, or any lienholder, provided that Declarant is the fee simple owner of the Withdrawn Property, and provided that the withdrawal of the Withdrawn Property shall not result in a material change to the scheme of development of the Community.
Declarant shall have the right to withdraw portions of the Land from the terms and conditions of this Declaration without the joinder, ratification or approval of the Association, any Owner, or any lienholder, provided that Declarant is the fee simple owner of the Withdrawn Property, and provided that the withdrawal of the Withdrawn Property shall not result in a material change to the scheme of development of the Community.
Declarant shall have the right to withdraw portions of the Property from the terms and conditions of this Declaration without the joinder, ratification or approval of the Association, any Owner, or any lienholder, provided that Declarant is the fee simple owner of the Withdrawn Property, and provided that the withdrawal of the Withdrawn Property shall not result in the reduction of the number of Lots within the Community or the substantial material reduction of the size of any Lot.
Withdrawn Property If any Project Facilities are not used in mass transportation service for the duration of their useful life as determined by the Department, whether by planned withdrawal, misuse or casualty loss, the Grantee agrees to notify the Department thereof within thirty (30) calendar days prior to the date of disposition.
In that event, such Damaged Property shall be treated as a Withdrawn Property under Section 3.5, and this Agreement shall continue in full force and effect as to all other Property.
Assessment CriteriaEligible applications will be assessed against the following criteria: 1.
The right to withdraw all or any portion of the real estate from the Additional Property described in Exhibit B hereto by recording a notice of the withdrawal of such real estate from the Additional Property (the "Withdrawn Property").
The Vendor will, in addition to its own fees, costs and expenses, be responsible for, and indemnify Retrocom LP and/or the REIT in respect of, 50% of all out-of-pocket due diligence expenses relating to inspection reports or environmental reports prepared by third parties in connection with pursuing or consummating any amendment to the Purchase and Support Agreement that would give effect to the purchase and sale of such Substituted Property in place of the Withdrawn Property.
Nothing in the foregoing requires Retrocom LP to accept any such Substituted Property in place of a Withdrawn Property or creates any obligation on the part of Retrocom LP to enter into any such amendment to the Purchase and Support Agreement.
Tenant acknowledges that it is voluntarily surrendering the Withdrawn Property and shall have no claim in relation to the Withdrawn Property under the Lease.