Examples of Withdrawn Property in a sentence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or approval of the Association, any Owner, or any lienholder, provided that Declarant is the fee simple owner of the Withdrawn Property, and provided that the withdrawal of the Withdrawn Property shall not result in the reduction of the number of Lots within the Community or the substantial material reduction of the size of any Lot.
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or approval of the Association, any Owner, or any lienholder, provided that Declarant is the fee simple owner of the Withdrawn Property, and provided that the withdrawal of the Withdrawn Property shall not result in a material change to the scheme of development of the Community.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or approval of the Association, any Owner, or any lienholder, provided that Declarant is the fee simple owner of the Withdrawn Property, and provided that the withdrawal of the Withdrawn Property shall not result in a material change to the scheme of development of the Community.
Withdrawn Property If any Project Facilities are not used in mass transportation service for the duration of their useful life as determined by the Department, whether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.
For the avoidance of doubt, no Withdrawn Property Notice may be delivered after a Closing or Closings have occurred with respect to such Property, and the delivery of any Withdrawn Property Notice shall not have any effect on such prior Closing or Closings.
If any of the foregoing conditions set forth in this Section 7 are not satisfied at the Initial Closing (or the applicable Deferred Closing with respect to any Property specified above), such Property shall be, at the Buyer’s election, a Withdrawn Property.
Pursuant to Section 2.4(c) of the Agreement, the parties acknowledge that none of the Properties of the REIT II Sellers became a Withdrawn Property prior to the expiration of the Inspection Period.
If GSA timely notifies the owner of the Charleston SSA Property that it intends to purchase the facility in accordance with the terms of the Charleston ROFR Notice, then the Charleston SSA Property shall be deemed a Withdrawn Property in accordance with Section 7.6, provided that in such event the Charleston SSA Property shall not count towards the (2) Withdrawn Property limit.
Tenant acknowledges that it is voluntarily surrendering the Withdrawn Property and shall have no claim in relation to the Withdrawn Property under the Lease.
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.