Commercial Lot definition

Commercial Lot means and refer to any Lot so designated upon any recorded subdivision plat of The Properties, or as may be so designated by this Declaration, or any Supplemental Declaration.

Commercial Lot means a lot where a commercial use -

Commercial Lot means any lot situated within a commercial zone as classified by the town planning scheme and includes land predominately used for commercial purposes;

Examples of Commercial Lot in a sentence

• Since the payments under the note following a purchase of the Hotel Lot and Commercial Lot would have been substantially the same as the minimum payments due to SILV under the management agreement, there is no detrimental effect on the Company’s cash flow as a result of this rescission.

• Based on the terms of the September 2005 agreements, and assuming the purchase is completed, the Company’s management and ownership of the Hotel and Commercial Lot beyond January 2008 is subject to certain contingencies, which include standards regarding the quality of the operations.

• It is the parties intent, and a condition to the closing herein, that Sweeney transfer the Real Proxxxxx xo Investments prior to closing, by warranty deed, free and clear of all encumbrances except a first lien mortgage on the Commercial Lot of approximately $387,000 held by Murdock Savings & Loan Mortgagx (xx successor or assign); and a first lien mortgage on Residential Lot of approximately $55,000, held by Midland Mortgage (or successor or assign.).

• The combined purchase price is twenty four million dollars ($24,000,000), which would be 100% financed by SILV by means of a non-recourse, 25-year loan secured by a mortgage on the Hotel and Commercial Lot.

• Transferee or Assignee of ------------------------------------------------------- Industrial or Commercial Lot.

More Definitions of Commercial Lot

Commercial Lot shall refer to a group of products comprised of food, household items and sundries.

Commercial Lot means a lot where a commercial use is or may be permitted under the City local planning scheme, and is or will be the predominant use of the lot, and no residential use is a use of the lot;

Commercial Lot means a Lot that is zoned for, or contains, or is proposed to contain a commercial, industrial, institutional or multi-family development.

Commercial Lot means a lot where a commercial or light industrial use is or may be permitted under the Town Planning Scheme and is or will be the predominant use of the lot;

Commercial Lot means a Lot that is not a Residential Lot on which the primary use is intended or primarily suited for use as an office, light industrial, green technology or other commercial use.

Commercial Lot means and refer to any lot upon which commercial buildings or activities are permitted by Restrictions and Covenants now or hereafter recorded.

Commercial Lot means any property concerned with, or engaged in, the interchange of goods and services for money or in-kind. Commercial lot is referenced in the campground presumption provision in 22 M.R.S. §2492.