Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.
Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred and on which no development is scheduled to occur within the following twelve (12) months.
Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred and for which no development is scheduled in the following 12 months.
Examples of Unimproved Land in a sentence
Xxxxxxx XX 00000 XX XXXXXX POINTE I, LLC Xxxxxx Pointe I 0000 Xxxxx Xxxxxx Xx. Xxxxxxxxxxx XX 00000 RT NORTH XXXXX III, LLC North Xxxxx III 000 Xxxxx Xxxxx Xxxxxxxxxx XX 00000 RT NORTH XXXXX LAND, LLC Unimproved Land Xxxxx Xxxxx Xxxxxxxxxx XX 00000 RT OAK RIDGE ROAD, LP 000 Xxx Xxxxx Xxxx 000 Xxx Xxxxx Xxxx Xxxxxxxx XX 18202 RT XXXXXXX XXXXXXXX XXXX 0, XXX Xxxxxxx Xxxxxxxx Xxxx 2 0000 Xxxxxxx Xxxx Xxxx.
Virginia REALTORS Form 650 Contract for Purchase of Unimproved Land 2019-10 Fillable Respond Cancel Reply You must be logged in to post a comment.
Rentable Area of Premises (Section 4): Approximately 18,000 square feet of Unimproved Land.
More Definitions of Unimproved Land
Unimproved Land means land which constitutes a single tax parcel or separately platted lot and on which construction of an industrial building has not commenced.
Unimproved Land means, as of any date, any land which (i) is not appropriately zoned for retail development, (ii) does not have access to all necessary utilities or (iii) does not have access to publicly dedicated streets, unless such land has been designated in writing by the Borrower in a certificate delivered to the Administrative Agent as land that is reasonably expected to satisfy all such criteria within twelve (12) months after such date. For purposes of clarification, if any, such land shall be deemed to be included in Construction in Progress as of such date of designation and from and after such date shall not be considered Unimproved Land.
Unimproved Land means, as of any date, any land which (i) is not appropriately zoned for retail development, (ii) does not have access to all necessary utilities or (iii) does not have access to publicly dedicated streets, unless such land has been designated in writing by the Borrower in a certificate delivered to the Administrative Agent as land that is reasonably expected to satisfy all such criteria within twelve (12) months after such date.
Unimproved Land means Properties which have not been developed for any type of commercial, industrial, residential or other income-generating use and are not, as of such date, under development.
Unimproved Land means, as of any date, any land which (i) is not appropriately zoned for industrial development, (ii) does not have access to all necessary utilities or (iii) does not have access to publicly dedicated streets, unless such land has been designated in writing by Borrower in a certificate delivered to the Administrative Agent as land that is reasonably expected to satisfy all such criteria within twelve (12) months after such date, but excluding in any event any land which qualifies as a Drop Lot.
Unimproved Land means land with respect to which no development (other than improvements that are not material and are temporary in nature) has occurred and for which no development is planned in the 12 months following the date of determination.
Unimproved Land means, with respect to the Parent and its Wholly Owned Subsidiaries (or, in the case of any calculation subject to the Ownership Share Adjustment, the applicable non-Wholly Owned Subsidiary or Unconsolidated Affiliate), wholly-owned land of such Person on which no development (other than improvements that are not material and are temporary in nature) has occurred and for which no development is scheduled in the following 12 months.