Second Parcel Clause Samples
The 'Second Parcel' clause defines the terms and conditions related to an additional piece of property, separate from the primary parcel, that is included or referenced in the agreement. This clause typically specifies the location, boundaries, and any unique rights or obligations associated with the second parcel, such as access easements or development restrictions. Its core practical function is to ensure clarity regarding the inclusion and treatment of multiple parcels within a single transaction, thereby preventing disputes over property rights or responsibilities.
Second Parcel. The second parcel consists of approximately eighteen acres with respect to which the United States of America duly executed a Quitclaim Deed dated April 8, 1949, and recorded at Book 30037, Pages 364 though 370, inclusive, in the Official Records of Los Angeles County, California (the Quitclaim Deed), conveying its interests in said parcel to the City. (This parcel is referred to herein as the Second Parcel.) (The First Parcel and the Second Parcel, together with any other right, title and interest in any premises, structures, improvements or other property conveyed by the United States of America to the City in the IOT or the Quitclaim Deed, are collectively, referred to herein as Airport Property).