Vacant Land Sample Clauses

Vacant Land. Lot 1, ST. LUCIE WEST PLAT NO. 149, a Subdivision according to the plat thereof recorded at Plat Book 40, Pages 17, 17A in the public records of St. Lucie County, Florida.
Vacant Land. Borrower owns vacant land which is contiguous to the Parks located in Austin (approximately 1.8 acres), Greenville (approximately 4.5 acres), Jacksonville (approximately 13.3 acres), Memphis (approximately 16.2 acres), San Antonio (approximately 7.2 acres) and St. Petersburg (approximately 11 acres) (herein referred to collectively as the "Vacant Land"). Borrower hereby agrees that Lender shall have a right of first offer with respect to the following (hereinafter referred to as a "Sale/Loan") (i) purchase of any Vacant Land prior to Borrower selling such Vacant Land, and (ii) mortgage loan financing prior to Borrower obtaining construction or permanent financing of improvements erected or to be erected on any Vacant Land. Borrower shall give Lender written notice of its intent to commence a Sale/Loan and Lender shall have 30 days (the "Offer Period") to make an offer to purchase or finance such Vacant Land. In the event that (a) Lender does not respond or otherwise declines to exercise this right of first offer within the Offer Period, or (b) Borrower declines Lender's proposal for such sale or financing, as the case may be, Borrower shall be free for a period of twelve (12) months from the expiration of the Offer Period to enter into any contract or contracts for the sale or financing of such parcel of Vacant Land as it shall determine in its sole discretion.
Vacant Land. While the Purchaser may have fewer physical inspections to perform, vacant land transactions can still have very lengthy Due Diligence Periods if the Purchaser is seeking a “blessing” of its development plans pre- Closing. Development of vacant lands may entail land division, combination, or reconfiguration, site plan approvals, creation and approval of a condominium regime, a change in the zoning classification of the Property, a variance or special use permit for Purchaser’s intended use or construction, and special permits for unique land features such as wetlands. If the Purchaser is asking that a time-consuming approval be a condition to the Purchaser’s obligation to proceed with the purchase, such as a zoning change, the Seller will often insist that part or all of the Deposit become non-refundable after a certain point to compensate the Seller for the length of time the Property is off the market.
Vacant Land. Without Lender’s consent, the Borrower shall not construct or place or permit any construction or placement of any buildings, structures, improvements, alterations or appurtenances upon, in, under or above the Land or any part thereof.
Vacant Land. The Land is vacant and no buildings, improvements, alterations or appurtenances are located upon, in, under or above the Land or any part thereof.

Related to Vacant Land

VACANT POSSESSION The Purchaser after the payment of the TPP shall at his own costs and expenses take possession of the Property without any obligation on the part of the Assignee/Bank to give vacant possession and the Purchaser is PROHIBITED from entering upon the Property or take possession of the Property prior to the settlement of the balance purchase price and/or late payment interest (if any).
Rentable Area of the Premises The term "Rentable Area of the Premises" shall mean 2042 rentable square feet, which Landlord and Tenant have stipulated as the Rentable Area of the Premises. Tenant acknowledges that the Rentable Area of the Premises includes the usable area, without deduction for columns or projections, multiplied by a load factor to reflect a share of certain areas, which may include lobbies, corridors, mechanical, utility, janitorial, boiler and service rooms and closets, restrooms and other public, common and service areas of the Building.
Substitute Premises Landlord shall have the right at any time during the term hereof, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building of approximately the same size as the Premises and remove and place Tenant in such space with Landlord to pay all reasonable costs and expenses incurred as a result of such removal of Tenant. Should Tenant refuse to permit Landlord to move Tenant to such new space at the end of said sixty (60) day period, Landlord shall have the right to cancel and terminate this Lease effective ninety (90) days from the date of original notification by Landlord. If Landlord moves Tenant to such new space, this Lease and each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space, and such new space shall thereafter be deemed to be the Premises as though Landlord and Tenant had entered into an express written amendment of this Lease with respect thereto.
Leased Premises Lessor hereby leases to Lessee, and Lessee leases and takes from Lessor, the Leased Premises subject to the conditions of this Lease.
Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.
Leased Properties Schedule 3.9 sets forth a true, correct and complete list of all leases, subleases, licenses and other agreements (collectively, the "Real Property Leases") under which the Company or any Subsidiary uses or occupies or has the right to use or occupy, now or in the future, any real property used in or related to the Business (the land, buildings and other improvements covered by the Real Property Leases being herein called the "Leased Real Property"), which Schedule 3.9 sets forth (i) the date of and parties to each Real Property Lease, (ii) the date of and parties to each amendment, modification and supplement thereto, (iii) the term and renewal terms (whether or not exercised) thereof, (iv) the annual rent payable thereunder and (v) a brief description of the Leased Real Property covered thereby. The Company has heretofore delivered to, or caused to be delivered to, the Prior Purchasers true, correct and complete copies of all Real Property Leases (including all modifications, amendments and supplements). Each Real Property Lease is valid, binding and in full force and effect, all rent and other sums and charges payable by the Company and its Subsidiaries as tenant thereunder are current, no notice of default or termination under any Real Property Lease is outstanding, and no termination event or condition or uncured default on the part of the Company or any of its Subsidiaries or, to the Knowledge of the Company, the landlord, exists under any Real Property Lease.
Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.
Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"):
Additional Premises Effective as of the Additional Premises Commencement Date (as defined below), and continuing for the balance of the Lease Term, the space on the second (2nd) floor of the Building shown outlined on the attached Exhibit B (the “Additional Premises”) shall be added to the Premises covered by the Lease. The Additional Premises is known as Suite 200 of the Building. Commencing on the Additional Premises Commencement Date, all references in the Lease and in this Amendment to the “Premises” shall be deemed to refer to the Existing Premises and the Additional Premises, collectively (and also, to the extent applicable, the Temporary Premises). Landlord and Tenant hereby stipulate for all purposes of the Lease that the rentable square footage of the Additional Premises is deemed to be 7,668 rentable square feet. The combined rentable square footage of the Existing Premises and the Additional Premises is 18,561 rentable square feet.
Subleased Premises Sublandlord hereby subleases to Subtenant, on the terms and conditions set forth in this Sublease, the Subleased Premises. Sublandlord shall deliver the Subleased Premises to Subtenant on the Sublease Commencement Date with all building systems serving the Premises in good working condition, broom clean, but otherwise in such "AS IS, WHERE IS" condition as exists as of the date of this Sublease, free of all occupants other than Subtenant. Subtenant acknowledges that Sublandlord has made no other representations or warranties concerning the Subleased Premises or the Building or their fitness for Subtenant's purposes, except as expressly set forth in this Sublease. The taking of possession of the Subleased Premises shall be deemed Subtenant's acknowledgement that the same have been delivered in a good and tenantable condition. Sublandlord agrees that Subtenant shall have access to the Sublease Premises prior to the Sublease Commencement Date, beginning at 5 p.m. on January 29, 2002 to and including March 31, 2002, to make Subtenant Improvements, including telephone and cable work. Sublandlord represents that all improvements, additions, alterations and other work done by it to the Sublease Premises was done with the Master Landlord's consent and with all necessary permits and approvals.