Additional Property definition

Additional Property means land, including surface and air rights, or improvements to land that are described in an original declaration and that may be added in the future to an expandable condominium property.
Additional Property means the property described on Exhibit B attached hereto, all of any portion of which may from time to time be made subject to the Declaration pursuant to Article 2 hereof and which, when so subjected, shall become a part of the Property.

Examples of Additional Property in a sentence

  • Each Owner, by acceptance of a deed or other conveyance to a Lot or Dwelling, consents and agrees to the dilution of his voting interest in the Association by virtue of the resubdivision of any Lot by Developer or the submission of any Additional Property to the terms of this Declaration.

  • Annual and special assessments for Lots and Dwellings within any portion of the Additional Property hereafter submitted to the terms of this Declaration shall commence with respect to each such Lot or Dwelling on the date on which such Lot or Dwelling is conveyed to a person other than Developer, subject to proration and adjustment according to the number of months then remaining in the fiscal year of the Association and number of days then remaining in the month in which such Assessments commence.

  • The Additional Property may also include additional Common Areas.

  • Grant Payments will be made by the City in the calendar year immediately following the full calendar year in which the Additional Property Taxes upon which the Grant Payment amount is based are generated.

  • Developer reserves the right, in its sole and absolute discretion, at any time and from time to time during the pendency of this Declaration, to add and submit any Additional Property to the provisions of this Declaration and, to the extent any of the Additional Property is specifically submitted to the terms and provisions of this Declaration by Developer, then any such Additional Property shall constitute part of the Property.


More Definitions of Additional Property

Additional Property means any Mineral Rights or Surface Rights acquired within the Area of Interest and which become a part of the Properties as contemplated in Article 10.
Additional Property shall have the meaning ascribed in Section 2.3.
Additional Property shall have the meaning set forth in subsection 2.1(b).
Additional Property shall have the meaning assigned to such term in Section 9.21.
Additional Property means those Individual Properties set forth on Schedule XX hereto.
Additional Property means and include the following property, which Internet America becomes entitled to receive or shall receive in connection with any other Collateral:
Additional Property means the real property legally described in Exhibit B attached and incorporated into this Agreement.