Benefiting Lots definition

Benefiting Lots means tThe Lots wThicTh receive tThe benefit of tThese Covenants;
Benefiting Lots means Lots 1, 2, 3, 4 and 12 on DP 403930 and Lot 24 on DP 420499 and any lot in respect of which a separate Certificate of Title issues as a result of a subdivision of Lots 1,2, 3, 4 or 12 on DP 403930 and/or Lot 24 on DP 420499 provided that such lot shall only be a benefiting lot for so long as the Developer is the registered proprietor of that lot.
Benefiting Lots means all of the lots shown on the Plan "Covenantees" in respect of a particular Covenant Area means the registered Owners of the Benefited Land specified in Schedule A in relation to that Covenant Area;

Examples of Benefiting Lots in a sentence

  • The Grantor for itself so as to bind the Covenanting Lots in the Third Schedule (“Covenanting Lots” and each one of them a “Covenanting Lot”) covenants and agrees with the Grantee (for the benefit of the Grantee and the registered proprietor from time to time of the Benefiting Lots) that the Grantor shall always observe and perform all of the covenants set out in clause 5.1 to the end and intent that each of the covenants shall forever enure for the benefit of the Benefiting Lots.

  • The Grantor for itself so as to bind the Covenanting Lots in the Second Schedule (“Covenanting Lots” and each one of them a “Covenanting Lot”) covenants and agrees with the Grantee (for the benefit of the Grantee and the registered proprietor from time to time of the Benefiting Lots) that the Grantor shall always observe and perform all of the covenants set out in clause 4.1 – 4.3 to the end and intent that each of the covenants shall forever enure for the benefit of the Benefiting Lots.

  • The covenants set out in Clause 5.1 of this Instrument shall run with each Covenanting Lot set out in the Third Schedule for the benefit of all the Benefiting Lots described in the Third Schedule TO THE INTENT that the Grantor and the Grantee shall continue to be bound until they respectively cease to hold a fee simple estate in a covenanting lot but without prejudice to any liability for any breach of covenant under this Instrument arising before such date.

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  • The covenants set out in Clause 4.1 to 4.3 of this Instrument shall run with each Covenanting Lot set out in the Second Schedule for the benefit of all the Benefiting Lots described in the Second Schedule TO THE INTENT that the Grantor and the Grantee shall continue to be bound until they respectively cease to hold a fee simple estate in a Covenanting Lot but without prejudice to any liability for any breach of covenant under this Instrument arising before such date.

  • The Restrictive Covenant created by this Deed shall continue until the Expiry Date, at which time the covenants shall expire and shall cease to burden the Burdened Lots and benefit the Benefiting Lots and thereafter shall be of no further effect howsoever.

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  • The Grantor for itself so as to bind the Covenanting Lots in the Second Schedule (“Covenanting Lots” and each one of them a “Covenanting Lot”) covenants and agrees with the Grantee (for the benefit of the Grantee and the registered proprietor from time to time of the Benefiting Lots) that the Grantor shall always observe and perform all of the covenants set out in clause 4.1 to the end and intent that each of the covenants shall forever enure for the benefit of the Benefiting Lots.

  • The covenants set out in Clause 4.1 of this Instrument shall run with each Covenanting Lot set out in the Second Schedule for the benefit of all the Benefiting Lots described in the Second Schedule TO THE INTENT that the Grantor and the Grantee shall continue to be bound until they respectively cease to hold a fee simple estate in a covenanting lot but without prejudice to any liability for any breach of covenant under this Instrument arising before such date.

  • The covenants set out in Clause 4.1 to 4.3 of this Instrument shall run with each Covenanting Lot set out in the Second Schedule for the benefit of all the Benefiting Lots described in the Second Schedule TO THE INTENT that the Grantor and the Grantee shall continue to be bound until they respectively cease to hold a fee simple estate in a covenanting lot but without prejudice to any liability for any breach of covenant under this Instrument arising before such date.


More Definitions of Benefiting Lots

Benefiting Lots means all of the lots shown on the Plan
Benefiting Lots means the Lots shown as Benefiting Lots in the First Schedule for the purposes of the covenants set out in clause 3; and the Lots shown as Benefiting Lots in the Second Schedule for the purposes of the covenants set out in clause 4.
Benefiting Lots means the Lots shown as Benefiting Lots set out in the first Schedule as the case may be.

Related to Benefiting Lots

  • Multi-family housing means a building or structure that is designed to house two (2) or more different households in separate housing Units which have full kitchen facilities including oven/range, refrigerator, kitchen sink with hot and cold water supply and food storage facilities and at least one (1) full bathroom facility(s), one (1) full bedroom and one (1) living area (including a combination thereof such as studio arrangements).

  • Single-family dwelling unit means a structure that is usually occupied by just one household or family and for the purposes of this Policy is expected to generate an average of 250 gallons per day of wastewater.

  • Multi-family dwelling means a structure that contains more than one separate dwelling unit, which is used, or occupied, or intended to be used or occupied, in whole, or in part as the home or residence of one or more persons.

  • Originating LEA An LEA who originally executes the DPA in its entirety with the Provider. Provider: For purposes of the DPA, the term “Provider” means provider of digital educational software or services, including cloud-based services, for the digital storage, management, and retrieval of Student Data. Within the DPA the term “Provider” includes the term “Third Party” and the term “Operator” as used in applicable state statutes. Student Generated Content: The term “student-generated content” means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • Multiple-family dwelling means a property containing 5 or more residential units, including those which are occupied seasonally.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Eligible area means a distressed area, a labor surplus area, an inner city area, or a situational distress area.

  • Single-family dwelling means a private residence provided with sleeping and cooking facilities intended for domestic use and in which the occupants live as a single housekeeping unit that is not part of a multiple dwelling;

  • Through lot means a lot having frontage on two parallel streets or a lot that is not a corner lot that has frontage on two streets, each of which may provide access to the lot.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Eligible Real Property means, as to any Borrower, Real Property owned by such Borrower in fee simple in each case which are acceptable to Agent in good faith based on the criteria set forth below. In general, Eligible Real Property shall not include: (i) Real Property which is not operated by a Borrower except as Agent may otherwise agree; (ii) Real Property subject to a security interest, lien, mortgage or other encumbrance in favor of any person other than Agent (and other than those permitted under Section 9.8(b), 9.8(c) or 9.8(d) hereof or are subject to an intercreditor agreement in form and substance satisfactory to Agent between the holder of such lien and Agent); (iii) Real Property that is not located in the continental United States of America; (iv) Real Property that is not subject to the valid and enforceable, first priority, perfected security interest, lien and mortgage of Agent; (v) Real Property where Agent determines that issues relating to compliance with Environmental Laws adversely affect such Real Property in such manner that such Real Property would not be acceptable for purposes of including it in the calculation of the Borrowing Base based on the customary practices, procedures and policies of Agent and its Affiliates; provided, that, if the Real Property is acceptable for such purposes in accordance with such practices, procedures and policies, subject to the satisfaction of the other conditions set forth herein and any requirements arising pursuant to such practices, procedures and policies, such Real Property will be considered Eligible Real Property but subject to the right of Agent to establish Reserves to reflect the adverse affect of any environmental conditions or events with respect thereto on its value or the ability of Agent to sell or otherwise realize on such Collateral; (vi) Real Property improved with residential housing; (vii) Real Property that is not subject to a then current final written appraisal by an appraiser reasonably acceptable to Agent (which shall be one of the appraisers selected by Agent from its list of approved appraisers), on which Agent and Lenders are expressly permitted to rely, and that is in form, scope and methodology reasonably satisfactory to Agent; (viii) if requested by Agent, Real Property for which Agent shall not have received a then current environmental audit conducted by an independent environmental engineering firm reasonably acceptable to Agent (based on Administrative Agent’s list of approved firms and in form, scope, substance and methodology reasonably satisfactory to Agent, the results of which are satisfactory to Agent; (ix) if requested by Agent, Real Property for which Agent shall not have received, in form and substance reasonably satisfactory to Agent, a valid and effective title insurance policy (whether in the form of a pro form policy or a marked up title policy commitment)) issued by a company and agent reasonably acceptable to Agent: (A) insuring the priority, amount and sufficiency of the Mortgage with respect to such Real Property, (B) insuring against matters that would be disclosed by surveys and (C) containing any legally available endorsements, assurances or affirmative coverage requested by Agent for protection of its interests. Any Real Property that is not Eligible Real Property shall nevertheless be part of the Collateral.

  • Single Family Property A one-unit residential property.

  • Qualified Ground Lease means each of the ground leases or ground subleases set forth on Schedule 1.01(d) hereto and for a Future Property means any ground lease (a) which is a direct ground lease or ground sublease granted by the fee owner of real property or a master ground lessee from such fee owner, (b) which may be transferred and/or assigned without the consent of the lessor (or as to which the lease expressly provides that (i) such lease may be transferred and/or assigned with the consent of the lessor and (ii) such consent shall not be unreasonably withheld or delayed) or subject to certain reasonable pre‑defined requirements, (c) which has a remaining term (including any renewal terms exercisable at the sole option of the lessee) of at least twenty (20) years, (d) under which no material default has occurred and is continuing, (e) with respect to which a Lien may be granted without the consent of the lessor (but subject to customary requirements regarding the nature of the holder of such Lien and prior notice to the lessor), (f) which contains customary and reasonable lender protection provisions, including, without limitation, provisions to the effect that (i) the lessor shall notify any holder of a Lien in such lease of the occurrence of any default by the lessee under such lease and shall afford such holder the option to cure such default, and (ii) in the event that such lease is terminated, such holder shall have the option to enter into a new lease having terms substantially identical to those contained in the terminated lease and (g) which otherwise contains no non-customary terms that are material and adverse to the lessee.

  • Conduit shall have the meaning assigned to such term in Section 14(d).

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Participating Property means Development.

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. Part 1.45D-1(d).

  • Floodway fringe means an area that is outside a floodway and is

  • Urban transit hub means an urban transit hub, as defined in

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Real Property Asset means, at any time of determination, any interest then owned by any Loan Party in any real property.