Said Land shall have the meaning ascribed to such term in Recital XVII of this Agreement and which is more fully and particularly described in Part A of First Schedule written hereunder and delineated and demarcated in Annexure – A hereto;
Blighted property means property that meets any of the following criteria:
Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.
Finished Lots Entitled Land with respect to which (a) development has been completed to such an extent that permits to allow use and construction, including building, sanitary sewer and water, are entitled to be obtained for a Unit on such Entitled Land and (b) start of construction has not occurred.
Blighted means property that meets any of the following criteria as determined by the governing body: