Block Owner definition

Block Owner or “Owner” means the owner of a Block.
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Block Owner means, individually, the owner of record of the fee interest in all or any
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Examples of Block Owner in a sentence

  • The Developer and the applicable Block Owner will enter into and record as a covenant running with the land comprising each Block an Operation and Maintenance Agreement for the Parking Facilities located on that Block.

  • City and Developer (or its designated Affiliate Block Owner) will enter into one or more CRA Agreements on the Effective Date collectively providing for real property tax exemptions for all Blocks as provided in this Section.

  • Block Owner shall have closed on the purchase of any portion of the Block not then owned in fee simple by Block Owner, such that the Block Owner shall own the entire Block (less the Community Facilities Property conveyed pursuant to Section 4.6) in fee simple.

  • The form of Operation and Maintenance Agreement for the Community Events/Conference Facility must be approved by Developer, Block Owner and City prior to construction of the Community Events/Conference Facility.

  • The execution, delivery and performance by the Developer, Block Owner or any of their Affiliates of the Project Agreements to which it is a Party are within the Developer’s, Block Owner’s and the Affiliate’s powers, respectively, and have been duly authorized by all necessary action of the Developer, Block Owner and their Affiliates.

  • No consent, authorization, approval, order or other action by, and no notice to or filing with, any court or Governmental Authority or regulatory body or third party, is required for the execution, delivery and performance by Developer of this Agreement or by Developer, Block Owner or any Affiliate of the Project Agreements to which it is a party.

  • Block Owner and owner of the Community Facilities have executed and recorded a covenant running with the land in favor of City for the Parking Facilities located on the Block.

  • Specifically, the Developer and applicable Block Owner shall perform the specific maintenance with respect to the Community Events/Conference Facility generally in accordance with a maintenance standards manual prepared by Developer or Block Owner and approved by City.

  • The CRA Agreements shall include, among other things, an acknowledgement by Developer and Block Owner that City may terminate the CRA Agreement with respect to a Block if Developer and Block Owner do not satisfy the Incentive Contingencies for that Block by the Construction Commencement Deadline for the Block.

  • Specifically, the Developer and applicable Block Owner shall perform the specific maintenance with respect to the Parking Facilities generally in accordance with a maintenance standards manual developed by Developer and Block Owner and approved by City.