Commercial Land definition

Commercial Land means that area of the Airport which is designed for businesses and commercial activity, but may be leased to private individuals at the commercial rate.
Commercial Land means Property which: (a) is zoned for commercial purposes as a use by right (or comparable classification under local law); (b) is owned in fee simple by the Borrower or a Subsidiary Guarantor; (c) is located in the United States of America; (d) with respect to such Property, no payment or other material default by the Borrower or a Subsidiary Guarantor in the payment or performance of any assessment district obligations, special facility obligations or other similar obligations has occurred and is continuing with respect to such Property; (e) is not subject to any Liens other than Permitted Liens; (f) if all or any portion of such Property secures Permitted Deferred Purchase Price Debt, no enforcement action has been taken or is threatened to be taken by any holder of such Permitted Deferred Purchase Price Debt; and (g) is adjacent to and developed in connection with Residential Land.
Commercial Land means land used for commercial purposes, whether wholesale, retail or service, carrying on a trade, business or profession, and includes land used or occupied by a non-profit organization which would, if the land were so used or occupied by a trade or business, be treated as commercial land, but does not include agricultural land;”;

Examples of Commercial Land in a sentence

  • Please do not hesitate to contact the town office should you have any questions or concerns.Zoning Information EXCERT FROM THE TOWN OF SMOOTH ROCK FALLS ZONING BY-LAW #2016-04 Request for Proposals Notice TOWN OF SMOOTH ROCK FALLS SURPLUS COMMERCIAL LAND REQUEST FOR PROPOSALSThe Town of Smooth Rock Falls (hereinafter the “Town”) invites you to submit a Proposal to purchase and develop the Surplus Commercial Land described herein.

  • Commercial Land NeedType2005-20252026-2040Office15 ac27 acRetail96 ac82 acTotal111 ac109 acSource: Johnson Gardner In addition, Newberg will need to ensure that large parcels are available for shopping centers.

  • Factors which the Town will consider when choosing a successful Proponent for any or all of the parcels of Surplus Commercial Land include, but will not be limited to: 1.

  • The Town reserves the right to sell each parcel of Surplus Commercial Land individually, or to sell any combination of parcels, including all the parcels, to a Proponent, based on consideration of the terms of the Proposal.

  • These processes include input from staff, allied health professionals, organisation requirements, risk assessments and trials on new equipment and resident and staff meetings.


More Definitions of Commercial Land

Commercial Land means ratable land that is not situated in a country lands water district and—
Commercial Land means land, the occupation and use of which is primarily for non-residential purposes and may be commercial or industrial by nature;
Commercial Land means any land which is predominantly used for or is capable of use for commercial or industrial purposes which have the approval of the Island Council and of the Governor;]
Commercial Land means land most suitable for wholesale or retail businesses, financial institutions, professional offices and clinics, service trades and occupations, privately owned public utilities and similar businesses.
Commercial Land means land that is not residential land;
Commercial Land means land that is taken under section 8(2) of the Act to be used for the purpose defined as "commercial" in that section;
Commercial Land means a plot of land used or to be used for the Government;