Commercial Portion definition

Commercial Portion means the dedicated commercial portion of a Mixed Use Development.
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Commercial Portion means the portion of the Building not used or held for university purposes or as common areas.
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Commercial Portion means the portion of basement floor one of the Qingdao
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Examples of Commercial Portion in a sentence

  • Common Areas: Any existing or future improvements, equipment, areas and/or spaces for the non-exclusive, common and joint use or benefit of Landlord, Tenant and other tenants, occupants and users of the Building or the Commercial Portion.

  • Notwithstanding the prohibition contained in paragraph 6(a) of the Regulatory Agreement against the conveyance or transfer of any interest in any of the Mortgaged Property, HUD recognizes the Master Lease, Master Residential Sublease and Master Commercial Sublease, and that Master Tenant, Residential Tenant and Commercial Tenant will be subleasing to (sub) subtenants individual apartments in the Multifamily Portion or space in the Commercial Portion.

  • Landlord may, in its sole discretion, elect to apply all or any portion of Minimum Rent to the costs of (i) operating, managing, insuring, maintaining, and repairing the Building or the Commercial Portion, (ii) any governmental or quasi-governmental taxes, fees, charges and assessments applicable to the Building or the Commercial Portion (together with any costs incurred in any tax appeal or negotiation), or (iii) promoting the Building or the Commercial Portion.

  • Notwithstanding the prohibition contained in section 35 of the Agreement against the conveyance or transfer of any interest in the Mortgaged Property or the Rents therefrom, HUD approves the (sub) subleasing by the Commercial Tenant of the Commercial Portion, in a commercially reasonable and practical manner.

  • Tenant shall be responsible for the continued maintenance of such sign to keep the same in a condition keeping with Landlord’s standards for the Commercial Portion and shall, upon the expiration or earlier termination of the Lease, remove the same and restore the area affected thereby to the condition that existed prior to Tenant’s installation of the same.

  • At the time of commencement of the Commercial Portion of the Project, the Village shall take the steps necessary to vacate Pinecrest Drive and that portion of Walnut Hills Road that is located within the PD-4 Sub-District.

  • Two initial operating deficit escrows (“IOD(s)”) are being established contemporaneously with the execution of this Commercial Tenant Regulatory Agreement, pursuant to terms and conditions contained in the Firm Commitment for mortgage insurance, one for the Multifamily Portion and another for the Commercial Portion of the Mortgaged Property.

  • Outside of Building Hours, the parking spaces in the Parking Garage shall be available for use, on a non-exclusive, first come/first served basis, by Landlord, Tenant and the customers, patrons, guests and invitees of the Commercial Portion of the Project, but free of charge to Tenant.

  • Demolition and removal of homes, together with all septic tanks, ▇▇▇▇▇ and other utilities, that are currently on portions of Pinecrest Drive and Walnut Hills Road that comprise the Project will be performed so as not to unreasonably delay site work at, or construction of, the Commercial Portion of the Project.

  • According to the applicable PRC laws and regulations, the amount of the Additional Land Premium is required to be calculated on the basis of the Commercial Portion having an area of 28,795 square meters.


More Definitions of Commercial Portion

Commercial Portion means that portion of the Mixed-Use Building expressed as a percentage. The percentage is obtained by dividing the total gross floor area of the Mixed-Use Building by the total floor area used for Commercial purposes, except for any areas used for parking purposes, as noted on the Project’s Architectural Drawings/Plans. The area being used for parking purposes is excluded from all floor area calculations.
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Commercial Portion means “the Commercial Portion” as referred to in Special Condition No. (42)(a)(i) of the Government Grant and includes the Commercial Accommodation (Open Space), the Commercial Car Parking Spaces, the Commercial Motor Cycle Parking Spaces, the Commercial Loading and Unloading Spaces, the Loading and Unloading Space for Hawker Bazaar, the Open Space A, the Open Space B, portion of the Pedestrian Link within the Commercial Portion, the Queuing Areas, the Signs, air ducts, air handling unit rooms, arcades, cable risers, chiller plant room, compact grey water treatment system, cooling towers, electrical room, electricity room, emergency generator room, escalators, exhaust fan rooms, external walls of the Commercial Portion, extra low voltage room, fire service and sprinkler pump room, fire service water tank, firemen’s lift lobbies, flat roofs, fuel tank room, grease trap room, green plaza (South) lifts, lift shafts, lobbies, planters, potable/flushing water pump room, potable water tanks, primary air unit rooms, shops, skylight, sprinkler control valve room, sprinkler pump rooms, sprinkler water tanks, store for caretaker, stores, switch rooms, temporary refuse spaces, transformer rooms, other ancillary services, facilities, areas serving exclusively the Commercial Portion, columns, beams, floor slabs and other structural supports of and within the Commercial Portion, and for the purposes of identification only are shown coloured Orange, Orange Hatched Black Edged Broken Red Lines, Orange Cross Hatched Black, Orange Triangular Hatched Black, Orange Stippled Black, Orange Honey Hatched Black Edged Broken Red Lines, Orange Dash Black, Orange Honey Hatched Red and Orange Cross Hatched Red on the plans nos. DMC-001 to DMC-008, DMC- 030 and DMC-031 certified as to their accuracy by the Authorized Person annexed hereto, but for the avoidance of doubt excluding the Commercial Common Areas and Facilities PROVIDED THAT if the Director of Lands shall at any time approve in writing any alteration of delineation of the Commercial Portion in accordance with Special Condition No. (42)(a)(i) of the Government Grant, the Commercial Portion shall include such parts of the Development as may be included in the altered delineation of the Commercial Portion as approved by the Director of Lands and shall exclude such parts of the Development as may be excluded from the altered delineation of the Commercial Portion as approved by the Director of Lands in writing;
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Related to Commercial Portion

  • Initial Portfolio means the initial portfolio of Receivables, comprising Eligible Assets, purchased by the Guarantor from the Seller pursuant to the Master Loans Purchase Agreement.

  • Substantial Portion means, with respect to the Property of the Borrower and its Subsidiaries, Property which (i) represents more than 10% of the consolidated assets of the Borrower and its Subsidiaries as would be shown in the consolidated financial statements of the Borrower and its Subsidiaries as at the beginning of the twelve-month period ending with the month in which such determination is made, or (ii) is responsible for more than 10% of the consolidated net sales or of the consolidated net income of the Borrower and its Subsidiaries as reflected in the financial statements referred to in clause (i) above.

  • Material Portion has the meaning set forth in Section 6.13(c).

  • Distributed Generation means generating plant equipment collectively used for generating electricity that is connected, or proposed to be connected, to the Network or a Customer's Installation, but does not include:

  • Focal point means the entity of a Party referred to in Article 5 responsible for receiving and submitting information as provided for in Articles 13 and 16;