Developable Land definition
Examples of Developable Land in a sentence
By a Power of Attorney dated 31st October, 2018 hereafter referred to as the "Second Owners' POA", registered with the Additional Registrar of Assurances -III, Kolkata, in Book No. IV, Volume No 1903-2018, Pages 196579 to 196620, Being No. 190306876 for the year 2018, the Second Owners have granted the developer the necessary powers required for developing the Second Owners' Developable Land in the manner as stated above.
To calculate the Gross Developable Land, certain variables need to be reviewed and ultimately agreed upon.
Notwithstanding the foregoing, in no event shall Subtenant's Share of Taxes include taxes assessed on any new improvements constructed on the Developable Land.
Furthermore to calculate the Gross Developable Land, certain data is needed.
In addition, Sublandlord's leasehold estate includes the rights of Lessor to that certain Air Products pipeline containing gaseous nitrogen exists on or under the Developable Land and during the term of this Sublease, Subtenant shall have the exclusive right to use such pipeline and shall have access over the Developable Land to use, maintain and repair, if necessary, the Air Products pipeline and related piping.