Developable Property definition

Developable Property means (a) any Property on which there are no improvements (excluding land which is leased under a net lease to a third party) or (b) any Property (or portion thereof) acquired by the Borrower or any Subsidiary for the purposes of being developed. Developable Property shall not include any Property that is an Asset Under Development.
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Developable Property means (a) any Property on which there are no improvements (excluding land which is leased under a net lease to a third party) or (b) any Property (or portion thereof) acquired by the Borrower or any Subsidiary for the purpose of being developed by the Borrower or any Subsidiary.
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Developable Property means, for Successor Parcels, that in each Fiscal Year, all Taxable Property for which a building permit could be issued for new construction.
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Examples of Developable Property in a sentence

  • Developable Property: All property exclusive of dedicated streets, and alleys, dedicated parks, dedicated trails, dedicated ponding areas, and non-buildable wetlands.

  • The process for apportioning the Maximum Special Tax of an Original Parcel(s) to the Successor Parcel(s) is as follows: Step 1: Identify the number of Successor Parcels created by the Original Parcel(s) change, merger or subdivision that are considered Developable Property.

  • As a general matter, the Compensation Committee’s process is independent of any consideration of the timing of the release of material non-public information, including with respect to the determination of grant dates.

  • Developimplementationplan(OngoingbyRRI)• Prioritizeprojects• Developfundingideas(regionalStatebondingapplication,federalsources)• CreateandfundlobbyingteamFunding:oStepsA,B(COMPLETE)oStepsC-E(RRI) R7: Develop a Residential Developable Property Assessment.

  • FOURTH ORDER OF BUSINESS Discussion of Developable Property withinthe District and Application of AssessmentMr. Matovina informed the Board that when the original PUD was approved for Heron Isles, the PUD authorized the construction of 749 homes and several commercial areas.

  • With respect to Developable Property where improvements have not commenced and which is not covered by any other category in the Borrowing Base, twenty-five (25%) of the difference of (i) Developable Property Book Value minus (ii) the amount of CDD Indebtedness and Permitted Mortgages applicable to such Developable Property.

  • Developable Property means the gross area of a parcel less any portion dedicated for a highway or other public use and less any portion which cannot be developed for the use intended.

  • If any such parcel or real property is acquired by AR or AERL following the Effective Date and AR desires to transfer any such parcel to BSB, AR will notify BSB and, within thirty (30) days of such notice, representatives of the Parties shall meet and, in good faith, determine whether the parcel of real property should be properly characterized as a Developable Property or a Dedicated Use Property.


More Definitions of Developable Property

Developable Property means, as to any parcel of Real Property, that portion of the land which is located outside of all of the following, to the extent delineated or reasonably susceptible of delineation from information in the possession of Crescent: (a) any lakes, streams, rivers or other bodies or courses of water; (b) any swamps or marshes; (c) the floodway or the 100-year flood plain as designated on recent flood zone maps produced by the Federal Emergency Management Agency; (d) any areas designated by the U.S. Environmental Protection Agency or other federal or state agency as areas where development is prohibited or restricted due to the presence of threatened or endangered wildlife; (e) currently designated mineral drill sites; (f) easement areas; (g) wetlands and/or waters that are regulated by federal and/or state agencies; and (h) any other areas upon which no development activities can occur for any reason.
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Developable Property means property upon which development is authorized because the property meets the requirements for development under the Linn County Land Devel- opment Code and its development standards and public health and safety regulations exempted by Measure 37.
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Developable Property means and refer to the entirety of the Property less and except only the Golf Course Property and the POA Titled Property. For purposes of this Declaration, the Developable Property shall consist of the Developed Property, Vacant Single Family Lots, and the Undeveloped Property, all as hereinafter defined.
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Related to Developable Property

  • movable property means property of every description except immovable property;

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Tangible Property means any furniture, fixtures, leasehold improvements, vehicles, office equipment, computer equipment, other equipment, machinery, tools, forms, supplies or other tangible personal property of any nature.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Stabilized Property means, any Property that is not a Development Property.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Unencumbered Property means any one of the Unencumbered Properties.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

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  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • Undeveloped Land means, (i) all Real Property set forth on Schedule 1.01D to the 2008 Credit Agreement, (ii) all undeveloped land acquired after the Closing Date and (iii) any operating property of the Borrower or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • New property means (i) the assessed value, after final

  • Assessable property means property that is liable to assessment under this By-law;

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Blighted property means property that meets any of the following criteria: