Developer Parcels definition

Developer Parcels is defined in Recital “C” hereof.
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Developer Parcels shall have the meaning set forth in the Recitals.
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Developer Parcels means those parcels within the Site to which the Developer holds fee title as of the Date of Agreement or for which the Developer has entered into a binding purchase agreement as of the Date of Agreement (including those parcels to be conveyed to the Developer from Jar No Ho pursuant to the JV Agreement), and those portions of the Site, if any, to which the Developer obtains fee title from, or enters into a binding purchase agreement with, persons or entities other than the Agency prior to termination of this Agreement. Notwithstanding the foregoing, if any parcels subject to a binding purchase agreement (including those parcels to be conveyed to the Developer from Jar No Ho pursuant to the JV Agreement) are not conveyed to Developer in accordance therewith, other than due to a default on the part of Developer, such parcels shall be deemed Acquisition Parcels for purposes of this Agreement. The Developer Parcels as of the Date of Agreement are identified on Attachment 6 (“Parcel Ownership”) incorporated herein by this reference.
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Examples of Developer Parcels in a sentence

  • Developer may request that the Title Policy be issued to also insure the Developer Parcels in the same Title Policy, but City’s premium cost responsibility shall be strictly limited to the premium and endorsement costs attributable to the City Property.

  • The Developer shall notify the IURA in writing that the condition of the Developer Parcels is that of clear, buildable lots, and the IURA shall inspect the site to verify such condition.

  • Upon the request of the Purchasers, the Company shall deliver to the Purchasers a written certification of a duly authorized officer as to whether it has complied with such requirement.

  • The purchase price for the Private Developer Parcels shall be $12 per square foot of land area in the applicable Private Development Parcel(s) for take-downs exercised by Developer on or before December 31, 2025, with an annual positive or negative value adjustment (not to exceed 2.5% per annum) thereafter to be negotiated by City and Developer in connection with the Development Agreement.

  • As a result of the foreclosure, Bank Midwest became the owner of the Developer Tract, Outparcels, and Additional Developer Tract Restricted Area (collectively, the Developer Parcels).

  • The Developer Parcels shall convey to IURA free of any mortgages, liens, unpaid taxes, or other encumbrances.

  • Developer warrants and represents that Developer and its affiliates shall maintain marketable title to Developer Parcels until the date on which the Developer Parcels are conveyed to the IURA pursuant to the terms of the Option Agreement as modified by the Addendum.

  • Developer shall have acquired the Developer Parcels, or Developer and the owner of the Development Parcels shall have deposited into an escrow (“Developer Parcel Escrow”) all documents and funds necessary to close such Developer Parcel Escrow and instructed such Developer Parcel Escrow to close and convey the Developer Parcels to Developer concurrently with Developer’s Closing on the City Property.

  • Defendants do not contest that the Detention Area and Developer Parcels were originally owned by Soleco but title has since severed.

  • Developer shall have acquired the Developer Parcels, or Developer and the owner of the Development Parcels shall have deposited into the Developer Parcel Escrow all documents and funds necessary to close such Developer Parcel Escrow and instructed such Developer Parcel Escrow to close and convey the Developer Parcels to Developer concurrently with Developer’s Closing on the City Property.


More Definitions of Developer Parcels

Developer Parcels means any one of the Affordable Development Parcel or the Market Rate Development Parcel. The term Developer Parcel means any one of the Developer Parcels. For the avoidance of doubt, the Commercial Parcel, Civic Parcel and Plaza Parcel are all excluded from the definition of "Developer Parcels".
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Related to Developer Parcels

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Developer means the legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.

  • Host Site means the site at which the Site Host Load is consumed, including real property, facilities and equipment owned or operated by the Site Host or its Related Entities located at such site.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Project Site(s) means the place(s) specified in the SCC for the supply and installation of the System.

  • Public works project means the erection, construction, alteration, repair, or improvement of any public structure, building, road, or other public improvement of any kind.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • The Works/Project means the works to be executed or done under this contract.

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • the Land means the land on which the development would be carried out or, in relation to development already carried out, has been carried out;

  • Lots means all or any machinery and other items sold or intended to be sold in accordance with these conditions; “Purchaser” means a person, firm or Company who purchase any Lot;

  • Mixed-use project means a project comprising both a qualified

  • The Works/ Project means the works to be executed or done under this contract.

  • 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.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.