East Area 1 Property definition

East Area 1 Property means the following, to the extent owned by LIMCO, (a) the East Area 1 Land, (b) all easements, interests in roadways, strips and other rights appurtenant to any of the East Area 1 Land, including all minerals, oil and gas and other hydrocarbon substances thereon or therein, air rights and sewer rights on, under or above the same or any part or parcel thereof (collectively, the “ East Area 1 Appurtenances”), (c) all improvements, structures and fixtures now or on the Closing Date located upon any of the East Area 1 Land (collectively, the “ East Area 1 Improvements” and collectively with the East Area 1 Land and the East Area 1 Appurtenances, the “ East Area 1 Real Property”), and (d) except as otherwise specifically provided in this Agreement, to the extent assignable and related to the Project Real Property (as defined below), the Project Entitlements, Government Agreements, the Pre-Closing Agreements, reports, pre-paid fees, fee credits, studies, deposits, rights of reimbursement and similar receivables, the names of any projects or communities comprising a portion of the East Area 1 Real Property, advertising material, telephone exchange numbers and any other intangible property directly relating to any of such East Area 1 Real Property (collectively, the “ East Area 1 Intangible Property”). Notwithstanding the foregoing, the term “East Area 1 Property” shall not be deemed to include and LIMCO shall not be required to convey to the Company any of, the Excluded Property, nor shall LIMCO be required to convey to the Company any of the East Area 1 Intangible Property with respect to which the transactions contemplated by this Agreement require the discretionary approval of an unrelated third party, until such approval has been obtained, and LIMCO shall use commercially reasonable efforts to obtain such approvals. 3
Sample 1
East Area 1 Property means the following, to the extent owned by LIMCO, (a) the East Area 1 Land, (b) all easements, interests in roadways, strips and other rights appurtenant to any of the East Area 1 Land, including all minerals, oil and gas and other hydrocarbon substances thereon or therein, air rights and sewer rights on, under or above the same or any part or parcel thereof (collectively, the “East Area 1 Appurtenances”), (c) all improvements, structures and fixtures now or on the Closing Date located upon any of the East Area 1 Land (collectively, the “East Area 1 Improvements” and collectively with the East Area 1 Land and the East Area 1 Appurtenances, the “East Area 1 Real Property”), and (d) except as otherwise specifically provided in this Agreement, to the extent assignable and related to the Project Real Property (as defined below), the Project Entitlements, Government Agreements, the Pre-Closing Agreements, reports, pre-paid fees, fee credits, studies, deposits, rights of reimbursement and similar receivables, the names of any projects or communities comprising a portion of the East Area 1 Real Property, advertising material, telephone exchange numbers and any other intangible property directly relating to any of such East Area 1 Real Property (collectively, the “East Area 1 Intangible Property”). Notwithstanding the foregoing, the term “East Area 1 Property” shall not be deemed to include and LIMCO shall not be required to convey to the Company any of, the Excluded Property, nor shall LIMCO be required to convey to the Company any of the East Area 1 Intangible Property with respect to which the transactions contemplated by this Agreement require the discretionary approval of an unrelated third party, until such approval has been obtained, and LIMCO shall use commercially reasonable efforts to obtain such approvals.
Sample 1

Related to East Area 1 Property

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Area B means the area marked “Area B” outlined in orange on the Plan;

  • Area A means the area marked “Area A” outlined in red on the Plan (excluding that part shaded grey on the Plan);

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • 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.

  • Assessment area means an area, or, if more than one area is designated, the

  • 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.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • 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.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • 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.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Underground area means an underground room, such as a basement, cellar, shaft or vault, providing enough space for physical inspection of the exterior of the tank situated on or above the surface of the floor.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

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  • Permit area means the area constituted by the blocks that are the subject of a permit;

  • Class I area means a mandatory visibility protection area designated pursuant to section 169A of the federal Clean Air Act.

  • 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;

  • Planning area means a planning area or a development area or a local planning area or a regional development plan area, by whatever name called, or any other area specified as such by the appropriate Government or any competent authority and includes any area designated by the appropriate Government or the competent authority to be a planning area for future planned development, under the law relating to Town and Country Planning for the time being in force and as revised from time to time;