First-owners definition

First-owners means: • The owner-of-record of the real property at the time products treated with micronized copper azole preservatives by Great Southern Wood were installed; or • If products treated with micronized copper azole preservatives by Great Southern Wood were installed by a builder-contractor-owner in connection with new construction on real property owned by such builder-contractor-owner, the first owner-of-record that acquires such real property from the builder-contractor-owner.
First-owners means: • The owner-of-record of the real property on which Culpeper treated wood columns were installed at the time the Culpeper treated wood columns were installed; or, • If Culpeper treated wood columns were installed by a builder-contractor-owner in connection with new construction on real property owned by such builder- contractor-owner, the first owner-of-record that acquires such real property from the builder-contractor-owner.