Fractional lot definition

Fractional lot means a portion of a section in a town- ship formed by the excess or deficiency of land in said township, as shown by the U.S. government survey plat.
Fractional lot means interests in Copper that represent a fractional portion of a Whole Lot that has been notionally divided into two fractional portions by the Warehouse Administrator through a book-entry procedure with each portion held at the relevant Warehouse Location, respectively, by an Authorized Participant in a Reserve Account and by the Trust in a Trust Account.

Examples of Fractional lot in a sentence

  • Section 58 of the principal Ordinance is amended by omitting subsection (3).

Related to Fractional lot

  • Multiple-family dwelling means a property containing 5 or more residential units, including those which are occupied seasonally.

  • Replacement unit means a landfill, surface impoundment, or waste pile unit from which all or substantially all of the waste is removed, and which is subsequently reused to treat, store, or dispose of hazardous waste. Replacement unit does not include a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with a closure or corrective action plan approved by USEPA or the Agency.

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.