Institutional Property definition

Institutional Property means property currently or formerly owned or controlled by the state that is or was used for a public or charitable purpose. However, "institutional property" does not mean property that is or was used for educational purposes.

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Institutional Property means any property owned, leased, or otherwise controlled or operated by UMD, including buildings, other structures and grounds, and vehicles owned or leased by the institution.

Institutional Property means those Tax Parcels with Fire Class Codes classified in the "Institutional" property use category in Appendix A.

Examples of Institutional Property in a sentence

• The parties hereby specifically incorporate into this Agreement by reference the College's Institutional Property Policy, the College's Computer Network Use Policy, and the College’s Intellectual Property Policy as these policies may be amended from time to time.

• If, however, any of the Institutional Property is developed to include any Residential Dwelling Units or commercial uses as allowed by this MDA, then such non-higher education related uses shall be required to contribute at least the minimum amount of Open Space as set forth above.

• The parties hereby specifically incorporate into this Agreement by reference the College’s Institutional Property Policy and the College’s Computer Network Use Policy, as these policies may be amended from time to time.

• Lessor and Lessee represent and warrant that they have not dealt with any real estate agent or broker in connection with this transaction other than Institutional Property Advisors/ Marcus & Millichap and Ben Tashakorian.

• Accordingly, the final total acreage of property within the Planned Community that is developed as Institutional Property shall be reduced from the overall total acreage of the Planned Community (933) when calculating the minimum Open Space requirements established herein in the same manner as the School District Property and Capital Roads in Section 6.4 and 6.5, respectively.

More Definitions of Institutional Property

Institutional Property means any property that is used for a non-commercial purpose by an organized body or society. This definition may include Municipal property, Schools, Hospitals, etc

Institutional Property means property used only for the erection and maintenance of church, school, hospital, or public buildings.

Institutional Property means all Assessor’s Parcels of Developed Property for which a building permit(s) permitting the construction of one or more non-residential facilities has been issued by the City which are, or are expected by the City to be, primarily used for education, including libraries and museums, or for any other uses that are consistent with institutional land use designations, as determined by the City.

Institutional Property means, for property in Zone 1, all Assessor’s Parcels of Non- Residential Property, excluding Religious Property, for which a building permit has been issued by the County permitting the construction of non-residential facilities which are, or are expected by the County to be, primarily used for child care or private schools.

Institutional Property means property developed as governmental, educational, health, cultural and recreational centers, places of worship, and cemeteries. They may include government owned and operated facilities or be privately owned and operated.

Institutional Property means a dwelling unit owned by any state, county or municipal housing authority, or the federal government or an agency thereof, which is exempt from the payment of ad valorem taxes.

Institutional Property means those Tax Parcels with a Code Description designated as "Institutional" in the Improvement Codes as specified in Appendix C attached hereto.