Land Assets definition

Land Assets means any real property which is not an Asset Under Development and on which no significant improvements have been constructed.

Land Assets means land with respect to which the commencement of grading, construction of improvements (other than improvements that are not material and are temporary in nature) or infrastructure has not yet commenced and for which no such work is reasonably scheduled to commence within the following 12 months.

Land Assets means Individual Properties constituting raw or undeveloped land as to which construction of contemplated improvements has not commenced or which does not generate rental revenues under a Ground Lease.

Examples of Land Assets in a sentence

• Other than the above purposes, the Offering Proceeds are planned to be used for the following:• Purchase of Land Assets The Company intends to obtain land assets through potential acquisitions of shareholding interests in land holding companies.

• Land Assets shall not include "outparcels" held in the ordinary course of business for sale or lease.

• Public Land Assets (PLA) refers to the group of assets that were allocated, under Legislative Decree 1/2005, of 26 July, approving the consolidated text of the Act on Urban Planning in Catalonia, and under the Barcelona Municipal Charter, for social-interest purposes established by law.

• The legal structure can also be associated in the case of the Restructuration of the Land Assets of PT KAI which become the Railway Infrastructures between PT KAI and the Directorate General of Railways of the Ministry of Transportation.

• Such a situation would result in the reduction of the fixed assets of PT KAI, and of course PT KAI will need to consider further to release the Land Assets of PT KAI which become the Railway Infrastructure that have been in its control since it will have larger effect and strategic impact on the capital structure of the Company.

More Definitions of Land Assets

Land Assets means Non-Income Producing Assets that consist primarily of undeveloped land assets.

Land Assets any land of the Borrower or its Subsidiaries, or in which the Borrower or any of its Subsidiaries has an interest (either directly or indirectly, through a Joint Venture or otherwise) with respect to which the commencement of grading, construction of improvements or infrastructure has not yet commenced, and all unimproved land according to GAAP.

Land Assets means real property owned by Holdings, CyrusOne GP, the Company or any of its Restricted Subsidiaries with respect to which the commencement of grading, construction of improvements (other than improvements that are not material and are temporary in nature) and construction of infrastructure has not yet commenced.

Land Assets means the value, as determined on a consolidated basis in accordance with GAAP, of all real estate assets owned by Borrower and/or any of its Subsidiaries which constitute raw land or are in the nature of Entitled Land, Land Under Development and/or Finished Lots on which no vertical improvements are located and no construction of any such vertical improvements has commenced.

Land Assets means Real Property Assets consisting of land owned directly or indirectly by Covered Subsidiaries and identified on the Collateral and Covered Assets List as a land asset.

Land Assets means assets of a nature as have been historically included by Borrower in the line items "Unamortized improvement and amenity costs", -16-

Land Assets means Real Property Assets consisting of land owned directly or indirectly by Covered Subsidiaries and identified on the Collateral and Covered Assets List as a land asset, whether on the Closing Date or pursuant to Sections 2.17 or 2.19.