Land Parcels definition

Land Parcels means parcels of land located in the United States wholly-owned by Borrower or any Borrowing Base Subsidiary that are unencumbered by any Lien or Liens (other than Permitted Encumbrances).

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Land Parcels means parcels of land wholly-owned by a Loan Party which are, as of the date of determination, not scheduled for commencement of development into Developed Lots during the six (6) calendar months immediately following such date of determination and which Borrower has designated as “Land Parcels” in the most recently delivered Inventory Summary Report. An individual Land Parcel is sometimes referred to as a “Land Parcel.”

Land Parcels means the certain parcels of land on which the warehouse facilities to be leased to Lessee under the Lease will be located, as more fully described in Schedule A to each of the Agency Agreement and the Lease, as amended and supplemented from time to time.

Examples of Land Parcels in a sentence

All real and personal property, improvements and fixtures owned by the Borrower or the Restricted Subsidiaries, including but not limited to all Land Parcels, Lots Under Development, Development Lots and Dwelling Lots.
Parcels of land owned by the Borrower or any of its Restricted Subsidiaries which are, as of the date of determination, not scheduled for commencement of development into Developed Lots during the twelve (12) calendar months immediately following such date of determination and which the Borrower has designated as "Land Parcels".
Land Parcels which are, as of the date of determination, being developed into Developed Lots or which are scheduled for the commencement of development into Developed Lots within twelve (12) calendar months after the date of determination, and which the Borrower has designated and the Administrative Agent has accepted to be included and are included as "Lots Under Development" in the calculation of the Loan Funding Availability.
D = the total number of all those Dwellings that are located within all those Land Parcels within which all Dwellings have been fully constructed and Occupied at the time the relevant Positive Obligation to Pay falls due under the terms of this Deed.
All net proceeds from sales by the Partnership of Land Parcels (after making any amortization payments required pursuant to the terms of the Construction Loan) which sales occur prior to the closing of the Permanent Loan.

More Definitions of Land Parcels

Land Parcels means each tract of land described in Schedule 2.1(a).

Land Parcels means including lands owned by State Government and its Institutions / Organizations / Universities / Autonomous bodies etc.

Land Parcels means, collectively, the Pacific Parcel, the ▇▇▇▇ Parcel, the ▇▇▇▇▇ Parcel and the Ocean Parcel.

Land Parcels. Land Parcel A and Land Parcel B “Land Reserve Centre” Guangzhou City Zengcheng District Land Development

Land Parcels. The parcel or parcels of Land to be contributed in fee by OAI to the Partnership. The Partners contemplate that the Land Parcels will be sold by the Partnership to third parties for development.

Land Parcels means the parcels of land described by address, Buyer Number and Unit Number in EXHIBIT A Attached hereto and legally described in EXHIBIT A-1 attached hereto, and the improvements thereto, excluding all buildings, foundations and structures, or any fixtures within or upon those buildings, foundations and structures, and excluding Personalty and inventory, but including, without implied limitation, pavement and sidewalks, landscaping improvements, retaining walls and underground utility supply lines (to the extent owned by Seller).