Land Work definition

Land Work means the actual performance or supervision of any one or more of the following functions: negotiating the acquisition or divestiture of mineral rights, negotiating business agreements that provide for the exploration for and/or development of minerals, determining ownership in minerals through the research of public and private records, reviewing the status of title, curing title defects and otherwise reducing title risk associated with ownership in minerals, and managing the rights and/or obligations derived from the ownership of interests in minerals.
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Examples of Land Work in a sentence

  • The land owned by either of the entities comprising the Borrower or by a Borrower Subsidiary as of even date herewith or during the term of this Agreement with improvements situated thereon (including, without limitation, all Developable Land, Developed Lots, Land Work in Process and Units).

  • Upon the occurrence of the Conversion Date, the Borrower shall not be entitled to make any acquisitions of Real Estate (except pursuant to existing options or contracts within Projects within which Borrower then owns Developed Lots, Land Work in Process or Units) or obtain any additional Letter of Credit.

  • TAP is excited to work with the Affordable Housing Parntership, the Center for Community Progress and Albany’s Vacant Land Work Group to establish a Tool Kit for the redevelopment of vacant lots in the City of Albany.