LCP Property definition

LCP Property means that certain parcel of real property described on Exhibit “A” attached hereto.
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Examples of LCP Property in a sentence

  • Each and every agreement, covenant, promise, undertaking, condition, easement, right, privilege, option and restriction made, granted or assumed by any party to this Easement is made by such party not only for the benefit of the other parties hereto but also as owner of the LCP Property and/or the BCSD Property, as applicable, and shall be an equitable servitude on the property owned by such party appurtenant to and for the benefit of the property owned by the other parties.

  • LCP reserves all right, title, and interest in and to the LCP Property incident to the fee simple estate thereof and for any and all purposes not inconsistent with BCSD’s use of the BCSD Access Easement.

Related to LCP Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • New property means (i) the assessed value, after final

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c) or 4.02.