LDS Property definition

LDS Property shall have the meaning set forth in Section 3.1(a) of this Agreement.
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Examples of LDS Property in a sentence

  • It is contemplated that the Company will sell the real property lots resulting from the subdivision of the LDS Property (the “Lots”) as provided in Article 5 as soon as reasonably practical after the later of the completion of the Preliminary Plat Stage or the acquisition of the LDS Property by the Company, unless WLH exercises its right to cause the Company to retain one or more Lots as provided in Section 5.7.

  • Circle G Property Development has also paid certain engineering and entitlement costs relating to the LDS Property.

  • Circle G Property Development has also agreed to assign to the Company any other rights it may have in the LDS Property.

  • The Company shall reimburse Circle G Property Development for the LDS Property Deposit, the LDS Extension Fees and any additional deposits required under the LDS Purchase Agreement, together with the engineering and entitlement costs pertaining to the LDS Property, out of the Capital Contributions to be made by WLH pursuant to Section 4.1(b)(i).

  • The Members agree that the Manager may engage WLH to construct the on-site improvements with respect to the LDS Property and/or to act as construction manager for the Project.

  • The Company shall perform or cause to be performed all entitlement work relating to the development of the LDS Property as a master planned community during the period ending with the approval of the preliminary plat by the Town of Queen Creek (the “Preliminary Plat Stage”).

  • If the LDS Church elects under the LDS Purchase Agreement to retain a portion of the LDS Property (the “Seller Retained Property”), LDS Church will be responsible for its prorata portion of the cost of the infrastructure improvements servicing the Seller Retained Property in accordance with a development agreement to be entered into between LDS Church and the Company (the “Development Agreement”) prior to the closing under the LDS Purchase Agreement.

  • The Manager shall allow Circle G to participate in all matters relating to the annexation, entitlement, zoning, platting, engineering and development of the LDS Property with the Town of Queen Creek, Maricopa County, any other governmental or quasi-governmental entity, or any third party.

  • Each Member irrevocably waives any right he may have to maintain any action for partition with respect to the LDS Property or any other assets of the Company.

  • The closing for any Lot purchased by a Member pursuant to Section 5.1 shall take place on the later of either (i) ten (10) days following the Company’s acquisition of the portion of the LDS Property that contains the Lot to be sold, or (ii) forty-five (45) days of the recording of the final plat for the portion of the LDS Property that contains the Lot to be sold.

Related to LDS Property

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • 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.

  • DOCPROPERTY DocID" \* MERGEFORMAT 22518942.2 238213-10001

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.