Net Area definition

Net Area means the gross area of land less the area of lands conveyed or to be conveyed into public ownership for the purpose of open space, parks, woodlots, storm water management facilities, buffers and road widenings along Regional Roads, and Ontario Hydro utility corridors, and less the area of any wood lots in private ownership if zoned as such, but shall include the area of all road allowances dedicated to the City;

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Net Area means sum of the carpet area of the Unit and EBVT area. “Garage” shall have the meaning ascribed to it in Recital H;

Net Area means sum of the carpet area of the Unit and EBVT area.

Examples of Net Area in a sentence

• Notwithstanding anything contained in Clause 1.7, the Promoter shall confirm the Net Area in place and stead of carpet area as provided in Clause 1.7. It has also been agreed by the parties that if there is reduction in the Net Area by more than 3% then only the Promoter shall refund the excess money paid by the Allottee.

• The gross Area of the Leased Premises is the Final Net Area of the Leased Premises in addition to 15% load for the Public Areas in the Building.

• The net area of these spaces should be measured and they should be listed in the Net Area Schedule (with areas entered in the 'net area' column).

• The Purchaser gives his consent for such changes provided such changes shall not result in change in location of the Unit (with respect to its direction on a given floor), lowering of the Unit (with respect to its height above ground) or reduction in the Net Area more than 3 per cent of the Net Area.

• The costs related to the upkeep and maintenance of the Building / Project / Larger Property shall be to the account of and jointly borne by the relevant unit purchasers proportionate to the Net Area of each unit and are payable as the BCAM Charges and FCAM Charges (collectively, the CAM Charges) as set out at Annexure 6 (Unit and Project Details).

More Definitions of Net Area

Net Area means the gross area of land less the area of lands conveyed or to be conveyed into public ownership for the purpose of open space, parks, woodlots, storm water management facilities, buffers and road widenings along Regional Roads, and

Net Area means the aggregate of the Carpet Area and the EBVT area.

Net Area means the total land area of a parcel or parcels exclusive of area within any existing or proposed public or private street, road, or easement for ingress and egress and exclusive of the area within any existing or proposed easement wherein the owner of the parcel is prohibited from using the surface of the ground. Included in the "net area" is the area laying within public utility easements, sanitary sewer easements, landscaping easements, and public service and tree maintenance easements.

Net Area means sum of the carpet area of the Unit and EBVT area. “Car parking Space” shall have the meaning ascribed to it in Recital NN;

Net Area means sum of the Carpet Area of the Unit and EBVT area. NEW BUILDING/s shall mean the New Building and/or buildings to be constructed by the Vendor/ Developer at the said Property in accordance with the said Plan and to comprise of various self-contained Units apartments constructed spaces and car parking spaces capable of being held and/or enjoyed independently of each other on ownership basis. PROPORTIONATE OR PROPORTIONATELY shall mean the built up area of any Unit to bear to the built up area of all the Flats/Units in the said building provided that where it refers to the share of the Allottee or any

Net Area means the gross area of any parcel or lot of land, less panhandles and all public and private easements for vehicular access within the parcel or lot, excluding easements primarily for emergency access. Notwithstanding the foregoing, for purposes of determining Lot Unit Factor (LUF) on projects other than subdivisions, “net area” shall only exclude the paved portions of panhandles and the paved portions of all public and private easements for vehicular access.

Net Area means sum of the Carpet Area of the Unit and EBVT area. NEW BUILDING/s shall mean the New Building and/or buildings to be constructed by the Vendor/ Developer at the said Property in accordance with the said Plan and to comprise of various self-contained Units apartments constructed spaces and car parking spaces capable of being held and/or enjoyed independently of each other on ownership basis. PROPORTIONATE OR PROPORTIONATELY shall mean the built up area of any Unit to bear to the built up area of all the Flats/Units in the said building provided that where it refers to the share of the Allottee or any co-owner in the rates and/or taxes amongst the common expenses then such share of the whole shall be determined on the basis on which such rates and/or taxes are being respectively levied (i.e. in case the basis of any levy be on area rental income consideration or user then the same shall be determined on the basis of the area rental income consideration or user of the said Unit).