Outparcel definition

Outparcel shall have the meaning set forth in Section 7.5(a) hereof.
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Outparcel means any parcel identified as an outlot or outparcel on any Site Plan.
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Outparcel means land within the boundaries of a parcel which is not owned or under the control of the parent tract owner or is intended to be excluded from the project by the parent tract owner.
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Examples of Outparcel in a sentence

  • Each Member shall be entitled to designate its member to be included in the Outparcel Venture but such designation shall only be allowed as to the Member itself or an Affiliate of such Member.

  • The Outparcel Venture Agreement shall contain distribution provisions that will coordinate with the distribution provisions of this Agreement as to return of capital and other matters.

  • Such release shall be in a form appropriate in each jurisdiction in which the Outparcel is located and shall contain standard provisions, if any, protecting the rights of Lender.

  • IRT Capital Corporation II IRT Management Company KirkBiss GP, LLC Leesburg DrugStore, LLC Mariner Outparcel, Inc.

  • The rights, duties, obligations, privileges, remedies, transfer restrictions, buy-sell provisions and other provisions of this Agreement shall be part of a definitive limited liability company agreement for the Outparcel Venture (the "Outparcel Venture Agreement").


More Definitions of Outparcel

Outparcel means each parcel of Land legally described in Schedule VII attached hereto.
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Outparcel means each of the Lots which Starmount may convey or lease as shown on the Site Plan for Tract 1.
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Outparcel means a parcel of land abutting and external to the larger, main parcel, which is under separate ownership and has roadway frontage;
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Outparcel means any portion of the Tyler’s Ridge Commercial District designated as an Outparcel by Declarant.
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Outparcel means each parcel of Land described or depicted on Schedule 1.1(c) hereto.
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Outparcel means that certain parcel located at the Individual Property commonly known as Uptown Solon and described in Schedule 2.15 attached hereto.
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Outparcel or “Outparcels” shall mean, individually or collectively, as the case may be, ▇▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇ 2, and Outparcel 3.
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