Parking Parcel definition

Parking Parcel means that portion of the Land described on Exhibit A-4.

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Parking Parcel means the portion of the Property consisting of Unit 1 of Parcel 5 on the Parcel Map, as such Unit is depicted on the Condominium Plan attached hereto as Exhibit A-2.

Parking Parcel means the unimproved land substantially depicted on Exhibit A-2 attached hereto, having a total minimum capacity of 214 parking spaces, which Parking Parcel is required to be subdivided by Seller into a separate legal parcel prior to Closing, and which Parking 20289493.10 4 Parcel shall be partially developed with the Parking Improvements for no less than 107 parking spaces after the Closing in accordance with the terms and conditions of this Agreement, together with all of Parking Seller’s right, title and interest in and to the streets, alleys and right-of-ways which abut such real property, and any easement rights, air rights, subsurface rights, development rights, water rights or other appurtenances to such land.

Examples of Parking Parcel in a sentence

• The Deed shall contain a use restriction with respect to Future Parking Parcel One and Future Parking Parcel Two providing that Future Parking Parcel One and Future Parking Parcel Two may only be used for surface parking purposes in perpetuity (the “Deed Restrictions”).

• However, at a minimum, the City shall be permitted to use the Parking Parcel until September 30, 2024.

• VCTC, as owner of the Building Parcel, also has certain burdens arising from its use of the Parking Parcel including a share of the cost of the maintenance of the Parking Parcel as more particularly set forth in the Agreement.

• The easements and all of the provisions, agreements, covenants, conditions, restrictions and obligations contained in this Agreement are binding upon City and VCTC as the owners of the Parking Parcel and Building Parcel, respectively, and their respective heirs, executors, administrators, successors, assigns, devisees, representatives, and all other persons acquiring any portion of either property, or any interest therein whether by operation of law or any manner whatsoever.

• Specifically, beginning on the Closing Date, Beneficiaries shall have the non-exclusive right to use the parking spaces within the Surface Parking Parcel, subject to the Surface Parking Rules and Regulations attached hereto and incorporated herein as Exhibit B (“Rules).

More Definitions of Parking Parcel

Parking Parcel means a portion of the Property more particularly described in Exhibit C.

Parking Parcel means the parcels, as more particularly described in Exhibit A to the Third Amendment.

Parking Parcel means the portion of the Owned Land designated as the "Parking Parcel" on Schedule 1.

Parking Parcel means Tract A and Tract B, Registered Land Survey No. 1816, Hennepin County, Minnesota for the purposes of this Agreement.”

Parking Parcel means Tracts A and B of Registered Land Survey No. 1797, Hennepin County, Minnesota.

Parking Parcel means the unimproved land substantially depicted on Exhibit A-2 attached hereto, having a total minimum capacity of 214 parking spaces, which Parking Parcel is required to be subdivided by Seller into a separate legal parcel prior to Closing, and which Parking

Parking Parcel shall have the meaning ascribed to such term in the Recitations.