Peripheral Property definition

Peripheral Property means the real property adjacent or related to a Development Opportunity or a Regional Center, owned by the Partnership or an Owning Entity and improved or unimproved and held as distinct from or in some manner differentiated from, but intended as integrated with, the Regional Center (or anticipated Regional Center).
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Peripheral Property means the real property adjacent or related to a Development Opportunity or a Regional Center, owned by Owner or an Owning Entity and improved or unimproved and held as distinct from or in some manner differentiated from, but intended as integrated with, the Regional Center or (anticipated) Development Opportunity (which real property includes the approximately two hundred and fifty (250) acre Kingspointe property located in Sterling Heights, Michigan).
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Examples of Peripheral Property in a sentence

  • On the Closing Date, Ivanhoe II shall provide the ▇▇▇▇▇ Transferors with the GST Undertaking and Indemnity confirming that the purchaser is purchasing the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Subject Assets and the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Peripheral Property Subject Assets on its own account and not in trust for any other Person and that the purchaser is registered pursuant to the Excise Act for the purposes of paying GST in Canada and that such registration has not been varied, cancelled or revoked, together with its registration number.

  • For greater certainty, it is confirmed that (i) the provisions of this Section 9 shall not be applicable in respect of any transfer by the Ivanhoe Transferee or any of its Affiliates of any of its direct or indirect interests in either the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Property or the St. Enoch Property that is completed at any time following the first anniversary of the Closing, and (ii) any transfer of the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Peripheral Property, or any part thereof, is not a Subsequent Transfer.

  • Purchaser acknowledges receipt of a copy of that certain document prepared by Seller and known as “Standards and Criteria for Peripheral Property Development,” dated December 13, 2010 (the “Standards”) and kept on file at the offices of Seller.

  • Manager is authorized to employ the services of outside real estate brokers for the Peripheral Property, to the extent Manager deems necessary.

  • The online asset management system must include reporting functionality.