Property Subdivision definition

Property Subdivision means each well, well completion, multiple well completion, unit, lease or other subdivision of property described or referenced in the Property Schedule.
Sample 1Sample 2Sample 3
Property Subdivision means each well location, well or other subdivision of property described or referenced in Part II of the Property Schedule.
Sample 1Sample 2
Property Subdivision means each well location, well, well completion or other subdivision of property described or referenced in Part II of the Property Schedule. The Property Subdivision with respect to any well, well location, well completion, or multiple well completion referenced in the Property Schedule shall include the spacing unit for such well, well location or well completion.
Sample 1

Examples of Property Subdivision in a sentence

  • If a Preference Right affects only a portion of a Property Subdivision and a portion of the Purchase Price has not been allocated specifically to such portion of a Property Subdivision in Part II of the Property Schedule, then the portion of the Purchase Price to be allocated to such Preference Property shall be determined in the same manner as provided in Section 6.2(d)(7) when a Title Defect affects only a portion of a Property Subdivision.

  • If any adjustment is made to the Purchase Price pursuant to this Section 6.2, a corresponding adjustment shall be made to the portion of the Purchase Price allocated to the affected Property Subdivision in the Property Schedule.

  • Minor Subdivision – is a Private Road Development, Summary Plat Development, or a Family Property Subdivision.

  • If Seller within such time fails to cure any Title Defect of which Buyer has given timely written notice as required above and Buyer has not and does not waive same on or before the day immediately preceding the Closing Date, the Property Subdivision affected by such uncured and unwaived Title Defect shall be a “Title Defect Property”.

  • Prior to recording any final map, plat, parcel map, lot line adjustment or other subdivision map of any kind covering any portion of the Property ("Subdivision Map"), Borrower shall submit such Subdivision Map to Lender for Lender's review and approval, which approval shall not be unreasonably withheld or delayed.

  • Santa Clara Rd.Marion, TX 78124830-914-4443 mayor@ciSantaClaraTX.US SUBDIVISION PLAT / DEVELOPMENT PLAN APPLICATION (The applicant must fill in all applicable sections and provide all required documents or the application will be incomplete.) See City of Santa Clara’s Property Subdivision and Land Development Ordinance.

  • If any adjustment is made to the Purchase Price pursuant to this Section 6.2, a corresponding adjustment shall be made to the portion of the Purchase Price allocated to the affected Property Subdivision in Part II of the Property Schedule.

  • Any permanent teacher with the Board is eligible to participate in this plan.

  • In this context, furthermore, it is of no consequence whether the worker became unemployed voluntarily or involuntarily.

  • Resolution No. 21203 relating to real property; authorizing and approving the Purchase Agreement between the City of Tucson and Lawyer’s Title to acquire those parcels of real property described as Lots 6, 7 and 8 in the Fairview Property Subdivision, located near 15th Avenue and Fairview Avenue for recreational purposes; and declaring an emergency.


More Definitions of Property Subdivision

Property Subdivision means each well location, well, well completion, multiple well completion, unit, Lease or other subdivision of Properties in Exhibit “G” hereto. The Property Subdivision with respect to any well, well location, well completion, or multiple well completion of those Properties in Exhibit “G” hereto shall include the spacing unit for such well, well location, well completion or multiple well completion.
Sample 1
Property Subdivision means each Well, well location (including a non-producing, undeveloped, probable or possible well location), or unit described or referenced on Part II of the Property Schedule.
Sample 1
Property Subdivision means each well or other property subdivision described or referenced in Part II of the Property Schedule, provided, however, that with respect to each Property Subdivision described or referenced in Part II(B) of the Property Schedule, such Property Subdivision shall be limited to the Marmaton Formation. Appendix A, Page 7
Sample 1
Property Subdivision means each well, well location, or lease described or referenced in Part II of the Property Schedule, provided, however, that with respect to each well location described or reference in Part II(A) of the Property Schedule and each lease described or referenced in Part II(B) of the Property Schedule, such Property Subdivision shall be limited to such well location or lease insofar as it covers the Marcellus Zone.
Sample 1
Property Subdivision means each well, well completion, multiple well completion, unit or other subdivision of property described or referenced in the Property Schedule. For purposes of Buyer's title review, (i) the existing and projected wellx xxxerenced in the Property Schedule and the locations of such wellx xxx the respective wellx xxx locations which were included in the Reserve Report and (ii) if any uncertainty arises as to the identity or location of any existing or projected wellx xx the Reserve Report, reference shall be made to the data room materials prepared by Seller or the Company in connection with the Seller's sale of the Company for determination of the well and the exact location of any well.
Sample 1

Related to Property Subdivision

  • Minor subdivision means a subdivision that creates five or fewer lots from a tract of record.

  • Manufactured Home Park or Subdivision means a parcel (or contiguous parcels) of land divided into two or more manufactured home lots for rent or sale.

  • New manufactured home park or subdivision means a manufactured home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed on or after the effective date of this ordinance or the effective date of the initial floodplain management ordinance and includes any subsequent improvements to such structure.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Existing manufactured home park or subdivision means a manufactured home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including, at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed before the effective date of the floodplain management regulations adopted by a community.

  • Governmental subdivision means any city, county, or combination thereof.

  • Local Subdivision means any county, municipal corporation, township, sanitary district or regional water and sewer district of the State.

  • Political subdivision means a city, village, town or county.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Political Subdivisions means cities, counties, and educational institutions.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Property Income means cash rents (excluding non-cash straight-line rent) and other cash revenues received by the Borrower or a Guarantor in the ordinary course for any Property, but excluding security deposits and prepaid rent except to the extent applied in satisfaction of tenants’ obligations for rent.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Undeveloped Land means, (i) all Real Property set forth on Schedule 1.01D to the 2008 Credit Agreement, (ii) all undeveloped land acquired after the Closing Date and (iii) any operating property of the Borrower or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.