Property Units definition

Property Units means the units to be developed and constructed by the Licensee as part of the Project;
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Property Units means and refer to the number of Dwelling Units or Business Units which may be constructed on a certain defined Land Segment. Each Land Segment shall have such number of Property Units as may be assigned to it by Declarant, in writing, in accordance with the provisions of Article 5.3 of this Declaration.
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Property Units are defined in the Capital Maintenance Manual. A Property Unit Number consists of six digits. The first two digits represent the appropriate capital account (the first digit of capital accounts has been dropped for simplification). The next four identify a specific Property Unit within the capital account. Each Property Unit detail page contains the name of the unit, the Property Unit number, the capital account, a description of the Property Unit and its components, substantial items of property included in the Property Unit and the types of costs that should be charged to maintenance.
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Examples of Property Units in a sentence

  • According to past practice, when land was required for project development, concerned parties under the direction of local authorities (district and sub- district Land and Property Units and village) negotiated and reached agreement on compensation rates, total compensation amount, and the procedures or mechanism for compensation and transfer.

  • At and after the effective time of a Reorganization Event, the Conversion Rate shall be determined by reference to the value of an Exchange Property Unit, and the Corporation shall deliver, upon settlement of any conversion of Convertible Preferred Stock, a number of Exchange Property Units equal to the number of shares of Common Stock that the Corporation would otherwise be required to deliver.

  • A portfolio may consist of all Real Property Units or a subset such as all social apartments, all surplus real property units, or properties suitable for use as a retail store.

  • Declarant/s of the Real Property Units (RPU’s) or its authorized representative/s;2.

  • Following a Reorganization Event, references to the issuance of any specified number of shares of Common Stock upon the conversion of Series G Preferred Stock will be construed to be references to conversion into the same number of Exchange Property Units.

  • Mechanical Property Units Value Tensile Strength, minimum MPa 000 Xxxxx Xxxxxxxx, minimum MPa 235 Percentage Elongation, minimum % 18 Notes: 1.

  • Governmental recordings of the property units ’produces’ a public available account of rights in Real Property Units (RPUs) through the Land Registries, which are part of the law courts.

  • The construction phase now often precedes the cadastral subdivision process.Multi-storage buildings for dwelling are rendered by the number of Real Property Units.

  • On the Mandatory Conversion Date, the Conversion Rate shall be determined by reference to the Applicable Market Value of the Exchange Property Units.

  • However, in view of the restrictions under the Notice on the transfer and sale of the Occupied Property Units, the Company has decided not to enter into formal sale and purchase agreement with them as it is well understood that, unless the government restrictions are lifted, it is not feasible to complete the sale and purchase transactions in respect of the Occupied Property Units.


More Definitions of Property Units

Property Units mean‟s the units to be developed and constructed by the Licensee as part of the Project;
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Related to Property Units

  • Company Units has the meaning set forth in the Recitals.

  • 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.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • 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;

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon which responsibilities are imposed and to which authority is granted in the declaration.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Common Units is defined in the Partnership Agreement.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Company Interests has the meaning set forth in the Recitals.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Class A Common Units means the Company's Class A Common Units.