Proposed Grantee definition
Proposed Grantee has the meaning ascribed to such term in Section 13.01 hereof. “Proposed Transferee” has the meaning ascribed to such term in Section 11.03 hereof.
Examples of Proposed Grantee in a sentence
The Manager acknowledges that the Subsidiary has obtained a development plan (the “Development Plan”), reflecting the potential development of the Real Property with a residential development and has contacted the North American Land Trust (the “Proposed Grantee”) concerning the potential encumbrance of the Real Property through the execution and delivery to the Proposed Grantee of a conservation easement (the “Conservation Easement”) by the Subsidiary.