Residential Component definition

Residential Component has the meaning given to such term in the Project Agreement;

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Residential Component means a three-dimensional envelope consisting of that portion of the Total Lands described as Parts ● on the plan attached as Schedule B, together with the improvements constructed on such lands from time to time, including associated parking;

Residential Component means parts of the buildings in the Scheme comprising residential units as indicated on the architectural and finally on the Sectional Title Plan;

Examples of Residential Component in a sentence

• Further, the Association shall be bound to form a common maintenance body with all similar associations of all building/s in the Other Residential Component for supervision of maintenance of the facilities common for occupants of the Said Complex (“Apex Body”).

• Further, the Association shall be bound to form a common maintenance body with all similar associations of all building/s in the Other Residential Component for supervision of maintenance of the facilities common for occupants of the Said Complex.

• Further, the Association shall be bound to form a common maintenance body with all similar associations of all Flat/Unit/building/s in the Other Residential Component, for supervision of maintenance of the facilities common for occupants of the Said Complex ("Apex Body").

• The Allottee is also aware that the Promoter shall designate certain common area, facilities and amenities as the Other Residential Exclusive Amenities which shall be exclusively made available to and usable by such person(s) as the Promoter may in its sole discretion deem fit including the allottees/occupants of the Other Residential Component and shall not be available to the Allottee or any other allottees/occupants of apartments/flats in the Real Estate Project.

• However, any Non-Residential Component surplus revenue derived from the rental or use of the Non-Residential Component shall be used to reduce the operating costs of the Residential Component and shall be included in the accounting of revenues relating to the Residential Component and the Project as a whole.

More Definitions of Residential Component

Residential Component means the components of residential accommodation related to residential facilities, shared or otherwise, and amenity space which may be shared with other occupants of the housing Project, together with associated operating costs of land, structure and mechanical plant and equipment.

Residential Component means the portion of gross floor area of a development constructed on C1 or C2 zoning determined in the Parks Canada regulation not to be useable for a commercial purpose;

Residential Component has the same meaning given to such term in the Project Agreement; “Retail Lease” has the same meaning given to such term in the Project Agreement;

Residential Component shall have the meaning set forth in Recital C above.

Residential Component means that parcel of land to be subdivided from the Development Lands which will contain the residential units that form part of the Development;

Residential Component means the Residential Units and the Residential Limited Common Elements.

Residential Component has the meaning given to such term in Section 2.8(a);