Retained Property Development Agreement definition

Retained Property Development Agreement means an agreement between the Company and LIMCO for the reconveyance of the Retained Property and the construction of certain improvements to the Retained Property, in the form of Exhibit C-2.
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Examples of Retained Property Development Agreement in a sentence

  • Toyota FanZone will have a COVID-19 safe policy and risk management plan.

  • The parties acknowledge and agree that LIMCO shall be and remain responsible for all real estate taxes, personal property taxes and assessments that may be levied or assessed against the Retained Property, maintenance and repair of the Retained Property (except as otherwise provided in the Company LLC Agreement or the Retained Property Development Agreement), charges for utilities in respect to the Retained Property and property insurance covering the Retained Property.

  • The land was transferred back to Limoneira in August 2018 for no consideration upon recording of a revised tract map that subdivided the Retained Property as a legal parcel.Limoneira has agreed to reimburse the Company for certain allocated infrastructure costs incurred by the Company which benefit the Retained Property and certain adjacent real property owned by Limoneira commonly referred to as East Area 2, as defined in the Retained Property Development Agreement between the Company and Limoneira.

  • LIMCO shall retain the exclusive rights to use and occupy the Retained Property, and the Company shall have no rights to any income generated by the Retained Property or to develop, improve (except as otherwise contemplated by the Company LLC Agreement or Retained Property Development Agreement), sell, assign, lease or transfer (other than to LIMCO or its designee as required herein), encumber or pledge all or any portion of the Retained Property at any time.

  • The Parties acknowledge and agree that (i) Seller is responsible for $3,164,280 in shared infrastructure costs in accordance with the terms of that certain Retained Property Development Agreement dated November 10, 2015 by and between Seller and Buyer, as amended (“Seller Fair Share Costs”), and (ii) Seller is entitled to $3,550,000 in proceeds from the CFD No. 1 bond sale (“Seller CFD Proceeds”).

  • Notwithstanding anything to the contrary set forth in this Section 7.3.2., the indemnity provision in Section 3.3 of this Agreement and the indemnity provisions in the Retained Property Development Agreement, the Lease Agreement, the Company LLC Agreement and in any other documents delivered to Lewis in connection with the Closing, shall not be subject to the Maximum Liability Amount.

Related to Retained Property Development Agreement

  • Redevelopment Agreement means an agreement between the

  • Development Agreement has the meaning set forth in the Recitals.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Home improvement contract means an oral or written

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Development Consent means the consent granted to the Development Application for the Development and includes all modifications made under section 4.55 of the Act.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.