Examples of Undeveloped Properties in a sentence
The Parties acknowledge and agree that other than the Management Fees and those amounts due and payable to Manager under Sections 5.1(a) and (b), Manager shall receive no other fees or payments for the asset management and oversight of the Undeveloped Properties.
The Managing Member shall proceed to develop the Properties Under Development, the Undeveloped Properties and the New Projects in conformance with the approved Business Plan.
Subject to the terms and conditions set forth herein, Seller shall sell, transfer, convey, assign, and deliver all of its interest in the Producing Properties and an undivided 50% of its interest in the Undeveloped Properties to Purchaser by delivery of the Assignment.
Few people in the basin (citizens, water managers, politicians) experienced the devastating drought of the 1950s, so the recent 2008-2015 drought was potentially a formative experience for the current generation of residents and demonstrated the value of conservation efforts for improving water security.
Independent Market Analysis $ 225.00 per IMA Broker Opinion of Value or a Broker Price Option - Undeveloped Properties* $ 500.00 per BOV/BPO Broker Opinion of Value or a Broker Price Option - Developed Properties $ 250.000 per BOV/BPO *Undeveloped properties is defined as property that contains no structures.