ZELDA definition

ZELDA means that certain Zoning Lot Development and Easement Agreement made between 1 Madison Office Fee LLC and 1 Madison Residential Fee LLC dated as of June 20, 2007 and recorded on July 25, 2007 in the official land records of New York City, New York as CRFN 2007000381680, as the same has been amended from time to time.
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Examples of ZELDA in a sentence

  • To Seller’s Knowledge, no Encumbrance on Seller’s title to the Real Property or Improvements or on any adjacent parcel of real property (or improvements thereon) is required to be granted or permitted in connection with the development or construction of the Hotel other than the ZELDA Amendment and the electrical easements set forth in the ZELDA and the ZELDA Amendment.

  • Purchaser (i) acknowledges that Seller intends to execute and record in the official land records of New York City, New York an amendment to the ZELDA in the form attached hereto as Exhibit E with such modifications as may be required by the lender of 1 Madison Office Fee LLC and reasonably acceptable to Seller and Purchaser (as so modified, the “ZELDA Amendment”) and (ii) agrees that the ZELDA Amendment shall be a Permitted Encumbrance.

  • Any amendments, modifications or supplements (including any consents or waivers thereunder) to the ZELDA Amendment shall be subject to Purchaser’s prior written consent, which shall not be unreasonably withheld, delayed or conditioned to the extent required in connection with the development or construction of the Hotel.

  • Seller has not, except for this Agreement, the Permitted Encumbrances and the ZELDA Amendment, committed nor obligated itself in any manner whatsoever to sell, lease or encumber the Property or any interest therein to any party.