Developed site definition

Developed site means a parcel or property that was previously in commercial, industrial, institutional, governmental, or residential use. A parcel that was previously in an agricultural use would not be considered to be a developed site.
Developed site means a parcel or portion of a parcel containing one or more structures or impervious surfaces and may contain associated landscaped or actively maintained vegetated areas.
Developed site means the condition of the development site following completion of construction of the development including all approved phases of construction.

Examples of Developed site in a sentence

  • Lessee shall have caused the seller of such Developed Site to deliver to Agent and Lessor (i) a FIRPTA Affidavit in customary form or if such seller is a "foreign person" as defined in Section 1445 of the Code, evidence that a portion of the sales price to be paid to such seller has been withheld, if so required, in accordance with the provisions of the Code and Regulations and (ii) any comparable form and affidavits required with respect to the purchase and sale of the Site by any state.


More Definitions of Developed site

Developed site means a campground, picnic area or day use area that provides services, including but not limited to, restrooms, tables, trash cans, water, and parking sites.
Developed site means a park camping site with at least one shelter, table or grill or a combination of two or more such facilities at the site. Sites with recreational vehicle utility hookups are considered developed regardless of the presence of shelters, tables or grills.
Developed site means real property upon which a building and other permanent
Developed site means, in the case of
Developed site means sites that contain structures or capitalimprovements primarily used by the public for recreation purposes.
Developed site means Land and the Facilities thereon and as to which no Construction Advances will be required under the Operative Documents.
Developed site has the meaning set forth in the Recitals to the Participation Agreement.