Lease Area means the Lease Area as more particularly described in SCHEDULE C.

Lease Area means the area constituted by the blocks that are the subject of a lease;

Lease Area means the portion of the Premises in which the Town grants Entity Name a lease to allow the installation, operation, repair and removal of the System, which area shall include the Easements, and means the real property depicted in the plan attached as Exhibit B until the Lease Area is further defined as follows: Within sixty (60) days of the Commercial Operation Date, Entity Name shall, solely at its’ expense, obtain a survey of the portion of the Premises determined to be the final Lease Area, and that survey or plot plan shall be an amendment to this Agreement as a new Exhibit B, and the Lease Area shall then mean the portion of the Premises defined by the survey. Further, the Lease Area does not consist of any portion of the Landfill but does include any areas impacted by incidental subsurface penetration in installing the System in accordance with the Projects Plans and Applicable Legal Requirements.

Examples of Lease Area in a sentence

In Round 1, there is a single price for each Lease Area equal to the minimum bid price (also known as the ‘opening price’ or ‘clock price of Round 1’).
A bidder that bids to reduce demand for a Lease Area could bid to increase demand for the other Lease Area in the same round.
As proposed, if a lease is awarded pursuant to a winning bid that includes a Lease Area Use CBA bidding credit, the lessee must provide written documentation to BOEM demonstrating execution of the Lease Area Use CBA commitment no later than submission of the lessee’s first FDR or before the tenth Lease Anniversary, whichever is sooner.
Lease Area Name Lease Area ID Acres Minimum Bid Brookings OCS-P 0567 133,792 $6,689,600 Coos Bay OCS-P 0566 61,203 $3,060,150 The auction will be conducted in a series of rounds.
A bidder still eligible to bid after the previous round can either continue bidding at the new round’s clock price for the same Lease Area for which the bidder’s processed demand is one or submit a bid to reduce demand for that Lease Area at any price in the range for that round.

More Definitions of Lease Area

Lease Area means the Property, unless during the Development and Construction Period Tenant determines the boundaries of the final Lease Area, by means of a survey, which survey shall then define the Lease Area as an amendment to this Lease as a revised Exhibit B.

Lease Area means an area of land to which a lease applies; (« périmètre d'exploitation du bail »)

Lease Area means the GFA of the Building.

Lease Area means the area on the Premises in which User grants Owner a lease to install and operate the System, as set forth in Exhibit A-1.

Lease Area means the lease area described in section 5;

Lease Area means an area constituted by a block or blocks covered by a retention lease;

Lease Area means that area leased to the Corporation pursuant to this Lease as depicted on the Lease Line Drawings including without limitation the Boys & Girls Club Facility.