Required Subdivision definition

Required Subdivision has the meaning set forth in Section 6.27(a). “Restricted Cash” has the meaning set forth in Section 2.2(a)(ii). “Retained Liabilities” has the meaning set forth in Section 2.3(b).
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Required Subdivision has the meaning set forth in Section 6.27(a).
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Examples of Required Subdivision in a sentence

  • Section 6.27 of the Sellers’ Disclosure Schedule may be updated at any time prior to the Closing to either (i) add additional Subdivision Properties or (ii) remove any Subdivision Properties, which have been determined to not require a Required Subdivision or for which a Required Subdivision has been obtained.

  • Upon completion of a Required Subdivision affecting an Owned Real Property that is subject to the Subdivision Master Lease, the Subdivision Master Lease shall be terminated as to such Owned Real Property and such Owned Real Property shall be conveyed to Purchaser by Quitclaim Deed for One Dollar ($1.00) in stated consideration.

  • To the extent that any Required Subdivision for a Subdivision Property is not completed prior to Closing, then at Closing, Sellers shall lease to Purchaser only that portion of such Subdivision Property that constitutes Owned Real Property pursuant to the Master Lease Agreement (Subdivision Properties) substantially in the form attached hereto as Exhibit L (the “Subdivision Master Lease”).

  • To the extent that any Required Subdivision for a Subdivision Property is not completed prior to Closing, then at Closing, Sellers shall lease to Purchaser only that portion of such Subdivision Property that constitutes Owned Real Property pursuant to a mutually acceptable lease (the “Subdivision Master Lease”), which is consistent with the terms contained in the Subdivision Master Lease Term Sheet attached hereto as Exhibit L (the “Subdivision Master Lease Term Sheet”).

  • Upon accepting all County Required Subdivision Improvements or Notification to the Commissioners Court of satisfactory completion of private improvements, the County agrees to provide written notice to the PDRD Director to release this Agreement.

  • Upon Subdivider completing all City Required Subdivision Improvements, and complying with all requirements of the COA Standard Specifications Series 1800S – Private Development, Construction Requirements and Procedures, and upon DSD Director’s receipt of notice from the Construction Inspection Division of acceptance of all Subdivision Improvements, the Fiscal Deposit will be released and this Agreement will be terminated.

  • The DSD Director or PW Director, as applicable, will provide timely notice to the Subdivider whenever inspection reveals that any City Required Subdivision Improvement is not constructed or completed in accordance with the Released Construction Plans or is otherwise defective, followed by written notice and period to cure, if Subdivider fails to cure the defect upon being given oral notice.

  • Upon accepting all City Required Subdivision Improvements, the City agrees: (a) to provide a recordable release to the Subdivider and the Issuer releasing the Subdivider and Subdivider’s heirs, successors and assigns, and the Property from all provisions of this Agreement and (b) to return the Fiscal Deposit to the Issuer.

  • Notary Public My Commission Expires: EXHIBIT A Re: XXXXXX Xxxxxxxxxx (Project name) Chelmsford (City/Town) CH MF BTH III/Boston Chelmsford, L.L.C. (Developer) Property Description The land shown as “PARCEL 1” on an ANR plan entitled “Approval Not Required Subdivision Plan 000 Xxxxxxxxx Xxxxxx Map 00 Xxx 00 Xxxxxxxxxx, Xxxxxxxxxxxxx Prepared for 255 Princeton Realty Holdings LLC” dated October 11, 2023, prepared by WSP USA Inc.

  • The method consists of the calculation of an Attained Index of Subdivision, A, for the ship which must be greater than or equal to a Required Subdivision Index, R, which is a function of ship length, passenger/crew numbers and lifeboat capacity.

Related to Required Subdivision

  • Governmental subdivision means any city, county, or combination thereof.

  • Local Subdivision means any county, municipal corporation, township, sanitary district or regional water and sewer district of the State.

  • Minor subdivision means a subdivision that creates five or fewer lots from a tract of record.

  • Final Subdivision Map means a final tract map, parcel map, lot line adjustment, or functionally equivalent map or instrument that creates building sites, recorded in the County Office of the Recorder.

  • Local Subdivision Contribution means the Local Subdivision financial share used for the sole and express purpose for paying or reimbursing the costs certified to the Director under this Agreement for completion of the project.

  • Local political subdivision means a county, municipal corporation, township, conservancy district, soil and water conservation district, joint recreation district, park district, or other similar park authority.

  • Political subdivision means a city, village, town or county.

  • Political Subdivisions means cities, counties, and educational institutions.

  • Subdivision Plat means the graphical representation of the subdivision of land, prepared by a licensed professional land surveyor, having a number or letter designation for each lot within the plat and a succinct name or title that is unique for the county where the land is located.

  • Zoning map means a map, adopted as part of a land use ordinance, that

  • Existing manufactured home park or subdivision means a manufactured home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including, at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed before the effective date of the floodplain management regulations adopted by a community.

  • Environmental Hazard means any substance the presence, use, transport, abandonment or disposal of which (i) requires investigation, remediation, compensation, fine or penalty under any Applicable Law (including, without limitation, the Comprehensive Environmental Response Compensation and Liability Act, Superfund Amendment and Reauthorization Act, Resource Conservation Recovery Act, the Occupational Safety and Health Act and provisions with similar purposes in applicable foreign, state and local jurisdictions) or (ii) poses risks to human health, safety or the environment (including, without limitation, indoor, outdoor or orbital space environments) and is regulated under any Applicable Law.

  • Estimated Provincial Subsidy means the estimated provincial subsidy calculated in accordance with Applicable Policy.

  • Manufactured Home Park or Subdivision means a parcel (or contiguous parcels) of land divided into two or more manufactured home lots for rent or sale.

  • Regulatory Flood Protection Elevation means the “Base Flood Elevation” plus the “Freeboard”. In “Special Flood Hazard Areas” where Base Flood Elevations (BFEs) have been determined, this elevation shall be the BFE plus two (2) feet of freeboard. In “Special Flood Hazard Areas” where no BFE has been established, this elevation shall be at least two (2) feet above the highest adjacent grade.

  • Initial Environmental Examination or “IEE” means the initial environmental examination for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • Floodplain or flood-prone area means any land area susceptible to being inundated by water from any source (see definition of “flood”).

  • Native vegetation means plant species that are indigenous to the region.

  • Subdivision means the division of a piece of land into two or more portions;

  • Line Item means a field of information (or a combination of fields of information) to be entered in a Settlement Schedule by any Participating Subscriber in relation to a Conveyancing Transaction.

  • Regulatory Floodway means the channel of a river or other watercourse and the adjacent land areas that must be reserved in order to discharge the base flood without cumulatively increasing the water surface elevation more than a designated height.

  • New manufactured home park or subdivision means a manufactured home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed on or after the effective date of this ordinance or the effective date of the initial floodplain management ordinance and includes any subsequent improvements to such structure.

  • Material Environmental Amount an amount payable by the Borrower and/or its Subsidiaries in excess of $5,000,000 for remedial costs, compliance costs, compensatory damages, punitive damages, fines, penalties or any combination thereof.

  • Zoning means the purpose for which land may lawfully be used or on which buildings may be erected or used, or both, as contained in an applicable town planning scheme and "zoned " has a corresponding meaning. Where a property carries multiple zoning rights, the categorisation of such property will be by apportioning the market value of the property, in a manner as may be prescribed, to the different purposes for which the property is used; an applying the rates applicable to the categories determined by the Municipality for properties used for those purposes to the different market value apportionments.

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not