Retail Unit definition

Retail Unit means the space demised under the Retail Unit Lease.
Retail Unit means the “Retail Unit” as defined in the Condominium Declaration and as shown on the Condominium Plans.
Retail Unit means Condominium Unit 1, which area is demarcated on the Plans, regardless of the uses to which such Condominium Unit may be put from time to time, which Retail Unit may be subdivided as provided in Paragraph 21 of this Declaration.

Examples of Retail Unit in a sentence

  • It is mandated that the Retail Unit Owners shall not be having the right to use the Unit Leisure Facilities.

  • The Retail Unit Owners are not allowed to use the Unit Leisure Facilities as of right and such restriction is accepted by the Purchaser.


More Definitions of Retail Unit

Retail Unit is defined in paragraph E of the Recitals.
Retail Unit shall have the meaning set forth in that certain Declaration of Easements, dated as of December 3, 1997, between TSP and Atlantic Financial Group, Ltd., recorded on December 18, 1997, in the Office of the City Register, New York County, in Reel 2523, Page 2084, and includes, among other things, (i) a fee simple interest in certain portions of the Building (i.e., most of the first, second and third floors of the Building and certain portions of the fourth floor and the first floor of the cellar), (ii) an undivided twenty five percent (25%) fee interest in the general common elements of the Building (e.g., the underlying land and all shared utility facilities), and (iii) various access and other easements (including access to the hotel located on the upper floors of the Building, the general common elements of the Building and the limited common elements appurtenant to the portions of the Building referenced in clause (i) above).
Retail Unit has the meaning ascribed to such term in the Master Loan Agreement.
Retail Unit or “Retail Units” means one or both (as the context requires) of the two (2) Units located at the Property and referred to as the Commercial Units in the Master Declaration, comprising in the aggregate approximately 29,473 rentable square feet, to be used for retail purposes in accordance with the terms of the Loan Documents and in compliance with Legal Requirements. For purposes of this Agreement, the Retail Units shall not include or refer to the F&B Space, which shall be deemed part of the Hotel Unit for all purposes hereunder
Retail Unit means any Retail Space and/or any other covered space in the Building which are meant for shop/retail/commercial/restaurant use and are capable of being exclusively occupied, used and/or enjoyed by any Unit Allottee for such commercial purpose as may be permitted by the Promoter, the right, if any, to park a car in a Car Parking Space, the undivided, impartible, variable, proportionate share or interest in the Common Areas mentioned in Schedule E hereto with right to use and enjoy the same in common and wherever the context so intends or permits, shall include the Undivided Share attributable to such Retail Space;
Retail Unit means one or more units to be built as part of the Retail Project, the tax exemption upon which shall continue and inure to the benefit of any Owner, and its successors and assigns, in accordance with the terms hereof.
Retail Unit means that Unit designated as the Retail Unit in Exhibit B as more specifically described in Paragraph 4 hereof, and, in the case of the establishment of same, any Retail Sub-Unit(s) that may be created and thereafter exist.