Subdivided parcel definition

Subdivided parcel means a condominium par- cel in a primary condominium that has been submitted to condominium ownership pursuant to a secondary condominium declaration.
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Subdivided parcel shall have the meaning set forth in Section 9.2. Any reference to any agreement or document in this Article I or otherwise in this Fee Agreement shall include any and all amendments, supplements, addenda, and modifications to such agreement or document.
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Subdivided parcel is defined in Section 20.5(a) of the Lease. ----------------- ----------------------------
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Examples of Subdivided parcel in a sentence

  • Upon the sale of the Subdivided Parcel, from Landlord to the Baltimore Purchaser, Exhibit A-17 of this Agreement shall be amended by deleting the legal description set forth therein and inserting a legal description in its place reflecting the transfer of the Subdivision Parcel.

  • Metropolitan and Fred Meyer shall cauxx xaxx Xxase relating to a Shopping Center to be amended, at the time of such conveyance, to reflect the conveyance of the applicable Subdivided Parcel.

  • Such options are to be exercisable at prices, as determined by the board of directors, generally equal to the fair value of the Company’s common stock at the date of grant and have a contractual term of 10 years.

  • The Retained Property shall include that portion of the northeast xxxxx of Parcel Number 27010001, which is labeled as the Subdivided Parcel and bounded in green on Exhibit “A” and Exhibit “I” (the “Subdivided Parcel”).

  • Upon the sale of the Subdivided Parcel from Landlord to the Baltimore Purchaser, Exhibit C to this Agreement shall be amended to delete the Baltimore Minimum Rent set forth therein and inserting the Baltimore Minimum Rent applicable upon the closing of the sale of the Subdivided Parcel as provided herein in its place.

  • Upon the completion of any such subdivision, the Lessor shall allocate the Asset Termination Value among the Subdivided Parcels in accordance with the methodology set forth on Schedule V to the ----------------- Participation Agreement, which shall be the purchase price applicable to each ----------------------- Subdivided Parcel under this Section 20.5 (the "Partial Purchase Option Price").

  • Lessor shall allocate the Asset Termination Value among the Subdivided Parcels in accordance with the methodology set forth on Schedule V to the Participation Agreement, which shall be the purchase price applicable to each Subdivided Parcel under this Section 20.6 (the "Partial Purchase Option Price").

  • Fred Meyer shall indxxxxfx Xxxropolitan from payment of taxes, fees and penalties relating to the Remaining Center and the applicable Subdivided Parcel for the remainder of the term of the Lease covering the Shopping Center or until the separate tax parcels have been created.

  • As and at the time that Fred Meyer exercises xxx Xxxxxn and a Subdivided Parcel is released to Fred Meyer, the $50,000 ox xxxds in the Holdback Escrow that were attributable to the Remaining Center of which that Parcel is a part will be released to Metropolitan at the closing of the conveyance of the Parcel to Fred Meyer (or the fxxxx Xxxxxl, if more than one Parcel in a particular Shopping Center is contemplated to be conveyed).

  • Notwithstanding any provision herein or in any Borrower Document to the contrary, if the Property is properly and legally subdivided into smaller parcels (any such parcel that does not have any Improvements located thereon, a “Subdivided Parcel”), Borrower may request Lender’s release of its lien on the Subdivided Parcel, which request Lender may accept or reject in its sole and absolute discretion.


More Definitions of Subdivided parcel

Subdivided parcel means the portion of the Baltimore Property which Landlord has agreed to sell, and the Purchaser has agreed to purchase, all as more particularly described in the Baltimore Purchase Agreement.
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Related to Subdivided parcel

  • Subdivider means a person who causes land to be subdivided or who proposes a subdivision

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

  • 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.

  • Subdivide means to divide, apportion, consolidate or subdivide the Land, or the ownership or right to possession or occupation of the Land into two or more lots, strata lots, parcels, parts, portions or shares, whether by plan, descriptive words or otherwise, under the Land Title Act, the Strata Property Act or otherwise, and includes the creation, conversion, organization or development of “cooperative units” or “shared interests in land” as defined in the Real Estate Act.

  • Tract means 2 or more parcels that share a common property line and are under the same ownership.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Acre or “Acreage” means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable Final Map or other parcel map recorded at the County Recorder’s Office.

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

  • Basal area means the effective surface area available to transmit the treated effluent from the filter media in a mound system into the in-situ receiving soils. The perimeter is measured at the interface of the imported fill material and in-situ soil. On sloping sites, only the area down-gradient from the up-slope edge of the distribution media may be included in this calculation.

  • Exchange Area means an area, defined by the Commission, for which a distinct local rate schedule is in effect.

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

  • Footage means collectively all video, video tape recordings, film, photographs, digital photographs, and all other digital assets that depict or record the Event and/or Undersigned’s presence at the Event.