Undeveloped Lands definition

Undeveloped Lands in existence on the date of execution of this Agreement is the Property indicated in Exhibit A. Undeveloped Lands shall, during the term of this Agreement, include only Property that either (i) has not received any plat approval or (ii) has received preliminary, conditional, or final plat approval but fewer than one hundred percent (100%) of the Lots or parcels depicted thereon have been sold and fewer than ninety percent (90%) of the potential houses on such platted Lots or parcels (or less than ninety five percent (95%) of the buildable commercial square footage on a plat of commercial property) have been constructed.
Undeveloped Lands means lands which, as of December 31, 2015, had not made beneficial use of underlying groundwater, including un-irrigated land and irrigated land that had been served by a water supplier.
Undeveloped Lands in existence on the date of execution of this Agreement is the Real Property indicated on Exhibit A and Exhibit A-1. Undeveloped Lands shall, during the Term of this Agreement, include Real Property that (i) has not received final plat approval or

Examples of Undeveloped Lands in a sentence

  • This Agreement should be construed so as to effectuate the public purpose of settlement of disputes, while protecting the public health, safety and welfare, including but not limited to ensuring the adequacy of Facilities and compatibility between Developed and Undeveloped Lands.


More Definitions of Undeveloped Lands

Undeveloped Lands means all those portions, and any portion, of the Land which is not connected to the City's sewer and water mains, or any extension of such mains, and is otherwise unimproved and vacant.
Undeveloped Lands means those lands included in the Provost Properties or the Carlyle Properties which have not shown definite Proved Reserve or Probable Reserve potential as a result of regional development and/or
Undeveloped Lands means any land that is in whole or in part lacking or in need of municipal services and includes any unserviced raw land, whether or not it has been subdivided, but does not include that part of land in receipt of municipal services which may presently be in operation and which services may had had prior funding for off-site costs by other methods of taxation;
Undeveloped Lands in existence on the date of execution of this Agreement is the Real Property indicated on Exhibit A. Undeveloped Lands shall, during the Term of this Agreement, include Real Property that (i) has not received final plat approval or (ii) has received preliminary, conditional or final plat approval but consists of five (5) or more contiguous acres of Real Property, depicted as Lots or parcels thereon, and has not been sold. The term “Undeveloped Lands”, for clarification and avoidance of doubt, is inclusive of those portions of the Real Property which include existing buildings that are to be renovated or reused in accordance with the Development Plan.
Undeveloped Lands means land(s) on which manmade structures or land modifications (clearing, grading, etc.) do not exist. The director retains discretion to identify undeveloped land(s) in those instances where historical modifications and structures may have existed on a property or subject parcel in the past.

Related to Undeveloped Lands

  • Undeveloped Land means (i) land owned in fee by the Company or any Subsidiary as of December 31, 2016 which at the time of determination has not been developed for commercial or residential purposes, (ii) land acquired by the Company or any Subsidiary subsequent to December 31, 2016 pursuant to a Code section 1031 like-kind exchange (in exchange for land described in clause (i) or (ii) of this definition) which at the time of determination has not been developed for commercial or residential purposes, or (iii) capital stock or other equity interests of a Subsidiary which owns as its principal asset, directly or indirectly, Undeveloped Land described in clause (i) or (ii) of this definition.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Submerged lands means those lands which are inundated by water on a seasonal or more frequent basis.

  • Lands means the purchase of real property or interest in real property.

  • Said Land shall have the meaning ascribed to such term in Recital IV of this Agreement and which is more fully and particularly described in the First Schedule written hereunder and delineated and demarcated in Annexure – A hereto;

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Tribal lands means all lands within the exterior boundaries of any Indian reservation and all dependent Indian communities.