Common use of Definition of Property Clause in Contracts

Definition of Property. The correct legal description of the Property subject to the Agreement is as follows: The Northeast Quarter (NE1/4) of ▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇▇ of the 5th P.M., excepting therefrom the North 996 feet of the East 206.3 and excepting therefrom the South 308.32 feet of the North 1304.32 feet of the East 206.25 feet and excepting the South 590.39 feet of the North 1894.7 feet of the East 206.3 feet and excepting the East 718 feet of the South 281 feet of the North 2175.2 feet and Aleck ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇. approximately 141.3 acres +/-; (the “Property”);

Appears in 2 contracts

Sources: Real Estate Purchase Agreement, Real Estate Purchase Agreement