...

would resolve to an xvm specific env of:

• prop1=globaltop-level-value1 (as defined in top-level env since not overridden).
• prop2=xvm-template-value2 (picked up from xvm-template to override top level <env>).
• prop3=my-xvm-value3 (picked up from my-xvm, overrides the template and top level value).

...