Development of the Land. The First Owner has developed or is in the course of developing the Land in accordance with the Building Plans (as hereinafter defined) and has erected or is in the course of erecting the Building (as hereinafter defined) on the Land.
Development of the Land. (a) The Buyer acknowledges that the Development will be constructed in the following manner: -
Development of the Land. NMSB shall develop the Land at its sole cost and expense by constructing the Development in accordance with the approved layout plan and building plans submitted/to be submitted by NMSB for the approvals issued/to be issued by the appropriate authority. NMSB shall have the absolute control and management of the Development and shall carry on the Development to its completion.
Development of the Land. SESB intends to develop the Land into development project together with such necessary infrastructure, amenities and public utilities (“the Project”) and as may be approved by the relevant authorities with or without any variation or amendments, and subject to such amendments as may be decided from time to time, and in consideration of the Deposit (as defined herein) paid to SCSB, SCSB hereby agrees that pending the occurrence of the Completion Date of the SPA, SESB shall be granted early possession of the Land in accordance with the SPA for the purpose of undertaking preliminary work in relation to the Project.
Development of the Land