Development in Phases Sample Clauses
The 'Development in Phases' clause establishes that a project or deliverable will be completed in distinct, sequential stages rather than all at once. Typically, this means that each phase must be finished and approved before work on the next phase begins, and payments or deliverables may be tied to the successful completion of each stage. This approach helps manage risk, ensures quality control at each step, and allows for adjustments based on feedback or changing requirements as the project progresses.
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Development in Phases. Due to the size and complexity of the development contemplated by the Final Development Plan, the time required to complete development, and the possible impact of economic cycles and varying market conditions which will occur during development of the Project, the Town acknowledges and agrees that development of the Project may proceed in Phases.
Development in Phases. The Residential Parcel and the Office Parcel may be constructed or installed in separate phases (each a “Phase”), over time, as determined by Arcadia.
Development in Phases. The Vendor has formulated a scheme, for the development of several clusters of buildings primarily for residential purpose in the Project named “Ideal Greens” (collectively Said Complex), sale of various flats/spaces, with or without car parking space/s and other appurtenances (collectively Said Flats And Appurtenances) in the Said Complex and usages of common portions and utilities at the Said Complex as summarized below. Such development is proposed to be made in phases and for such purpose Vendor has entered into and/or intends to enter into agreements to acquire several plots of lands in phases for development of the Said Complex in phases in accordance with the sanctioned building plans that would be issued phase wise. It is clarified that such intention of the Vendor to have more than one phase in the Project is not an obligation of the Vendor towards anyone but is a right which may be exercised by the Vendor at its discretion.
Development in Phases. 2 and 3 may be combined provided that the number of units is supported by the supplementary hydrogeological assessment”
Development in Phases. The Developer intends to establish the Condominium in two phases, but reserves the right to complete only one of the two phases as market and other relevant factors dictate. Timeshare estates will not be created with respect to Units in any Phase. The Developer reserves the right to make non material changes in the legal description of a phase. The estimated completion date for Phase I is April of 1997 and of Phase II is October of 1998. Any and all phases to be developed and made a part of the Condominium shall be completed within seven (7) years from the date of recordation of this Declaration.
(a) Phase I shall consist of 117 Units with a minimum of 1,329 square feet and a maximum of 5,052 square feet per Unit to be constructed upon the Phase I Land. The location of the Units in Phase I is graphically depicted on Exhibit "2".
(b) Phase II shall consist of a minimum of 115 Units and a maximum of 138 Units with a minimum of 1,329 square feet and a maximum of 5,052 square feet per Unit to be constructed upon the Phase II Land. The location of the Units in Phase II is graphically depicted on Exhibit "2". Said phases, if constructed, shall be located on the lands legally described and graphically depicted upon the location sketch which is part of Exhibit "2" attached hereto.
Development in Phases. Inasmuch as the Seller may effect parts of the Development in phases, the Seller: 44.1. hereby discloses in terms of Section 25 (14) of the Act that, upon opening of each Sectional Title Register other than the last, it intends reserving to itself, in respect of each phase, a real right to extend, for its personal account, the scheme in terms of Section 25, as read with Section 11 (2), of the Act, but only to the extent of the whole development as shown on the Design Documents, and only for a period of 20 (Twenty) years. Such right shall include the rights to divide the additional building or buildings into a section or sections and common property and to confer the right of sole use over parts of such common property upon the owner or owners of 1 (One) or more of such sections or any other section in the scheme;
Development in Phases. Ideal has formulated a scheme, for the development of several clusters of buildings primarily for residential purpose in the Project named “Ideal Aquaview” (collectively Said Complex), sale of various flats/spaces, with or without car parking space/s and other appurtenances (collectively Flats And Appurtenances) in the Said Complex and usages of common portions and utilities at the Said Complex as summarized below. Such development is proposed to be made in phases and for such purpose Ideal has entered into and/or intends to enter into agreements to acquire several plots of lands in phases for development of the Said Complex in phases in accordance with the sanctioned building plans that would be issued phase wise. It is clarified that such intention of Ideal to have more than one phase in the Project is not an obligation of Ideal towards anyone but is a right which may be exercised by Ideal at its discretion.
Development in Phases. The Purchaser hereby acknowledges that he is aware that the development will be done in phases. The Seller has reserved to itself / or will reserve for itself simultaneously with the registration of the sectional plan and opening of sectional title register in terms of Section 25 of the Sectional Titles Act, No 95 of 1986, for a period of 15 (fifteen) years the right to erect and complete from time to time for its personal account further buildings on specified portions of the common property by way of further phases and to divide such buildings into sections and common property and to confer rights of exclusive use over parts of such common property upon the owners of one or more sections. The Purchaser acknowledges that he is aware that the Seller, or its associated entities, wish to do further developments and wish to apply for the subdivisions and rezoning thereof. The Purchaser hereby specifically consents and agrees to the mentioned applications, and subsequent approvals and developments.