DIVISION OF LAND. No Parcel shall be subdivided or resubdivided without the prior written approval of Declarant (or the Board, if there is no Declarant), which may be withheld in its sole, absolute and unfettered discretion. The creation of a "condominium project" on any Parcel or Parcels pursuant to Section 1351, ET SEQ. of the California CIVIL CODE shall not constitute a subdivision or resubdivision of a Parcel which is prohibited by the provisions of this Section.
Appears in 5 contracts
Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Lease Option Agreement (Peregrine Systems Inc)
