Common use of Exceptions and Exclusions Clause in Contracts

Exceptions and Exclusions. None of the deed restricted Dwelling Units described in this Section shall count against or otherwise reduce any of the residential densities permitted to be developed within the FDP Properties pursuant to the FDP. All deed-restricted Dwelling Units shall be exempt from all Town permitting fees and from application of the “RETT” (as hereinafter defined); provided, however, if the deed-restricted Dwelling Unit is an Accessory Dwelling Unit, then the RETT shall be adjusted to exclude proportionately only the finished square footage of the Accessory Dwelling Unit from calculation of the RETT.

Appears in 3 contracts

Samples: Annexation Agreement, Annexation Agreement, Annexation Agreement

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Exceptions and Exclusions. None of the deed restricted Dwelling Units described in this Section shall count against or otherwise reduce any of the residential densities permitted to be developed within the FDP Properties pursuant to the FDP. All deed-restricted deed -restricted Dwelling Units shall be exempt from all Town permitting fees and from application of the “RETT” (as hereinafter defined); provided, however, if the deed-restricted deed -restricted Dwelling Unit is an Accessory Dwelling Unit, then the RETT shall be adjusted to exclude proportionately only the finished square footage of the Accessory Dwelling Unit from calculation of the RETT.

Appears in 1 contract

Samples: Annexation Agreement

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Exceptions and Exclusions. None of the deed restricted Dwelling Units described in this Section shall count against or otherwise reduce any of the residential densities permitted to be developed within the FDP Properties pursuant to the FDP. All deed-deed restricted Dwelling Units shall be exempt from all Town permitting fees and from application of the “RETT” (as hereinafter defined); provided, however, if the deed-deed restricted Dwelling Unit is an Accessory Dwelling Unit, then the RETT shall be adjusted to exclude proportionately only the finished square footage of the Accessory Dwelling Unit from calculation of the RETT.

Appears in 1 contract

Samples: Annexation Agreement

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