Common use of Homes Clause in Contracts

Homes. 20.1 The parties acknowledge that the Purchaser has or is about to enter into a Relationship & Option Agreement pursuant to the KiwiBuild Programme whereby the Purchaser’s Development will become a KiwiBuild Qualifying Development and form part of the KiwiBuild Programme on the basis that the Dwellings identified as KiwiBuild herein will be KiwiBuild Homes. 20.2 Kāinga Ora confirms that any Dwellings constructed and sold as part of the Purchaser’s Development as KiwiBuild Homes pursuant to the Relationship & Option Agreement will not be a breach of any of the provisions of this Agreement whereby compliance with this Agreement would cause the Purchaser to be in breach of the Relationship & Option Agreement. 20.3 Provided, however, whilst the Relationship & Option Agreement referenced herein remains in effect the Purchaser shall also do the following: (a) Collaborate with Kāinga Ora and any Relevant Authority and shall deliver the required number of Dwellings set out in clause 2 of the Specific Terms within the Purchaser’s Development as KiwiBuild Homes (subject to approval pursuant to the Design Review Process in accordance with clause 17 of the Kāinga Ora General Terms).

Homes. 20.1 21.1 The parties acknowledge that the Purchaser has or is about to enter into a Relationship & KiwiBuild Option Agreement pursuant to the KiwiBuild Programme whereby the Purchaser’s Development will become a KiwiBuild Qualifying Development and form part of the KiwiBuild Programme on the basis that the Dwellings identified as KiwiBuild herein will be KiwiBuild Homes. 20.2 21.2 Kāinga Ora confirms that any Dwellings constructed and sold as part of the Purchaser’s Development as KiwiBuild Homes pursuant to the Relationship & KiwiBuild Option Agreement will not be a breach of any of the provisions of this Agreement whereby compliance with this Agreement would cause the Purchaser to be in breach of the Relationship & KiwiBuild Option Agreement. 20.3 21.3 Provided, however, whilst the Relationship & KiwiBuild Option Agreement referenced herein remains in effect the Purchaser shall also do the following: (a) Collaborate with Kāinga Ora and any Relevant Authority and shall deliver the required number of Dwellings set out in clause 2 of the Specific Terms within the Purchaser’s Development as KiwiBuild Homes (subject to approval pursuant to the Design Review Process in accordance with clause 17 18 of the Kāinga Ora General Terms).