Subdivision of Land Sample Clauses

Subdivision of Land. Owner shall otherwise conform to all requirements regarding the subdivision of land enacted by the City of Dickinson, as set forth in Chapter 34 of the City of Xxxxxxxxx Municipal Code, as may be amended from time to time. The provision of remedies in this Agreement shall be in addition to those otherwise provided by law to the City for other violations of the City of Xxxxxxxxx Municipal Code.

Subdivision of Land. If this sale constitutes or requires a subdivision or requires a subdivision of land owned by Seller, Seller shall pay all subdivision expenses and obtain all necessary governmental approvals. Seller warrants that the legal description of the real property to be conveyed has been or will be approved for recording as of the date of closing.

Subdivision of Land. 12.1 The borrower will not apply for a subdivision of the land without the prior written consent of the lender. 12.2 If the land is subdivided at any time during the term of this mortgage: (a) this mortgage will charge each subdivided lot as security for payment of all the mortgage money, and (b) the lender is not required to discharge this mortgage as a charge on any of the subdivided lots unless the entire the mortgage money is paid. 12.3 Even though the lender is not required to discharge any subdivided lot from this mortgage, the lender may, at its sole discretion, agree to do so in return for payment of all or part of the mortgage money and in addition, any penalties charged by the lender. If the lender discharges a subdivided lot, this mortgage will continue to charge the subdivided lot or lots that have not been discharged. 12.4 The borrower is responsible for compliance with the Municipal Government Act for any partial discharge.

Subdivision of Land. 26 11.3 Transfer of Xxxx Township Land...................................................26 11.4

Subdivision of Land. As soon as possible after the date of this agreement, the Commonwealth shall take all necessary steps to create by way of subdivision separate title to the Parkeston Land.

Subdivision of Land. This sale does not constitute a subdivision of land owned by Seller.

Subdivision of Land. Owner has submitted a proposed preliminary plat for the Land to the City, a copy of which is attached hereto as Exhibit B. Any preliminary plat or final plat for the Land shall substantially conform to the proposed preliminary plat and shall be subject to City approval to ensure compliance with this Agreement and City Ordinances. The Parties acknowledge that the City Council shall not annex the Land unless the City Council has approved a preliminary plat for the Land.

Subdivision of Land. The OWNER shall otherwise conform to all requirements regarding the subdivision of land enacted by the City of Xxxxxxxxx, as set forth in Chapter 34 of the City of Xxxxxxxxx Municipal Code, as may be amended from time to time. The provision of remedies in this Agreement shall be in addition to those otherwise provided by law to the CITY for other violations of the City of Xxxxxxxxx Municipal Code.

Subdivision of Land. Notwithstanding the restriction on the use of the Land described in Section 4 of the Ground Lease, both College and Holdings shall diligently pursue the development of the Land to include Building B in accordance with the terms of this Agreement. In addition to the Minimum Terms described below, prior to implementation of any Building B development and construction, the parties hereto acknowledge that the Land needs to be subdivided into two or more separate tax parcels and two or more legal lots to accommodate such development and a separate and independent ground lease (the "Building B Ground Lease") for the portion of the Land that will be attributable to Building B (the "Building B Land") shall be executed between College and a to-be-created entity that is controlled by, controls or is under common control with Holdings and MF-1 (the "Building B Lessee"). Among other things, the Building B Ground Lease shall include mutually agreeable terms that address: (a) acceptable allocation of shared parking with Building A, which at a minimum shall comply with the State Requirements for Educational Facilities as approved by the Florida State Board of Education at the time of Building B Ground Lease execution; (b) maintenance and operating expense obligations for shared common areas and shared access by and between Building A and Building B; and (c) the Building B Ground Lease will not be cross-defaulted with the Ground Lease or the Building A Lease.

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