Closed Road definition
Examples of Closed Road in a sentence
The Owners acknowledge that, prior to subdivision approval being given for Phase 1 of the development, the final subdivision layout and configuration for both phases of development including the Closed Road must be approved by the District’s Approving Officer.
None of the provisions of this Agreement will merge on Completion of the sale of the Closed Road to the Developer.
The Purchaser, its agents, contractors and employees have, prior to the Completion Date, a licence, exercisable on 24 hours prior written notice to the Vendor, to enter upon the Closed Road at times and in a manner deemed appropriate by the Vendor in light of the present uses of the Closed Road, at the Purchaser’s sole risk and expense, for the purpose of making inspections, surveys, tests and studies of the Closed Road.
The Closed Road is at the Vendor’s risk until 12:01 a.m. on the Completion Date and at the Purchaser risk thereafter.
The Purchaser will, at its expense, prepare the Closed Road Plan, the Road SRW Plan, Waterworks SRW Plan, the Consolidation Plan and any plans required for the Utility SRWs.
It is the intent of the parties that the Form A Transfer of the Vintner Closed Road will be filed in the Land Title office concurrently with Plan EPP118324, which is attached as Schedule F hereto, on undertakings of the Grantor’s solicitors acceptable to the Grantor’s solicitors and the City’s solicitors.
On or before November 30, 2022, the City will be satisfied, in its absolute discretion, with the results of any due diligence investigations with respect to the environmental condition of Closed Road and the New Road.
On or before November 30, 2022, the Developer will be satisfied, in its absolute discretion, with the results of any due diligence investigations with respect to the environmental condition of the Closed Road and the New Road.
The Developer hereby waives any requirement for the City to provide to the Developer a site disclosure statement (as defined in the Environmental Management Act (British Columbia)) with respect to the Closed Road.
The Purchaser will purchase from the Vendor, and the Vendor will sell to the Purchaser, the Closed Road, free and clear of all liens, charges and encumbrances, except for the Permitted Encumbrances, for the Purchase Price, on the terms and conditions of this agreement.