preliminary declaration definition
preliminary declaration means a declaration by the Agency in consultation with the Minister, preceding the final declaration of a priority housing development area;
preliminary declaration. TRANSFER OF RISKS TO THE LESSEE The parties represent that it is their common intention to consider all phases and aspects of this operation - notably its legal and financial aspects - an indivisible whole. Moreover, the parties wish to stress the LESSOR's essentially financial intervention in this operation. The LESSEE, which has taken the initiative to make this investment, chosen the site and ordered construction drawings according to its needs, and will be the user of the property and may become its owner if it so desires, intends to remain entirely in control of the operation, both during the construction period and during the term in which the property is leased, even though the property will be owned by the LESSOR for the financing term. The LESSOR acknowledges that, even though it is the legal owner of the property, its role, within the limits agreed between the parties and provided the LESSEE fully performs its contractual obligations, is to finance a site chosen by the LESSEE and the constructions defined in descriptive specifications. Accordingly, it not only seems legitimate for the LESSEE to assume the risks generated by its legal situation but also to assume the transfer of any and all obligations and any and all risks, even those resulting from force majeure, which would be incumbent on the builder and the property owner under general law provisions. This agreement is drafted subject to this preliminary declaration, which shall be the constant reference to determine the division of charges, obligations and risks between the parties and as necessary to determine the common intention of the parties.