Val de Vie definition

Val de Vie means the entity described more fully at paragraph 1 of the Schedule;
Val de Vie means Val de Vie Developments (Pty) Ltd, registration number 2006/022980/07 a private company with limited liability, duly incorporated in accordance with the company laws of the Republic of South Africa;
Val de Vie means collectively –

Examples of Val de Vie in a sentence

  • Game farming activities will potentially also take place on the aforesaid spaces and on the Greater Val de Vie Development.

  • The Purchaser further acknowledges that 5% (five percent) of the levies payable by it to the HOA from time to time shall be paid by the HOA to the Val de Vie Foundation on a monthly basis, which foundation has been established as a trust registered in accordance with the provisions of South African Law with the sole aim of providing assistance to the disadvantaged communities in the Winelands area surrounding the Development.

  • If the Developer decides to incorporate any portion or the whole of adjoining land into the Development or the Val de Vie II Estate, the provisions of the constitution of the HOA shall apply to such land and to purchasers of any subdivisions thereof.

  • Should the Developer so wish, it may incorporate additional land so as to form part of the Development and the Val de Vie II Estate, as set out in clause 53 of the HOA’s constitution, subject to approval by the relevant authorities.

  • The Purchaser confirms that he is aware that the internal services of the Development and the Val de Vie II Estate shall be maintained by the HOA and not by any local authority.

  • The aforesaid amount payable to the HOA will form part of the clearance to be obtained from the HOA in respect of registration of transfer of the Property in the name of such third party purchaser and it shall be allocated by the HOA towards its reserve levy fund and shall only be utilised by the HOA for the benefit of the homeowners in the Greater Val de Vie Development.

  • The Developer further records that the developers of the various developments forming part of the Greater Val de Vie Development and the Existing Val de Vie Development have obtained and may in future apply for further or amended use rights in respect of their respective developments, including but not limited to single residential, group housing, townhouses, hotel use, religious use rights, business/commercial, restaurants, theatre facility/ies, sport, light industrial and educational use rights.

  • The Purchaser hereby acknowledges and agrees that the Property is sold subject to the rules and regulations of the town planning scheme applicable thereto, and the conditions under which the development and the subdivision of the Val de Vie II Estate has been approved by the relevant authorities.

  • These conditions were imposed by the relevant authorities on approval of the subdivision and rezoning of the Val de Vie II Estate in terms of section 25(1) of Ordinance No 15 of 1985, and other legislation.

  • The Developer further records that the developers of the various developments forming part of the Greater Val de Vie Development and the Existing Development have obtained and may in future apply for further or amended use rights in respect of their respective developments, including but not limited to single residential, group housing, townhouses, hotel use, religious use rights, business/commercial, restaurants, theatre facility/ies, sport, light industrial and educational use rights.


More Definitions of Val de Vie

Val de Vie means the property development project including all commercial, retail, residential and other developments undertaken on the geographic area of Paarl.
Val de Vie means the entities as set out in the Terms and Conditions;

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