Common use of Development Plans Clause in Contracts

Development Plans. The term “Development Plans” as used herein means the Site Plan, Preliminary Plat, Final Plat, Construction Plans, Subdivision Hardscape and Landscape Plans, Amenity Plans, Lot Grading Plans, and Lot Utility Layout, in the forms approved by Buyer and Seller in accordance with this Agreement and approved by the applicable Governmental Authorities. All Development Plans for the Sections shall be prepared in accordance with the development specifications attached hereto as Exhibit B-1 (the “Development Scope and Specifications”) and all Governmental Requirements. Seller shall be responsible for all costs and expenses related to the preparation and submission of the Development Plans. The “Development Plans” shall include all obligations and requirements applicable to the Section contained within any instrument disclosed by the Title Commitment or Survey.

Appears in 6 contracts

Samples: And Escrow Instructions (LiquidValue Development Inc.), And Escrow Instructions (Alset Inc.), And Escrow Instructions (Alset Inc.)

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