Subdivision of Land. If this sale constitutes or requires a subdivision of land owned by Seller, Buyers shall pay all subdivision expenses, including any required survey, and obtained all necessary governmental approvals. Sellers 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.
Subdivision of Land. 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:
Subdivision of Land. (a) This special condition only applies if, as at the Contract Date, the Property is not a separate “lot” as defined in the Planning and Development Act. This special condition does not affect or restrict the operation of any other special condition.
Subdivision of Land. This sale does not constitute a subdivision of land owned by Seller.
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. As soon as possible after the date of this agreement, the Commonwealth shall take all reasonable steps to create by way of subdivision separate title or titles to the Xxxx Township Land.
