Common use of Compulsory Acquisition Clause in Contracts

Compulsory Acquisition. ‌ (a) If the Developer does not dedicate the Dedication Land to Council as required by this agreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 may recover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.‌ (b) Clause 9.4(a) constitutes an agreement for the purposes of section 30 of the

Compulsory Acquisition. ‌ (a) If the Developer does not dedicate the Dedication Land to Council as required by this agreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 Xxx 0000 and may recover call upon any Bank Guarantee provided by the Developer under this agreement to cover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.‌land. (b) Clause 9.4(a11.3(a) constitutes an agreement for the purposes of section 30 of the

Compulsory Acquisition. ‌ (a) If the Developer does not dedicate the Dedication Land to Council as required by this agreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 and may recover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.‌Developer. (b) Clause 9.4(a11.3(a) constitutes an agreement for the purposes of section 30 of the

Compulsory Acquisition. ‌ (a) If the Developer does not dedicate the Dedication Land to Council as required by this agreementAgreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 may recover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.‌ (b) Clause 9.4(a) constitutes an agreement for the purposes of section 30 of the)

Compulsory Acquisition. ‌ (a) If the Developer does not dedicate the an item of Dedication Land to Council as required by this agreementthe relevant Sunset Date, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-pre- acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 and may recover any costs, including legal costs, incurred by the Council on acquisition of the land from the Developer.‌Developer. (b) Clause 9.4(a11.3(a) constitutes an agreement for the purposes of section 30 of the

Compulsory Acquisition. ‌ (a) If the Developer does not dedicate the Dedication Land to Council as required by this agreement, the Council may compulsorily acquire the relevant land, in which case the Developer consents to the Council compulsorily acquiring that land for compensation in the amount of $1.00 without having to follow the pre-acquisition procedures in the Land Acquisition (Just Terms Compensation) Act 1991 Xxx 0000 and may recover any costs, including legal costs, incurred by the Council on acquisition of the land as a debt due from the Developer.‌Developer. (b) Clause 9.4(a11.3(a) constitutes an agreement for the purposes of section 30 of the