Common use of Construction of Subdivision Improvements Clause in Contracts

Construction of Subdivision Improvements. The Subdivider shall construct and install, at no expense to the Town, all Subdivision improvements shown on the approved preliminary plat (if applicable), final plat and improvement plans for the Subdivision, and all other improvements or infrastructure that the Town reasonably determines are required to serve any portion of the Subdivision, including by way of illustration but not by limitation those improvements listed on Exhibit A attached to and incorporated in this Agreement (the “Improvements”). The Subdivider’s obligation to complete the Improvements arises as of the date of this Agreement, is independent of any obligations of the Town, and is not conditioned upon the sale of any lots or improvements within the Subdivision. Nothing in this Agreement shall be construed as an undertaking by the Trustee to install, to guarantee the installation of, or to indemnify any other person for the installation of the Improvements.

Appears in 2 contracts

Samples: Substitute Assurance Agreement, Assurance Agreement

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Construction of Subdivision Improvements. The Subdivider shall construct and install, at no expense to the Town, all Subdivision subdivision improvements shown on the approved preliminary plat (if applicable), final plat and improvement plans for the Subdivision, and all other improvements or infrastructure that the Town reasonably determines are required to serve any portion of the Subdivision, including by way of illustration but not by limitation those improvements listed on Exhibit A attached to and incorporated in this Agreement Agreement, that serve the Property (the “Improvements”). The Subdivider’s obligation to complete the Improvements arises as of the date of this Agreement, is independent of any obligations of the Town, and is not conditioned upon the sale of any lots or improvements within the Subdivision. Nothing in this Agreement shall be construed as an undertaking by the Trustee to install, to guarantee the installation of, or to indemnify any other person for the installation of the Improvements.

Appears in 1 contract

Samples: Substitute Assurance Agreement

Construction of Subdivision Improvements. The Subdivider shall hereby agrees to construct and install, at no expense to the Townits own expense, all Subdivision subdivision improvements shown on the approved preliminary plat (if applicable), final plat and improvement plans for the SubdivisionProperty as described in Exhibit “B”, and all other improvements or infrastructure that the Town reasonably determines are required to serve any portion of the Subdivision, including by way of illustration but not by limitation those improvements listed on Exhibit A attached to hereto and incorporated in herein by this Agreement reference (the "Improvements"). The Subdivider’s 's obligation to complete the Improvements arises will arise as of the date of this Agreement, or the date of final plat approval for the Subdivision by the City, whichever event occurs later in time (the "Start Date"). The Subdivider's obligation to complete the Improvements is independent of any obligations of the Town, City contained herein and is not conditioned upon on the sale of any lots or improvements within the SubdivisionProperty. Nothing contained in this Agreement shall be construed as an undertaking by the Trustee to install, or to guarantee the installation of, or to indemnify any other person for the installation of the Improvements.

Appears in 1 contract

Samples: Substitute Agreement

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Construction of Subdivision Improvements. The Subdivider Optionee shall construct and install, at no expense to the Town, all Subdivision subdivision improvements shown on the approved preliminary plat (if applicable), final plat and improvement plans for the Subdivision, and all other improvements or infrastructure Subdivision that the Town reasonably determines are required to serve any portion of the Subdivision, including by way of illustration but not by limitation those improvements listed on Exhibit A attached to and incorporated in this Agreement Agreement, that serve those of the Subject Lots for which the Optionee exercises its option to purchase (the “Improvements”). The SubdividerOptionee’s obligation to complete the Improvements arises as of the date of this Agreement, is independent of any obligations of the Town, and is not conditioned upon the any further sale of any lots or improvements within the Subdivision. Nothing in this Agreement shall be construed as an undertaking by the Optionee Trustee to install, to guarantee the installation of, or to indemnify any other person for the installation of the Improvements.

Appears in 1 contract

Samples: Substitute Assurance Agreement

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