DESCRIPTION OF LAKESIDE LANDING Sample Clauses

DESCRIPTION OF LAKESIDE LANDING. Section 1. GENERAL PLAN OF DEVELOPMENT. Lakeside Landing comprises the Property encompassing, or which will encompass, Homes and Association Property, as more particularly described in this Declaration and, in addition, lands which Declarant may add, but shall in no way be obligated to add, by one or more Supplemental Declaration(s). The property initially declared hereunder is described in Exhibit “A” attached hereto. If and when fully developed, Lakeside Landing is planned to be comprised of One Hundred (100) attached Homes and the Association Property in accordance with this Declaration. Notwithstanding the foregoing, Declarant hereby reserves the right to modify its plan of development of Lakeside Landing (including, without limitation, the right to modify the site plan of Lakeside Landing; the right to add or change the recreational facilities and amenities, if any, Home product types, and number of Homes to be constructed within Lakeside Landing); and/or the right to add land to Lakeside Landing or to withdraw land from Lakeside Landing. Therefore, in the event Declarant modifies its plan of development of Lakeside Landing and/or adds land to Lakeside Landing or withdraws land from Lakeside Landing, it is hereby acknowledged by each Owner that the number of Lots, the layout of Lots and/or the size of Lots within Lakeside Landing may change. Declarant’s general plan of development further contemplates that the Homes to be constructed within Lakeside Landing shall be whatever types of structures Declarant may choose which are in conformance with this Declaration. Declarant's general plan of development of Lakeside Landing may also include whatever facilities and amenities Declarant considers in its sole judgment to be appropriate Lakeside Landing, as well as any changes thereto. Additional Property will become a part of Lakeside Landing if, and only if, Declarant in its sole discretion adds Additional Property to Lakeside Landing by recording a Supplemental Declaration to such effect. Declarant hereby reserves an easement for ingress and egress and for utilities and drainage over, under and across the Property for the benefit of any Additional Property; provided, however, no such easement may be granted upon any portion of the Property that lies directly beneath a Home. Declarant expressly reserves the right as to the Property to (i) commence construction and development of the Property if and when Declarant desires; (ii) develop the Property upon such...
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Related to DESCRIPTION OF LAKESIDE LANDING

  • General The Trustee shall keep proper books of record and account of all the transactions of each Trust under this Indenture at its corporate trust office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be open to inspection by any Unit holder of such Trust at all reasonable times during the usual business hours. The Trustee shall make such annual or other reports as may from time to time be required under any applicable state or federal statute or rule or regulations thereunder.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Notice Any notice required or permitted to be given by either party to the other shall be deemed sufficient if sent by registered or certified mail, postage prepaid, addressed by the party giving notice to the other party at the last address furnished by the other party to the party giving notice: if to the Issuer, at 00 Xxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx, and if to Distributors, at 00 Xxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx.

  • Definitions For purposes of this Agreement:

  • Limitation of Liability No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

  • Amendments This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

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