IMPROVEMENT TO THE PROPERTY Sample Clauses

IMPROVEMENT TO THE PROPERTY. 10.1 The Purchaser acknowledges that it is necessary for the Seller to impose specific conditions relating to the improvement of the property in respect of, inter alia, the time period for the commencement of improvements, the design, construction and materials to be used. 10.2 The Purchaser shall not be entitled to effect any improvements of whatever nature to the property until registration of transfer thereof into the Purchaser’s name, without the prior written consent of the Seller and the Homeowners’ Association. In the event of the Purchaser being granted consent by the Seller to make improvements to the property prior to registration of transfer, the Purchaser shall do so entirely at his own risk. In the event of this agreement being terminated for any reason whatsoever, the Purchaser shall: 10.1 have no claim against the Seller for any compensation whatsoever in respect of such improvement which shall be forfeited to the Seller; 10.2 in the event of any damage to the property, at the instance of the Seller, return the Property to its original condition, within 14 (Fourteen) days of written demand. 10.3 The Purchaser shall be obliged to complete the construction of a dwelling on the property within 30 (Thirty) months from date of registration of transfer from the Developer to the Purchaser. 10.4 Regardless of when the Purchaser commences construction of any sort on the Property, he shall be obliged to complete construction of the dwelling within a period of 15 (Fifteen) consecutive months from the date of commencement of building such dwelling, provided that the date of completion does not exceed the overall period provided for in clause 10.3. 10.5 Where the Purchaser fails to comply with the time periods referred to in 10.3 and 10.4, the following penalties will apply: 10.5.1 where construction of a dwelling is not completed within 30 (Thirty) months from date of registration of transfer from the Developer to the Purchaser, a monthly “building penalty levy”, equivalent to 50% (Fifty Percent) of the monthly Homeowners’ Association Levy at that time, will be added to the said monthly Homeowners’ Association Levy until the dwelling is complete or until the expiry of 6 (Six) months; 10.5.2 where construction of a dwelling is still not completed within the further 6 (Six) months referred to in clause 10.5.1 (i.e. a total of 36 (Thirty Six) months from date of registration of transfer from the Developer to the Purchaser), a “building penalty levy”, equiv...
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IMPROVEMENT TO THE PROPERTY. 10.1 The Purchaser acknowledges that it is necessary for the Developer to impose specific conditions relating to the improvement of the property in respect of, inter alia, the time period for the commencement of improvements, the design, construction and materials to be used. 10.2 The Purchaser shall not be entitled to effect any improvements of whatever nature to the property without the prior written consent of the Homeowners’ Association. 10.3 Should the purchaser effect any improvements or alterations to the dwelling on the property, the Purchaser undertakes to ensure that the Architectural Requirements and Guidelines set out in Annexure “LA” hereto, and the Landscaping Guidelines set out in Annexure “LB”, or such other guidelines and controls as may be approved by the Homeowners’ Association from time to time, are strictly adhered to. 10.4 No additional dwellings or structures of any sort whatsoever may be erected on the property unless the Purchaser: 10.4.1 first obtains the prior written consent of the Homeowners’ Association; 10.4.2 obtains the requisite approval from the relevant local authority or where necessary, any other competent authority; 10.4.3 uses designs from the selection of designs relating to the dwellings or structures to be erected within the Estate as may from time to time be prepared or drawn by the architect, or may at the Purchaser’s cost engage the services of one of the panel architects referred to in clause 1.1 above, to design a new plan. 10.5 Any Purchaser wishing to improve his property or make any structural alterations thereto, shall submit to the Homeowners’ Association the following documentation in order for it to grant approval: 10.5.1 a site diagram of the property on which it is clearly indicated the position of any existing structures and any additional structures to be erected and such structures’ external boundaries/walls; 10.5.2 a detailed building plan of all additions to be erected on the property; 10.5.3 building plans on which is detailed all elevations of the structures concerned; 10.5.4 a schedule of all external finishes to the additional structures; 10.5.5 a schedule detailing the materials or items to be used in the construction of the additional structures; 10.5.6 the Homeowners’ Association ’s prescribed fee as may be determined by it from time to time. 10.6 Any building plans referred to in Clause 10.5 shall be drawn by the architect to scale as directed by the Homeowners’ Association and shall com...
IMPROVEMENT TO THE PROPERTY. 10.1 The Purchaser acknowledges that it is necessary for the Seller to impose specific conditions relating to the improvement of the property in respect of, inter alia, the time period for the commencement of improvements, the design, construction and materials to be used. 10.2 The Purchaser shall not be entitled to effect any improvements of whatever nature to the property until registration of transfer thereof into the Purchaser’s name, without the prior written consent of the Seller and the Homeowners’ Association. In the event of the Purchaser being granted consent by the Seller to make improvements to the property prior to registration of transfer, the Purchaser shall do so entirely at his own risk. In the event of this agreement being terminated for any reason whatsoever, the Purchaser shall: 10.2.1 have no claim against the Seller for any compensation whatsoever in respect of such improvement which shall be forfeited to the Seller;

Related to IMPROVEMENT TO THE PROPERTY

  • Leasehold Improvements a. Tenant accepts the Premises “AS IS” without any agreements, representations, understandings or obligations on the part of Landlord to perform any alterations, repairs or improvements except as expressly set forth in this Lease. ADDITIONALLY, EXCEPT AS EXPRESSLY SET FORTH IN THIS LEASE, LANDLORD MAKES NO WARRANTIES, EXPRESS OR IMPLIED, AND ALL IMPLIED WARRANTIES WITH RESPECT TO THE PREMISES, INCLUDING WITHOUT LIMITATION THOSE OF SUITABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE HEREBY EXPRESSLY NEGATED AND WAIVED. b. Tenant agrees that it will make no exterior or structural alterations or additions to the Premises nor post or attach or affix to the exterior of the Premises, any signs, air conditioners or other objects without memorializing such proposed alterations, attachments, or fixtures in a Tenant work letter (in form acceptable to Landlord) and obtaining Landlord’s prior written consent to same. Notwithstanding the foregoing, Tenant shall have the right to make interior, non-structural alterations to the Premises without Landlord’s consent, so long as such alterations do not (i) affect the structure or electrical, plumbing, or mechanical systems of the Premises; or (ii) decrease the value of the Premises. Tenant shall be responsible for the cost of such alterations or signs. Tenant shall have the right to install its trade fixtures and equipment in, upon and about the Premises; provided, however, that Tenant shall remove the same on or before the expiration of this Lease, and if so requested by Landlord, promptly after any termination of this Lease; and provided, further, that Tenant shall promptly thereafter repair all damage caused to the Premises by reason of such installation or removal. c. Tenant shall indemnify and hold Landlord harmless from and against all costs (including reasonable attorneys’ fees and costs of suit), losses, liabilities, or causes of action arising out of or relating to any alterations, additions or improvements made by Tenant to the Premises, including, but not limited to, work not completed in a workmanlike manner and any contractor’s, mechanics’ or materialman’s liens asserted in connection therewith. This indemnification obligation shall survive the Term of this Lease. d. Should any contractor’s, mechanic’s or other liens be filed against any portion of the Premises by reason of Tenant’s acts or omissions or because of a claim against Tenant, Tenant shall cause the same to be canceled or discharged of record by bond or otherwise within thirty (30) days after notice by Landlord. If Tenant shall fail to cancel or discharge said lien or liens, within said thirty (30) day period, Landlord may, at its sole option, cancel or discharge the same and upon Landlord’s demand, Tenant shall promptly reimburse Landlord for all reasonable costs incurred in canceling or discharging such liens, including attorney fees in connection with same.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.

  • School Improvement The parties do hereby mutually agree that the school improvement process currently in effect will continue. Any plan developed by the committees shall not be in conflict with the master agreement or board policy.

  • Development of the Property Except as modified by this Agreement, the Development and the Property will be developed in accordance with all applicable local, state, and federal regulations, including but not limited to the City’s ordinances and the zoning regulations applicable to the Property, and such amendments to City ordinances and regulations that that may be applied to the Development and the Property under Chapter 245, Texas Local Government Code, and good engineering practices (the “Applicable Regulations”). If there is a conflict between the Applicable Regulations and the Development Standards, the Development Standards shall control.

  • REPAIRS AND IMPROVEMENTS 14.1 Prior to registration of transfer, the Purchaser shall not be entitled to effect any alterations to the Property without the prior written consent of the Seller. 14.2 The Seller shall not be obliged to compensate the Purchaser for any authorised alteration effected in the event of the sale being cancelled. 14.3 The Purchaser shall be liable for any damages suffered by the Seller as a result of any alterations effected by the Purchaser, not authorised by the Seller.

  • Landlord Improvements Landlord shall substantially complete the Landlord Improvements prior to Tenant’s taking occupancy of the Expansion Space. Landlord shall use commercially reasonable efforts to complete the Landlord Improvements by May 1, 2014. “Substantial Completion” shall mean the Landlord Improvements have been constructed in material accordance with the above referenced drawing, save and except for minor “punch list” items such that Tenant can occupy the Expansion Space and conduct its business, Landlord has obtained all approvals from the applicable governmental authorities for the legal occupancy of the Expansion Space and Landlord has delivered possession of the Expansion Space to Tenant in the required condition, which date is currently anticipated to be May 1, 2014. Upon Substantial Completion, Landlord shall deliver possession of the Expansion Space to Tenant in good, vacant, broom clean condition, with all building systems in good working order and the roof water-tight, and in compliance with all laws applicable to Landlord or Tenant. In the event that construction of the Landlord Improvements is not substantially completed by May 1, 2014, then the Expansion Space Commencement Date shall be automatically amended to be that date the Expansion Space is delivered to Tenant with the Landlord Improvements substantially complete. Upon Substantial Completion of the Landlord Improvements, Landlord shall give Tenant (i) written notice (“Notice of Completion”) that the Expansion Space are ready for occupancy. Within seven (7) days following Landlord’s giving of the Notice of Completion, Landlord and Tenant shall meet at a mutually convenient time to perform a walk-through of the Expansion Space to inspect the Landlord Improvements and to prepare a punch list of minor items needing correction and Landlord shall promptly cause such items to be corrected.

  • Improvements The buildings, structures, fixtures, additions, enlargements, extensions, modifications, repairs, replacements and improvements now or hereafter erected or located on the Land (collectively, the “Improvements”);

  • Building and Improvements Lessor shall obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor, with loss payable to Lessor and to any Lender(s), insuring against loss or damage to the Premises. Such insurance shall be for full replacement cost, as the same shall exist from time to time, or the amount required by any Lender(s), but in no event more than the commercially reasonable and available insurable value thereof if, by reason of the unique nature or age of the improvements involved, such latter amount is less than full replacement cost. Lessee-Owned Alterations and Utility Installations, Trade Fixtures and Lessee's personal property shall be insured by Lessee pursuant to Paragraph 8.

  • Tenant's Improvements If the Lessor is the Insuring Party, the Lessor shall not be required to insure Lessee Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease. If Lessee is the Insuring Party, the policy carried by Lessee under this Paragraph 8.3 shall insure Lessee Owned Alterations and Utility Installations.

  • ALTERATIONS & IMPROVEMENTS Tenant shall not make any alterations, additions or improvements or do any type of construction to the Property without first obtaining Landlord's written consent. Unless prior written agreement is reached between Tenant and Landlord, any such alterations, additions, improvements or construction shall become part of the Property and shall remain at the expiration of Tenant's Lease term. If Landlord approves of alterations, additions, improvements or construction in writing and Tenant intends to use contractors to undertake such work, the contractors must first be approved in writing by Landlord. Tenant must also place any funds to cover the amount of any alterations, additions, improvements or construction in an escrow account approved by Landlord before the commencement of the work. Landlord shall designate the times and manner of the work being done, exclusively.

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