Common use of NOTICE AND WARNING CLAUSES Clause in Contracts

NOTICE AND WARNING CLAUSES. 24. The Purchaser hereby confirms that the Purchaser has been advised of the matters set out in the Schedule attached to this Agreement titled “Warning Clauses and Notice Provisions”. The Purchaser acknowledges that the Subdivision Agreements and any subsequent agreements to be entered into or registered between the Vendor and the Municipality or any other applicable party may require the Vendor to provide the Purchaser with certain notices or warnings including, without limiting the generality of the foregoing, notices or warnings regarding the usage of the Real Property, environmental issues, noise levels from adjacent roadways or otherwise, maintenance of municipal fencing, school transportation and related educational issues, and the status of services and works in the Subdivision. The Purchaser acknowledges and agrees that as a result of the plan of subdivision not yet being registered, if that is the case, the Vendor may be unable, at this time, to provide the Purchaser with all such notices and warnings. After all required notices and warnings are available, a copy thereof shall be sent to the Purchaser as a notice in the manner set out in this Agreement and such transmittal shall constitute acknowledgment of receipt of a copy thereof and the Purchaser irrevocably designates the Vendor as its attorney and/or agent to execute and deliver on the Purchaser’s behalf to the Municipality or any other applicable party any required acknowledgments with respect thereto. On or before Closing, the Purchaser shall, if required by the Vendor, forthwith execute upon request from the Vendor or its solicitors an acknowledgment or amendment to this Agreement containing the required notices and warning clauses, failing which the Purchaser shall be in default under this Agreement.

NOTICE AND WARNING CLAUSES. 24. The Purchaser hereby confirms that the Purchaser has been advised of the matters set out in the Schedule attached to this Agreement titled “Warning Clauses and Notice Provisions”29. The Purchaser acknowledges that the Subdivision Agreements and any subsequent and/or future development agreements to be entered into or registered between the Vendor and the Municipality or any other applicable party may require the Vendor to provide the Purchaser with certain notices or warnings including, without limiting the generality of the foregoing, notices or warnings regarding the usage use of the Real Property, environmental issues, noise levels from adjacent roadways or otherwise, maintenance of municipal fencing, school transportation and related educational issues, and the status of services and works in the SubdivisionDevelopment. The Purchaser acknowledges and agrees that as a result of the plan of subdivision not yet being registered, if that is the case, the Vendor may be unable, at this time, to provide the Purchaser with all such notices and warnings. After On or before Closing, the Purchaser shall forthwith execute upon request an acknowledgment or amendment to this Agreement containing the required notices and warning clauses. The Purchaser acknowledges and agrees that the Vendor may be unable to sell the Real Property to the Purchaser unless the Purchaser executes such acknowledgments or amendments as aforesaid. In the event that the Purchaser fails to execute such acknowledgments or amendments forthwith upon being requested to do so, the Vendor shall be entitled, at its sole option, to terminate this Agreement and upon such termination, all monies paid to the Vendor hereunder shall be forfeited to the Vendor and this Agreement shall be at an end, and the Purchaser shall not have any further rights hereunder. Alternatively, at the sole discretion of the Vendor, after all required notices and warnings are available, a copy thereof shall may be sent to the Purchaser as a notice in the manner set out in this Agreement and such transmittal shall constitute acknowledgment of receipt of a copy thereof and the Purchaser irrevocably designates the Vendor as its attorney and/or agent to execute and deliver on the Purchaser’s his behalf to the Municipality or any other applicable party any required acknowledgments with respect thereto. On or before ClosingWithout limiting the generality of the foregoing, the Purchaser shall, if required by acknowledges being advised of the Vendor, forthwith execute upon request from the Vendor or its solicitors an acknowledgment or amendment notices and restrictions as set out in Schedule “D” to this Agreement containing the required notices of Purchase and warning clauses, failing which the Purchaser shall be in default under this AgreementSale.

NOTICE AND WARNING CLAUSES. 24. The Purchaser hereby confirms that the Purchaser has been advised of the matters set out in the Schedule attached to this Agreement titled “Warning Clauses and Notice Provisions”. The Purchaser acknowledges that the Subdivision Agreements existing and/or future development agreements and any subsequent agreements to be entered into or registered between the Vendor and the Municipality or any other applicable party may require the Vendor to provide the Purchaser with certain notices or warnings including, without limiting the generality of the foregoing, notices or warnings regarding the usage use of the Real Property, environmental issues, noise levels from adjacent roadways or otherwise, maintenance of municipal fencing, school transportation and related educational issues, and the status of services and works in the Subdivisionsubdivision. The Purchaser acknowledges and agrees that as a result of the plan of subdivision not yet being registered, if that is the case, the Vendor may be unable, at this time, to provide the Purchaser with all such notices and warnings. After all required notices and warnings are available, a copy thereof shall be sent to the Purchaser as a notice in the manner set out in this Agreement and such transmittal shall constitute acknowledgment of receipt of a copy thereof and the Purchaser irrevocably designates the Vendor as its attorney and/or agent to execute and deliver on the Purchaser’s behalf to the Municipality or any other applicable party any required acknowledgments with respect thereto. On or before Closing, the Purchaser shall, if required by the Vendor, shall forthwith execute upon request from the Vendor or its solicitors an acknowledgment or amendment to this Agreement containing the required notices and warning clauses. The Purchaser acknowledges and agrees that the Vendor may be unable to sell the Real Property to the Purchaser unless the Purchaser executes such acknowledgments or amendments as aforesaid. In the event that the Purchaser fails to execute such acknowledgments or amendments forthwith upon being requested to do so, failing which the Vendor shall be entitled, at its sole option, to terminate this Agreement and upon such termination, all monies paid to the Vendor hereunder shall be forfeited to the Vendor and this Agreement shall be at an end, and the Purchaser shall be not have any further rights hereunder. Without limiting the generality of the foregoing, the Purchaser acknowledges being advised of the notices restrictions as set out in default under Schedule “G” and Schedule “H” to this AgreementAgreement of Purchase and Sale.

NOTICE AND WARNING CLAUSES. 24. The Purchaser hereby confirms that the Purchaser he has been advised of the matters set out in the Schedule “D” attached to this Agreement titled “Warning Clauses and Notice Provisions”. The Purchaser acknowledges that the Subdivision Agreements and any subsequent agreements to be entered into or registered between the Vendor and the Municipality or any other applicable party may require the Vendor to provide the Purchaser with certain notices or warnings including, without limiting the generality of the foregoing, notices or warnings regarding the usage of the Real Property, environmental issues, noise levels from adjacent roadways or otherwise, maintenance of municipal fencing, school transportation and related educational issues, and the status of services and works in the Subdivision. The Purchaser acknowledges and agrees that as a result of the plan of subdivision not yet being registered, if that is the case, the Vendor may be unable, at this time, to provide the Purchaser with all such notices and warnings. After all required notices and warnings are available, a copy thereof shall be sent to the Purchaser as a notice in the manner set out in this Agreement and such transmittal shall constitute acknowledgment of receipt of a copy thereof and the Purchaser irrevocably designates the Vendor as its attorney and/or agent to execute and deliver on the Purchaser’s his behalf to the Municipality or any other applicable party any required acknowledgments with respect thereto. On or before Closingthe Closing Date, the Purchaser shall, if required by the Vendor, forthwith execute upon request from the Vendor or its solicitors an acknowledgment or amendment to this Agreement containing the required notices and warning clauses, failing which the Purchaser shall be in default under this Agreement.

NOTICE AND WARNING CLAUSES. 24. The Purchaser hereby confirms that the Purchaser has been advised of the matters set out in the Schedule attached to this Agreement titled “Warning Clauses and Notice Provisions”. The Purchaser acknowledges that the Subdivision Agreements existing and/or future development agreements and any subsequent agreements to be entered into or registered between the Vendor and the Municipality or any other applicable party may require the Vendor to provide the Purchaser with certain notices or warnings including, without limiting the generality of the foregoing, notices or warnings regarding the usage use of the Real Property, environmental issues, noise levels from adjacent roadways or otherwise, maintenance of municipal fencing, school transportation and related educational issues, and the status of services and works in the Subdivisionsubdivision. The Purchaser acknowledges and agrees that as a result of the plan of subdivision not yet being registered, if that is the case, the Vendor may be unable, at this time, to provide the Purchaser with all such notices and warnings. After all required notices and warnings are available, a copy thereof shall be sent to the Purchaser as a notice in the manner set out in this Agreement and such transmittal shall constitute acknowledgment of receipt of a copy thereof and the Purchaser irrevocably designates the Vendor as its attorney and/or agent to execute and deliver on the Purchaser’s behalf to the Municipality or any other applicable party any required acknowledgments with respect thereto. On or before Closing, the Purchaser shall, if required by the Vendor, shall forthwith execute upon request from the Vendor or its solicitors an acknowledgment or amendment to this Agreement containing the required notices and warning clauses. The Purchaser acknowledges and agrees that the Vendor may be unable to sell the Real Property to the Purchaser unless the Purchaser executes such acknowledgments or amendments as aforesaid. In the event that the Purchaser fails to execute such acknowledgments or amendments forthwith upon being requested to do so, failing which the Vendor shall be entitled, at its sole option, to terminate this Agreement and upon such termination, all monies paid to the Vendor hereunder shall be forfeited to the Vendor and this Agreement shall be at an end, and the Purchaser shall be not have any further rights hereunder. Without limiting the generality of the foregoing, the Purchaser acknowledges being advised of the notices restrictions as set out in default under Schedule “G” to this AgreementAgreement of Purchase and Sale.