PHASED DEVELOPMENT. 15.1 The Seller reserves to itself, and to its successors in title as Developer, all such rights as are provided for in section 25 of the STA, to erect and complete a phased development on the Land from time to time, but no later than 15 (fifteen) years from the date of opening of the Sectional Title Register, for its personal account.
PHASED DEVELOPMENT. 16.1 The Purchaser is made aware that the Scheme is a phased development and the Property forms part of a particular phase. The Purchaser agrees that initially, prior to completion of the entire Scheme, the phase in which the Property is located (along with all other completed phases, if any) will be a stand-alone Housing Development Scheme (as referred to in the Retired Person’s Act), on the condition that adequate health care facilities are provided to the Nominated Occupant(s).
16.2 In accordance with the phased nature of the Scheme, the Purchaser acknowledges that the Seller will be reserving a real right of extension of the Scheme as envisaged in section 25(1) of the Sectional Titles Act by the erection and completion from time to time but within a period of 5 (FIVE) years from date of opening of the Sectional Title Register, for its own account further buildings on a part of the Common Property and to divide such buildings into sections and common property and to confer the right to exclusive use over parts of such common property upon the owner or owners of one or more of such sections. In the event that the Seller’s construction activities are delayed due to government lockdown regulations or the insolvency of contractors and/or any other unforeseen circumstance(s) which are out of the control of the Seller, the Purchaser hereby consents to an extension of the validity of Seller’s real right of extension by no more than 2 (TWO) years.
16.3 The Purchaser acknowledges this clause to constitute proper notice as is required in terms of section 25(14) of the Sectional Titles Act and hereby consents to such extensions aforesaid being carried out.
16.4 In event of such right of extension being exercised by the Seller or its successors-in-title and due to changed circumstances making strict compliance with the Sectional Plan, Building Plans and other documentation and specifications as is referred to in section 25(2) of the Sectional Titles Act impracticable, commercially unfeasible and/or financially inefficient, then the Purchaser consents to such changes/amendments as may be necessitated due to such circumstances within the sole discretion of the Seller or its successors-in-title.
16.5 The Seller's contractors shall be entitled to all such access to completed phases, and sections and Common Property therein, as it may require in respect of the development of later phases, which rights of access shall include the rights to construct and lay pipelines, se...
PHASED DEVELOPMENT. The Purchaser acknowledges that The Gates is to be developed in phases at the sole discretion of the developer. The developer may incorporate additional land in The Gates.
PHASED DEVELOPMENT. 17.1 The Seller reserves to itself, and to its successors in title , all such rights as are provided for in Section 25 of the Sectional Titles Act, to erect and complete a phased development on the Land from time to time, by not later than 50 (Fifty) years from the date of opening of the Sectional Title Register, for its personal account. The phased development may consist of a further Building or Buildings, a horizontal extension of an existing Building, or a vertical extension of an existing Building. The Seller shall be entitled to divide such Buildings into a section or sections and Common Property and to confer the right of exclusive use over parts of such Common Property upon the owner or owners of one or more such sections. After completion of the extension to the Scheme as aforementioned, the participation quotas of all the Sections in the Scheme will be recalculated in accordance with the provisions of Section 32 of the Sectional Titles Act.
17.2 From the date of the establishment of the Body Corporate to the date of registration of the Sectional Plan in respect of the extension envisaged in Clause 17.1, the Seller shall be responsible for the upkeep, control, management and administration of that portion of the Common Property upon which such additional Buildings or extension of existing Buildings are to be erected.
17.3 The right of the Seller reserved in terms of this Clause may be exercised by the Seller or its successors in title to such right even though the Seller or such successors in title, as the case may be, provided that the exercise of such right is in accordance with the Sectional Titles Act.
PHASED DEVELOPMENT. Developer intends to develop the Property in phases. Portions of the Property not under active development may remain in use as income- producing agricultural lands or as open space land.
PHASED DEVELOPMENT. This sale is subject to the following special conditions, which will be imposed by the Developer in terms of Section 11(2) of the Act: The developer, in terms of section 25 of the Act, hereby reserves for itself the real right to extend, for its personal account, the scheme by the erection and completion from time to time but within a period of 30 years:
PHASED DEVELOPMENT. The Purchaser acknowledges that he is aware that the Seller may decide to develop the scheme in phases, by erecting and completing, from time to time, further buildings on specified parts of the common property, to divide such buildings into sections and common property and confer the right of exclusive use over parts of such common property upon the owner or owners of one or more of such sections and to reserve its right in this regard in accordance with provisions of section 25(1) of the Act.
PHASED DEVELOPMENT. The Project may be developed in phases over time. Owner may change the phase of development from time to time in response to market conditions or other factors. Phases may be developed concurrently.
PHASED DEVELOPMENT. If the plat is a phase of a multi-phased preliminary plat, the City may refuse to approve final plats of subsequent phases if the Developer has breached this contract and the breach has not been remedied. Development of subsequent phases may not proceed until development contracts for such phases are approved by the City. Park charges and special assessments for sewer and water referred to in this contract are not being imposed on outlots, if any, in the plat that are designated in an approved preliminary plat for future subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are final platted into lots and blocks.
PHASED DEVELOPMENT. This sale is subject to the following special condition which is imposed by the Seller in terms of Section 11(2) of Act 95/1986: The Seller, in terms of Section 25 of Act 95/1986, hereby reserves for itself the real right to extend, for its personal account, the Scheme by the erection and completion from time to time but within a period of 20 (twenty) years of:
a) a further building or buildings,
b) a horizontal extension of an existing building or buildings and
c) a vertical extension of existing buildings on that part of the common property outlined on the Site Plan, to divide such building or buildings into a section or sections and common property and to confer the right of exclusive use over parts of such common property upon the owner or owners of one or more of such sections in the Scheme.
