Common use of PHASED DEVELOPMENT Clause in Contracts

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:

Appears in 3 contracts

Samples: Contract of Sale, Contract of Sale, Contract of Sale

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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 , namely, 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:

Appears in 1 contract

Samples: Contract of Sale

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