Common use of Rescission of Agreement Clause in Contracts

Rescission of Agreement. (a) In the event that the Development Agreement is not registered within one (1) year from the date hereof, then the Town may, at its option and on one (1) months’ notice in writing to the Developer, declare this Agreement null and void and may Register against the title to the Lands included within the Development Plan a notice to that effect.

Appears in 7 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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