Secondary Education Contribution payable to the County Council Sample Clauses

Secondary Education Contribution payable to the County Council. 2.1. The Owners covenant with the County Council to pay the Secondary Education Contribution to the County Council in accordance with the following:- 2.1.1. prior to the Occupation of 10% of the Dwellings forming part of the Development, the Owners shall pay 50% of the Secondary Education Contribution to the County Council; 2.1.2. prior to the Occupation of 50% of the Dwellings forming part of the Development, the Owners shall pay the remaining 50% of the Secondary Education Contribution to the County Council; and 2.1.3. the Owners further covenant that no more than 9% of the Dwellings shall be Occupied until 50% of the Secondary Education Contribution shall have been paid to the County Council AND no more than 49% of the Dwellings shall be Occupied until the whole of the Secondary Education Contribution shall have been paid to the County Council.
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