Common use of SUBDIVISION AGREEMENT Clause in Contracts

SUBDIVISION AGREEMENT. The purpose of this Agreement is to allow the Developer to commence Pre-Servicing Works on the Lands as a preliminary step in the development of the Plan Lands prior to the registration of the M-Plan for subdivision of the Lands. Notwithstanding, the Developer acknowledges that the Municipality will not approve the release of the Lands for the registration of a plan of subdivision, or for any phase thereof, until such time as the Developer has entered into a Subdivision Agreement which, in addition to other matters, will address all remaining conditions of the draft plan approval and the completing of the Pre-Servicing Works.

SUBDIVISION AGREEMENT. The purpose of this Agreement is to allow the Developer to commence Pre-Servicing Works on the Lands as a preliminary step in the development of the Plan Lands prior to the registration of the M-Plan for subdivision of Subdivision Agreement on the Lands. Notwithstanding, the Developer acknowledges that the Municipality will not approve the release of the Lands for the registration of a plan of subdivision, or for any phase thereof, until such time as the Developer has entered into a Subdivision Agreement which, in addition to other matters, will address all remaining conditions of the draft plan approval and the completing of the Pre-Servicing Works.