Subdivision Plan Clause Samples

The Subdivision Plan clause outlines the requirements and procedures for dividing a larger parcel of land into smaller lots or units. Typically, it specifies the need for preparing and submitting a detailed plan to relevant authorities, including information such as lot boundaries, access roads, and utility provisions. This clause ensures that the subdivision process is conducted in compliance with legal and regulatory standards, thereby facilitating orderly development and preventing disputes over land use or ownership.
Subdivision Plan. This contract is subject to the buyer’s satisfaction with a review of a subdivision plan for the Property before . m. on , 20 (Condition Day). The seller will cooperate by providing a true copy of the subdivision plan.
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Subdivision Plan. Seller shall have recorded the New Subdivision Plan with the Norfolk, Massachusetts Registry of Deeds.
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Subdivision Plan. Developer plans to subdivide the Property to create residential lots. The subdivision shall contain such domestic water infrastructure as to allow for delivery of domestic water to each residential lot created. A map showing the planned subdivision is attached as Exhibit “B.”
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Subdivision Plan. 20.1 As soon as practical after the date of this Agreement, the Vendor will at the Vendor's cost: (a) Prepare the subdivision plan; (b) Comply with any statutory or other lawful requirements of the Territorial Authority relating to the development; (c) Obtain approval of the subdivision plan by the Territorial Authority and LINZ; and (d) Deposit the subdivision plan and take all other steps necessary to obtain a separate title for the Property; (together referred to as the "development") 20.2 The Vendor will: (a) Use its best endeavours and do all things reasonably required to ensure the deposit of the subdivision plan at LINZ at the earliest possible date; (b) Complete any works required as a condition of any Resource Consent in a proper and workmanlike manner and, subject to the provisions of this agreement, substantially in accordance with the resource consents and the scheme plan; and (c) Fence any newly created boundaries along the Boundaries of the Property with a suitable rural stock fence suitable for the fencing in of sheep.
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Subdivision Plan. ‌ 1. The Developer shall at their own expense cause a Plan of Subdivision of the Said Lands, to be prepared and approved by the City and all other necessary approving authorities and in accordance with the law in that respect and in accordance with the requirements imposed upon the Developer by the City. Should the Developer propose to amend, change or phase the subdivision of Said Lands, an amendment to the Development Agreement will be required. 2. For the purposes hereof, approval of the plan of subdivision shall be deemed to have been obtained by the signing of the final Plan of Subdivision by the General Manager of Planning and Infrastructure of the City or their designate. 3. Forthwith upon approval of the Plan of Subdivision of the Said Lands, the Developer shall cause the same to be registered at the Land Titles Office for the Northern Alberta Land Registration District.
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Subdivision Plan. The Developer shall or has at his own expense cause a Plan of Subdivision of the Said Lands, or a portion thereof, to be prepared and approved by the City and all other necessary approving authorities and in accordance with the law in that respect and in accordance with the requirements imposed upon the Developer by the City.
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Subdivision Plan. 1) After approval or exemption of the Tentative Plan, a request for Subdivision Plan approval shall be submitted to the Development Officer, along with four (4) paper copies and a digital Adobe PDF copy of the Subdivision Plan prepared in accordance with the following requirements: a. Consistent with the approved Tentative Subdivision Plan; b. Containing details outlined in Section 84(3) of the Act and Schedule 2 of this By-law, where applicable. c. Marked “Subdivision Plan”; d. Signed by the owner of the land in the subdivision or a person who is an authorized agent of the owner with a copy of a written authorization of the owner; e. Certified as correct and sealed by a New Brunswick Land Surveyor; f. Drawn to a scale and size approved by the Development Officer 2) The Development Officer shall not approve a Subdivision Plan until the following steps have been completed, where applicable: a. Development Officer issued Tentative Subdivision Plan approval; b. The Town Engineer and/or applicable Provincial government agency (e.g.: New Brunswick Department of Justice and Public Safety, New Brunswick Department of Environment and Local Government, Department of Transportation and Infrastructure) issued approval of Engineering construction drawings, details, construction cost estimates and design briefs; c. Securities have been submitted to the Town to the satisfaction of the Planning and Compliance Department, and Engineering & Public Works Department; d. The following agreements between the Developer and the Town have been signed and executed in accordance with Town of Oromocto Subdivision Development Manual requirements: i. Consultant Agreement; ii. Developer Agreement; iii. Works and Services Agreement; and
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Related to Subdivision Plan

  • Subdivision and Combination In case the Company shall at any time subdivide or combine the outstanding shares of Common Stock, the Exercise Price shall forthwith be proportionately decreased in the case of subdivision or increased in the case of combination.

  • Subdivision Landlord reserves the right to further subdivide all or a portion of the Project. Tenant agrees to execute and deliver, upon demand by Landlord and in the form requested by Landlord, any additional documents needed to conform this Lease to the circumstances resulting from such subdivision.

  • Subdivisions If after the date hereof, and subject to the provisions of Section 4.6 hereof, the number of issued and outstanding Ordinary Shares is increased by a share dividend payable in Ordinary Shares, issuance of Ordinary Shares by way of capitalization of reserves from a share premium account or capital redemption reserve or by a sub-division of Ordinary Shares or other similar event, then, on the effective date of such share dividend, capitalization, sub-division or other similar event, the number of Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in the issued and outstanding Ordinary Shares. A rights offering to holders of the Ordinary Shares entitling holders to purchase Ordinary Shares at a price less than the “Fair Market Value” shall be deemed a share dividend of a number of Ordinary Shares equal to the product of (i) the number of Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Ordinary Shares) multiplied by (ii) one (1) minus the quotient of (x) the price per Ordinary Share paid in such rights offering divided by (y) the Fair Market Value. For purposes of this Section 4.1.1, if the rights offering is for securities convertible into or exercisable for Ordinary Shares, in determining the price payable for such Ordinary Shares, there shall be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion. “Fair Market Value,” means the 10-Day Average Closing Price as of the first (1st) date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. Notwithstanding anything to the contrary herein, no Ordinary Shares shall be issued at less than their par value.

  • Local Subdivision Contribution The Recipient shall, at a minimum, contribute to the Project (the "Local Subdivision Contribution") the Local Subdivision Participation Percentage as set forth in Appendix D of this Agreement. The Local Subdivision Contribution to the Project shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project as defined and described in Appendix A of this Agreement.

  • Subdivision or Combination of Common Stock If the Company at any time subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the shares of Common Stock acquirable hereunder into a greater number of shares, then, after the date of record for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company at any time combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the shares of Common Stock acquirable hereunder into a smaller number of shares, then, after the date of record for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionately increased.