Subdivision Standards. Except as set forth on WP Disclosure Schedule Section 4.8(d), to the knowledge of the WP Partners and the WP Entities, the developed WP Owned Real Property and all lots included therein conform in all material respects to the appropriate Governmental Authority's subdivision standards, subdivision maps and any conditions of approval or recordation thereof and there is no material impediment to subdivision approval or issuance and recordation of subdivision maps for the undeveloped WP Owned Real Property, such approval to allow development of the undeveloped WP Owned Real Property for construction and sale of single-family homes, townhomes and/or condominiums at the density and materially in the manner currently anticipated by any of the WP Entities.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Schuler James K), Agreement and Plan of Reorganization (Apollo Real Estate Investment Fund L P/Ny), Agreement and Plan of Reorganization (Schuler James K)
