Common use of The Land Use Clause in Contracts

The Land Use. Right Holder shall start the development construction in accordance with this Contract. The following condition will be deemed as land idling, and the Assignor has the right to request the Land Use Right Holder for idle land fees: the development is not started over one year after the due start date, or the area of the actual developed land accounts for less than one third of that of the specified developed area, or the real investment amount accounts for less than 25% of the total amount, and there is no approval for one-year continuous suspension for construction from the County Government or the administrative department of land and resources. The Assignor and the Land Use Right Holder agree that, idle land fees of the land under the Contract shall account for 5% of the total fees for transfer of the land use rights, namely RMB TWO HUNDRED SEVENTY SEVEN THOUSAND THREE HUNDRED FORTY ONE (277,341 Yuan); when the development is not started over two years after the due start date, the Assignor can withdraw the land for free, unless the development is delayed by force majeure, by actions of the government or government departments, or by the preparation work necessary for starting the development.

The Land Use. Right Holder shall start the development construction in accordance with this Contract. The following condition will be deemed as land idling, and the Assignor has the right to request the Land Use Right Holder for idle land fees: the development is not started over one year after the due start date, or the area of the actual developed land accounts for less than one third of that of the specified developed area, or the real investment amount accounts for less than 25% of the total amount, and there is no approval for one-year continuous suspension for construction from the County Government or the administrative department of land and resources. The Assignor and the Land Use Right Holder agree that, idle land fees of the land under the Contract shall account for 5% of the total fees for transfer of the land use rights, namely RMB TWO SIX HUNDRED SEVENTY AND THIRTY ONE THOUSAND FIVE HUNDRED AND EIGHTY SEVEN THOUSAND THREE HUNDRED FORTY ONE (277,341 631,587 Yuan); when the development is not started over two years after the due start date, the Assignor can withdraw the land for free, unless the development is delayed by force majeure, by actions of the government or government departments, or by the preparation work necessary for starting the development.

The Land Use. Right Holder shall start the development construction in accordance with this Contract. The following condition will be deemed as land idling, and the Assignor has the right to request the Land Use Right Holder for idle land fees: the development is not started over one year after the due start date, or the area of the actual developed land accounts for less than one third of that of the specified developed area, or the real investment amount accounts for less than 25% of the total amount, and there is no approval for one-year continuous suspension for construction from the County Government or the administrative department of land and resources. The Assignor and the Land Use Right Holder agree that, idle land fees of the land under the Contract shall account for 5% of the total fees for transfer of the land use rights, namely RMB TWO SIX HUNDRED SEVENTY FIFTY SEVEN THOUSAND THREE FOUR HUNDRED FORTY ONE AND NINE (277,341 657,409 Yuan); when the development is not started over two years after the due start date, the Assignor can withdraw the land for free, unless the development is delayed by force majeure, by actions of the government or government departments, or by the preparation work necessary for starting the development.

The Land Use. Right Holder shall start the development construction in accordance with this Contract. The following condition will be deemed as land idling, and the Assignor has the right to request the Land Use Right Holder for idle land fees: the development is not started over one year after the due start date, or the area of the actual developed land accounts for less than one third of that of the specified developed area, or the real investment amount accounts for less than 25% of the total amount, and there is no approval for one-year continuous suspension for construction from the County Government or the administrative department of land and resources. The Assignor and the Land Use Right Holder agree that, idle land fees of the land under the Contract shall account for 5% of the total fees for transfer of the land use rights, namely RMB TWO SIX HUNDRED SEVENTY AND THIRTY ONE THOUSAND FIVE HUNDRED AND EIGTHY SEVEN THOUSAND THREE HUNDRED FORTY ONE (277,341 631,587 Yuan); when the development is not started over two years after the due start date, the Assignor can withdraw the land for free, unless the development is delayed by force majeure, by actions of the government or government departments, or by the preparation work necessary for starting the development.