Common use of VARIATIONS TO THE DEVELOPMENT Clause in Contracts

VARIATIONS TO THE DEVELOPMENT. 10.1 The Buyer acknowledges that the demands of prospective buyers may be such as to necessitate a change in the design, layout, type, style, number, size or positioning of the other lots to be created from the Land. 10.2 The Seller may change or seek to change the design, layout, type, style, number, size or position of such lots in the Development. The Buyer acknowledges that this clause is reasonably required to protect the legitimate interests of the Seller to sell different lots to different buyers and will cause no detriment to the Land. 10.3 All Buyer’s acknowledgements and warranties will remain in force until the completion of the Development and all the Seller’s lots have been sold. DRAFT 10.4 The Buyer agrees that: (a) any part of the Base Parcel may not be developed or may be developed for a purpose or use different from that originally contemplated or intended; (b) the Development (and any of the Base Parcel to be developed) may or may not be staged; (c) the Base Parcel may be developed in such a way to create and comprise balance lots, which may be used for any lawful purpose; (d) any balance lots may be subdivided to create their own community titles scheme and may not form part of the Scheme or may become a subsidiary scheme; (e) in so far as it is lawful, the Buyer will not object to any development of the Base Parcel or any activity whatsoever that are constructed on the Base Parcel or any part of it. 10.5 The Seller may seek variations or changes to the Approvals obtained for the development and without Objection from the Buyer may:- (a) develop the Land progressively or in stages and in any sequence as determined by the Seller; (b) cause facilities to be completed or available for use at different times depending on the progression and sequence of construction as determined by the Seller; (c) vary the Approvals and access requirements to allow for mixed use development; (d) make applications to vary or modify existing approvals or to make new applications for approvals. 10.6 The Buyer may not Object or make any Claim (including issuing any proceedings for an injunction or damages or delaying settlement) or take any other action whatsoever in relation to any matters referred to in this clause 10.

VARIATIONS TO THE DEVELOPMENT. 10.1 The Buyer acknowledges that the demands of prospective buyers may be such as to necessitate a change in the design, layout, type, style, number, size or positioning of the other lots to be created from the Land. 10.2 The Seller may change or seek to change the design, layout, type, style, number, size or position of such lots in the Development. The Buyer acknowledges that this clause is reasonably required to protect the legitimate interests of the Seller to sell different lots to different buyers and will cause no detriment to the Land. 10.3 All Buyer’s acknowledgements and warranties will remain in force until the completion of the Development and all the Seller’s lots have been sold. DRAFT. 10.4 The Buyer agrees that: (a) any part of the Base Parcel may not be developed or may be developed for a purpose or use different from that originally contemplated or intended; (b) the Development (and any of the Base Parcel to be developed) may or may not be staged; (c) the Base Parcel may be developed in such a way to create and comprise balance lots, which may be used for any lawful purpose; (d) any balance lots may be subdivided to create their own community titles scheme and may not form part of the Scheme or may become a subsidiary scheme; (e) in so far as it is lawful, the Buyer will not object to any development of the Base Parcel or any activity whatsoever that are constructed on the Base Parcel or any part of it. 10.5 The Seller may seek variations or changes to the Approvals obtained for the development and without Objection from the Buyer may:- (a) develop the Land progressively or in stages and in any sequence as determined by the Seller; (b) cause facilities to be completed or available for use at different times depending on the progression and sequence of construction as determined by the Seller; (c) vary the Approvals and access requirements to allow for mixed use development; (d) make applications to vary or modify existing approvals or to make new applications for approvals. 10.6 The Buyer may not Object or make any Claim (including issuing any proceedings for an injunction or damages or delaying settlement) or take any other action whatsoever in relation to any matters referred to in this clause 10.

VARIATIONS TO THE DEVELOPMENT. 10.1 The Buyer acknowledges that the demands of prospective buyers may be such as to necessitate a change in the design, layout, type, style, number, size or positioning of the other lots to be created from the Land. 10.2 The Seller may change or seek to change the design, layout, type, style, number, size or position of such lots in the Development. The Buyer acknowledges that this clause is reasonably required to protect the legitimate interests of the Seller to sell different lots to different buyers and will cause no detriment to the Land. 10.3 All Buyer’s acknowledgements and warranties will remain in force until the completion of the Development and all the Seller’s lots have been sold. DRAFT. 10.4 The Buyer agrees that:: DRAFT (a) any part of the Base Parcel may not be developed or may be developed for a purpose or use different from that originally contemplated or intended; (b) the Development (and any of the Base Parcel to be developed) may or may not be staged; (c) the Base Parcel may be developed in such a way to create and comprise balance lots, which may be used for any lawful purpose; (d) any balance lots may be subdivided to create their own community titles scheme and may not form part of the Scheme or may become a subsidiary scheme; (e) in so far as it is lawful, the Buyer will not object to any development of the Base Parcel or any activity whatsoever that are constructed on the Base Parcel or any part of it. 10.5 The Seller may seek variations or changes to the Approvals obtained for the development and without Objection from the Buyer may:- (a) develop the Land progressively or in stages and in any sequence as determined by the Seller; (b) cause facilities to be completed or available for use at different times depending on the progression and sequence of construction as determined by the Seller; (c) vary the Approvals and access requirements to allow for mixed use development; (d) make applications to vary or modify existing approvals or to make new applications for approvals. 10.6 The Buyer may not Object or make any Claim (including issuing any proceedings for an injunction or damages or delaying settlement) or take any other action whatsoever in relation to any matters referred to in this clause 10.