VOIDING AGREEMENT. In the event that the Plan is not registered within one year from the date of the signing of this Agreement, the Municipality may at its option declare this Agreement to be null and void. All costs incurred shall be deducted from the Deposited Securities or the Deposit paid by the Developer to the Municipality pursuant to this Agreement or any other agreement between the Developer and the Municipality referred to herein.
Appears in 2 contracts
Samples: Subdivision Agreement, Subdivision Agreement
VOIDING AGREEMENT. In the event that the Plan is not registered within one year from the date of the signing of this Agreement, the Municipality may at its option declare this Agreement to be null and void. All costs incurred shall be deducted from the Deposited Securities or the Deposit deposit paid by the Developer to the Municipality pursuant to this Agreement or any other agreement between the Developer and the Municipality referred to herein.
Appears in 1 contract
Samples: Subdivision Agreement
VOIDING AGREEMENT. In the event that the Plan is not registered within one year from the date of the signing of this Agreement, the Municipality Town may at its option declare this Agreement to be null and void. All costs incurred shall be deducted from the Deposited Securities or the Deposit deposit paid by the Developer to the Municipality Town pursuant to this Agreement or any other agreement between the Developer and the Municipality Town referred to herein.
Appears in 1 contract
Samples: Subdivision Agreement
VOIDING AGREEMENT. In the event that the Plan is not registered in the land registry system within one year from the date of the signing of this Agreement, the Municipality may at its option declare this Agreement to be null and void. All costs incurred shall be deducted from the Deposited Securities or the Deposit deposit paid by the Developer to the Municipality pursuant to this Agreement or any other agreement between the Developer and the Municipality referred to herein.
Appears in 1 contract
Samples: Subdivision Agreement