Common use of WARNING CLAUSES Clause in Contracts

WARNING CLAUSES. (a) The Developer acknowledges and agrees to insert into all offers and agreements of purchase and sale the following clause: “All Works within the Plan, including but not limited to storm sewers, storm water management facilities, sanitary sewers, watermain, roads, curbs and gutters, street lighting and drainage works and xxxxxx, are contracted by the Developer. The Developer is obligated to maintain the Works in accordance with the Agreement and Plans registered on title.” (b) The Developer acknowledges and hereby agrees to insert into all offers and agreements of purchase and sale the following clause: “The lands in the Plan are subject to the payment of development charges which are payable prior to the issuance of a building permit.” (c) The Developer acknowledges and hereby agrees to insert into all offers and agreements of purchase and sale the following clause: “The lands in the Plan are subject to the payment of cash-in-lieu of the dedication of land for park purposes prior to the issuance of a building permit.”