Common use of WARNING CLAUSES Clause in Contracts

WARNING CLAUSES. 7.1 The Owner acknowledges and agrees to provide to the Region with a written undertaking that all offers and agreements of purchase and sale which may be negotiated prior to registration of this Subdivision, shall contain a clause clearly indicating that a servicing allocation for this Subdivision will not be assigned until the Subdivision is granted final approval for registration and any pre-servicing will be at the sole risk and responsibility of the Owner.

WARNING CLAUSES. 7.1 The Owner acknowledges and agrees to provide to the Region with a written undertaking that all offers and agreements of purchase and sale or lease, which may be negotiated prior to registration of this Subdivision, shall contain a clause clearly indicating that a servicing allocation for this Subdivision will not be assigned until the Subdivision is granted final approval for registration and any pre-servicing will be at the sole risk and responsibility of the Owner.