Examples of Developer Act in a sentence
Introduced in 2012 so-called The Developer Act, which main aim is to protect the interests of customers purchasing flats and houses from the primary market, implemented a series of new rules, which the developer has had to face to.
For greater certainty, but without prejudice to any time relief or compensation available in respect of any Developer Act or pursuant to the provisions of this Part 1 relating to Equivalent Project Relief, any cost overruns with respect to the O&M Activities shall be the responsibility of the O&M Contractor and not the Developer and any such cost overruns shall not reduce or otherwise affect the limitations on liability referred to or contained in Part 1, Article 10.
For greater certainty, but without prejudice to any time relief or compensation available in respect of any Developer Act or pursuant to the provisions of this Part 1 relating to Equivalent Project Relief, any cost overruns with respect to the CC Work shall be the responsibility of the Construction Contractor and not the Developer and any such cost overruns shall not reduce or otherwise affect the limitations on liability referred to or contained in Part 1, Article 10.
The increase in supply was also driven by regulatory environment (draft amendments to the Developer Act).
In the event a Developer Act has caused the need for increased Oversight, the Developer shall be responsible for payment of any Oversight costs for which the Port Authority may be compensated as established by Section 3.5 of the Lease, and the Developer shall reimburse the Design-Builder for any such costs the Design-Builder has incurred.
The entry into force of the so-called The Developer Act, which aims to protect the interests of customers purchasing flats and houses, introduces a series of new rules, which the developer will have to face to.
The O&M Contractor shall not do any act or thing that will create any Encumbrance against any Element (or part thereof), any Work Product or any part of the Right-of-Way or of any Additional Right-of-Way, and shall promptly remove any such Encumbrance, unless such Encumbrance came into existence as a result of a Developer Act.
No failure, delay or interruption in supplying the agreed services under this Section 7.2(a) (unless resulting from a Developer Act or non-payment for such Utilities by the Developer) shall be grounds for any claim by the Design-Builder for damages, consequential or otherwise.
The Design-Builder shall be responsible for reimbursing the Developer for any costs incurred by the Developer pursuant to this Section 8.4(c) relating to any Submittal required to be submitted by the Design-Builder hereunder, unless such costs are the result of a Developer Act.
The Construction Contractor shall not do any act or thing that will create any Encumbrance against any Element (or part thereof), any Work Product or any part of the Right-of-Way or of any Additional Right-of-Way, and shall promptly remove any such Encumbrance), unless such Encumbrance came into existence as a result of a Developer Act.