Examples of Land Use Right in a sentence
The Land Use Right Owner shall not build non-production facilities such as residential block, apartment, hotel, guesthouse, training center, etc.
If the Land Use Right Holder fails to pay fees for transfer of land use rights on time, he shall pay the Assignor 1‰ of the delayed payment as late fees per day from the overdue day.
Article 11 New buildings under this Contract shall meet the following requirements: Property of main building: Plant and supporting facilities ; Property of attached buildings: / ; Building’s floor area ratio: ≤2.5 ; Building density: ≤40% ; Building’s height limit: / ; Green ratio: ≥30% ; In addition to performing the above specifications, the Land Use Right Owner agrees that the floor area ratio for the premises shall not be less than 1.0, and the building coefficient shall not be less than 30%.
Article 28 If the Land Use Right Holder applies to renew the land use right one year before the expiration date of the Contract, Assignor shall consent unless for reasons of compelling public interests.
If the Land Use Right Holder’s possession of the land under this Contract is delayed for the reason that the Assignor fails to provide the transferred land on time, the Assignor shall pay the Land Use Right Holder 0.5‰ of the fees for transfer of land use rights already paid by the Land Use Right Holder as a penalty on every delay day.