Pearl Valley Development definition
Examples of Pearl Valley Development in a sentence
The Seller further records that as developer of the Pearl Valley Development it has obtained and may in future apply for further or amended use rights in respect of the Pearl Valley Development, including but not limited to single residential, group housing, townhouses, hotel use, religious use rights, business/ commercial, restaurants, theatre facility/ies, sport, light industrial and educational use rights.
The Purchaser acknowledges that owing to the complexities and interrelated steps involved in establishing the Pearl Valley Development and registering title to all the prospective purchasers, it is beneficial and in the best interests of the Purchaser that the Conveyancer attends to the Transfer.
The Purchaser hereby acknowledges that it may accordingly be exposed to such associated activities, which may result in an amount of inconvenience and specifically agrees not to interfere with or obstruct the Seller from proceeding with the Pearl Valley Development in phases or to lodge an objection with any competent authority in respect of any such phased development.
The HOA has been established for the benefit of, inter alia, all of owners of ▇▇▇▇▇ in the Pearl Valley Development and to control and maintain roads, services and amenities within the Pearl Valley Development.
The Parties place on record that the Purchase Price agreed upon, insofar as it includes the Bond Costs, is based on the premise that all purchasers of turnkey products in the Pearl Valley Development will utilise the same conveyancers in respect of the bond registrations and accordingly appointing the Bond Registration Attorneys as such will result in an economic benefit for the Purchaser.
The Parties place on record that the Purchase Price agreed upon, insofar as it includes the Bond Costs, is based on the premise that all the purchasers of turnkey products in the Pearl Valley Development will utilise the same Mortgage Originator in respect of the bond applications and accordingly appointing the Mortgage Originator will result in economic benefit for the Purchaser.