Redevelopment Order means a redevelopment order as defined by the Demolished Buildings (Re-development of Sites) Ordinance or an order for sale as defined by the Land (Compulsory Sale for Redevelopment) Ordinance, and includes any amending order;
Redevelopment Order means *a redevelopment order (as defined by the Demolished Buildings (Re-development of Sites) Ordinance/an order for sale (as defined by the Land (Compulsory Sale for Redevelopment) Ordinance), dated [insert date of instrument] and registered in the Land Registry by Memorial No. [insert memorial number]; and (ii) includes any order amending that *redevelopment order/order for sale;] (t) “Saleable Area” means – (i) in relation to a unit enclosed by walls, the floor area of such unit (which includes the floor area of any balconies and verandahs), measured from the exterior of the enclosing walls of such unit except where such enclosing walls separate two adjoining units in which case the measurement is taken from the middle of those walls, and includes the internal partitions and columns within such unit; but excludes the common parts outside the enclosing walls of such unit Provided That if any of the enclosing walls abut onto a common area, then the whole thickness of the enclosing walls which so abut is included; (ii) in relation to any cockloft, the floor area of such cockloft measured from the interior of the enclosing walls of such cockloft; (iii) in relation to any bay window which does not extend to the floor level of a unit, the area of such bay window measured from the exterior of the enclosing walls or glass windows of such bay window and from the point where the bay window meets the wall dropping to the floor level of a unit but excluding the thickness of such wall; (iv) in relation to any parking space, the area of such parking space measured from the interior of its demarcating lines or enclosing walls, as the case may be; (v) in relation to any yard, terrace, garden, flat roof or roof, the area of such yard, terrace, garden, flat roof or roof measured from the interior of their boundary lines, and where the boundary consists of a wall, then it is measured from the interior of such wall; and where the Property consists of any of the above-mentioned items, the Saleable Area of each of such items is set out and described separately in Schedule 3; (u) “Statutory Declaration” means the Statutory Declaration of the Vendors’ Solicitor and all other solicitors (if any) acting for the Vendor registered in the Land Registry by Memorial No. [insert memorial number] in relation to the consent of the Director of Lands to sell the Property; and (v) “Vendor’s Solicitors” means Messrs. [insert name of solicitors’ firm of the vendor].
Redevelopment Order. (i) means a redevelopment order (as defined by the Demolished Buildings (Re-development of Sites) Ordinance (Cap. 337)/an order for sale (as defined by the Land (Compulsory Sale for Redevelopment) Ordinance (Cap. 545)), dated [insert date of instrument] and registered in the Land Registry by Memorial No. [insert memorial number]; and (ii) includes any order amending that redevelopment order/order for sale;] [(t) “Relevant NTEH Development” means a specified NT development as defined in section 5 of the Residential Properties (First-hand Sales) Ordinance (Cap. 621) where, under the Government Grant, the consent of the Director of Lands is not required to be given for this sale and purchase;] (u) “Statutory Declaration” means the Statutory Declaration of the Vendor’s Solicitors and all other solicitors (if any) acting for the Vendor registered in the Land Registry by Memorial No. [insert memorial number] in relation to the consent of the Director of Lands to sell the Property; and (v) “Vendor’s Solicitors” means Messrs. [insert name of solicitors’ firm of the vendor].
Examples of Redevelopment Order in a sentence
If at any time it appears likely in the opinion of the Authorized Person that the Development will not be completed by the expiry date of the period allowed by the Redevelopment Order, the Vendor shall promptly apply for and obtain such extension of time for completing the Development as shall be required and shall pay any premium to the Government for such extension.
More Definitions of Redevelopment Order
Redevelopment Order means a redevelopment order as defined by the Demolished Buildings (Re-development of Sites) Ordinance or an order for sale as defined by the Land (Compulsory Sale for Redevelopment) Ordinance, and includes any amending order; 1.35 “SD” means the statutory declaration of the Vendor’s Solicitors in relation to the Consent; 1.36 “stakeholder account” means the client account(s) opened, maintained and operated by the Vendor’s Solicitors designated for the Development for the purpose of placing purchase price under the terms and conditions of any ASP; 1.37 “Temporary Authorized Person” means an authorized person temporarily acting in the stead of the original Authorized Person as a co-ordinator of building works for the Development; 1.38 “Total Development Costs” means the total of the Construction Costs and the Professional Fees to complete the Development as certified by the Authorized Person; 1.39 “Tripartite Stakeholder Agreement” means an agreement to be entered into between the Vendor, the Vendor’s Solicitors and the Mortgagee in relation to the Building Mortgage; 1.40 “Undertaking as to Partial Release” means the undertaking to be given by the Mortgagee to unconditionally execute a partial release as may be necessary to discharge, reassign and release from the security of the Building Mortgage, any share or interest in the land together with the right to the exclusive use, occupation and enjoyment of any unit in the Development, in respect of which the total purchase price under an ASP is fully paid into the stakeholder account opened and maintained with the Mortgagee; 1.41 “unit” means a non-residential unit in the Development; and “units” shall be construed accordingly; 1.42 “Vendor” means the registered owner of the land; 1.43 “Vendor’s Solicitors” means the solicitors’ firm(s) acting for the Vendor in the sale of units in the Development; and 1.44 “working day” means a day that is not –