Examples of Subdivision Documents in a sentence
Borrower shall have delivered to Lender the final Subdivision Documents, maps and plats for the Approved Subdivision and such final Subdivision Documents shall have been recorded or filed with the appropriate Governmental Authorities.
The second sentence in Section 5(a)(ii) of the Contract is hereby amended to provide that the Final Subdivision Documents shall allow for a building envelope depth for each Lot that is not less than seventy (70) feet (after taking into consideration applicable setbacks).
If not previously provided, Borrower shall have delivered to Lender the final Subdivision Documents, maps and plats for the Approved Subdivision and such final Subdivision Documents shall have been recorded or filed with the appropriate Governmental Authorities.
The Subdivision Documents shall be executed and recorded by Seller, at Seller’s expense, upon the recording of the plat thereof, and shall thereafter be extended to encumber each subsequent phase upon recordation of the plat thereof, as applicable.
Landlord shall have the right (but not the obligation), subject to and in accordance with the Applicable Subdivision Documents, to subdivide the Project (the “Subdivision”).
To the extent permitted by the Subdivision Documents and applicable law, for as long as Buyer owns a Lot in the Subdivision that is subject to the terms of this Contract (but not yet purchased by Buyer), Seller shall allow Buyer to use a vacant lot in the Subdivision for Buyer’s construction trailer without requiring Buyer to close on the lot or pay rental.
Seller shall be responsible for maintaining all portions of the Property and the Subdivision (or, to the extent authorized, causing the applicable association to maintain, as applicable) which has not yet been acquired by Buyer hereunder in a reasonably neat and clean condition in a compliance with all applicable laws and Subdivision Documents.
Subject to applicable governmental regulations, and the Subdivision Documents, Buyer shall have the right to, and Seller shall reasonably cooperate with Buyer’s efforts to, locate marketing and directional signage at the Subdivision entrance and other such locations throughout the Subdivision.
Seller agrees that any Subdivision Documents or amendments thereto recorded after the Effective Date shall not conflict with the agreements set forth in this paragraph.
Notwithstanding the foregoing, Seller shall cooperate with Buyer to facilitate the approval of Buyer’s intended product by the applicable Architectural Review Board formed pursuant to the Subdivision Documents, if applicable, and shall request from the homeowners’ association, on Buyer’s behalf, the delivery of a standard form of estoppel certificate deemed acceptable to the Title Company, or such other form as Buyer may reasonably request, to and in favor of Buyer prior to each Closing hereunder.