Common use of Completion and Subdivision of Employee Units & Registration of Option Clause in Contracts

Completion and Subdivision of Employee Units & Registration of Option. RFR - Except for 2 residential townhouse dwelling units and 2 tourist accommodation dwelling units, no Dwelling Unit on the Land may be occupied or used for any purpose until: i. the 21 Employee Units have been constructed to completion in accordance with the Development Plans and the Municipality has issued occupancy permits for all such Employee Units;

Appears in 2 contracts

Sources: Housing Agreement, Housing Agreement