Contracts for Sale. Notwithstanding Section 11, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Subdivision or any portion of the Subdivision if the contract or agreement clearly states that no portion of the Subdivision shall be conveyed until the Subdivider’s obligations under this Agreement are fully performed.
Appears in 3 contracts
Sources: Assurance Agreement to Construct Subdivision Improvements, Substitute Assurance Agreement to Construct Subdivision Improvements, Substitute Assurance Agreement to Construct Subdivision Improvements