Common use of Exercise of Option; Subdivision Clause in Contracts

Exercise of Option; Subdivision. Casella of Ontario shall, upon satisfaction of the contingencies set forth in subsection 1(d), below, exercise the Option to purchase the Borrow Area, take all actions necessary to obtain all consents and approvals for the subdivision of the Borrow Area from the Property and thereafter purchase the Borrow Area. The Town shall cooperate with Casella of Ontario in obtaining and issuing all necessary consents and approvals for the subdivision of the Borrow Area from the Property.

Exercise of Option; Subdivision. Casella of Ontario shall, upon satisfaction of the contingencies set forth in subsection 1(d), below, exercise the Option to purchase the Borrow Area, take all actions necessary to obtain all consents and approvals for the subdivision of the Borrow Area from the Property and thereafter purchase the Borrow PropertyBorrow Area. The Town shall cooperate with Casella of Ontario in obtaining and issuing all necessary consents and approvals for the subdivision of the Borrow Area from the Property.