PHASED DEVELOPMENT. 24.1 The Purchaser acknowledges that the Seller intends to extend the scheme by erecting and completing from time to time further Buildings on specified parts of the Common Property, to divide such Buildings into sections and Common Property and confer the right of exclusive use over parts of such Common Property upon the owner or owners of one or more of such sections and to reserve its right in this regard in accordance with provisions of section 25(1) of the Act. 24.2 The Purchaser shall be obliged to allow the Seller or its successor in title ("the developer") to exercise its right to develop the sections in the manner envisaged herein, and shall not be entitled to interfere with or obstruct the developer in any way from erecting the said Buildings on the Common Property.
Appears in 1 contract
Sources: Sale Agreement
PHASED DEVELOPMENT. 24.1 25.1 The Purchaser acknowledges that the Seller intends to extend the scheme Scheme by erecting and completing from time to time further Buildings buildings on specified parts of the Common Property, to divide such Buildings into sections and Common Property and confer the right of exclusive use over parts of such Common Property upon the owner or owners of one or more of such sections and to reserve its right in this regard in accordance with provisions of section 25(1) of the Act.
24.2 25.2 The Purchaser shall be obliged to allow the Seller or its successor in title ("the developerDeveloper") to exercise its right to develop the sections in the manner envisaged herein, and shall not be entitled to interfere with or obstruct the developer Developer in any way from erecting the said Buildings on the Common Property.
Appears in 1 contract
Sources: Deed of Sale
PHASED DEVELOPMENT. 24.1 23.1 The Purchaser acknowledges that the Seller intends to extend the scheme by erecting and completing from time to time further Buildings buildings on specified parts of the Common Propertycommon property, to divide such Buildings buildings into sections and Common Property common property and confer the right of exclusive use over parts of such Common Property common property upon the owner or owners of one or more of such sections and to reserve its right in this regard in accordance with provisions of section 25(1) of the Act.
24.2 23.2 The Purchaser shall be obliged to allow the Seller or its successor in title ("the developer") to exercise its right to develop the sections in the manner envisaged herein, and shall not be entitled to interfere with or obstruct the developer in any way from erecting the said Buildings buildings on the Common Propertycommon property.
Appears in 1 contract
Sources: Agreement of Sale
PHASED DEVELOPMENT. 24.1 The Purchaser purchaser acknowledges that he is aware that the Seller seller intends to extend the scheme by erecting and completing from time to time further Buildings buildings on specified parts of the Common Propertycommon property, to divide such Buildings buildings into sections and Common Property common property and confer the right of exclusive use over parts of such Common Property common property upon the owner or owners of one or more of such sections and to reserve its right in this regard in accordance with provisions of section 25(1) of the Act.
24.2 The Purchaser purchaser shall be obliged to allow the Seller seller or its successor in title ("the developer") to exercise its right to develop the sections in the manner envisaged herein, and shall not be entitled to interfere with or obstruct the developer in any way from erecting the said Buildings buildings on the Common Propertycommon property.
Appears in 1 contract
PHASED DEVELOPMENT. 24.1 29.1. The Purchaser purchaser acknowledges that the Seller intends to extend seller may develop the scheme in phases by erecting and completing from time to time further Buildings buildings on specified parts of the Common Propertycommon property, to divide dividing such Buildings buildings into sections and Common Property common property and confer the right of exclusive use over parts of such Common Property common property upon the owner or owners of one or more of such sections and to reserve reserving its right in this regard in accordance with provisions of section 25(1) of the Act.
24.2 29.2. The Purchaser purchaser shall be obliged to allow the Seller or its successor in title ("the developer") seller to exercise its right to develop the sections in the manner envisaged herein, and shall not be entitled to interfere with or obstruct the developer in any way from erecting the said Buildings buildings on the Common Propertycommon property.
Appears in 1 contract
Sources: Sale Agreement