Common use of Plat Approval Clause in Contracts

Plat Approval. Additionally, Buyer's obligation to purchase the property is expressly subject to and contingent upon the BUYER, at BUYER'S expense having the subject property replatted by the City of Dallas into a Platted Lot acceptable to the Buyer. Such approvals shall consist of (a) a favorable recommendation of the preliminary plat by the City Plan Commission of the City of Dallas, and (b) a favorable vote by the Dallas City Council, if required. Upon approval of the final plat, closing shall take place prior to filing the plat of record with Dallas County, Texas. BUYER AND ▇▇▇▇▇▇ AGREE TO CLOSE WITHIN TEN DAYS AFTER RECEIPT OF NOTICE OF FINAL PLAT APPROVAL IF SUCH APPROVAL TAKES LESS THAN 90 DAYS. Upon final execution of this Contract, the BUYER shall diligently proceed with the application for approval by the city for the preliminary replatting of the property, which shall be at the sole expense of BUYER. ▇▇▇▇▇▇ agrees to use his best efforts and to cooperate fully with the Buyer in the plat applications and approvals. BUYER shall have 90 days from the date of execution of this contract by both parties to complete the platting of the property. In the event the property plat has not been approved by the city within 90 days from the effective date of this contract and any extensions thereof, then at the option of the Buyer by giving written notice to Seller, this Contract shall terminate and the ▇▇▇▇▇▇▇ Monies shall be promptly refunded to the Buyer, unless it shall be otherwise agreed to in writing by the Buyer and Seller.

Plat Approval. Additionally, Buyer's obligation to purchase the property is expressly subject to and contingent upon the BUYER, at BUYER'S expense having the subject property replatted by the City of Dallas into a Platted Lot acceptable to the Buyer. Such approvals shall consist of (a) a favorable recommendation of the preliminary plat by the City Plan Commission of the City of Dallas, and (b) a favorable vote by the Dallas City Council, if required. Upon approval of the final plat, closing shall take place prior to filing the plat of record with Dallas County, Texas. BUYER AND ▇▇▇▇▇▇ SELLER AGREE TO CLOSE WITHIN TEN DAYS AFTER RECEIPT OF NOTICE OF FINAL PLAT APPROVAL IF SUCH APPROVAL TAKES LESS THAN 90 DAYS. Upon final execution of this Contract, the BUYER shall diligently proceed with the application for approval by the city for the preliminary replatting of the property, which shall be at the sole expense of BUYER. ▇▇▇▇▇▇ Seller agrees to use his best efforts and to cooperate fully with the Buyer in the plat applications and approvals. BUYER shall have 90 days from the date of execution of this contract by both parties to complete the platting of the property. In the event the property plat has not been approved by the city within 90 days from the effective date of this contract and any extensions thereof, then at the option of the Buyer by giving written notice to Seller, this Contract shall terminate and the Earn▇▇▇ ▇▇▇▇▇▇▇ Monies ies shall be promptly refunded to the Buyer, unless it shall be otherwise agreed to in writing by the Buyer and Seller.