SUBDIVISION AND PLATTING Clause Samples

The Subdivision and Platting clause governs the process by which a property is divided into smaller lots and officially mapped or recorded with local authorities. It typically outlines the requirements and procedures for obtaining necessary governmental approvals, submitting plats for review, and ensuring compliance with zoning and land use regulations. This clause ensures that any subdivision of land is conducted legally and transparently, preventing unauthorized or improper development and protecting the interests of both the property owner and the community.
SUBDIVISION AND PLATTING. Platting for the Property will be determined by the timing of project development. A Preliminary Plat is attached hereto as Exhibit H, and shall be valid for six (6) years after approval of this Agreement. Irregular shaped lots shall be permitted and are not subject to the requirements of the LDC as long as the setbacks, minimum lot area, length, and width requirements listed in Sections 3.D and 3.E, herein are met, and the lot dimensioning process set forth in LDC Section 11.4 is followed. Owners will cause the Property to be subdivided in accordance with the requirements of the LDC, except as provided herein. No certificates of occupancy shall be issued for any building until a Final Plat or Site Plan is approved and recorded.
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SUBDIVISION AND PLATTING. The City shall, at its cost, prepare the preliminary and final plat for the Property.
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SUBDIVISION AND PLATTING. Owner shall plat the Property consistent with the requirements of the Land Development Code. A preliminary plat for the Property is attached hereto as Exhibit E. No New Certificates of occupancy shall be issues for any building until a Final Plat and Site Plan is approved and recorded. As part of the subdivision process, Developer will be responsible for ensuring that the Property will be serviced with public utilities and right-of-way access. Site development approval is contingent upon approval of the final plat of the property. A party wall agreement shall be recorded in the Public Records for the shared wall between Lot 1 and Lot 2. Owner shall plat the Property consistent with the requirements of the Land Development Code. No new certificates of occupancy shall be issued for any building until a Final Plat and Site Plan is approved and recorded.
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SUBDIVISION AND PLATTING. Platting for the Property will be determined by the timing of project development. Developer will cause the Property to be subdivided in accordance with the requirements of the LDC, except as provided herein. No certificates of occupancy shall be issued for any building until a Final Plat is approved and recorded. Developer shall meet the requirements for access points during each phase of development and may be permitted to meet this requirement through the use of temporary and/or emergency access points which shall be identified on the Final Construction Plans for each corresponding phase of the development.
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SUBDIVISION AND PLATTING. Platting for the Property will be determined by the timing of project development. A Preliminary Plat is attached hereto as Exhibit H, and shall be valid for six (6) years after approval of this Agreement. Irregular shaped lots shall be permitted and are not subject to the requirements of the LDC as long as the setbacks, minimum lot area, length, and width requirements listed in Sections 3.D and 3.E, herein are met, and the lot dimensioning process set forth in LDC Section 11.4 is followed. Owners will cause the Property to be subdivided in accordance with the requirements of the LDC, except as provided herein. No certificates of occupancy shall be issued for any building until a Final Plat or Site Plan is approved and recorded. SITE PLAN REVIEWS. All Site Plans shall be reviewed in accordance with the procedures as established by the LDC, as amended, and consistent with this Agreement and the Future Development Master Plan.
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Related to SUBDIVISION AND PLATTING

  • Subdivision and Combination In case the Company shall at any time subdivide or combine the outstanding shares of Common Stock, the Exercise Price shall forthwith be proportionately decreased in the case of subdivision or increased in the case of combination.

  • Subdivision Landlord reserves the right to further subdivide all or a portion of the Project. Tenant agrees to execute and deliver, upon demand by Landlord and in the form requested by Landlord, any additional documents needed to conform this Lease to the circumstances resulting from such subdivision.

  • Subdivisions If after the date hereof, and subject to the provisions of Section 4.6 hereof, the number of issued and outstanding Ordinary Shares is increased by a share dividend payable in Ordinary Shares, issuance of Ordinary Shares by way of capitalization of reserves from a share premium account or capital redemption reserve or by a sub-division of Ordinary Shares or other similar event, then, on the effective date of such share dividend, capitalization, sub-division or other similar event, the number of Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in the issued and outstanding Ordinary Shares. A rights offering to holders of the Ordinary Shares entitling holders to purchase Ordinary Shares at a price less than the “Fair Market Value” shall be deemed a share dividend of a number of Ordinary Shares equal to the product of (i) the number of Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Ordinary Shares) multiplied by (ii) one (1) minus the quotient of (x) the price per Ordinary Share paid in such rights offering divided by (y) the Fair Market Value. For purposes of this Section 4.1.1, if the rights offering is for securities convertible into or exercisable for Ordinary Shares, in determining the price payable for such Ordinary Shares, there shall be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion. “Fair Market Value,” means the 10-Day Average Closing Price as of the first (1st) date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. Notwithstanding anything to the contrary herein, no Ordinary Shares shall be issued at less than their par value.

  • Subdivisions and Combinations In the event that the outstanding shares of common stock are subdivided (by stock split, by payment of a stock dividend or otherwise) into a greater number of shares of such securities, the number of Shares issuable upon exercise of the rights under this Warrant immediately prior to such subdivision shall, concurrently with the effectiveness of such subdivision, be proportionately increased, and the Exercise Price shall be proportionately decreased, and in the event that the outstanding shares of common stock are combined (by reclassification or otherwise) into a lesser number of shares of such securities, the number of Shares issuable upon exercise of the rights under this Warrant immediately prior to such combination shall, concurrently with the effectiveness of such combination, be proportionately decreased, and the Exercise Price shall be proportionately increased.

  • Combination and Split Up The Depositary, subject to the terms and conditions of this Deposit Agreement shall, upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts and upon payment to the Depositary of the applicable fees and charges set forth in Section 5.9 hereof and Article (9) of the Receipt, execute and Deliver a new Receipt or Receipts for any authorized number of American Depositary Shares requested, evidencing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrendered.