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Infrastructure Agreement (23689 DA) - Executed 18/7/2011 (Peet No.90 - Greenwood Grove) · 132004.240018
1.5 2.1 2.2 3.1 3.2 “Notice” means any certificate, demand or notice to be made, given or served by a party under this agreement. “Owner” of the Subject Site means the person for the time being entitled to receive the rent for the Subject Site or would be entitled to receive the rent for it if it were let to a tenant at a rent. “Planning Scheme” means the planning scheme of the Council. “Use” has the meaning given in the Act. Other Expressions lf a term is not defined in this Infrastructure Agreement it shall unless the context otherwise requires, have the meaning given to it by: (a) the Act; or (b) the Macquarie Dictionary in the absence of a definition in the Act. INFRASTRUCTURE AGREEMENT Application of Act This Infrastructure Agreement is intended to constitute an infrastructure agreement under the Act. Document to bind successors in title The parties warrant that it is the intention of the parties that the obligations of the Owner under this agreement will attach to the Subject Site and be binding on the Owner and the Owner's successors in title in accordance with Section 663 (When infrastructure agreements bind successors in title) of the Act, except to the extent that any part of the subject Lot is subdivided in accordance with the Approval and the subdivided Lot/s transferred to the end uses. . OBLIGATIONS OF PARTIES Warranty of Ownership The Owner warrants that it is, at the time of signing this agreement, the Owner of the Subject Site Compliance of Owner In consideration of the Council agreeing to seal survey plan/s for stage 3 of the development the Owner shall:- (a) do all things which by this agreement it has undertaken to do; and (b) comply with the obligations set out under item 8 of Schedule 1 hereto and the terms of this agreement and 60341621/v1
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