This motion concerned the interpretation of a clause in Agreements of Purchase and Sale regarding the calculation of "Net Developable Area" (NDA) for land development.
The core dispute was whether storm water management (SWM) ponds located on "Protected Countryside" (Greenbelt lands) should be included in the NDA, thereby affecting the purchase price adjustment.
The court applied principles of contractual interpretation, emphasizing a holistic reading of the agreement and grounding interpretation in the text.
It found the clause unambiguous, concluding that the exception for SWM ponds applied only to "open space lands" (Group A) and not to "Protected Countryside" (Group B).
Consequently, SWM ponds on Protected Countryside do not form part of the NDA.
