A. The provisions of this Ordinance shall not adversely affect an application for approval of a Preliminary Plan or Final Plan which was duly filed with the Borough and is pending action at the time of the effective date of this Ordinance, and in which case the Applicant shall be entitled to a decision in accordance with the provisions of the governing ordinances or plans as they stood at the time the application had been duly filed. When a Preliminary Plan has been duly approved, the applicant shall be entitled to final plan approval in accordance with the terms of the approved Preliminary Plan. However, if an application is properly and finally denied, any subsequent application shall be subject to the provisions of this Ordinance.

B. If an Applicant has received approval of a preliminary or final plan prior to the effective date of this Ordinance, no provision of this Ordinance shall be applied to adversely affect the right of the Applicant to commence and complete any aspect of the approved development in accordance with the terms of such approval within five (5) years from the date of such approval. When approval of the Final Plan has been preceded by approval of a Preliminary Plan, the five (5) year period shall be counted from the date of preliminary plan approval. If there is any doubt as to the terms of approval, the terms shall be construed in light of the provisions of the governing ordinances or plans as they stood at the time when the application for such approval was duly filed.