THE BODY CORPORATE Sample Clauses

THE BODY CORPORATE. 23.1 The Purchaser acknowledges that the Purchaser has been made aware of the following material facts and circumstances relating to the Scheme and the development area within which the Scheme will be situated namely that the Seller shall when submitting the application for the registration of the Sectional Plan of the Scheme, register Management and Conduct Rules for the Scheme in terms of Section 35 of the Act as approved by the Chief Ombud acting in terms of the Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011) and the Regulations thereto.
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THE BODY CORPORATE. The Body Corporate as contemplated in Section 36 of the Sectional Titles Act in respect of this scheme.
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THE BODY CORPORATE. 23.1 The PURCHASER acknowledges that there are statutory restrictions on amending the Management Rules contemplated in Section 35(2) made available by the Selling Agent to the PURCHASER . Certain of these Rules may not be substituted, added to, amended or withdrawn by the Developer when submitting an application for the opening of a sectional title register. However, when making such an application, a Developer may, by the powers conferred upon it under section 11(3)(b) of the Act, impose registerable conditions and substitute any Management Rule. The Body Corporate shall be constituted in terms of Section 11(3)(b) of the Act and shall come into existence simultaneously with the registration in the Deeds Office of the Sectional Plan. The PURCHASER further acknowledges that the Developer in terms of the Section 11(3)(b) shall impose the following restrictive conditions:
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THE BODY CORPORATE. The PURCHASER acknowledges that the Body Corporate shall be established upon the opening of the Sectional Title Register and the passing of the first transfer in terms thereof.
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THE BODY CORPORATE. 11.1 It is recorded that on registration of the first Unit in each of the proposed 4 phases of the Development, a Body Corporate shall be established in terms of Section 36 of the Act in respect of each of the proposed 4 phases.
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THE BODY CORPORATE. It is recorded that the domicillium citandi et executandi of the Body Corporate is ........................................................................................
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THE BODY CORPORATE. 11.1 The Purchaser acknowledges that all members of the Body Corporate shall be members of an Association, which will bind the members to assign their functions and powers of the Body Corporate to that Association will apply and the Purchaser acknowledges and agrees that he/she is acquainted with the provisions thereof.
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Related to THE BODY CORPORATE

  • Other Entities Executive agrees to serve if appointed, without additional compensation, as an officer and director for each of the Company’s subsidiaries, partnerships, joint ventures, limited liability companies and other affiliates, including entities in which the Company has a significant investment as determined by the Company. As used in this Agreement, the term “affiliates” will mean any entity controlled by, controlling, or under common control of the Company.

  • Corporation A. For any Concessionaire that presents itself or represents itself as a corporation operating or doing business in the State of New Jersey, all papers of incorporation, including authorized agents for receipt of legal documents, shall be provided to Department, along with renewals, changes, or any other documents that in any way affect the current or future status of Concessionaire as a legal corporation.

  • Entity If the Subscriber is a corporation, company, trust, employee benefit plan, individual retirement account, Xxxxx Plan, or other tax-exempt entity, it is authorized and qualified to become an investor in the Company and the person signing this Agreement on behalf of such entity has been duly authorized by such entity to do so.

  • Joint Venture Nothing contained in this Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

  • Associated Enterprises (a) an enterprise of a Contracting State participates directly or indirectly in the management, control or capital of an enterprise of the other Contracting State, or

  • Gender and Development 13. The Borrower shall ensure, and cause EPSO and HVEN to ensure, that the principles of gender equity aimed at increasing Project benefits and impacts on women in the Project area consistent with ADB’s Policy on Gender and Development (1998) are followed during implementation of the Project, including (a) equal pay to men and women for work of equal value; (b) enabling working conditions for women workers; and (c) taking necessary actions to encourage women living in the Project area to participate in the design and implementation of Project activities.

  • Person The term “Person” shall mean any individual, corporation, partnership, limited liability company, trust, joint stock company, business trust, unincorporated association, joint venture, governmental authority or other entity of any nature whatsoever.

  • Limited Liability Company The Member intends to form a limited liability company and does not intend to form a partnership under the laws of the State of Delaware or any other laws.

  • Joint Venture, Consortium or Association 6.1 If the Supplier is a joint venture, consortium, or association, all of the parties shall be jointly and severally liable to the Procuring Entity for the fulfilment of the provisions of the Contract and shall designate one member of the joint venture, consortium, or association to act as a leader with authority to bind the joint venture, consortium, or association. The composition or the constitution of the joint venture, consortium, or association shall not be altered without the prior written consent of the Procuring Entity.

  • ARTISTES AND ATHLETES 1. Notwithstanding the provisions of Articles 14 and 15, income derived by a resident of a Contracting State as an entertainer, such as a theatre, motion picture, radio or television artiste, or a musician, or as an athlete, from his personal activities as such exercised in the other Contracting State, may be taxed in that other State.

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