Common use of Additional Common Parts Clause in Contracts

Additional Common Parts. No Owner (including the First Owner) shall have the right to convert or designate any of his own Unit (or part thereof) as a Common Part unless the approval by a resolution of Owners at an Owners’ meeting convened under this Xxxx has been obtained. No Owner (including the First Owner) and no Manager shall have the right to re-convert or re-designate such Common Parts converted or designated from a Unit (or part thereof) as aforesaid to his or its own use or benefit.

Appears in 3 contracts

Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement

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Additional Common Parts. No Owner (including the First Owner) shall have the right to convert or designate any of his own Unit (or part thereof) as a Common Part unless the approval by a resolution of Owners at an Owners’ meeting convened under this Xxxx Deed has been obtained. No Owner (including the First Owner) and no Manager shall have the right to re-convert or re-designate such Common Parts converted or designated from a Unit (or part thereof) as aforesaid to his or its own use or benefit.

Appears in 2 contracts

Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement

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Additional Common Parts. No Owner (including the First Owner) shall have the right to convert or designate any of his own Unit (or part thereof) as a areas to be the Common Part unless the approval by a resolution of Owners at an Owners’ meeting convened under this Xxxx Deed has been obtained. No Owner (including the First Owner) and no Manager shall have the right to re-convert or re-designate such Common Parts converted or designated from a Unit (or part thereof) as aforesaid to his or its own use or benefit.

Appears in 1 contract

Samples: Deed of Mutual Covenant and Management Agreement

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