Additional Common Parts. Subject to the approval by a resolution passed at an Owners’ meeting, the right to designate on such terms as it considers fit any part of the Land which it has the Right to Occupy to be additional Common Parts and, after such designation, the expense of maintaining such additional Common Parts shall be included in the Management Expenses Provided That such designation shall not adversely affect any Owner’s Right to Occupy his Unit(s). Any additional Management Expenses arising from such designation shall be allocated in accordance with the principles set out in Clause 10.3(g). Neither the First Owner nor the Manager will have the right to re-convert or re-designate such additional Common Parts to his own use or benefit save as otherwise provided for when the area in question was so converted or designated.
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Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement
Additional Common Parts. Subject to the approval by a resolution passed at an Owners’ meetingmeeting convened under this Deed, the right to designate on such terms as it considers fit any part of the Land which it has the Right to Occupy to be additional Common Parts and, after such designation, the expense of maintaining such additional Common Parts shall be included in the Management Expenses Provided That such designation shall not adversely affect any Owner’s 's Right to Occupy his Unit(s). Any additional Management Expenses arising from such designation shall be allocated in accordance with the principles set out in Clause 10.3(g). Neither the First Owner nor the Manager will have the right to re-convert or re-designate such additional Common Parts to his own use or benefit save as otherwise provided for when the area in question was so converted or designatedbenefit.
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Additional Common Parts. Subject to the approval by a resolution passed at an Owners’ meeting, the right to designate on such terms as it considers fit any part of the Land which it has the Right to Occupy to be additional Common Parts and, after such designation, the expense of maintaining such additional Common Parts shall be included in the Management Expenses Provided That such designation shall not adversely affect any Owner’s Right to Occupy his Unit(s). Any additional Management Expenses arising from such designation shall be allocated in accordance with the principles set out in Clause 10.3(g). Neither the First Owner nor the Manager will have the right to re-convert or re-designate such additional Common Parts to his own use or benefit save as otherwise provided for when the area in question was so converted or designatedbenefit.
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