Common use of Adoption of Rules Clause in Contracts

Adoption of Rules. The Rules must be obeyed by all the Owners. At its first annual meeting and at every annual meeting thereafter, the Board elected by the Owners must review the Rules and may make any changes or new Rules it decides are appropriate that are consistent with this Agreement. At any time, the Board or the Property Manager, with the Board’s approval, may also make changes or make new Rules. All Rules must not be in conflict with this Agreement and must apply equally to all Owners and their Intervals.

Appears in 4 contracts

Samples: Owners Agreement, Owners Agreement, Inaski Shores Owners Agreement

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Adoption of Rules. The Rules must be obeyed by all the Owners. At its first annual meeting and at every annual meeting thereafter, the Board elected by the Owners must review the Rules and may make any changes or new Rules it decides are appropriate that are consistent with this Agreement. At any time, the Board or the Property Manager, with the Board’s approval, may also make changes or make new Rules. All Rules must not be in conflict with this Agreement and must apply equally to all Owners and their Intervals.. 3.12

Appears in 1 contract

Samples: Owners Agreement

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