Alteration and Improvement Sample Clauses

Alteration and Improvement. After the completion of the improvements included in the Common Elements which are contemplated by this Master Deed, there shall be no major alteration or further improvement of the General Common Elements without prior approval in writing by the Owners having not less than sixty-seven percent of the votes in the affairs of the Association. Failure of an Owner to approve of or exercise his rights to use an alteration or improvement approved by at least sixty-seven percent of the other Owners shall not relieve such disapproving Owner of his respective share of the cost thereof.
Sample 1
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Alteration and Improvement. After the completion of the improvements included in the Common Elements which are contemplated by this Master Deed, there shall be no alteration or further improvement of the Limited Common Elements without prior approval in writing by the Owners having not less than sixty-seven percent of the interest in the Limited Common Element affected. Failure of an Owner to approve of an alteration or improvement approved as provided herein shall not relieve such disapproving Owner of his respective share of the cost thereof. Notwithstanding, the foregoing, no Unit Owner may undertake construction, repair, replacement, installation, alteration or improvement of Limited Common Elements, without first obtaining approval in writing of the Board of Directors.
Sample 1

Related to Alteration and Improvement

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Construction The parties agree that each of them and/or their respective counsel have reviewed and had an opportunity to revise the Transaction Documents and, therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of the Transaction Documents or any amendments thereto. In addition, each and every reference to share prices and shares of Common Stock in any Transaction Document shall be subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

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