Association Property Sample Clauses

Association Property. Upon each of Seller’s conveyances of a Condominium in the Project to a Buyer, such Buyer shall receive (i) an exclusive fee interest in the space and improvements within a the specific Condominium Unit (“Unit”) purchased by Buyer; and (ii) an undivided fee ownership interest (held in common with all other Owners of Condominium Units in the Project) in a defined strip of airspace above the Unit (as defined in the Condominium Plan for the Project). As a Condominium Owner, Buyer shall also receive a membership in the Campus View II Maintenance Corporation. The Association has entered into a ninety-nine (99) year Ground Lease with Seller whereby the Association will own a leasehold interest in the Condominium Buildings, the land upon which the Condominium Project is located, and all of the other improvements located within and on the Project exclusive of any Units (collectively, the “Association Property”). The Association’s leasehold interest in the Association Property as described herein, has been conveyed to the Association subject to all of the terms and conditions of the Association Ground Lease and all of the Project Documents.
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Association Property. Appropriate additional policy provisions, policies or endorsements extending the applicable portions of the coverage described above to all Association Property, where such coverage is available.
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Association Property. All funds and the title to all properties acquired by the Association and their proceeds shall be held for the benefit and use of the members in accordance with the provisions of the Declaration, these Articles and the By-Laws.
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Association Property. The Association Property consists of: (a) the property described on Exhibit “B” attached hereto and made a part hereof or as property or easements reserved for, dedicated or granted to the Association; (b) any property conveyed to the Association by Declarant; (c) any easements assigned or granted by Declarant to the Association or property or facilities conveyed by Declarant or others to the Association; (d) irrigation system serving the Association Property, if any; and (e) any other property designated as Association Property in this Declaration or any Supplemental Declaration. The Association Property shall be used for those purposes as set forth on the Plat, and in accordance with the Xxxxxxx Square Documents. Association Property may not be altered, modified, removed or replaced by Owners or their family members, guests, invitees or tenants. Such portions of the Association Property upon which Declarant has constructed, or Declarant or the Association hereafter constructs, Improvements shall be kept and maintained for use in a manner consistent with the nature of such Improvements located, or to be located, thereon. Declarant and the Association reserve the right, but shall not be obligated, to construct additional facilities upon the Association Property. Declarant’s decision as to whether to construct additional facilities and the construction thereof shall be in the sole discretion of Declarant, and Association’s decision as to whether to construct additional facilities and the construction thereof shall be in the sole discretion of the Association. In the event of any doubt, conflict or dispute as to whether any portion of the Property is or is not Association Property under this Declaration, Declarant may, without the consent of the Association or the existing Owners, record in the public records of the County, a Supplemental Declaration resolving such issue and such Supplemental Declaration shall be dispositive and binding. After Declarant no longer owns any portion of the Property, the Association may, without the consent of the existing Owners, record the aforesaid Supplemental Declaration, which shall have the same dispositive and binding effect. DECLARANT AND THE ASSOCIATION SHALL NOT BE OBLIGATED TO PROVIDE SUPERVISORY PERSONNEL FOR RECREATION AREAS, IF ANY. ANY INDIVIDUAL USING RECREATION AREAS, IF ANY, SHALL DO SO AT HIS OR HER OWN RISK AND HEREBY HOLDS DECLARANT AND THE ASSOCIATION HARMLESS FROM AND AGAINST ANY CLAIM OR LOSS ARISING FRO...
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Association Property. Employees may not remove any property owned by the Association, including intellectual property (including intellectual property created by the employee as a result of their employment with the employer) from the premises without the prior consent of the General Manager. On termination of employment, employees are to return all of the Association’s property in their possession including copies of the same.
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Association Property. Association Property includes that property real and personal, in which title or ownership is vested in the Association for the use and benefit of its members. Concurrently with the submission of this Condominium to the condominium form of ownership, Developer herein has submitted to condominium ownership, an undivided 40/136th interest in the Community Facilities.
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Association Property. (a) All corporate books and records, accounts, files, agreements, computer programs and software licensed to the Association, electronic records, computer data, correspondence and all other related records shall be the property of KCSA and shall be considered confidential and proprietary to the Association and shall be available to the Board for inspection during business hours upon reasonable notice. (Members of the Association who are not current directors serving on the Board shall be subject to the Associations policies regarding the Inspection of Books and Records). (b) All records having administrative or fiscal value that the Agent holds, maintains or compiles or generates on behalf of the Association are the property of the Association and shall be considered confidential and proprietary to the Association. (c) To the extent that Agent and Agent’s employees have access to, control over and/or custody of Association real or personal property, including, without limitation, Association bank accounts, such access, control and/or custody is pursuant to a revocable license for the benefit of the Association. Agent has no ownership right in or to any real or personal property of the Association. Further, Agent shall not be deemed a joint venturer or partner of the Association. (i) Except as otherwise approved in writing by the Board of Directors, the Agent shall not share, release or copy any of the Association’s books and records, data, information, computer data, electronic records, correspondence, administrative and financial documents, Member information and date, or any other written or verbal data or information pertaining to the Association or its Members. (j) All data pertaining to Members shall only be used by Agent for the specific and legitimate purpose of providing Management Services in accordance with this Agreement.
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Association Property. The Association may acquire real or personal property, or interests therein, for the common use or benefit of all of the Owners. The Association shall accept title to any real or personal property, or interests therein, transferred to the Association by the Developer for the common use or benefit of all of the Owners. The Association shall manage, operate, care for, maintain and repair any and all property, or interests therein, held by the Association, and shall keep them in a safe, attractive and desirable condition for the use and enjoyment of the Owners. The Association shall pay any and all ad valorem taxes and other governmental assessments levied upon the Association’s property. To the extent deemed desirable by the Board, the Association shall obtain and keep in full force and effect at all times, to the extent reasonably obtainable, casualty, fire and extended coverage insurance with respect to insurable improvements and personal property owned by the Association.
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Association Property. The Association Property is planned to consist of: (a) the property indicated on the Plat and Additional Plat(s), if any, as Association Property or as property or easements reserved for, dedicated or granted to the Association, (b) all the property indicated on the Plat as Tracts A, B, C, D and E; (c) any easements assigned or granted by Declarant to the Association or property or facilities conveyed by Declarant or others to the Association; and
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Related to Association Property

  • Community Property Each spouse individually is bound by, and such spouse’s interest, if any, in any Optioned Shares is subject to, the terms of this Agreement. Nothing in this Agreement shall create a community property interest where none otherwise exists.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, that includes the allocation of individual dwelling units to the holders of the Cooperative Shares of the Cooperative Corporation.

  • City Property All original documents, drawings, electronic media, and other materials prepared by CONTRACTOR pursuant to this Agreement immediately become the exclusive property of the CITY, and shall not be used by CONTRACTOR for any other purpose without the CITY’s prior written consent.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • B8 Property Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

  • Property All of the Borrower’s, the other Obligors’ and their respective Subsidiaries’ properties are in good repair and condition, subject to ordinary wear and tear, other than (x) with respect to deferred maintenance existing as of the date of acquisition of such property as permitted in this Section, and (y) where the failure of the properties of any Subsidiary of the Borrower or any Subsidiary of an Obligor to be in good repair and condition has not had or could not be reasonably expected to have a Material Adverse Effect on either the Borrower or the REIT Guarantor. The Borrower has completed or caused to be completed an appropriate investigation of the environmental condition of each Property as of the later of the date of the Borrower’s, the Obligors’ or the applicable Subsidiary’s purchase thereof or the date upon which such property was last security for Indebtedness of such Persons, including preparation of a “Phase I” report and, if appropriate, a “Phase II” report, in each case prepared by a recognized environmental engineer in accordance with customary standards which discloses that such property is not in violation of the representations and covenants set forth in this Agreement, unless such violation has been disclosed in writing to the Agent and remediation actions satisfactory to Agent are being taken. There are no unpaid or outstanding real estate or other taxes or assessments on or against any property of the Borrower, the other Obligors or their respective Subsidiaries which are delinquent. Except as set forth in Schedule 6.1(ee) hereto, there are no pending eminent domain proceedings against any property of the Borrower, the other Obligors or their respective Subsidiaries or any part thereof, and, to the knowledge of the Borrower, no such proceedings are presently threatened or contemplated by any taking authority which, in all such events, individually or in the aggregate have had or could reasonably be expected to have a Material Adverse Effect. None of the property of the Borrower, the other Obligors or their respective Subsidiaries is now damaged or injured as a result of any fire, explosion, accident, flood or other casualty in any manner which individually or in the aggregate has had or could reasonably be expected to have any Material Adverse Effect.

  • Student Data Property of LEA All Student Data transmitted to the Provider pursuant to the Service Agreement is and will continue to be the property of and under the control of the LEA. The Provider further acknowledges and agrees that all copies of such Student Data transmitted to the Provider, including any modifications or additions or any portion thereof from any source, are subject to the provisions of this DPA in the same manner as the original Student Data. The Parties agree that as between them, all rights, including all intellectual property rights in and to Student Data contemplated per the Service Agreement, shall remain the exclusive property of the LEA. For the purposes of FERPA, the Provider shall be considered a School Official, under the control and direction of the LEA as it pertains to the use of Student Data, notwithstanding the above.

  • Partnership Property All property, real, personal, tangible, intangible, or mixed, acquired by or contributed to the Partnership shall be owned by the Partnership and titled in its name and such property shall not be owned individually by any Partner. Each Partner acknowledges and agrees that the System and all elements thereof, are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Proprietary Marks are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Partnership shall not acquire or own any land or buildings. Any land or buildings used in the Partnership business shall be acquired and owned by the Company or an Affiliate of the Company and leased to the Partnership at reasonable rates and terms, and such land and buildings shall not be Partnership property.

  • HUSBAND’S PROPERTY It is declared by the Husband to be the owner of the following assets and property:

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