Common use of Authority of Board Clause in Contracts

Authority of Board. The Board without any vote of the Owners, may undertake any repair which it deems reasonably necessary to avoid further Destruction or reasonably necessary to avoid substantial reduction in the value of the Property, the Project or any part thereof.

Appears in 5 contracts

Samples: Owners Agreement, Owners Agreement, Owners Agreement

AutoNDA by SimpleDocs

Authority of Board. The Board without any vote of the Owners, may undertake any repair which it deems reasonably necessary to avoid further Destruction or reasonably necessary to avoid substantial reduction in the value of the Property, the Project or any part thereof.avoid

Appears in 1 contract

Samples: Owners Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!