CO-OWNERSHIP. 14.1 Where the Buyer consists of more than one person, as between themselves, they agree to buy the Land in the specified manner of Co-ownership in the Schedule or if one alternative is not marked, as joint tenants.
CO-OWNERSHIP. The Tenant recognizes that the Leased Premises and the Property are subject to the Co-Ownership Agreement. The Tenant agrees not to take or permit any action from anyone under its charge or responsibility that would contravene with Landlord’s obligations under said Co-Ownership Agreement. Without limiting the generality of the foregoing, the Tenant undertakes to respect said Co-Ownership Agreement and any other rules and regulations of the Property as may be implemented from time to time. Furthermore, the Tenant acknowledges that for the purposes hereof, any covenants, obligations or undertaking pertaining or attributed to the Landlord hereunder shall at all times be subject and subordinated to the provisions of the Co-Ownership Agreement and any related documents.
CO-OWNERSHIP a. The Borrower(s) and the Credit Union will be co-owners of the property to be purchased. Both names will appear on the Record of Title for the property together with our respective shareholdings in the property as “tenants in common”.
CO-OWNERSHIP. (a) Grain becomes Stored Grain when the Receival Docket and weighbridge documentation notates the tare weight and the final net mass of the Grain at which time, Title in the Grain transfers from You to the Co-Owners and You become a Co-Owner of the Stored Grain.
CO-OWNERSHIP. If a faculty member chooses to receive compensation in the form of a stipend for the development of a course at Kishwaukee College, the faculty member and the College shall enter into a co-ownership agreement (See section 7.17 for compensation). Co-ownership of a course includes the syllabus, course shell, units, lesson plans, activities, formative and summative assessments, and instructional materials used to deliver the course during the first year it is taught. If the faculty member at any time is no longer employed by the College, the faculty member has the right to transfer the course to use in its entirety elsewhere, but the College also retains the right to redistribute the course to another faculty member for future offerings of the course at the College.
CO-OWNERSHIP. If the Premises are owned by more than one person, one person must be designated as the single point of contact with Agent for purposes of notices, payments, xxxxxxxx, authorizations, consents, and all other communications between Agent and Owner hereunder. If one person has signed this Agreement as Owner, said person warrants and represents to Agent that he or she is, in fact, an Owner of the Premises and has full authority from his or her co-owners, if any, to enter into this Agreement and bind all of the co-owners of the Premises to the terms and provisions hereof. Agent shall have the right to (and will) rely upon this warranty and representation. Owner shall indemnify and hold Agent free and harmless from any claims arising out of or in connection with the breach of Owner’s warranties and representations set forth in this paragraph. Any changes in ownership and/or address shall be sent in writing to Agent’s Property Management Department set forth above.
CO-OWNERSHIP. In case of co-ownership over the share participations or the rights over them, the co-owners must notify the Company their designated representative for the exercise of their rights; the co-owners will remain jointly and severally liable with respect to their obligations before the Company.
CO-OWNERSHIP. In the case of co-ownership of the Bonds, the co-owners will agree on a single person to exercise the rights as Bondholder on behalf of all co-owners of such Bonds and will provide written notice thereof to the Issuer, signed by co-owners representing more than 50% of the co-owners and authenticated by a notary public; provided that all co-owners of such Bonds shall be jointly liable to the Issuer for any obligations arising from their capacity as Bondholders.
CO-OWNERSHIP. The First Owner and the Second Owner shall be tenants-in-common of the Shares in the proportions and otherwise on the terms set out in this Agreement.
CO-OWNERSHIP. The First Owner declares that it will hold any Shares acquired pursuant to this Agreement in trust pursuant to the JSOP Trust Agreement. The First Owner and the Second Owner shall be tenants-in-common of the Shares in the proportions and otherwise on the terms set out in this Agreement.
