Condominium Board Sample Clauses
Condominium Board. The Board of Directors of the Miami Center, a Condominium (as defined in the Condominium Declaration) consists of four (4) directors. As of the date hereof the directors designated by SHC Chopin Plaza, LLC are ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.
Condominium Board. (a) On or before the Closing Date, GE and Seller shall cause the two (2) Persons appointed on their behalf as Managers of the Condominium Board to resign therefrom.
(b) Seller and Purchaser shall, within five (5) Business Days of the Effective Date, deliver to the Condominium Board and RCPI Landmark Properties a request for an estoppel certificate regarding the Unit Owners Agreement, in the form of Exhibit H.
Condominium Board. Subsequent to the acquisition of the Property, the Company shall own 90.0% of the condominium units in the Project. As soon as is practicable following the acquisition of the Property, the Managing Member shall cause the Company to (i) nominate the persons set forth on Exhibit D attached hereto to replace the existing board members of the owner’s association of the Project; and (ii) call a meeting to elect such persons to the board of the Project’s owner’s association. These new members of the board of the Project’s owner’s association shall be elected with the express purpose of effectuating the intention of the Members and the Company to operate the Property as an apartment complex, and the Members and Company shall direct the new board members to take all actions reasonably necessary to effectuate such purpose.
Condominium Board. 46 Condominium Declaration............................................................................................................ 46
Condominium Board. Fee Seller has paid all assessments and other charges of any kind or nature billed to Fee Seller by the Condominium Board that were due and payable through the Effective Date. Except as set forth on Schedule 7.1.24, Fee Seller has neither given nor received any written notice of any material breach or material default under the 2230752.03F-NYCSR03A - MSW Condominium Documents which has not been cured and, to Seller’s Knowledge, no condition has occurred which, with the giving of notice or passage of time or both, would constitute a material default by Fee Seller thereunder.
Condominium Board. The Condominium Board consists of four (4) directors. As of the date hereof the directors designated by Borrower are as follows: ▇▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.