Common use of Damage to Development Clause in Contracts

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred as the “Damaged Part”) rendering it substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 3 contracts

Samples: www.themontrouge.com.hk, www.themontrouge.com.hk, www.bloomsway.com.hk

AutoNDA by SimpleDocs

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred to as the “Damaged Part”) rendering so that it is substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 3 contracts

Samples: Management Agreement, www.vauresidence.com.hk, www.ava228.com.hk

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred to as the “Damaged Part”) rendering it substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Affected Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 2 contracts

Samples: www.thegrandmarine.com.hk, www.theentrance.com.hk

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred to as the “Damaged Part”) rendering so that it is substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 1 contract

Samples: www.themet.com.hk

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred to as the “Damaged Part”) rendering so that it is substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating allocated to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 1 contract

Samples: 80maidstoneroad.hk

AutoNDA by SimpleDocs

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred as the “Damaged Part”) rendering so that it is substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of (notwithstanding anything in this Deed) not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 1 contract

Samples: 852images.oss-cn-hongkong.aliyuncs.com

Damage to Development. If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred to as the “Damaged Part”) rendering it substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant SharesShares ”) may convene a meeting of the Affected Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 1 contract

Samples: www.ksummit.com.hk

Damage to Development. If the whole or any part of the Development is has been damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is has been damaged shall be referred to as the “Damaged Part”) rendering it substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Undivided Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Affected Owners of the Damaged Part. At such meeting the Affected Owners may resolve:

Appears in 1 contract

Samples: 852images.oss-cn-hongkong.aliyuncs.com

Time is Money Join Law Insider Premium to draft better contracts faster.