Common use of Debris Removal Charge Clause in Contracts

Debris Removal Charge. (a) The Owner of a Flat (except the First Owner) shall (unless the First Owner has already paid the Debris Removal Charge of that Flat under Clause 10.11), in respect of each Flat which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Flat from the First Owner the Debris Removal Charge, which shall be non-refundable and non-transferable. (b) Any monies paid as Debris Removal Charge by the Owner of a Flat not used for debris collection or removal shall be paid into Special Fund (Flats).

Appears in 2 contracts

Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement

AutoNDA by SimpleDocs

Debris Removal Charge. (a) The the Owner of a Flat (except the First Owner) shall (unless the First Owner has already paid the Debris Removal Charge of that Flat under Clause 10.11), in respect of each Flat which he has the Right to Occupyowns, pay to the Manager on the date of completion of the purchase of his Flat from the First Owner the Debris Removal Charge, which shall be non-refundable and non-transferable. The Owner of a Parking Space shall have no obligation to pay any Debris Removal Charge. (b) Any monies paid as Debris Removal Charge by the Owner of a Flat not used for debris collection or removal shall be paid into Special Fund (Flats).

Appears in 1 contract

Samples: Deed of Mutual Covenant and Management Agreement

AutoNDA by SimpleDocs

Debris Removal Charge. (a) The Owner of a Flat (except the First Owner) shall (unless the First Owner has already paid the Debris Removal Charge of that Flat under Clause 10.11), in respect of each Flat which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Flat from the First Owner the Debris Removal Charge, which shall be non-refundable and non-transferable. (b) Any monies paid as Debris Removal Charge by the Owner of a Flat not used for debris collection or removal shall be paid into Special Fund (Flats)).

Appears in 1 contract

Samples: Deed of Mutual Covenant and Management Agreement

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