Enterprises Condo Unit Sample Clauses

Enterprises Condo Unit. Enterprises will become the owner of one or more condominium units and related limited commons and general common elements that include the third floor, fourth floor and potential 5th Floor Condo Unit (defined below) in the Condominium Declaration (collectively “Enterprises Condo Unit”) for future residential, banquet and hotel uses. The condominium regime declaration will permit the owner of Enterprises Condo Unit, at his expense, to have the option to develop, design, construct and maintain a future fifth floor building expansion above the fourth floor of the Enterprises Condo Unit to create separate and distinct residential condominium unit(s), herein referred to individually and collectively as “5th Floor Condo Unit”.
Sample 1
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