Common use of First Annual Meeting Clause in Contracts

First Annual Meeting. First Annual Meeting" means the initial meeting at which non-developer Co-owners are permitted to vote for the election of all Directors and upon all other matters that properly may be brought before the meeting. Such meeting is to be held (a) in the Developer's sole discretion after 50% of the Units that may be created are conveyed, or (b) mandatorily within (i) 54 months from the date of the first Unit conveyance, or

First Annual Meeting. First Annual Meeting" means the initial meeting at which non-developer Co-owners are permitted to vote for the election of all Directors and upon all other matters that which properly may be brought before the meeting. Such meeting is to be held (a) in the Developer's sole discretion after 50% of the Units that which may be created are conveyed, or (b) mandatorily within (i) 54 months from the date of the first Unit conveyance, or

First Annual Meeting. “First Annual Meeting" ” means the initial meeting at which non-developer Co-owners Owners are permitted to vote for the election of all Directors and upon all other matters that properly may be brought before the meeting. Such meeting is to be held (a) in the Developer's sole discretion after fifty percent (50% %) of the Units that may be created are conveyedsold, or (b) mandatorily within (i) 54 fifty-four (54) months from the date of the first Unit conveyance, or

First Annual Meeting. First Annual Meeting" means the initial meeting at which non-developer Developer Co-owners are permitted to vote for the election of all Directors directors and upon all other matters that which may properly may be brought before the meeting. Such meeting is to be held (a) in the Developer's sole discretion after 50% of the Units that may be created are conveyed, or (b) mandatorily within (i) 54 months from the date of the first Unit conveyance, orheld:

First Annual Meeting. “First Annual Meeting" ” means the initial meeting at which non-developer Co-owners are permitted to vote for the election of all Directors and upon all other matters that which properly may be brought before the meeting. Such meeting is to be held (a) in the Developer's sole discretion after 50% of the Units that may be created are conveyed, or (b) mandatorily within (i) 54 months from the date of the first Unit conveyance, orheld