Common use of First Owner Clause in Contracts

First Owner. The rights set out in Schedule 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other person. For the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and Schedule 7 as Owner of a Shop.

Appears in 2 contracts

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

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First Owner. The rights set out in Schedule 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner Owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other personperson except expressly provided to the contrary in Schedule 6. For the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and Schedule 7 as Owner of a Shopthe Commercial Accommodation.

Appears in 1 contract

Samples: www.ksummit.com.hk

First Owner. The rights set out in Schedule 6 5 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other person. For the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and Schedule 7 6 as Owner of a Shop.

Appears in 1 contract

Samples: 80maidstoneroad.hk

First Owner. The rights set out in Schedule 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other person. For the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and Schedule 7 as Owner of a Shopthe Commercial Accommodation.

Appears in 1 contract

Samples: www.vauresidence.com.hk

First Owner. The rights set out in Schedule 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other person. For person except expressly provided to the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and contrary in Schedule 7 as Owner of a Shop6.

Appears in 1 contract

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

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First Owner. The rights set out in Schedule 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner Owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other person. For person except expressly provided to the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and contrary in Schedule 7 as Owner of a Shop6.

Appears in 1 contract

Samples: www.thegrandmarine.com.hk

First Owner. The rights set out in Schedule 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land and may be exercised by the First Owner without the concurrence of any other Owner, the Manager, the Owners’ Corporation or any other person. For the avoidance of doubt, such rights may be exercised by the First Owner together with any other rights which the First Owner may also be entitled to exercise under Clause 5.2 and Schedule 7 as Owner of a Shopthe Public Vehicle Park.

Appears in 1 contract

Samples: www.themet.com.hk

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