Common use of First Owner Clause in Contracts

First Owner. The rights set out in Schedule 5 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land.

First Owner. The rights set out in Schedule 5 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the LandLand and any Share allocated thereto and may be exercised by the First Owner in accordance with the provisions in Schedule 6.

First Owner. The rights set out in Schedule 5 6 are excepted and reserved to the First Owner so long as it remains the beneficial owner of any part of the Land.