HOLDING ORGANISATION Sample Clauses

HOLDING ORGANISATION. The Unit Owners amongst themselves shall form a Holding Organization which may be a private limited company, limited liability partnership firm and/or Society or Syndicate and/or Association of Persons (hereinafter referred to as the HOLDING ORGANISATION).
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HOLDING ORGANISATION. 8.1 Immediately after the completion of the said building and the possession is made over to the Unit owners in the said building the Developer/Sellers shall form or cause to be formed an Association or a Society or Syndicate of the Unit owners in the said building (hereinafter called the HOLDING ORGANISATION) with such rules and regulations as shall be determined by the Advocates and Solicitors of the Sellers / Developers. 8.2 The Purchaser shall become a member of the Holding Organisation and hereby agrees to abide by the rules and regulations which shall be framed by the said Holding Organisation for the benefit of all the members of the said Holding Organisation. 8.3 The Purchaser shall be liable and agrees to abide by such further house rules as may be made applicable by the said Holding Organisation. 8.4 As and when the said Holding Organisation is formed, the Purchaser shall become a member of such Holding Organisation and without becoming a member of such Holding Organisation shall not be entitled to avail of the various facilities and/or utilities at the said premises.
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HOLDING ORGANISATION. Immediately after all the units in the building are sold and transferred the Unit Owners in consultation with the Vendor shall form a Holding Organisation which may be a Syndicate and/or limited company and/or limited liability partnership or such other entity with such rules and regulations as the Vendor may decide
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HOLDING ORGANISATION. MAINTENANCE COMPANY shall mean the company / Society / Association to be formed or promoted by the Owner/ Co- Owner for the common purposes, maintenance and upkeep of the said building.
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HOLDING ORGANISATION i) To co-operate with the other co-Purchasers and the Vendor and also with the HOLDING ORGANISATION in the management and maintenance of the said buildings of the HOUSING PROJECT. ii) To observe the rules framed from time to time by the Vendor and upon the formation of the HOLDING ORGANISATION by such HOLDING ORGANISATION. iii) To use the said FLAT/ UNIT for residential purposes and not for other purposes whatsoever without the consent in writing of the Vendor. iv) To allow the Vendor or the HOLDING ORGANISATION with or without workmen to enter into the said FLAT/ UNIT for the purpose of maintenance and repairs within 48 hours prior notice in writing. v) To pay and bear the common expenses and other outgoings and expenses since the Possession Date and also the rates and taxes for the said FLAT/ UNIT and proportionately for the HOUSING PROJECT and/or common parts/areas and wholly for the said FLAT/ UNIT and/or make deposits on accounts thereof in the manner mentioned hereunder to the Vendor and upon the formation of the HOLDIING ORGANISASTION to such HOLDING ORGANISATION. Such amount shall be deemed to be due and payable on and from the Possession Date whether physical possession of the said FLAT/ UNIT has been taken or not by the Buyers. The Buyers shall pay the said amounts without raising any objection thereto regularly and punctually within 72 hours to the Vendor and upon formation of the HOLDING ORGANISATION to such HOLDING ORGANISATION. vi) To pay charges for electricity in or relation to the said FLAT/ UNIT. vii) Not to subdivide the said FLAT/ UNIT and/or the parking spaces if allotted or any portion thereof. viii) Not to do anything or prevent the Vendor for making further or additional legal constructions within 9 a.m. to 7 p.m. within any working day not withstanding any temporary disruption in the Buyers enjoyment of the said FLAT/ UNIT. ix) To maintain or remain responsible for the structural stability of the said FLAT/ UNIT and not to do anything which has the effect of affecting the structural stability of the building. x) Not to do or cause anything to be done in or around the said FLAT/ UNIT which may cause or tend to cause or tantamount to cause or effect any damage to any flooring or ceiling of the said FLAT/ UNIT or adjacent to the said FLAT/ UNIT or in any manner interfere with the use and rights and enjoyment thereof or any open passages or amenities available for common use. xi) Not to close or permit the closing of verandas or lounge...
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HOLDING ORGANISATION. 12.1. The Developer herein shall after disposal of all the units at the said building complex, make an Association or syndicate under the Societies Registration Act or in the alternative, cause incorporation of a Private Limited Company under the provisions of the Companies Act, 1956 for administration and maintenance of the common parts and essential services at the building . The object of such Syndicate/Association/Company shall be to manage and administer the maintenance of common parts, amenities and facilities and other affairs of the said building and also to receive and realise the contributions from all the Owners and/or occupiers of different units and other spaces of the said building payable by them respectively towards the maintenance and service charges, the rates and taxes including those mentioned in Parts – II and III of the Schedule “E”, hereunder written and also to disburse incur and pay the same. 12.2. The Buyer hereby agree and undertake to be a member of such association or Company as and when the same is formed or incorporated by the Developer and further agree from time to time and at all times to sign execute and deliver necessary application and all other papers, declarations and documents as may be required for the formation and registration of such Association or Company as may be prepared or caused to be prepared by the Developer. 12.3. The costs and expenses of and incidental to the formation or incorporation of such Association/Company as the case may be shall proportionately be borne by all the Buyers including the Buyer herein.
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HOLDING ORGANISATION i In as much as there is/are a cluster of buildings to form part of the complex the LESSEE/S herein acknowledge/s that it is/are necessary that a particular agency should be appointed as the Holding Organization and for the aforesaid purpose it has been agreed by and between the parties hereto that the DEVELOPER herein shall appoint a Company for undertaking maintenance of the common parts and portions and for rendition of common services and the LESSEE/S herein agree/s to abide by the rules and regulations framed by the said Holding Organization.
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HOLDING ORGANISATION. Immediately after the completion of the said building and the possession is made over to the flat owners in the said building the Vendor shall form or cause to be formed an Association or a Society in the said building (hereinafter called the HOLDING ORGANISATION) with such rules and regulations as shall be determined by the Advocates and Solicitors of the Vendor. The Purchaser shall become a member of the Holding Organization and hereby agrees to abide by the rules and regulations which shall be framed by the said Holding Organization for the benefit of all the members of the said Holding Organization. The Purchaser shall be liable and agrees to abide by such further house rules as may be made applicable by the said Holding Organization. As and when the said Holding Organization is formed, the Purchaser shall become a member of such Holding Organization and without becoming a member of such Holding Organization shall not be entitled to avail of the various facilities and/or utilities at the said premises.
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HOLDING ORGANISATION. 9.1 Immediately after the completion of the said Housing Complex and sale of atleast 90% of the total saleable area and the possession is made over to the flat owners in the said building and/or Housing Complex the Seller may appoint a Facility Manager or shall form or cause to be formed an Association or a Society or Syndicate of the flat owners in the said building (hereinafter called the HOLDING ORGANISATION) with such rules and regulations as shall be determined by the Advocates and Solicitors of the Seller. 9.2 The Buyer shall become a member of the Holding Organisation and hereby agrees to abide by the rules and regulations which shall be framed by the said Holding Organisation for the benefit of all the members of the said Holding Organisation. 9.3 The Buyer shall be liable and agrees to abide by such further house rules as may be made applicable by the said Holding Organisation. 9.4 As and when the said Holding Organisation is formed, the Buyer shall become a member of such Holding Organisation and without becoming a member of such Holding Organisation shall not be entitled to avail of the various facilities and/or utilities at the said premises. 9.5 In the event of a Facility Manager being appointed such Facility Manager shall be entitled to a remuneration negotiated by Seller or his authorized person.
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Related to HOLDING ORGANISATION

  • Organisation The statutes, membership, procedures, and other matters relating to the Court of Justice shall be determined by the Assembly in a protocol relating to the Court of Justice.

  • Table C - Receiving Organisation Enterprise The Receiving Organisation/Enterprise will provide financial support to the trainee for the traineeship: Yes ☐ No ☐ If yes, amount (EUR/month): ……….. The Receiving Organisation/Enterprise will provide a contribution in kind to the trainee for the traineeship: Yes ☐ No ☐ If yes, please specify: …. The Receiving Organisation/Enterprise will provide an accident insurance to the trainee (if not provided by the Sending Institution): Yes ☐ No ☐ The accident insurance covers: - accidents during travels made for work purposes: Yes ☐ No ☐ - accidents on the way to work and back from work: Yes ☐ No ☐ The Receiving Organisation/Enterprise will provide a liability insurance to the trainee (if not provided by the Sending Institution): Yes ☐ No ☐ The Receiving Organisation/Enterprise will provide appropriate support and equipment to the trainee. Upon completion of the traineeship, the Organisation/Enterprise undertakes to issue a Traineeship Certificate within 5 weeks after the end of the traineeship. By signing this document, the trainee, the Sending Institution and the Receiving Organisation/Enterprise confirm that they approve the Learning Agreement and that they will comply with all the arrangements agreed by all parties. The trainee and Receiving Organisation/Enterprise will communicate to the Sending Institution any problem or changes regarding the traineeship period. The Sending Institution and the trainee should also commit to what is set out in the Erasmus+ grant agreement. The institution undertakes to respect all the principles of the Erasmus Charter for Higher Education relating to traineeships. Trainee Trainee Responsible person12 at the Sending Institution Supervisor13 at the Receiving Organisation During the Mobility Table A2 - Exceptional Changes to the Traineeship Programme at the Receiving Organisation/Enterprise (to be approved by e-mail or signature by the student, the responsible person in the Sending Institution and the responsible person in the Receiving Organisation/Enterprise) Planned period of the mobility: from [month/year] ……………. till [month/year] ……………. Knowledge, skills and competences to be acquired by the end of the traineeship (expected Learning Outcomes): Address of the Receiving Organisation/Enterprise [street, city, country, phone, e-mail address], website:

  • Technical and Organisational Measures (1) Before the commencement of processing, the Supplier shall document the execution of the necessary Technical and Organisational Measures, set out in advance of the awarding of the Order or Contract, specifically with regard to the detailed execution of the contract, and shall present these documented measures to the Client for inspection. Upon acceptance by the Client, the documented measures become the foundation of the contract. Insofar as the inspection/audit by the Client shows the need for amendments, such amendments shall be implemented by mutual agreement. (2) The Supplier shall establish the security in accordance with Article 28 Paragraph 3 Point c, and Article 32 GDPR in particular in conjunction with Article 5 Paragraph 1, and Paragraph 2 GDPR. The measures to be taken are measures of data security and measures that guarantee a protection level appropriate to the risk concerning confidentiality, integrity, availability and resilience of the systems. The state of the art, implementation costs, the nature, scope and purposes of processing as well as the probability of occurrence and the severity of the risk to the rights and freedoms of natural persons within the meaning of Article 32 Paragraph 1 GDPR must be taken into account. [Details in Appendix 1] (3) The Technical and Organisational Measures are subject to technical progress and further development. In this respect, it is permissible for the Supplier to implement alternative adequate measures. In so doing, the security level of the defined measures must not be reduced. Substantial changes must be documented.

  • Professional Organizations During the Term, Executive shall be reimbursed by the Company for the annual dues payable for membership in professional societies associated with subject matter related to the Company's interests. New memberships for which reimbursement will be sought shall be approved by the Company in advance.

  • Entity If the Subscriber is a corporation, company, trust, employee benefit plan, individual retirement account, Xxxxx Plan, or other tax-exempt entity, it is authorized and qualified to become an investor in the Company and the person signing this Agreement on behalf of such entity has been duly authorized by such entity to do so.

  • Consortium A "consortium" is a group of attorneys or law firms that is formed for the sole purpose of providing contract services to persons qualifying for court-appointed legal representation. In addition to participating jointly to provide contract services, Consortium members retain their separate identities and may engage in non-court-appointed legal representation.

  • Intergovernmental Organizations As instructed from time to time by ICANN, Registry Operator will implement the protections mechanism determined by the ICANN Board of Directors relating to the protection of identifiers for Intergovernmental Organizations. A list of reserved names for this Section 6 is available at xxxx://xxx.xxxxx.xxx/en/resources/registries/reserved. Additional names (including their IDN variants) may be added to the list upon ten (10) calendar days notice from ICANN to Registry Operator. Any such protected identifiers for Intergovernmental Organizations may not be activated in the DNS, and may not be released for registration to any person or entity other than Registry Operator. Upon conclusion of Registry Operator’s designation as operator of the registry for the TLD, all such protected identifiers shall be transferred as specified by ICANN. Registry Operator may self-­‐allocate and renew such names without use of an ICANN accredited registrar, which will not be considered Transactions for purposes of Section 6.1 of the Agreement.

  • Corporate Organization (a) Seller is a corporation duly organized, validly existing and in corporate good standing under the laws of the State of Delaware. Seller has all requisite corporate power and authority to own, lease or operate all of its properties and assets and to carry on its business as it is now being conducted. Seller is duly licensed or qualified to do business and is in corporate good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned, leased or operated by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified and in corporate good standing has not and would not reasonably be expected to have, either individually or in the aggregate, a Seller Material Adverse Effect. The Certificate of Incorporation and the Bylaws of Seller, copies of which have previously been made available to Parent and Purchaser, are true, correct, and complete copies of such documents as currently in effect. (b) Section 5.1(b) of the Seller Disclosure Schedule sets forth the name and jurisdiction of organization of each Subsidiary of Seller. Each of Seller’s Subsidiaries is duly organized, validly existing and, if applicable, in corporate good standing under the laws of the jurisdiction of its organization. Each of Seller’s Subsidiaries has all requisite corporate power and authority to own, lease or operate all of its properties and assets and to carry on its business as it is now being conducted. Each of Seller’s Subsidiaries is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned, leased, or operated by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified and in good standing has not had and would not reasonably be expected to have, either individually or in the aggregate, a Seller Material Adverse Effect. (c) The articles or certificate of incorporation and bylaws or equivalent organizational documents of each of the Subsidiaries of the Seller, copies of which have previously been made available to Parent and Purchaser, are true, correct, and complete copies of such documents as currently in effect.

  • Company Organization Each of Acquiror and Merger Sub has been duly incorporated, organized or formed and is validly existing as a corporation or exempted company in good standing (or equivalent status, to the extent that such concept exists) under the Laws of its jurisdiction of incorporation, organization or formation, and has the requisite company power and authority to own, lease or operate all of its properties and assets and to conduct its business as it is now being conducted. The copies of Acquiror’s Governing Documents and the Governing Documents of Merger Sub, in each case, as amended to the date of this Agreement, previously delivered by Acquiror to the Company, are true, correct and complete. Merger Sub has no assets or operations other than those required to effect the transactions contemplated hereby. All of the equity interests of Merger Sub are held directly by Acquiror. Each of Acquiror and Merger Sub is duly licensed or qualified and in good standing as a foreign corporation or company in all jurisdictions in which its ownership of property or the character of its activities is such as to require it to be so licensed or qualified, except where failure to be so licensed or qualified would not reasonably be expected to be, individually or in the aggregate, material to Acquiror.

  • Duly Organized Such Party is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

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