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Homeowner Associations Sample Clauses

Homeowner Associations. SECTION 4.20 .........................................................Assets Necessary to the WP Business
Homeowner Associations. 29 4.20 Assets Necessary to the WP Business...........................................................29 4.21 Accuracy of Information Furnished.............................................................29
Homeowner Associations. (a) Xxxxxxx Disclosure Schedule Section 5.19 contains an accurate and complete list of all homeowner associations (the "Xxxxxxx Homeowner Associations") in which any of the Xxxxxxx Entities has or has had declarant rights. (b) Except as set forth on Xxxxxxx Disclosure Schedule Section 5.19, to the knowledge of the Xxxxxxx Entities, (i) all restrictive covenants and other documents used by any of the Xxxxxxx Entities in connection with the creation and operation of the Xxxxxxx Homeowner Associations (A) in which any of the Xxxxxxx Entities previously had declarant rights complied in all material respects with applicable laws at the time the same were promulgated, and (B) in which any of the Xxxxxxx Entities currently has declarant rights currently comply in all material respects with applicable laws, and (ii) all material disclosures and deliveries of information and documents required by applicable laws as to such Xxxxxxx Homeowner Associations and their creation and operation have been materially complied with. (c) To the knowledge of the Xxxxxxx Entities, Xxxxxxx Disclosure Schedule Section 5.19 contains an accurate and complete list of all amounts in excess of $2,000,000 owing between the Xxxxxxx Homeowners Associations and any of the Xxxxxxx Entities. (d) To the knowledge of the Xxxxxxx Entities, no other claims exist by a Xxxxxxx Homeowner Association against any of the Xxxxxxx Entities, and to the knowledge of the Xxxxxxx Entities, each Xxxxxxx Homeowner Association has been operated, so long as any of the Xxxxxxx Entities has participated therein, in accordance with applicable laws.
Homeowner Associations. (a) WP Disclosure Schedule Section 4.19 contains an accurate and complete list of all homeowner associations (the "WP Homeowner Associations") in which any of the WP Entities has or has had declarant rights. (b) Except as set forth on WP Disclosure Schedule Section 4.19, to the knowledge of the WP Partners and the WP Entities, (i) all restrictive covenants and other documents used by any of the WP Entities in connection with the creation and operation of the WP Homeowner Associations (A) in which any of the WP Entities previously had declarant rights complied in all material respects with applicable laws at the time the same were promulgated, and (B) in which any of the WP Entities currently has declarant rights currently comply in all material respects with applicable laws, and (ii) all material disclosures and deliveries of information and documents required by applicable laws as to such WP Homeowner Associations and their creation and operation have been materially complied with. (c) To the knowledge of the WP Partners and the WP Entities, WP Disclosure Schedule Section 4.19 contains an accurate and complete list of all amounts in excess of $2,000,000 owing between the WP Homeowners Associations and any of the WP Entities. (d) To the knowledge of the WP Partners and the WP Entities, no other claims exist by a WP Homeowner Association against any of the WP Entities, and to the knowledge of the WP Partners and the WP Entities, each WP Homeowner Association has been operated, so long as any of the WP Entities has participated therein, in accordance with applicable laws.
Homeowner Associations. For Properties belonging to a homeowner’s association, a small monthly fee will be charged. Manager will work with the association for tenant communication, violations, etc.
Homeowner Associations. Schedule 7.34 hereto sets forth all homeowner associations (the "Homeowner Associations") in which the Company has declarant rights with respect to the Real Property as of the date hereof. Except as described on Schedule 7.34, all restrictive covenants and other documents used by the Company in connection with the creation and operation of the Homeowner Associations comply in all material respects with Applicable Laws, and all disclosures and deliveries of information and documents required by Applicable Laws as to such Homeowner Associations and their creation and operation have been complied with in all material respects. Schedule 7.34 contains a schedule of all amounts owing between the Homeowners Associations and the Company. To the Knowledge of the Sellers and Fortress, each Homeowner Association as to which the Company is the declarant, when operated by the Company, was or has been operated in accordance with Applicable Laws.
Homeowner Associations. (a) The Property may be located in a community that may maintain amenities such as a clubhouse, golf, pool, tennis, exercise facility, laundry, or similar amenities or provide some utility services to the Property. With respect to such homeowner’s associations and/or amenities, Manager makes no representations as to: (1) whether any association exists; (2) whether the owner is a member and is current with any applicable dues; (3) whether such amenities are available to a Non-Owner Tenant, including a tenant. Manager encourages Tenant to fully investigate the availability of such amenities, and to determine whether such amenities would be available to a person in a tenancy situation, the cost thereof, and any and all other factors which might be important to Tenant in selecting this Property.
Homeowner Associations. For all properties which have an HOA/COA or the like, there will be a monthly charge of $XX.
Homeowner Associations. 9.1 Seller is the Declarant or Developer pursuant to those certain homeowners associations for the Projects which are more particularly described on Exhibit “M”, attached hereto and made a part hereof (the “Project Declarations”). 9.2 On the Closing Date, Seller shall assign to Purchaser and Purchaser shall assume all of the rights and obligations of the Seller as Declarant or Developer under the terms of the Project Declarations. Purchaser shall indemnify and hold Seller harmless from any liability, loss, damage or expense, including, but not limited to, reasonable attorneysfees and costs, sustained or incurred by Seller by reason of Purchaser’s failure to fulfill the obligations of Seller as the Declarant or Developer under the terms of the Project Declarations, which arise or relate to the period of time from and after the Closing Date. Seller shall indemnify and hold Purchaser harmless from any liability, loss, damage or expense, including, but not limited to, reasonable attorneys’ fees and costs, sustained or incurred by Purchaser by reason of Seller’s failure to fulfill the obligations of Seller as the Declarant or Developer under the terms of the Project Declarations, which arise or relate to the period of time prior to the Closing Date. Seller’s indemnification as provided herein shall survive Closing for the Survival Period. 9.3 Pursuant to Paragraph 5.1(b), Seller and Purchaser agreed to prorate the homeowners’ association assessments as of the Closing Date. Seller shall retain the obligation to fund the deficits of the homeowners associations through December 31, 2007. Purchaser will assume all obligations as the successor declarants to fund all deficits of the homeowner associations from and after the Closing Date. To the extent that the financial accounting of the homeowners’ associations is not complete as of the Closing Date, the parties agree to reprorate and readjust any such prorations as of the completion of the accounting for the homeowners’ association. From and after the Closing Date, Seller shall pay assessments to the applicable homeowners’ associations on a lot by lot basis based upon the lots retained by Seller within the Projects. 9.4 Prior to the Closing, Seller will provide Purchaser with copies of all management agreements that it has in place with respect to the homeowners’ associations. Purchaser shall have the right prior to the Closing to elect to have Seller terminate any or all of such management agreements. To the ext...
Homeowner Associations. (a) Schedule 7.39 shall set forth a list of all homeowner associations (the "Homeowner Associations") in which the Company has or has had declarant rights. (b) Except as to be set forth on Schedule 7.39, to Sellers' Knowledge, (i) all restrictive covenants and other documents used by the Company in connection with the creation and operation of the Homeowner Associations (A) in which the Company previously had declarant rights complied in all material respects with Applicable Laws at the time the same were promulgated, and (B) in which the Company currently has declarant rights currently comply in all material respects with Applicable Laws, and (ii) all material disclosures and deliveries of information and documents required by Applicable Laws as to such Homeowner Associations and their creation and operation have been materially complied with. (c) To Sellers' Knowledge, Schedule 7.39 shall set forth all amounts owing between the Homeowners Associations and the Company. (d) To the Sellers' Knowledge, no other Claims exist by a Homeowner Association against the Company or any Affiliate of Company, and to the Knowledge of Sellers, each Homeowner Association has been operated, so long as the Company has participated therein, in accordance with Applicable Laws.