MANAGEMENT AND CONDUCT RULES Sample Clauses

MANAGEMENT AND CONDUCT RULES. 21.1 The purchaser acknowledges that he is familiar with the rules as referred and contained in section 10 of the STSMA as published in Government Gazette 40335 of 7 October 2016. 21.2 A copy of the rules can be viewed on the website at xxxxx://xxx.xxx.xx/documents/sectional-titles-schemes-management-act or a copy will be made available to the Purchaser on request.
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MANAGEMENT AND CONDUCT RULES. (if applicable) 13.1 It is recorded that the standard Management Rules and Conduct Rules are the rules which are prescribed by the Regulations promulgated by the Sectional Titles Act, 95 of 1986 or the Sectional Titles Schemes Management Act, 8 of 2011 whichever is applicable and may be amended from time to time. 13.2 The purchase will on date of transfer become a member of the Body Corporate of the Sectional Title Scheme and will be bound by the rules as set out in clause 13.1
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MANAGEMENT AND CONDUCT RULES. 13.1 It is recorded that the standard Management Rules and Conduct Rules as provided for in the Sectional Titles Schemes Management Act 8 of 2011 shall apply provided that, in terms of Section 10(7) and (8) of the Sectional Titles Schemes Management Act 8 of 2011, the Parties shall be obliged to cooperate and do anything that may be required to have the effect that: 13.1.1 the Conduct Rules are amended to read, substantially, the same as the Conduct Rules which can be downloaded/viewed by using the URL; and 13.1.2 the Management Rules are amended to have the effect that the owner (from time to time) of each section in the scheme shall have the right of exclusive use and enjoyment for the purposes of parking of motor vehicles on those parts of the common property with the same number as the relevant section as indicated on the Sketch Plans. 13.2 By the signing of this Agreement the Purchaser, provides his Power of Attorney to the Seller and appoint the Seller as his agent to effect the aforesaid amendments to the Rules.
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MANAGEMENT AND CONDUCT RULES. 9.1 The Seller shall submit the Rules for registration (in addition to the management rules in the Sectional Title Management Act (STMA)), when submitting the application for the opening of the Sectional Title Register. 9.2 The Purchaser shall from occupation date, adhere to the Rules (and management rules per the STMA) notwithstanding that such would only be operative from the date of formation of the body corporate. 9.3 The Seller shall, until the Body Corporate comes into being, enjoy the same rights and powers as the Body Corporate and their trustees enjoy in terms of such Rules. 9.4 The Purchaser irrevocably appoints the Seller as the Purchaser’s proxy, which appointment the Seller accepts, to vote on the Purchaser’s behalf at the first meeting of the Body Corporate for the appointment of the Managing Agents for the first 2 (two) years of the existence of the Body Corporate. 9.5 The Seller records that prior to the date of the establishment of the Body Corporate, it shall enter into a written binding agreement with an internet service provider at its sole discretion, for the supply of inter alia a fibre network in the Scheme. This contract shall be ceded to the Body Corporate upon its establishment and shall be binding upon the Body Corporate and all members thereof including the Purchaser. The Purchaser hereby expressly consents to such contract being entered into and irrevocably appoints the Seller as the Purchaser’s proxy, which appointment the Seller accepts, to vote on the Purchaser’s behalf at the first meeting of the Body Corporate with regards to the acceptance of the Cession of the aforesaid contract. A copy of the contract is available upon request.
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MANAGEMENT AND CONDUCT RULES. ‌ LEVIES‌‌ RENTAL MANAGEMENT‌ The SELLER hereby consents that the Property may be let to a suitable tenant with effect from the Completion Date if the Purchaser does not intend occupying the Property himself. The PURCHASER hereby appoints the Independent Property Inspector as its sole and exclusive agent to procure and place tenants in the Property and act as his rental agent for a period of 3 (three) years from the Completion Date on the terms and conditions of the Independent Property Inspector’s standard rental management agreement from time to time. DIRECT MARKETING AND COOLING OFF‌‌ The Seller is not prepared to enter into this Agreement if the agreement resulted from direct marketing. The PURCHASER therefore warrants that this AGREEMENT is not entered into because of direct marketing. The PURCHASER understands that if, after delivery of the Property, the Purchaser is successful in cancelling this Agreement by relying upon the right of cancellation flowing from the direct marketing provisions of the CPA, the Purchaser shall be liable for damages suffered by the Seller as a result thereof on the basis of the Purchaser’s breach of this warranty. AGENT’S COMMISSION‌ If the PURCHASER fails to carry out his obligations in terms of this agreement and as a result of such breach this agreement is cancelled, then and in such event, the AGENT shall, without prejudice to the SELLER'S remedies, have the right to recover AGENT'S commission directly from the PURCHASER who shall become liable therefore in the amount calculated at the rate of 5% (Five percent) Plus VAT thereon of the purchase price.
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MANAGEMENT AND CONDUCT RULES. The purchaser acknowledges that he is familiar with the rules as referred and contained in section 10 of the STSMA as published in Government Gazette 40335 of 7 October 2016. A copy of the rules can be viewed on the website at xxxxx://xxx.xxx.xx/documents/sectional- titles-schemes-management-act or a copy will be made available to the Purchaser on request. The bona fide estimate of the monthly levy, pending the final determination thereof, is as set out in the Transaction details of the Information Schedule.
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MANAGEMENT AND CONDUCT RULES. The purchaser acknowledges that he is familiar with the rules as referred and contained in section 10 of the STSMA as published in Government Gazette 40335 of 7 October 2016. A copy of the rules can be viewed on the website at xxxxx://xxxxx.xx.xx/properties/baileys-junxion/ or xxxxx://xxx.xxx.xx/documents/sectional-titles- schemes-management-act or a copy will be made available to the Purchaser on request. The bona fide estimate of the monthly levy, pending the final determination thereof, is as set out in the Transaction details of the Information Schedule. Should the Body Corporate determine an actual levy after it having being established, then the actual levy will replace the estimate levy. The Purchaser will be liable for the date of transfer of the unit for the payment of levies payable calculated in accordance with the participation quota attributable to each unit payable to the body corporate. In terms of section 16 of the CPA, if this Agreement has been entered into as a result of direct marketing, meaning that the Purchaser was directly or indirectly approached either in person or by mail or electronic communication by the Seller or the Agent for the purpose of promoting or offering to supply, in the ordinary course of business, the sale of the Property hereby sold, the Purchaser would have been entitled to cancel this Agreement without reason or penalty by written notice within 5 (five) days after the Signature Date, or within 5 (five) business days after delivery of the Property. The Seller is therefore not prepared to enter into any agreement with the Purchaser if such agreement would have resulted from such direct marketing. The Purchaser therefore warrants that this transaction is not entered into if such direct marketing conducted by the Seller and the Seller enters into this Agreement relying entirely upon such warranty.
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Related to MANAGEMENT AND CONDUCT RULES

  • Conduct Rules Each party acknowledges and agrees to be bound by the Conduct Rules of the Financial Industry Regulatory Authority, Inc. applicable to transactions in options, and further agrees not to violate the position and exercise limits set forth therein.

  • Policies, Guidelines, Directives and Standards Either the Funder or the Ministry will give the HSP Notice of any amendments to the manuals, guidelines or policies identified in Schedule C. An amendment will be effective in accordance with the terms of the amendment. By signing a copy of this Agreement the HSP acknowledges that it has a copy of the documents identified in Schedule C.

  • Human and Financial Resources to Implement Safeguards Requirements The Borrower shall make available necessary budgetary and human resources to fully implement the EMP and the RP.

  • Enterprise Information Management Standards Grantee shall conform to HHS standards for data management as described by the policies of the HHS Office of Data, Analytics, and Performance. These include, but are not limited to, standards for documentation and communication of data models, metadata, and other data definition methods that are required by HHS for ongoing data governance, strategic portfolio analysis, interoperability planning, and valuation of HHS System data assets.

  • Codes of Conduct Recipient warrants the following:

  • HIPAA Rules “HIPAA Rules” shall mean the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • Standards of Conduct Whenever the Member is required or permitted to make a decision, take or approve an action, or omit to do any of the foregoing, then the Member shall be entitled to consider only such interests and factors, including its own, as it desires, and shall have no duty or obligation to consider any other interests or factors whatsoever. To the extent that the Member has, at law or in equity, duties (including, without limitation, fiduciary duties) to the Company or other person bound by the terms of this Agreement, the Member acting in accordance with the Agreement shall not be liable to the Company or any such other person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties of the Member otherwise existing at law or in equity, replace such other duties to the greatest extent permitted under applicable law.

  • User Conduct You agree not to use Mobile Banking or the content or information delivered through Mobile Banking in any way that would: (a) infringe any third-party copyright, patent, trademark, trade secret or other proprietary rights or rights of privacy, including any rights in the Software; (b) be fraudulent or involve the sale of counterfeit or stolen items, including, but not limited to, use of Mobile Banking to impersonate another person or entity; (c) violate any law, statute, ordinance or regulation (including, but not limited to, those governing export control, consumer protection, unfair competition, anti-discrimination or false advertising); (d) be false, misleading or inaccurate; (e) create liability for us or our affiliates or service providers, or cause us to lose (in whole or in part) the services of any of our service providers; (f) be defamatory, trade libelous, unlawfully threatening or unlawfully harassing; (g) potentially be perceived as illegal, offensive or objectionable; (h) interfere with or disrupt computer networks connected to Mobile Banking; (i) interfere with or disrupt the use of Mobile Banking by any other user; or (j) use Mobile Banking in such a manner as to gain unauthorized entry or access to the computer systems of others.

  • Applicable Rules and Regulations The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

  • Business Conduct Merger Sub was formed on December 3, 2020. Since its inception, Merger Sub has not engaged in any activity, other than such actions in connection with (a) its organization and (b) the preparation, negotiation and execution of this Agreement and the Transactions. Merger Sub has no operations, has not generated any revenues and has no liabilities other than those incurred in connection with the foregoing and in association with the Merger as provided in this Agreement.

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