Common use of Management Fees Deposits and Common Utilities Deposits Clause in Contracts

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.11. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

Appears in 5 contracts

Samples: www.vauresidence.com.hk, 80maidstoneroad.hk, www.themet.com.hk

AutoNDA by SimpleDocs

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.11. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable but transferrable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed. This Clause 10.5(a)(i) shall not prejudice Clause 10.11.

Appears in 2 contracts

Samples: www.themontrouge.com.hk, www.themontrouge.com.hk

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.1110.9. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

Appears in 1 contract

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

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupyowns, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.11. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

Appears in 1 contract

Samples: www.ksummit.com.hk

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupyowns, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.11. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable but transferrable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

Appears in 1 contract

Samples: www.thegrandmarine.com.hk

AutoNDA by SimpleDocs

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.11. The Management Fees Deposit shall (subject to Clause 10.6) be non-non- refundable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

Appears in 1 contract

Samples: Management Agreement

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First Owner) shall, in respect of each Unit which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.1110.10. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable but transferrable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed. This Clause 10.5(a)(i) shall not prejudice Clause 10.10.

Appears in 1 contract

Samples: www.theentrance.com.hk

Management Fees Deposits and Common Utilities Deposits. (a) (i) Each Owner (except the First OwnerOwner and FSI as the Owner of the Government Accommodation) shall, in respect of each Unit which he has the Right to Occupy, pay to the Manager on the date of completion of the purchase of his Unit from the First Owner the Management Fees Deposit in respect of that Unit as security for the due payment of all Monthly Management Fees and other amounts payable by him under this Deed, unless the First Owner has already paid the Management Fees Deposit of that Unit under Clause 10.11. The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

Appears in 1 contract

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

Time is Money Join Law Insider Premium to draft better contracts faster.