Common use of MANAGING AGENT Clause in Contracts

MANAGING AGENT. The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

MANAGING AGENT. 20.1 The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

MANAGING AGENT. 13.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

MANAGING AGENT. 14.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 14.2 The Purchaser hereby grants gives the Seller the irrevocable power to make such this appointment.

MANAGING AGENT. 13.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) one year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 13.2 The Purchaser hereby grants to the Seller the an irrevocable power authority to make such appointmentthe appointment of the first managing agent and to exercise all of the Purchaser’s voting rights in this regard in order to give effect to this clause.

MANAGING AGENT. 14.1 The Seller will shall be entitled to appoint the first Managing Agent, which whose appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 14.2 The Purchaser hereby grants gives the Seller the irrevocable power to make such this appointment.

MANAGING AGENT. 14.1 The Seller will shall be entitled to appoint the first Managing Agent, Agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (oneONE) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 14.2 The Purchaser hereby grants gives the Seller the irrevocable power to make such this appointment.

MANAGING AGENT. 21.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 21.2 The Purchaser hereby grants gives the Seller the irrevocable irrevocably power to make such this appointment.

MANAGING AGENT. 12.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

MANAGING AGENT. 19.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 19.2 The Purchaser hereby grants gives the Seller the irrevocable power to make such this appointment.

MANAGING AGENT. 22.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Scheme which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 22.2 The Purchaser hereby grants gives the Seller the irrevocable irrevocably power to make such this appointment.

MANAGING AGENT. 12.1 The Seller will shall be entitled to appoint the first Managing Agent, Agent which appointment shall be valid and binding on the Body Corporate for a the initial period of 1 three (one3) year after years following the date of the first annual general meeting opening of the Body CorporateRegister. 12.2 The Purchaser gives the Seller, provided that such appointment complies with section 6(2) effect from the date of the Rules. Insofar as it may be necessarytransfer, the Purchaser hereby grants the Seller the irrevocable power to make such appointmentthis appointment and authorises the Seller to exercise all of the Purchaser's voting rights in this regard in order to give effect to this provision.

MANAGING AGENT. 19.1 The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such an appointment.

MANAGING AGENT. 18.1 The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

MANAGING AGENT. 12.1. The Seller will shall be entitled to appoint the first Managing Agent, Agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. 12.2. Insofar as it may be necessary, the The Purchaser hereby grants gives the Seller the irrevocable power to make such this appointment.

MANAGING AGENT. 11.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the . 11.2 The Purchaser hereby grants gives the Seller the irrevocable power to make such this appointment.

MANAGING AGENT. 18.1 The Seller will shall be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate. 18.2 The Purchaser gives the Seller, provided that such appointment complies with section 6(2) effect from the date of the Rules. Insofar as it may be necessarytransfer, the Purchaser hereby grants the Seller the irrevocable power of attorney to make such appointmentthis appointment and authorises the Seller to exercise all of the Purchaser's voting rights in this regard in order to give effect to this provision.

MANAGING AGENT. 15.1. The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) one year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. 15.2. Insofar as it may be necessary, the The Purchaser hereby grants to the Seller the an irrevocable power authority to make such appointmentthe appointment of the first managing agent.

MANAGING AGENT. 19.1 The Seller will Sellers shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (oneONE) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of . 19.2 The Purchaser gives the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller Sellers the irrevocable power to make such this appointment.