Common use of MANAGING AGENT Clause in Contracts

MANAGING AGENT. The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreement.

MANAGING AGENT. 24.1 The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. This delegation shall be binding on the body corporate once it is formed. 24.2 Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreement.

MANAGING AGENT. The Seller may appoint and delegate any or all of its powers and duties in the management of the development Development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Registerfirst transfer of any property within the Development to any purchaser. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreementAgreement.

MANAGING AGENT. 24.1. The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. This delegation shall be binding on the body corporate once it is formed. 24.2. Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreement.

MANAGING AGENT. 19.1 The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent , who shall be entitled to exercise all such powers as the Seller may determine. . 19.2 Nothing in this clause shall, however, be interpreted to relieve construed as relieving the Seller of any of its obligations to the Purchaser as set out in this agreementterms hereof.