Common use of MANAGING AGENT Clause in Contracts

MANAGING AGENT. The Seller shall appoint a managing agent for the Scheme for a period of at least 1 (one) year after the date of establishment of the Body Corporate. The Purchaser hereby grants the Seller the irrevocable power and authority to appoint the managing agent of the Scheme for such aforementioned period.

Appears in 11 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

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MANAGING AGENT. The Seller shall appoint a managing agent for the Scheme for a period of at least 1 (one) year after the date of establishment of the Body Corporate. The Purchaser hereby grants the Seller the irrevocable power and authority to appoint the managing agent of the Scheme for such aforementioned period.

Appears in 4 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

MANAGING AGENT. The Seller shall be entitled to appoint a managing agent Managing Agent for the Scheme for a period of at least 1 (one) year after year, which appointment shall be expressed to be subject to the date ratification thereof at the first meeting of establishment the members of the Body Corporate. The Purchaser hereby grants the Seller the irrevocable power and authority to appoint the managing agent of the Scheme for such aforementioned period.

Appears in 3 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

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MANAGING AGENT. The Seller shall be entitled to appoint a managing agent for the Scheme for a period of at least 1 (one) year after the date of establishment of the Body Corporate. The Purchaser hereby grants Corporate which appointment shall be expressed to be subject to the Seller ratification thereof at the irrevocable power and authority to appoint the managing agent first meeting of the Scheme for such aforementioned periodmembers of the Body Corporate.

Appears in 1 contract

Samples: Agreement of Sale

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