No Rights of or Obstruction by Purchaser Sample Clauses

No Rights of or Obstruction by Purchaser. All open areas in the Said Property proposed to be used for open car parking spaces do not form part of the Common Portions within the meaning of this Agreement and the Developer and the Land Owners shall have absolute right to sell, transfer and/or otherwise deal with and dispose of the same or any part thereof.
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No Rights of or Obstruction by Purchaser. The Purchaser admits and accepts that all open areas in the Project including all open car parking spaces which are not required for ingress and egress from and to the Unit, do not form part of the Common Portions in terms of this Deed and the Transferors shall have absolute right to sell, transfer and/or otherwise dispose off the same or any part thereof. The Purchaser also admits and accepts that the Transferors are entitled to construct further storeys on and above the roof of the top floor of the Building and the Purchaser shall not obstruct or object to the same. The Purchaser admits and accepts that the Transferors and/or its employees and/or agents and/or contractors shall be entitled to use and utilize the Common Portions for movement of building materials and for other purposes as may become necessary for making such further construction and the Purchaser shall not raise any objection in any manner whatsoever with regard thereto.
No Rights of or Obstruction by Purchaser. The Purchaser admits and accepts that all open areas in the Project including all open car parking spaces which are not required for ingress and egress from and to the Unit, do not form part of the Common Portions in terms of this Agreement and the Transferors shall have absolute right to sell, transfer and/or otherwise dispose off the same or any part thereof. The Purchaser also admits and accepts that the Transferors are entitled to construct further storeys on and above the roof of the top floor of the Building and the Purchaser shall not obstruct or object to the same. However, in the event the Transferors construct any further storeys on and above the roof of the top floor of the Building, then such newly constructed area shall also be managed and operated as a serviced apartment by a professional entity. The Purchaser admits and accepts that the Transferors and/or its employees and/or agents and/or contractors shall be entitled to use and utilize the Common Portions for movement of building materials and for other purposes as may become necessary for making such further construction and the Purchaser shall not raise any objection in any manner whatsoever with regard thereto.

Related to No Rights of or Obstruction by Purchaser

  • Property Rights upon Termination or Expiration of Contract In the event the Contract is terminated for any reason, or upon its expiration State Property remains the property of the System Agency and must be returned to the System Agency by the end date of the Contract or upon System Agency’s request.

  • Rights of use of the results and of pre-existing rights by the NA and the Union The beneficiaries grant the NA and the Union the following rights to use the results of the project:

  • Sale or Encumbrance Prohibited Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "Transfer") an interest in the Company without the prior written consent of a majority of the other non-transferring Members determined on a per capita basis.

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