OWNERS’ COMMITTEE. As soon as practicable but not later than nine (9) months from the date of this Deed, the Manager shall convene a meeting of the Owners to establish an Owners’ Committee and appoint a chairman thereof or to appoint a management committee for the purpose of forming an Owners’ Corporation under the Building Management Ordinance (Cap.344). The Owners’ Committee shall consist of not fewer than three (3) members and not more than five (5) members, or such number of members as the Owners may decide from time to time by resolution at a meeting of the Owners, provided that:-
OWNERS’ COMMITTEE. 7.1 As soon as practicable but in any event not later than nine (9) months from the date of this Deed, the Manager shall convene a meeting of the Owners (and to call further and subsequent meetings if required) to establish an Owners’ Committee and appoint a chairman thereof or to appoint a management committee for the purpose of forming an Owners’ Corporation under the Building Management Ordinance.
7.2 The Owners’ Committee shall consist of nine (9) members, or such number of members as the Owners may decide from time to time by resolution at a meeting of the Owners.
7.3 The functions of the Owners’ Committee shall include the following: -
(a) the representing of the Owners in all dealings with the Manager;
(b) the undertaking of such other duties as the Manager may, with their approval, delegate to them;
(c) the reviewing of the annual budget and revised annual budget prepared by the Manager;
(d) the approval of the Estate Rules made from time to time by the Manager and any amendment or revocation thereof;
(e) to elect a manager to take the place of the Manager in accordance with the provisions of Clause 4.2 of this Deed;
(f) to liaise with the Manager in respect of all matters concerning the management of the Land and the Development;
(g) to convene meetings of all Owners;
(h) to act as the Manager during such period as no Manager is appointed;
(i) the appointment of accountants for audit of the annual accounts prepared by the Manager; and
(j) the exercise of all other powers and duties conferred on the Owners’ Committee by virtue of these presents.
(a) Any Owner and, in the event of an Owner being a corporate body, any representative appointed by such Owner, shall be eligible for membership of the Owners’ Committee. The appointment of a representative by a corporate body shall be in writing addressed to the Owners’ Committee and may be revoked at any time on notice in writing being given to the Owners’ Committee PROVIDED THAT the Owner of a Phase shall not be entitled to elect or send their representatives to the Owners’ Committee unless and until after the issuance of the relevant Occupation Permit covering the relevant Phase, and the holding of the annual general meeting of the Owners immediately following the issuance of the Occupation Permit.
(b) If at any annual general meeting at which an appointment or election of a member should take place, the office of the retiring member is not filled, or if in any year no annual general meeting is held, th...
OWNERS’ COMMITTEE. 7.1 As soon as practicable but not later than nine (9) months from the date of this Deed, the Manager shall convene the first meeting of the Owners (and to call further and subsequent meetings if required) to establish an Owners' Committee and appoint a chairman thereof or to appoint a management committee for the purpose of forming an Owners' Corporation under the Building Management Ordinance.
7.2 The Owners' Committee shall consist of not fewer than three (3) members and not more than five (5) members, or such number of members as the Owners may decide from time to time by resolution at a meeting of the Owners. .
7.3 The functions of the Owners' Committee shall include the following :-
(a) the representing of the Owners in all dealings with the Manager;
(b) the undertaking of such other duties as the Manager may, with their approval, delegate to them;
(c) the reviewing of the draft annual management budget, the annual management budget and the revised annual management budget prepared by the Manager;
(d) the reviewing and approval of the Development Rules made from time to time by the Manager;
(e) to elect or appoint a manager to take the place of the Manager in accordance with the provisions of Clause 4.2 hereof;
(f) the appointment of accountants for audit of the annual accounts prepared by the Manager;
(g) to convene meetings of all the Owners;
(h) to act as the Manager during such period when no Manager is appointed; and
(i) the exercise of all other powers and duties conferred on the Owners' Committee by virtue of these presents.
7.4 The following persons shall be eligible for membership of the Owners' Committee :-
(a) Any Owner and, in the event of an Owner being a corporate body, any representative appointed by such Owner. The appointment of a representative by a corporate body shall be in writing addressed to the Owners' Committee and may be revoked at any time on notice in writing being given to the Owners' Committee.
(b) The husband or wife of any Owner or any adult member of the family of any Owner duly authorised by the Owner which authorisation shall be in writing addressed to the Owners' Committee and may be revoked at any time on notice in writing being given to the Owners' Committee PROVIDED THAT such husband or wife or such adult member of the family resides in the Development PROVIDED THAT not more than one person from a Unit may stand for election or be appointed as a committee member of the Owners' Committee.
7.5 A member of the Owne...
OWNERS’ COMMITTEE. (4:01) As soon as practicable and in any event not later than nine calendar months from the date of this Deed, the Manager shall convene the first general meeting of all Owners (and to call further and subsequent meetings if required) for the purpose of electing the members and the chairman of the Owners’ Committee or appointing a management committee for the purpose of forming the Owners’ Corporation under the Building Management Ordinance (Cap.344). The functions of the Owners’ Committee shall include but not limited to the following :-
(a) representing the Owners in all dealings with the Manager;
(b) giving to and receiving from the Manager notices on behalf of the Owners;
(c) undertaking such other duties as the Manager may, with the Owners’ Committee’s approval, delegate to the Owners’ Committee; and
(d) exercising all other powers and duties conferred on the Owners’ Committee by virtue of the Building Management Ordinance, this Deed and the Estates Rules. (4:02) (a) The Owners’ Committee shall consist of 9 members elected by the Owners for the time being entitled to the exclusive use occupation and enjoyment of the Lot and/or the Estate or part thereof;
OWNERS’ COMMITTEE. (4:01) As soon as practicable and in any event not later than nine months after the date of this Deed, the Manager shall convene the first general meeting of all Owners (and to call further and subsequent meetings if required) for the purpose of electing the members, the chairman, the secretary and the treasurer of the Owners’ Committee or appointing a management committee for the purpose of forming the Corporation. The functions of the Owners’ Committee shall include but not limited to the following :-
(a) representing the Owners in all dealings with the Manager;
(b) giving to the Manager notices on behalf of the Owners;
(c) undertaking such other duties as the Manager may, with the Owners’ Committee’s approval, delegate to the Owners’ Committee; and
(d) exercising all other powers and duties conferred on the Owners’ Committee by virtue of this Deed and the Building Rules. (4:02) (a) The Owners’ Committee shall consist of five members elected by the Owners for the time being entitled to the exclusive use occupation and enjoyment of the Lot and/or the Building or part thereof.
OWNERS’ COMMITTEE. (a) As a means of securing effective cooperation, interchange of information and management of the property owned as tenants in common, on a prompt and orderly basis in connection with various administrative and technical problems which may arise from time to time under the terms and conditions of the Project Agreements, the Owners hereby establish an Owner's Committee.
(b) Each Owner shall notify the other Owner promptly of the designation of its representative on the Owners' Committee and of any subsequent change in its designation. Either of the Owners may, by written notice to the other Owner, designate an alternate or substitute to act as its representative, to act on the Committee in the absence of the regular member of the Committee, or to act on specified occasions or with respect to specified matters.
(c) The Owners' Committee shall have no authority to modify any of the provisions of this Agreement.
(d) The Owners' Committee shall meet at such times and places as agreed upon by the members or when requested by either Owner upon 10 days' notice in writing.
(e) Each Owner shall have the right through its officers, employees or agents to inspect the Project and Project records at any reasonable time and to require that the Project be constructed in accordance with the standards provided in paragraph 4.
OWNERS’ COMMITTEE. (a) Establishment of the Committee; Representatives; Voting Rights. Each of the Owners shall appoint two (2) representatives (each an “Owner Representative”) to a committee of the Owners (collectively, the “Committee”). The Owner Representatives appointed by the Owners shall vote the interests of, and at the direction of, the Owners. An Owner Representative shall not owe any duty, fiduciary or otherwise, to any Owner who did not appoint such person as its Owner Representative. The Owners may replace or substitute any alternative representative as its appointee(s) to the Committee (with or without cause, in its sole discretion), upon written notice to the other Owners and may fill any vacancy in the event that one of the Owner Representatives it appointed either resigns, dies or becomes incapacitated. Any one or more Owner Representatives appointed by an Owner shall vote as a block with an aggregate voting power equal to the then current Ownership Interest of the Owner who appointed them (collectively, the “Voting Interests”) and to the extent that less than all of the Owner Representatives appointed by an Owner are present at a duly called meeting of the Committee, at which a quorum is present, then those one or more Owner Representatives appointed by such Owner who are present at such meeting, nonetheless, shall continue to vote as a block and shall continue to have the same aggregate voting
OWNERS’ COMMITTEE. (a) There shall be an Owners' Committee of the Development consisting of two
OWNERS’ COMMITTEE. 50. Establishment of Owners' Committee
(a) As soon as practicable but not later than nine (9) months from the date of this Deed, the Manager shall convene a meeting of the Owners (and to call further and subsequent meetings if required) to establish an Owners' Committee and appoint a chairman thereof or to appoint a management committee for the purpose of forming an Owners' Corporation under the Building Management Ordinance (Cap.344). The Owners' Committee shall consist of nine (9) members, provided that:-
(i) five (5) members shall be elected from the Residential Towers;
(ii) two (2) members shall be elected from the Owner(s) of the Commercial Accommodation to represent them in the Owners’ Committee;
(iii) one (1) member shall be elected from the Owners of the Carpark's Units to represent them in the Owners’ Committee; and
(iv) one (1) member shall be elected from the Owner(s) of the Government Accommodation to represent them in the Owners’ Committee.
(b) The Owner of Phase 2 shall not be entitled to elect or send their representatives to the Owners’ Committee unless and until after (i) the issuance of the relevant Occupation Permit covering Phase 2 and (ii) the holding of the annual general meeting of the Owners following the issuance of such Occupation Permit.
OWNERS’ COMMITTEE. 7.1 The Manager shall convene the first meeting of the Owners as soon as possible but in any event not later than nine (9) months after the date of this Deed (and to convene further and subsequent meetings if required) to:-
(a) appoint an Owners' Committee and the chairman thereof; or
(b) appoint a management committee for the purpose of forming an Owners' Corporation under the Building Management Ordinance.
7.2 The Owners' Committee shall consist of three (3) members, or such number of members as the Owners may decide from time to time by resolution at a meeting of the Owners.
7.3 The functions of the Owners' Committee shall include the following:-
(a) the representing of the Owners in all dealings with the Manager;
(b) the reviewing of the annual budget and revised budget prepared by the Manager;
(c) the approval of the Development Rules made from time to time by the Manager;
(d) to elect a manager to take the place of the Manager in accordance with the provisions of Clause 4.2 of Section IV; and
(e) the exercise of all other powers and duties conferred on the Owners' Committee by virtue of these presents.
7.4 The following persons shall be eligible for membership of the Owners' Committee:-
(a) Any Owner and, in the event of an Owner being a corporate body, any representative appointed by such Owner. The appointment of a representative by a corporate body shall be in writing addressed to the Owners' Committee (if formed) or to the Manager (if the Owners' Committee is not yet formed) who shall determine its validity and may be revoked at any time on notice in writing being given to the Owners' Committee (if formed) or to the Manager (if the Owners' Committee is not yet formed).
(b) The husband or wife of any Owner duly authorised by the Owner which authorisation shall be in writing addressed to the Owners' Committee (if formed) or to the Manager (if the Owners' Committee is not yet formed) who shall determine its validity and may be revoked at any time on notice in writing being given to the Owners' Committee (if formed) or to the Manager (if the Owners' Committee is not yet formed) PROVIDED THAT such husband or wife resides in the Development.
7.5 A member of the Owners' Committee shall retire from office at every alternate annual meeting following his appointment but shall be eligible for re-election but subject to this he shall hold office until:-
(a) he resigns by notice in writing to the Owners' Committee; or
(b) he ceases to be eligible or is not re...
