Owners’ Meeting. From time to time as occasion may require there shall be meetings of the Owners to discuss and decide matters concerning the Land and the Development. For the purpose of this Section VIII, unless otherwise expressly stated, any reference to "Owner" or "Owners" shall exclude the Owner(s) of the Common Areas and Facilities. In regard to such Owners' meetings the following provisions shall apply :-
(a) A meeting of the Owners may be convened by :-
(i) the Owners' Committee;
(ii) the Manager; or
(iii) an Owner appointed to convene such a meeting by the Owners who in aggregate have vested in them for the time being not less than five per cent (5%) of the total number of Undivided Shares excluding the Undivided Shares allocated to the Common Areas and Facilities.
(b) The person convening the meeting of the Owners shall, at least fourteen (14) days before the date of the meeting, give notice of the meeting to each Owner. Such notice of meeting shall specify :-
(i) the date, time and place of the meeting; and
(ii) the resolutions (if any) that are to be proposed at the meeting.
(c) The notice of meeting referred to in Clause 8.1(b) may be given :-
(i) by delivering it personally to the Owner;
(ii) by sending it by post to the Owner at his last known address; or
(iii) by leaving it at the Owner's Unit or depositing it in the letter box for that Unit.
(i) No business shall be transacted at any meeting unless a quorum is present when the meeting proceeds to business and 10% of the Owners present in person or by proxy shall be a quorum. If there is no quorum at any time within thirty (30) minutes from the time appointed for the meeting, such meeting shall be dissolved.
(ii) For the purposes of Clause 8.1(d)(i) above, the reference to "10% of the Owners" shall :-
(1) be construed as a reference to 10% of the number of persons who are Owners without regard to their ownership of any particular percentage of the total number of Undivided Shares into which the Development is divided; and
(2) not be construed as the Owners of 10% of the Undivided Shares in aggregate.
(e) A meeting of the Owners shall be presided over by the chairman of the Owners' Committee or, if the meeting is convened under Clause 8.1(a)(ii) or (iii), the person convening the meeting.
(f) The chairman shall cause a record to be kept of the persons present at the meeting and the proceedings thereof.
(g) At a meeting of the Owners :-
(i) an Owner shall have one vote in respect of each Undivided Share he ow...
Owners’ Meeting. From time to time as occasion may require there shall be meetings of the Owners to discuss and decide matters concerning the Land and the Building and the first of such meeting of the Owners shall be convened by the Manager as soon as possible but not later than nine (9) months after the date of this Deed, to appoint a Chairman and the Owners’ Committee or a management committee for the purpose of forming an Owners’ Corporation under the BMO. For the purpose of this Section VIII, unless otherwise expressly stated, any reference to "Owner" or "Owners" shall exclude the Owner(s) of the Common Areas and Facilities. In regard to such Owners’ meetings the following provisions shall apply:-
(a) A meeting of the Owners may be convened by:
(i) the Owners’ Committee;
(ii) the Manager; or
(iii) an Owner appointed to convene such a meeting by the Owners who in aggregate have vested in them for the time being not less than five per cent (5%) of the total number of Undivided Shares excluding the Undivided Shares allocated to the Common Areas and Facilities.
(b) The person convening the meeting of the Owners shall, at least fourteen (14) days before the date of the meeting, give notice of the meeting to each Owner. Such notice of meeting shall specify:
(i) the date, time and place of the meeting; and
(ii) the resolutions (if any) that are to be proposed at the meeting.
Owners’ Meeting. Antares shall, periodically, consult with the Owner regarding the Courses and its operations at a reasonable time, date and place designated by Owner.
Owners’ Meeting. CDT shall, periodically, consult with the Owner and the Rome Tennis Steering Committee, which consists of the City Manager, a member of the Xxxxx College Board of Trustees, President of Xxxxx College, Chief Financial Officer for Xxxxx College, Board member of Coosa Valley Tennis Association, Director of Rome Sports, and Director of Rome Tourism, regarding the Centers and its operations at a time, date, and place des- ignated by Owner.
Owners’ Meeting. There will be a quarterly meeting between the Owner, the Operator's Home Office representatives and the appropriate members of the Project's Executive Committee. At the quarterly meeting, the agenda will consist of review of financial performance, ninety (90) day forecasts, review of marketing strategies, reviews and status of all capital projects, capital planning sessions and any matters relevant to management and operation of the Project.
Owners’ Meeting
