Common use of REFORMS Clause in Contracts

REFORMS. This Bylaw shall be duly approved and enter in effect from the moment in which the Condominium is registered in the Public Registry. Any reform to this Bylaw, as well as the emission of new text shall correspond solely and exclusively to the Joint Owners Meeting, by unanimous decision of all the Condominium owners, according to the provision of Article 27, Paragraph 5, of the Law. In accordance with the above, any reform or draft of a new Bylaw must be verified by public deed and registered in the Public Registry, if such procedure is possible.

Appears in 2 contracts

Samples: Lease Agreement (Establishment Labs Holdings Inc.), Lease Agreement (Lpath, Inc)

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REFORMS. This Bylaw shall be duly approved and enter in effect from the moment in which the Condominium is registered in the Public Registry. Any reform to this Bylaw, as well as the emission of new text shall correspond solely and exclusively to the Joint Owners Condominium Owners’ General Meeting, by unanimous decision of all the Condominium owners, according to the provision of Article 27Twenty-Seven, Paragraph 5, of the Law. In accordance with the above, any reform or draft of a new Bylaw must be verified by public deed and registered in the Public Registry, if such procedure is possible. SECOND CHAPTER.

Appears in 1 contract

Samples: Lease Agreement (Align Technology Inc)

REFORMS. This Bylaw shall be duly approved and enter in effect from the moment in which the Condominium is registered in the Public Registry. Any reform to this Bylaw, as well as the emission of new text shall correspond solely and exclusively to the Joint Owners Condominium Owners' General Meeting, by unanimous decision of all the Condominium owners, according to the provision of Article 27Twenty-Seven, Paragraph 5, of the Law. In accordance with the above, any reform or draft of a new Bylaw must be verified by public deed and registered in the Public Registry, if such procedure is possible.. SECOND

Appears in 1 contract

Samples: Lease Agreement (Novacept Inc)

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REFORMS. This Bylaw shall be duly approved and enter in effect from the moment in which the Condominium is registered in the Public Registry. Any reform to this Bylaw, as well as the emission of new text shall correspond solely and exclusively to the Joint Owners Meeting, by unanimous decision of all the Condominium owners, according to the provision of Article 27, Paragraph 5, of the Law. In accordance with the above, any reform or draft of a new Bylaw must be verified by public deed and registered in the Public Registry, if such procedure is possible. SECOND CHAPTER.

Appears in 1 contract

Samples: Lease Agreement

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