Common use of Right to adjust, allocate or re-allocate Undivided Shares Clause in Contracts

Right to adjust, allocate or re-allocate Undivided Shares. Subject to the Government Lease and this Deed, the right without the concurrence or approval of the other Owners to adjust and/or allocate and from time to time re-allocate the Undivided Shares retained by the First Owner to any of the Units and the Undivided Shares relating thereto and the fraction which each such Undivided Share bears to the whole PROVIDED THAT such adjustment, allocation and/or re-allocation:-

Appears in 4 contracts

Samples: And Management Agreement, And Management Agreement, Covenant and Management Agreement

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Right to adjust, allocate or re-allocate Undivided Shares. Subject to the Government Lease Conditions and this Deed, the right without the concurrence or approval of the other Owners to adjust and/or allocate and from time to time re-allocate the Undivided Shares retained by the First Owner to any of the Units and the Undivided Shares relating thereto and the fraction which each such Undivided Share bears to the whole PROVIDED THAT such adjustment, allocation and/or re-allocation:-allocation :-

Appears in 1 contract

Samples: Covenant and Management Agreement

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