Right to change name of the Development Sample Clauses

Right to change name of the Development. The right to change the name of the Development at the First Owner’s costs and expenses PROVIDED THAT written approval by a resolution of Owners at an Owners’ meeting convened under this Deed has been obtained before the exercise of the right reserved hereunder; Unless otherwise stated any consideration received or receivable in the exercise by the First Owner of any of the rights and privileges reserved unto it under this Clause 3.1 shall if the First Owner deems fit be for the own use and benefit of the First Owner and may be on such terms and conditions as the First Owner may deem appropriate and unless otherwise stated any such rights and privileges may be exercised and enjoyed without the concurrence or consent of any other Owner or the necessity of joining any other Owner as parties to any documents PROVIDED THAT notwithstanding anything contained in the foregoing provision to the contrary, if such rights and privileges shall be affecting, arising out of or in connection with the Common Areas and Facilities, any such monetary consideration received therefor as aforesaid shall be credited to the management account for the management and maintenance of the Land and the Development or the Special Fund (as the case may be).
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Related to Right to change name of the Development

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  • COMMERCIAL REUSE OF SERVICES The member or user herein agrees not to replicate, duplicate, copy, trade, sell, resell nor exploit for any commercial reason any part, use of, or access to 's sites.

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