Common use of Right to dedicate to public part of the Land Clause in Contracts

Right to dedicate to public part of the Land. Subject to the prior approval of the Owners’ Committee or the Owners’ Corporation (if formed), the right to dedicate to the public any part or parts of the Land and the Building for the purposes of passage with or without vehicles or in such manner as the First Owner shall in its absolute discretion deem fit PROVIDED THAT:- (i) in making such dedication the First Owner shall not unreasonably interfere with an Owner’s right to hold, use, occupy and enjoy the Unit which he owns and to have unimpeded access to and from such Unit; and (ii) any benefit, concession or compensation acquired shall be paid into the Special Fund.

Appears in 5 contracts

Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement

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Right to dedicate to public part of the Land. Subject to the prior approval of the Owners’ Committee or the Owners’ Corporation (if formed), the right to dedicate to the public any part or parts of the Land and the Building for the purposes of passage with or without vehicles or in such manner as the First Owner Owners shall in its absolute discretion deem fit PROVIDED THAT:- (i) in making such dedication the First Owner Owners shall not unreasonably interfere with an Owner’s right to hold, use, occupy and enjoy the Unit which he owns and to have unimpeded access to and from such Unit; and (ii) any benefit, concession or compensation acquired shall be paid into the Special Fund.

Appears in 1 contract

Samples: Deed of Mutual Covenant and Management Agreement

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