Common use of Right to enter into Deed(s) of Grant of Easement Clause in Contracts

Right to enter into Deed(s) of Grant of Easement. Without prejudice to the generality of sub-clause (m) and (n) above and subject to the prior written approval of the Owners’ Committee or the Owners’ Corporation (if formed), the right, with or without joining any Owner, to enter into any deed or deeds of grant of easement in favour of the owners and/or occupiers of neighbouring premises or any easement or right of way exercisable by the Owners of the Land over any neighbouring premises at any time or times and on such terms and subject to such conditions and with such party or parties as the First Owner may deem appropriate, and to enter into any deed or deeds, at any time or times, to vary, amend or otherwise alter the terms, conditions or covenants of such deed or deeds so long as the same does not or do not affect the right of any Owner to the exclusive use and occupation of his Unit and does not impede or restrict the access to and from any part or parts of the Building and the Land and PROVIDED THAT all monetary consideration (if any) received therefor pursuant to this sub-Clause shall be paid into the Special Fund.

Appears in 3 contracts

Samples: And Management Agreement, And Management Agreement, And Management Agreement

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Right to enter into Deed(s) of Grant of Easement. Without prejudice to the generality of sub-clause (m) and (n) above and subject to the prior written approval of the Owners’ Committee or the Owners’ Corporation (if formed), the right, with or without joining any Owner, to enter into any deed or deeds of grant of easement in favour of the owners and/or occupiers of neighbouring premises or any easement or right of way exercisable by the Owners of the Land over any neighbouring premises at any time or times and on such terms and subject to such conditions and with such party or parties as the First Owner Owners may deem appropriate, and to enter into any deed or deeds, at any time or times, to vary, amend or otherwise alter the terms, conditions or covenants of such deed or deeds so long as the same does not or do not affect the right of any Owner to the exclusive use and occupation of his Unit and does not impede or restrict the access to and from any part or parts of the Building and the Land and PROVIDED THAT all monetary consideration (if any) received therefor pursuant to this sub-Clause shall be paid into the Special Fund.

Appears in 1 contract

Samples: Management Agreement

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