Common use of Special Fund Clause in Contracts

Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a Special Fund to provide for expenditure of a capital nature or of a kind not expected by it to be incurred annually including expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the expense of preparing the revised Schedule 9 and/or the revised W&I Maintenance Manual under Clause 14.11 (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 2 contracts

Samples: Management Agreement, www.themet.com.hk

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Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a Special Fund to provide for expenditure of a capital nature or of a kind not expected by it the Manager to be incurred annually including but not limited to expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the costs and expense of preparing the revised Schedule 9 8 and/or the revised W&I Maintenance Manual under Clause 14.11 14.10(d) (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 1 contract

Samples: 852images.oss-cn-hongkong.aliyuncs.com

Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a Special Fund to provide for expenditure of a capital nature or of a kind not expected by it the Manager to be incurred annually including expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the costs and expense of preparing the revised Schedule 9 7 and/or the revised W&I Maintenance Manual under Clause 14.11 (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 1 contract

Samples: www.bloomsway.com.hk

Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a one Special Fund to provide for expenditure of a capital nature or of a kind not expected by it to be incurred annually including expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the expense of preparing the revised Schedule 9 and/or the revised W&I Maintenance Manual under Clause 14.11 (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 1 contract

Samples: www.vauresidence.com.hk

Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a one Special Fund to provide for expenditure of a capital nature or of a kind not expected by it the Manager to be incurred annually including but not limited to expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the costs and expense of preparing the revised Schedule 9 8 and/or the revised W&I Maintenance Manual under Clause 14.11 14.10 (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 1 contract

Samples: www.thegrandmarine.com.hk

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Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a one Special Fund to provide for expenditure of a capital nature or of a kind not expected by it the Manager to be incurred annually including but not limited to expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the costs and expense of preparing the revised Schedule 9 and/or the revised W&I Maintenance Manual under Clause 14.11 14.10(d) (in this Clause 10.4, the “Non-Recurrent ExpenditureExpenditure ”).

Appears in 1 contract

Samples: www.ksummit.com.hk

Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a Special Fund to provide for expenditure of a capital nature or of a kind not expected by it to be incurred annually including but is not limited to expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the expense of preparing the revised Schedule 9 and/or 8 and the revised W&I Maintenance Manual under Clause 14.11 (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 1 contract

Samples: 80maidstoneroad.hk

Special Fund. (a) The Manager shall establish and maintain as trustee for all Owners a one Special Fund to provide for expenditure of a capital nature or of a kind not expected by it to be incurred annually including but not limited to expenses for the renovation, improvement and repair of the Common Parts, the purchase, setting up, replacement, improvement and addition of installations, systems, equipment, tools, plant and machineries for the Common Parts and the costs of relevant investigation works and professional services and the costs and expense of preparing the revised Schedule 9 8 and/or the revised W&I Maintenance Manual under Clause 14.11 (in this Clause 10.4, the “Non-Recurrent Expenditure”).

Appears in 1 contract

Samples: www.theentrance.com.hk

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