Common use of STATUTORY SUPERVISOR Clause in Contracts

STATUTORY SUPERVISOR. 49.1 If the Statutory Supervisor retires or his appointment is otherwise terminated, we will (subject to any approval required by law) appoint another person or corporation to be the Statutory Supervisor of the Village. 49.2 Subject to the operation of law, the position of the Statutory Supervisor will not be vacated until: (a) our appointment of a new Statutory Supervisor; and (b) that new Statutory Supervisor's acceptance of its appointment; and (c) the execution by that new Statutory Supervisor of a Deed of Supervision whereby it accedes to the duties and powers of the Statutory Supervisor under that Xxxx.

STATUTORY SUPERVISOR. 49.1 53.1 The Operator and the Resident each agree to be bound by the terms of the Deed of Supervision. 53.2 If the Statutory Supervisor retires or his appointment is otherwise terminated, we will (subject to any approval required by law) appoint another person or corporation to be the Statutory Supervisor of the Village. 49.2 53.3 Subject to the operation of law, the position of the Statutory Supervisor will not be vacated until: (a) our appointment of a new Statutory Supervisor; and (b) that new Statutory Supervisor's acceptance of its appointment; and (c) the execution by that new Statutory Supervisor of a Deed of Supervision whereby it accedes to the duties and powers of the Statutory Supervisor under that Xxxx.Deed. General Obligations of both of Us

STATUTORY SUPERVISOR. 49.1 53.1 The Operator and the Resident each agree to be bound by the terms of the Deed of Supervision. 53.2 If the Statutory Supervisor retires or his appointment is otherwise terminated, we will (subject to any approval required by law) appoint another person or corporation to be the Statutory Supervisor of the Village. 49.2 53.3 Subject to the operation of law, the position of the Statutory Supervisor will not be vacated until: (a) our appointment of a new Statutory Supervisor; and (b) that new Statutory Supervisor's acceptance of its appointment; and (c) the execution by that new Statutory Supervisor of a Deed of Supervision whereby it accedes to the duties and powers of the Statutory Supervisor under that XxxxDeed.

STATUTORY SUPERVISOR. 49.1 50.1 If the Statutory Supervisor retires or his appointment is otherwise terminated, we will (subject to any approval required by law) appoint another person or corporation to be the Statutory Supervisor of the Village. 49.2 50.2 Subject to the operation of law, the position of the Statutory Supervisor will not be vacated until:until:‌ (a) our appointment of a new Statutory Supervisor; and (b) that new Statutory Supervisor's acceptance of its appointment; and (c) the execution by that new Statutory Supervisor of a Deed of Supervision whereby it accedes to the duties and powers of the Statutory Supervisor under that XxxxDeed.