Common use of Use of Residential Units Clause in Contracts

Use of Residential Units. (a) No Residential Unit shall be used for any purpose other than for private residential purpose and in particular no Residential Unit shall be used as a boarding house, apartment house, guesthouse, sleeping accommodation or for any form of commercial letting or occupancy in bed spaces or cubicles (irrespective of whether it is on a long-term or on a temporary basis and irrespective of whether or not any money or other form of consideration is payable therefor) SAVE AND EXCEPT that the First Owner may use any such Residential Units owned by him as show flats for such period or periods as it shall in its reasonable discretion consider appropriate.

Appears in 4 contracts

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

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Use of Residential Units. (a) No Residential Unit shall be used for any purpose other than for private residential purpose and in particular no Residential Unit shall be used as a boarding house, apartment house, guesthouse, sleeping accommodation or for any form of commercial letting or occupancy in bed spaces or cubicles (irrespective of whether it is on a long-term or on a temporary basis and irrespective of whether or not any money or other form of consideration is payable therefor) SAVE AND EXCEPT that the First Owner Owners may use any such Residential Units owned by him as show flats for such period or periods as it shall in its reasonable discretion consider appropriate.

Appears in 1 contract

Samples: Management Agreement

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