Withdrawal from Share Ownership. Withdrawal of the Qualifying Resident from Share Ownership of the Mutual shall terminate this Agreement, and withdrawal shall occur: (a) at any time by written agreement signed by the Qualifying Resident and the Mutual; (b) by the Qualifying Resident giving at least one (1) full calendar months' notice of withdrawal in writing, the time being calculated from the last day of the month in which notice is given; or (c) in the circumstances provided for withdrawal specified in the Governing Documents of the Mutual; or (d) termination based upon a breach of this Agreement and/or the Governing Documents.
Appears in 5 contracts
Samples: Occupancy Agreement, Occupancy Agreement, Occupancy Agreement
Withdrawal from Share Ownership. Withdrawal of the Qualifying Resident Shareholder from Share Ownership of the Mutual shall terminate this AgreementAddendum and Lease, and withdrawal shall occur:
(a) at any time by written agreement signed by the Qualifying Resident Shareholder and the Mutual;
(b) by the Qualifying Resident Shareholder giving at least one (1) full calendar months' notice of withdrawal in writing, the time being calculated from the last day of the month in which notice is given; or
(c) in the circumstances provided for withdrawal specified in the Governing Documents of the Mutual; or
(d) termination based upon a breach of this Addendum, the Agreement and/or the Governing Documents.
Appears in 1 contract
Samples: Occupancy Agreement
