Condominium Board definition

Condominium Board means, with respect to each Condominium, the board of directors of the applicable condominium association or governing body.
Condominium Board means the board of managers or like administrative body of the Condominium established pursuant to the Condominium Documents.
Condominium Board means the “Board”, the “Board of Directors” or the “Condominium Board” (as described in the Declaration) managing the Condominium by virtue of the Condominium Act and the Condominium Documents on behalf of all the owners of the Units comprising the Condominium.

Examples of Condominium Board in a sentence

  • Notwithstanding the foregoing, if, during an Event of Default, any of the directors of any Condominium Board resign or if ▇▇▇▇▇▇ elects to cause the resignation of any directors of a Condominium Board, Lender may exercise its rights under the irrevocable voting proxy delivered to Lender on the Closing Date to elect new directors of its choice.


More Definitions of Condominium Board

Condominium Board means (i) the organization managing the Condominium by virtue of the Condominium Act and the Condominium Documents on behalf of all the owners of the Units comprising the Condominium and (ii) the organization managing Office Unit 1(as such term is defined in the Condominium Declaration) and Office Unit 2 (as such term is defined in the Condominium Declaration) by virtue of the Condominium Act and the Condominium Documents on behalf of all the owners of the Office Units (as such term is defined in the Condominium Declaration).
Condominium Board means the board of directors or managers of the Condominium Association.
Condominium Board means, as applicable, the Board of Managers, the FC Board of Managers and/or the NYTC Board of Managers (as such terms are each defined in the Condominium Declaration).
Condominium Board means the executive board of the Condominium Association.
Condominium Board means the Board of Directors or the Association of an Individual Property.
Condominium Board means the board that governs the business and affairs of the condominium that is created by the Condominium Declaration.
Condominium Board means the nine (9) member Board of Managers of the Condominium established by the terms of the Declaration and By-Laws.