Undivided Shares definition

Undivided Shares means those equal undivided parts or shares of and in the Lot and of and in the Development allocated in accordance with the provisions of these presents or in accordance with any Sub-Deed;

Undivided Shares means that or those equal undivided part(s) or share(s) of and in the said land and the Estate allocated in accordance with the provisions of this Deed or in accordance with any Sub-Deed (if any);

Undivided Shares. All those 50,716 equal undivided parts or shares of and in the Lot and the Development allocated to the Units and the Common Areas and Common Facilities as set out in the First Schedule hereto or a sub-deed of mutual covenant (if any).

Examples of Undivided Shares in a sentence

• At any time upon request by the Owners’ Corporation, the Manager must assign the said Undivided Shares to the Owners’ Corporation free of costs and consideration and the Owners' Corporation must hold them on trust for the benefit of all Owners.

• A quorum shall consist of Owners holding not less than 75% of the Undivided Shares (excluding the Undivided Shares allocated to the Common Areas and the Common Facilities) allocated to the Development (if whole of the Development is damaged) or that part of the Development so damaged.

• Flats (see Table of Undivided Shares of the Flats for respective nos.

• Enforcement of charge (5) Any charge registered in accordance with the last preceding clause shall be enforceable as an equitable charge by action at the suit of the Manager for an order for the sale of the Undivided Share or Undivided Shares of the defaulting Owner together with the right to the exclusive use occupation and enjoyment of his Unit or Units and Clause (3) of this Sub-Section (E) shall apply equally to any such action.

More Definitions of Undivided Shares

Undivided Shares. All or any of the 3,781 equal undivided parts or shares into which the Land and the Estate are notionally divided. "Works and Installation" The major works and installations in the Estate (whether forming part of the Estate Common Areas and Estate Common Facilities or not) as set out in the Third Schedule hereto which require regular maintenance on a recurrent basis.

Undivided Shares. All or any of the [ ] equal undivided parts or shares into which the Land and the Estate are notionally divided.

Undivided Shares. All those 2,186,307th equal undivided parts or shares of and in the Land and the Development as set out in the First Schedule hereto.

Undivided Shares means those Shares as to which no Effective Estate Freeze Election has been made and is in effect and those Shares resulting from the automatic conversion of Preferred Shares and Common Shares.

Undivided Shares means those equal undivided parts or shares of and in the Land and the Development allocated in accordance with the FIRST SCHEDULE hereto;

Undivided Shares. All those 7,276 equal undivided 7,785th parts or shares of and in the Lot and the Building allocated to the Residential Units, the Car Parks, the Tutorial School and the Common Areas of the Phase and Common Facilities of the Phase as set out in the First Schedule hereto.

Undivided Shares. All those [ ] equal undivided parts or shares of and in the Lot and the Estate allocated to the Units and the Common Areas and Common Facilities as set out in the First Schedule hereto.