Additional rights of First Owner Clause Samples
The 'Additional rights of First Owner' clause defines specific privileges or entitlements granted to the original owner of a work or property, beyond the standard rights typically provided. This may include exclusive rights to reproduce, distribute, or license the work, or to receive royalties from subsequent uses. By clearly outlining these extra rights, the clause ensures that the First Owner retains certain controls or benefits, addressing potential ambiguities and protecting their interests in future dealings.
Additional rights of First Owner. Notwithstanding anything herein contained, each and every Owner covenants with the First Owner with the intent that the covenants, rights, entitlements, exceptions and reservations herein conferred upon the First Owner shall bind each and every Owner and their respective successors and assigns and are intended to run and shall run with the Land and the Building and any interest therein that the First Owner shall, in addition to any other rights which it may have reserved under the said Assignment to the First Assignee or otherwise, and for as long as the First Owner or its subsidiaries or associated companies or holding companies or any subsidiary of such holding company remains the beneficial owner of any Undivided Share, have the sole and absolute right in its absolute discretion at any time or times and from time to time as it shall deem fit, to do all or any of the following acts or deeds and to exercise all or any of the following rights:-
Additional rights of First Owner. The First Owner excluding its assigns shall for as long as it remains the Owner of any Undivided Share have the sole and absolute right in its absolute and unfettered discretion at any time or times and from time to time as it shall deem fit to do all or any of the following acts or deeds and to exercise all or any of the following rights :-
(a) To amend Building Plans etc. The right to change, amend, vary, add to or alter the Building Plans existing at the date hereof relating to parts of the Lot and the Development owned by the First Owner without the concurrence or approval of any Owner or any of the parties hereto but nothing herein shall absolve the First Owner from the requirements of obtaining the prior written consent of the Director of Lands or other Government authorities pursuant to the Conditions PROVIDED THAT any such change, amendment, variation, addition or alteration shall not interfere with an Owner’s right to hold, use, occupy and enjoy his Unit or impede or restrict the access to and from his Unit.
Additional rights of First Owner. Each and every Owner covenants with the First Owner with the intent that the covenants, rights, entitlements, exceptions and reservations herein conferred upon the First Owner shall bind each and every Owner and their respective successors and assigns and are intended to run and shall run with the Land and the Development and any interest therein that the First Owner excluding its assigns shall, for as long as the First Owner remains the beneficial owner of any Undivided Share, have the right to do all or any of the following acts or deeds and to exercise all or any of the following rights :-
Additional rights of First Owner. The First Owner (which for the purposes of this Clause 8 shall exclude its successors and assigns) shall for as long as it remains the beneficial owner of any Undivided Share have the sole and absolute right in its absolute and unfettered discretion at any time or times and from time to time as it shall deem fit to do all or any of the following acts or deeds and to exercise all or any of the following rights :-
(a) To amend Building Plans etc.
(1) any such change, amendment, variation, addition or alteration shall not interfere with an Owner's right to hold, use, occupy and enjoy the part of the Development which he owns or impede or restrict the access to and from any such part of the Development
(2) any exercise of this right affecting the Common Areas and Facilities shall require the prior written approval by a resolution of Owners at an Owners' meeting convened under this Deed and
(3) if any exercise of this right should affect the Common Areas and Facilities or any part of the Development owned by certain Owner or Owners, then any benefit, concession or compensation, whether monetary or otherwise, acquired as a result of such exercise of this right shall accrue to all Owners or the relevant Owner or Owners concerned as the case may be.
Additional rights of First Owner. The First Owner (which expression shall for the purpose of this Clause exclude its assigns) shall for as long as it remains the beneficial owner of any Undivided Share have the sole and absolute right in its absolute and unfettered discretion at any time or times and from time to time as it shall deem fit to do all or any of the following acts or deeds and to exercise all or any of the following rights :-
(a) To amend Building Plans etc. The right to change, amend, vary, add to or alter the Landscape Master Plan and the Building Plans existing at the date hereof relating to the parts of the uncompleted Phase(s) of the Development which have not been sold or assigned by the First Owner or the parts of the Lot and the Development owned by the First Owner without the concurrence or approval of any Owner or any of the parties hereto but nothing herein shall absolve the First Owner from the requirements of obtaining the prior written consent of the Director of Lands or other Government authorities pursuant to the Conditions PROVIDED THAT any such change, amendment, variation, addition or alteration shall not interfere with an Owner’s right to hold, use, occupy and enjoy the part of the Development which he owns or impede or restrict the access to and from any such part of the Development and PROVIDED FURTHER THAT the exercise of this right should not affect the Common Areas and Facilities or any part of the Development owned by all the Owners.
(b) To modify Conditions etc. Subject to the prior approval by a resolution of Owners at an Owners’ meeting convened under this Deed, the right to apply to negotiate and agree with the Government to amend, vary or modify the Conditions (including the plan(s) annexed thereto) or any conditions thereof or to procure a licence or easement from the Government or any other person for installing on Government land pipes, sewers, subways or other facilities whether serving exclusively the Lot and/or the Development or any part thereof or otherwise in such manner as the First Owner may deem fit and to execute any documents in the name of the First Owner in connection therewith without the necessity of joining in any other Owner, including and not without limiting the generality of the foregoing, any amendment, variation or modification of the Conditions (including the plan(s) annexed thereto) the effect of which is to:
(i) alter or vary the permitted use or density of Development or any part or parts thereof; or
(ii) alter or var...
Additional rights of First Owner. The First Owner excluding its assigns shall for as long as it remains the Owner of any Undivided Share have the sole and absolute right in its absolute and unfettered discretion at any time or times and from time to time as it shall deem fit to do all or any of the following acts or deeds and to exercise all or any of the following rights :-
(a) To amend Building Plans etc. The right to change, amend, vary, add to or alter the Building Plans existing at the date hereof relating to parts of the Lot and the Development owned by the First Owner without the concurrence or approval of any Owner or any of the parties hereto but nothing herein shall absolve the First Owner from the requirements of obtaining the prior written consent of the Director of Lands or other Government authorities pursuant to the Conditions PROVIDED THAT any such change, amendment, variation, addition or alteration shall not interfere with an Owner’s right to hold, use, occupy and enjoy his Unit or impede or restrict the access to and from his Unit.