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Exchange is Allowed
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Common use of Exchange is Allowed Clause in Contracts

Exchange is Allowed. Both an Internal and External Exchange are allowed; subject to 2.05(c) and 2.07(c).

Appears in 2 contracts

Sources: Owners Agreement, Owners Agreement

Related Clauses

ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION
Return of Contribution Nonrecourse to Other Members
Early Distribution Penalty Tax
Contribution Payment
Distribution Assistance Fees (Asset-Based Sales Charge) Payments

Parent Clauses

No Responsibility
General Limitations on Contracts the Board May Make
The Board must Retain a Property Manager at All Times and May Delegate Powers and Duties to It
Exchange Use

Sub-Clauses

Definitions
Exhibits
Creation of Intervals

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