Grant and acceptance of leases, rights Clause Samples
Grant and acceptance of leases, rights. (a) To, subject to the prior approval of the Owners’ Committee, grant upon such terms as it considers appropriate:
(i) rights of way and other easements and rights of any other kind (whether constituting an interest in land or otherwise) over or relating to any Common Parts or any part of the Land not forming part of a Unit; and
(ii) franchises, leases or tenancy agreements in respect of and licences to use any Common Parts; in either case to such persons (including, without limitations, owners or occupiers of any adjoining or neighbouring property, the Government or members of the general public). All income and receipts arising therefrom shall form part of the Management Funds.
(b) To obtain, upon such terms as the Manager deems fit but subject to the prior approval of the Owners’ Committee, grant of easements, licences or rights of any other kind whether constituting an interest in land or otherwise which will, in the opinion of the Manager, benefit the Owners and occupiers of the Land and to perform all terms and conditions on which such a grant is made.
Grant and acceptance of leases, rights. (a) Subject to the Land Grant, to, subject to the prior approval by a resolution of the Owners’ meeting convened under this Deed, grant upon such terms as it considers appropriate:
(i) rights of way and other easements and rights of any other kind (whether constituting an interest in land or otherwise) over or relating to any Common Parts; and
(ii) leases or tenancy agreements in respect of and licences to use any Common Parts; in either case to any person (including, without limitations, owners or occupiers of any adjoining or neighbouring property, the Government or members of the general public), Provided That all Owners' right, interest, use, access and enjoyment of their Units must not be affected or interfered with by the exercise of the right conferred herein. All income and receipts arising therefrom shall form part of the Management Funds.
(b) To, subject to the prior approval by a resolution of the Owners’ meeting convened under this Deed, obtain, upon such terms as the Manager deems fit grant of leases, tenancies, easements, licences or rights of any other kind whether constituting an interest in land or otherwise which will, in the opinion of the Manager, benefit the Owners and occupiers of the Land and to perform all terms and conditions on which such a grant is made.
Grant and acceptance of leases, rights. (a) To, subject to the prior approval of Owners at an Owners’ meeting convened under this Deed, grant upon such terms as it considers appropriate:
(i) rights of way and other easements and rights of any other kind (whether constituting an interest in land or otherwise) over or relating to any Common Parts or any part of the Land not forming part of a Unit; and
(ii) franchises, leases or tenancy agreements in respect of and licences to use any Common Parts; in either case to such persons (including, without limitations, owners or occupiers of any adjoining or neighbouring property, the Government or members of the general public). All income and receipts arising therefrom shall form part of the Management Funds.
(b) To obtain, upon such terms as the Manager deems fit but subject to the prior approval of Owners at an Owners’ meeting convened under this Deed, grant of easements, licences or rights of any other kind whether constituting an interest in land or otherwise which will, in the opinion of the Manager, benefit the Owners and occupiers of the Land and to perform all terms and conditions on which such a grant is made.
Grant and acceptance of leases, rights. (a) Subject to the Government Grant and the prior written approval by a resolution passed by the Owners at an Owners’ meeting convened under this Deed, to obtain a grant of easements, quasi-easements, rights of way, rights, privileges and licences to and to enter into such arrangements and agreements with owners and occupiers of land adjoining the Land or other land in respect of any such land upon such terms and conditions as the Manager may in its reasonable discretion think fit PROVIDED THAT the exercise of such power shall not interfere with any Owner’s right to hold, use, occupy and enjoy his Unit or impede or restrict the access to and from his Unit and any receipt from the exercise of such right shall be credited to the Special Fund.
(b) Without prejudice to paragraph 5(e) of this Schedule and subject to the Government Grant and the prior written approval by a resolution passed by the Owners at an Owners’ meeting convened under this Deed, to grant easements, quasi-easements and rights of way to and to enter into such arrangements and agreements with owners and occupiers of land adjoining the Land or other land in respect of any Common Areas and Facilities (except the Recreational Facilities and the Covered Landscaped and Play Areas) upon such terms and conditions as the Manager may in its reasonable discretion think fit PROVIDED THAT any such easements, quasi-easements and rights of way shall not interfere with any Owner’s right to hold, use, occupy and enjoy his Unit or impede or restrict the access to and from his Unit and any receipt from the exercise of such right shall be credited to the Special Fund.
(c) Subject to the prior written approval of the Owners’ Committee, to grant franchises, leases, tenancy agreements and licences to other persons to use such of the Common Areas and Facilities and on such terms and conditions and for such consideration as the Owners’ Committee may approve fit PROVIDED THAT such use shall not be in breach of the Government Grant and this Deed and shall not interfere with any Owner’s right to hold, use, occupy and enjoy his Unit or impede or restrict the access to and from his Unit and all income arising therefrom shall be credited to the Special Fund.