Common use of THE RULES Clause in Contracts

THE RULES. 17.1 The Purchaser grants to the Seller an irrevocable power of attorney in rem suam (operative from the time the Purchaser becomes the registered owner of the Section) to attend the first meeting of the Body Corporate and on behalf of and to the exclusion of the Purchaser to vote at the first meeting for the amendment and/or adoption of the Rules. 17.2 The Purchaser shall become a member of the Body Corporate on the Transfer Date and shall be subject to the Rules.

Appears in 2 contracts

Sources: Agreement of Sale, Agreement of Sale

THE RULES. 17.1 The Purchaser grants to the Seller an irrevocable power of attorney in rem suam (operative from the time the Purchaser becomes the registered owner of the SectionProperty) to attend the first meeting of the Body Corporate Association and there on behalf of and to the exclusion of the Purchaser Purchaser, to vote at the first meeting for the amendment and/or adoption of the Rules. 17.2 The Purchaser shall become a member of the Body Corporate on the Transfer Date Conduct Rules and shall be subject Architectural Design Standards Guide pertaining to the RulesDevelopment.

Appears in 1 contract

Sources: Agreement of Sale

THE RULES. 17.1 The Purchaser grants to the Seller an irrevocable power of attorney in rem suam (operative from the time the Purchaser becomes the registered owner of the Section) to attend the first meeting of the Body Corporate and on behalf of and to the exclusion of the t he Purchaser to vote at the first meeting for the amendment of the Rules and/or adoption of the Rulesadditional rules. 17.2 The Purchaser shall become a member of the Body Corporate on the Transfer Date and shall be subject to the RulesRules .

Appears in 1 contract

Sources: Sale Agreement

THE RULES. 17.1 The Purchaser grants to the Seller an irrevocable power of attorney in rem suam (operative from the time the Purchaser becomes the registered owner of the Section) to attend the first meeting of the Body Corporate and on behalf of and to the exclusion of the Purchaser to vote at the first meeting for the amendment of the Rules and/or adoption of the Rulesadditional rules. 17.2 The Purchaser shall become a member of the Body Corporate on the Transfer Date and shall be subject to the Rules.

Appears in 1 contract

Sources: Sale Agreement