Common use of Transfer of the Unit Clause in Contracts

Transfer of the Unit. Shareholders agree that prior to the sale or transfer of the Unit to another, either: (i) the Installation and related components shall be removed and the common area restored back to its original condition, at the Shareholders’ expense, or (ii) the transferee of the Unit shall sign a counterpart addendum to this Agreement whereby the transferee agrees to assume, abide by, and be bound by all of the terms herein as the Shareholders.

Transfer of the Unit. Shareholders agree that prior to the sale or transfer of the Unit to another, either: (i1) the Installation Planter Area Extension and related components shall be removed and the common area restored back to its their original condition, at the Shareholders’ ' expense, or (ii2) the transferee of the Unit shall sign a counterpart addendum to this Agreement whereby the transferee agrees to assume, abide by, and be bound by all of the terms herein as the Shareholders.

Transfer of the Unit. Shareholders agree that prior to the sale or transfer of the Unit to another, either: (i1) the Installation Pad and related components shall be removed and the common area restored back to its their original condition, at the Shareholders’ ' expense, or (ii2) the transferee of the Unit shall sign a counterpart addendum to this Agreement whereby the transferee agrees to assume, abide by, and be bound by all of the terms herein as the Shareholders.