Unit Plan. The term “Unit Plan” means the Amended and Restated 2006 Unit Plan of the Company, as it may be amended or supplemented from time to time.
Unit Plan. Executive acknowledges that the Class F Units are being issued pursuant to the Unit Plan and agrees to be bound by the terms of the Unit Plan with respect to Executive’s Units.
Unit Plan. For the purpose of properly conserving the natural resources of any Oil and Gas pool, field, or like area, the Lessee may, with the Director’s written consent, commit the leased lands to a unit, cooperative or other plan of development or operation with other state, federal, Indian, or privately-owned lands.
Unit Plan. 35 10.7 [**].......................................................................................... 35 10.8 Expiration of Unit Plan....................................................................... 35 10.9 [**] Pricing.................................................................................. 35 10.10 [**] Revenues................................................................................. 36 SECTION 11. DEVELOPMENT WORK QUALIFYING FOR SR&ED CREDITS................................................. 36
Unit Plan. Every unit title development has a unit plan, which shows the location of the principal units as well as any accessory units and common property in the development. The unit plan is the formal record of all of the boundaries of the units, and the common property. Ownership and utility interests. Each unit is allocated an ownership interest and a utility interest and such interests are relevant to the determination of many of the unit owner’s rights and responsibilities under the Unit Titles Act 2010. Ownership interest is a number that reflects the relative value of each unit to the other units in the development, and is used to determine a range of matters including the unit owners’ beneficial share in the common property, and share in the underlying land if the unit plan is cancelled. By default, the utility interest of a unit is the same as the ownership interest (unless it is otherwise specified on the deposit of the unit plan or subsequently changed), and is used to calculate how much each owner contributes to the operational costs of the body corporate. Body corporate operational rules. The body corporate for a unit title development can make its own operational rules on the use of the development, and governance of the body corporate. These operational rules are subject to the provisions of the Unit Titles Act 2010 and regulations made under that Act. All unit owners, occupiers, tenants and the body corporate must follow the body corporate operational rules that apply to their unit title development. Transitional provisions for unit title developments created before the Unit Titles Act 2010 came into effect on 20 June 2011 apply to the body corporate rules in place at that time. Pre-settlement disclosure statement. Before settlement of the sale of a unit, the seller must provide a pre-settlement disclosure statement to the purchaser, which includes information on: • the unit number and body corporate number • the amount of the contribution levied by the body corporate for that unit • the period covered by the contribution • how the levy is to be paid • the date on or before which the levy must be paid • whether any amount of the levy is currently unpaid and, if so, how much • whether legal proceedings have commenced in respect of any unpaid levy • whether any metered charges (eg, for water) are unpaid and, if so, how much • whether any costs relating to repairs to building elements or infrastructure contained in the unit are unpaid and, if so, how m...
Unit Plan. Every unit title development has a unit plan, which shows the location of the principal units as well as any accessory units and common property in the DocuSign Envelope ID: 5FAD1E23-4720-4776-8D5A-5E79CC19401C development. The unit plan is the formal record of all of the boundaries of the units, and the common property. Ownership and utility interests. Each unit is allocated an ownership interest and a utility interest, and such interests are relevant to the determination of many of the unit owner’s rights and responsibilities under the Xxxx Xxxxxx Xxx 0000. Ownership interest is a number that reflects the relative value of each unit to the other units in the development and is used to determine a range of matters including the unit owners’ beneficial share in the common property and share in the underlying land if the unit plan is cancelled. By default, the utility interest of a unit is the same as the ownership interest (unless it is otherwise specified on the deposit of the unit plan or subsequently changed) and is used to calculate how much each owner contributes to the operational costs of the body corporate. Body corporate operational rules. The body corporate for a unit title development can make its own operational rules on the use of the development, and governance of the body corporate. These operational rules are subject to the provisions of the Xxxx Xxxxxx Xxx 0000 and regulations made under that Act. All unit owners, occupiers, tenants and the body corporate must follow the body corporate operational rules that apply to their unit title development. Transitional provisions for unit title developments created before the Xxxx Xxxxxx Xxx 0000 came into effect on 20 June 2011 apply to the body corporate rules in place at that time. Pre-settlement disclosure statement. Before settlement of the sale of a unit, the seller must provide a pre-settlement disclosure statement to the purchaser, which includes information on: • the unit number and body corporate number • the amount of the contribution levied by the body corporate for that unit • the period covered by the contribution • how the levy is to be paid • the date on or before which the levy must be paid • whether any amount of the levy is currently unpaid and, if so, how much • whether legal proceedings have commenced in respect of any unpaid levy • whether any metered charges (e.g., for water) are unpaid and, if so, how much • whether any costs relating to repairs to building elements or infras...
